Accenture PLC (NYSE:ACN) insider Richard P. Clark sold 3,155 shares of the company’s stock in a transaction on Friday, October 27th. The shares were sold at an average price of $143.01, for a total value of $451,196.55. Following the completion of the sale, the insider now owns 5,533 shares in the company, valued at $791,274.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Accenture PLC (NYSE:ACN) traded up 0.01% during midday trading on Monday, reaching $143.29. The company’s stock had a trading volume of 2,145,253 shares. Accenture PLC has a 52 week low of $112.31 and a 52 week high of $143.78. The stock has a 50-day moving average price of $137.37 and a 200 day moving average price of $128.16. The stock has a market capitalization of $88.48 billion, a PE ratio of 26.33 and a beta of 1.08.

Accenture PLC (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 28th. The information technology services provider reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. Accenture PLC had a return on equity of 42.65% and a net margin of 9.37%. The company had revenue of $9.15 billion during the quarter, compared to analysts’ expectations of $9.01 billion. During the same quarter in the previous year, the firm earned $1.31 earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. Equities analysts forecast that Accenture PLC will post $6.56 earnings per share for the current year.

The business also recently declared a Semi-Annual dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Thursday, October 19th will be given a $1.33 dividend. The ex-dividend date is Wednesday, October 18th. This represents a dividend yield of 1.97%. Accenture PLC’s dividend payout ratio is currently 48.90%.

COPYRIGHT VIOLATION WARNING: “Accenture PLC (ACN) Insider Sells $451,196.55 in Stock” was published by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright law. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/30/accenture-plc-acn-insider-sells-451196-55-in-stock.html.

Large investors have recently made changes to their positions in the business. Canada Pension Plan Investment Board lifted its position in shares of Accenture PLC by 18.9% in the second quarter. Canada Pension Plan Investment Board now owns 473,257 shares of the information technology services provider’s stock worth $58,532,000 after buying an additional 75,100 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Accenture PLC by 4.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 2,087,814 shares of the information technology services provider’s stock worth $258,221,000 after buying an additional 97,760 shares during the last quarter. Retirement Systems of Alabama lifted its position in shares of Accenture PLC by 0.3% in the second quarter. Retirement Systems of Alabama now owns 340,128 shares of the information technology services provider’s stock worth $42,067,000 after buying an additional 916 shares during the last quarter. Vigilant Capital Management LLC lifted its position in shares of Accenture PLC by 1.8% in the second quarter. Vigilant Capital Management LLC now owns 101,619 shares of the information technology services provider’s stock worth $12,568,000 after buying an additional 1,780 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in shares of Accenture PLC by 2.3% in the second quarter. Stratos Wealth Partners LTD. now owns 35,664 shares of the information technology services provider’s stock worth $4,411,000 after buying an additional 795 shares during the last quarter. 77.82% of the stock is owned by institutional investors.

Several brokerages have recently issued reports on ACN. KeyCorp restated a “buy” rating and issued a $149.00 price objective on shares of Accenture PLC in a research report on Sunday. Cowen and Company set a $150.00 price objective on Accenture PLC and gave the company a “buy” rating in a research report on Monday, October 23rd. Susquehanna Bancshares Inc restated a “neutral” rating and issued a $144.00 price objective on shares of Accenture PLC in a research report on Tuesday, October 3rd. UBS AG downgraded Accenture PLC from a “positive” rating to a “neutral” rating in a research report on Tuesday, October 3rd. Finally, SunTrust Banks, Inc. set a $130.00 price objective on Accenture PLC and gave the company a “hold” rating in a research report on Sunday, October 1st. One research analyst has rated the stock with a sell rating, nine have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $141.84.

About Accenture PLC

Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.

Insider Buying and Selling by Quarter for Accenture PLC (NYSE:ACN)

Receive News & Ratings for Accenture PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture PLC and related companies with MarketBeat.com's FREE daily email newsletter.