Accenture Plc (NYSE:ACN) insider Ellyn Shook sold 4,375 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $159.25, for a total value of $696,718.75. Following the completion of the transaction, the insider now owns 41,595 shares of the company’s stock, valued at approximately $6,624,003.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Ellyn Shook also recently made the following trade(s):

  • On Monday, October 23rd, Ellyn Shook sold 4,375 shares of Accenture stock. The shares were sold at an average price of $139.81, for a total value of $611,668.75.

Accenture Plc (ACN) traded up $2.25 during trading on Wednesday, hitting $160.21. The company’s stock had a trading volume of 2,084,872 shares, compared to its average volume of 2,120,000. The company has a market cap of $102,710.00, a price-to-earnings ratio of 28.41, a price-to-earnings-growth ratio of 2.41 and a beta of 1.08. Accenture Plc has a twelve month low of $112.31 and a twelve month high of $160.63.

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

A number of research analysts have recently commented on the company. Pivotal Research set a $180.00 target price on Accenture and gave the company a “buy” rating in a research note on Tuesday. Cowen restated a “buy” rating and issued a $175.00 target price on shares of Accenture in a research note on Friday, January 12th. Citigroup restated a “hold” rating and issued a $159.00 target price on shares of Accenture in a research note on Friday, December 22nd. SunTrust Banks restated a “hold” rating and issued a $164.00 target price on shares of Accenture in a research note on Thursday, December 21st. Finally, Bank of America raised their target price on Accenture from $150.00 to $171.00 in a research note on Friday, December 22nd. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $156.57.

Institutional investors have recently bought and sold shares of the business. Eagle Ridge Investment Management purchased a new position in shares of Accenture in the 3rd quarter worth $359,000. Atlanta Capital Management Co. L L C boosted its stake in shares of Accenture by 4.6% in the 3rd quarter. Atlanta Capital Management Co. L L C now owns 580,977 shares of the information technology services provider’s stock worth $78,472,000 after buying an additional 25,671 shares during the last quarter. Koch Industries Inc. boosted its stake in shares of Accenture by 18,227.9% in the 2nd quarter. Koch Industries Inc. now owns 329,903 shares of the information technology services provider’s stock worth $327,000 after buying an additional 328,103 shares during the last quarter. Lenox Wealth Management Inc. purchased a new position in shares of Accenture in the 2nd quarter worth $1,591,000. Finally, Independent Franchise Partners LLP boosted its stake in shares of Accenture by 3.7% in the 3rd quarter. Independent Franchise Partners LLP now owns 6,293,362 shares of the information technology services provider’s stock worth $850,044,000 after buying an additional 222,828 shares during the last quarter. 75.28% of the stock is owned by institutional investors and hedge funds.

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Accenture Company Profile

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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