Accenture plc’s filing revealed that its General Counsel/Corp Secretary Unruch Joel unloaded Company’s shares for reported $1.37 million on Apr 19 ’24. In the deal valued at $316.12 per share,4,333 shares were sold. As a result of this transaction, Unruch Joel now holds 30,702 shares worth roughly $9.75 million.
Then, Ollagnier Jean-Marc sold 6,250 shares, generating $1,974,432 in total proceeds. Upon selling the shares at $315.91, the CEO EMEA now owns 161,581 shares.
Before that, McClure Kathleen R sold 4,500 shares. Accenture plc shares valued at $1,422,008 were divested by the Chief Financial Officer at a price of $316.00 per share. As a result of the transaction, McClure Kathleen R now holds 42,781 shares, worth roughly $13.58 million.
Susquehanna downgraded its Accenture plc [ACN] rating to a Neutral from a a Positive in a research note published on March 21, 2024; the price target was decreased to $360 from $400. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Mizuho began covering ACN with “Buy” recommendation on January 30, 2024. Exane BNP Paribas revised its rating on January 17, 2024. It rated ACN as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of ACN
On Monday, Accenture plc [NYSE:ACN] saw its stock jump 0.17% to $317.42. Over the last five days, the stock has gained 1.32%. Accenture plc shares have fallen nearly -9.54% since the year began. Nevertheless, the stocks have risen 15.20% over the past one year. While a 52-week high of $387.51 was reached on 03/07/24, a 52-week low of $261.68 was recorded on 04/16/24. SMA at 50 days reached $354.67, while 200 days put it at $333.30. A total of 2.43 million shares were traded, compared to the trading of 3.38 million shares in the previous session.
Levels Of Support And Resistance For ACN Stock
The 24-hour chart illustrates a support level at 315.59, which if violated will result in even more drops to 313.77. On the upside, there is a resistance level at 319.15. A further resistance level may holdings at 320.89. The Relative Strength Index (RSI) on the 14-day chart is 31.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.66%. Stochastics %K at 17.51% indicates the stock is a buying.
The most recent change occurred on November 16, 2023 when Redburn Atlantic began covering the stock and recommended ‘”a Buy”‘ rating along with a $410 price target.
