Accenture (NYSE:ACN) CFO David Rowland sold 3,270 shares of the business’s stock in a transaction dated Friday, April 20th. The stock was sold at an average price of $152.93, for a total value of $500,081.10. Following the transaction, the chief financial officer now directly owns 20,243 shares of the company’s stock, valued at $3,095,761.99. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
David Rowland also recently made the following trade(s):
- On Thursday, January 25th, David Rowland sold 3,102 shares of Accenture stock. The stock was sold at an average price of $161.21, for a total value of $500,073.42.
Shares of NYSE ACN opened at $151.07 on Wednesday. Accenture has a twelve month low of $118.40 and a twelve month high of $165.58. The company has a market capitalization of $96,822.73, a price-to-earnings ratio of 25.56, a PEG ratio of 2.28 and a beta of 1.04.
Hedge funds and other institutional investors have recently modified their holdings of the business. Farmers National Bank purchased a new stake in shares of Accenture during the fourth quarter worth approximately $107,000. Virtue Capital Management LLC purchased a new stake in shares of Accenture during the fourth quarter worth approximately $128,000. Aevitas Wealth Management Inc. purchased a new stake in shares of Accenture during the fourth quarter worth approximately $131,000. Wagner Wealth Management LLC purchased a new stake in shares of Accenture during the fourth quarter worth approximately $179,000. Finally, Santori & Peters Inc. purchased a new stake in shares of Accenture during the fourth quarter worth approximately $181,000. Institutional investors own 75.61% of the company’s stock.
A number of equities analysts have recently commented on ACN shares. Pivotal Research set a $180.00 price objective on Accenture and gave the stock a “buy” rating in a research report on Tuesday, February 20th. Cowen reissued a “buy” rating and set a $175.00 price objective on shares of Accenture in a research report on Friday, January 12th. Zacks Investment Research upgraded Accenture from a “hold” rating to a “buy” rating and set a $172.00 target price for the company in a research note on Wednesday, December 27th. Finally, ValuEngine upgraded Accenture from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $161.80.
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Accenture Company Profile
Accenture plc provides consulting, technology, and outsourcing services worldwide. Its Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions for communications, media, and high tech industries, as well as for software platforms.
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