Accenture plc’s recently made public that its Chief Leadership & HR Officer Shook Ellyn unloaded Company’s shares for reported $1.54 million on Apr 25 ’24. In the deal valued at $307.22 per share,5,000 shares were sold. As a result of this transaction, Shook Ellyn now holds 13,699 shares worth roughly $4.15 million.
Then, Unruch Joel sold 4,333 shares, generating $1,369,733 in total proceeds. Upon selling the shares at $316.12, the General Counsel/Corp Secretary now owns 30,702 shares.
Before that, Ollagnier Jean-Marc sold 6,250 shares. Accenture plc shares valued at $1,974,432 were divested by the CEO EMEA at a price of $315.91 per share. As a result of the transaction, Ollagnier Jean-Marc now holds 161,581 shares, worth roughly $48.98 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 fall -1.57% to $303.16. Over the last five days, the stock has lost -4.49%. Accenture plc shares have fallen nearly -13.61% since the year began. Nevertheless, the stocks have risen 10.06% 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 04/29/24. SMA at 50 days reached $348.79, while 200 days put it at $333.28. A total of 4.72 million shares were traded, compared to the trading of 3.37 million shares in the previous session.
Levels Of Support And Resistance For ACN Stock
The 24-hour chart illustrates a support level at 300.90, which if violated will result in even more drops to 298.64. On the upside, there is a resistance level at 307.02. A further resistance level may holdings at 310.87. The Relative Strength Index (RSI) on the 14-day chart is 23.38, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.56%. Stochastics %K at 7.92% 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.
