Accenture Plc (NYSE:ACN) insider ‘T Noordende Alexander M. Van sold 6,500 shares of the stock in a transaction dated Monday, January 1st. The shares were sold at an average price of $153.48, for a total value of $997,620.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Accenture Plc (ACN) traded up $0.71 during midday trading on Wednesday, hitting $154.55. The stock had a trading volume of 2,060,000 shares, compared to its average volume of 1,990,000. Accenture Plc has a 1 year low of $112.31 and a 1 year high of $158.44. The company has a market capitalization of $99,080.00, a P/E ratio of 27.40, a P/E/G ratio of 2.31 and a beta of 1.08.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 21st. The information technology services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.67 by $0.12. Accenture had a return on equity of 41.79% and a net margin of 9.43%. The firm had revenue of $9.52 billion for the quarter, compared to the consensus estimate of $9.25 billion. During the same quarter last year, the company earned $1.58 earnings per share. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. equities analysts predict that Accenture Plc will post 6.64 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC grew its position in shares of Accenture by 0.4% during the second quarter. Flagship Harbor Advisors LLC now owns 2,917 shares of the information technology services provider’s stock worth $362,000 after purchasing an additional 12 shares in the last quarter. AlphaMark Advisors LLC grew its position in shares of Accenture by 0.9% during the second quarter. AlphaMark Advisors LLC now owns 2,319 shares of the information technology services provider’s stock worth $287,000 after purchasing an additional 20 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in shares of Accenture by 1.4% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 1,801 shares of the information technology services provider’s stock worth $223,000 after purchasing an additional 24 shares in the last quarter. Manchester Capital Management LLC grew its position in shares of Accenture by 7.0% during the second quarter. Manchester Capital Management LLC now owns 920 shares of the information technology services provider’s stock worth $114,000 after purchasing an additional 60 shares in the last quarter. Finally, Wedbush Securities Inc. grew its position in shares of Accenture by 1.0% during the second quarter. Wedbush Securities Inc. now owns 6,843 shares of the information technology services provider’s stock worth $846,000 after purchasing an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

A number of research firms have weighed in on ACN. Citigroup reissued a “hold” rating and issued a $159.00 target price on shares of Accenture in a report on Friday, December 22nd. SunTrust Banks reissued a “hold” rating and issued a $164.00 target price on shares of Accenture in a report on Thursday, December 21st. Bank of America increased their target price on Accenture from $150.00 to $171.00 in a report on Friday, December 22nd. Pivotal Research increased their target price on Accenture from $165.00 to $180.00 and gave the company a “buy” rating in a report on Friday, December 22nd. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $180.00 target price (up previously from $151.00) on shares of Accenture in a report on Friday, December 22nd. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $155.11.

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About Accenture

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 (NYSE:ACN)

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