David Rowland Sells 3,270 Shares of Accenture (ACN) Stock

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):

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  • 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.



Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, March 22nd. The information technology services provider reported $1.58 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.09. Accenture had a return on equity of 41.50% and a net margin of 9.18%. The company had revenue of $9.59 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same quarter in the previous year, the business earned $1.33 earnings per share. The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. equities research analysts expect that Accenture will post 6.69 EPS for the current year.

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.

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

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