KD Logo

Taking a Closer Look At Accenture plc (ACN) Following Its Recent Trade

ZOM Stock

Accenture plc’s recent filing unveils that its Officer Ollagnier Jean-Marc acquired Company’s shares for reported $2.27 million on Oct 11 ’24. In the deal valued at $362.52 per share,6,250 shares were bought.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Framil Leonardo bought 1,000 shares, generating $350,000 in total proceeds.

Before that, Shook Ellyn sold 5,000 shares. Accenture plc shares valued at $1,649,122 were divested by the Chief Leadership & HR Officer at a price of $329.82 per share. As a result of the transaction, Shook Ellyn now holds 8,989 shares, worth roughly $3.28 million.

TD Cowen upgraded its Accenture plc [ACN] rating to a Buy from a a Hold in a research note published on September 30, 2024; the price target was increased to $400 from $321. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in late September from “a Neutral” to “an Overweight”. UBS also remained covering ACN and has increased its forecast on July 19, 2024 with a “Buy” recommendation from previously “Neutral” rating. Morgan Stanley revised its rating on June 26, 2024. It rated ACN as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of ACN

On Monday, Accenture plc [NYSE:ACN] saw its stock jump 1.07% to $364.60. Over the last five days, the stock has gained 2.19%. Accenture plc shares have risen nearly 3.90% since the year began. Nevertheless, the stocks have risen 19.79% over the past one year. While a 52-week high of $387.51 was reached on 03/07/24, a 52-week low of $278.69 was recorded on 05/31/24. SMA at 50 days reached $340.43, while 200 days put it at $334.40.

Levels Of Support And Resistance For ACN Stock

The 24-hour chart illustrates a support level at 361.97, which if violated will result in even more drops to 359.33. On the upside, there is a resistance level at 366.43. A further resistance level may holdings at 368.25. The Relative Strength Index (RSI) on the 14-day chart is 63.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.49%. Stochastics %K at 83.21% indicates the stock is a selling.

How much short interest is there in Accenture plc?

A steep rise in short interest was recorded in Accenture plc stocks on 2024-09-30, dropping by -0.89 million shares to a total of 6.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 6.92 million shares. There was a decline of -14.8%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on June 24, 2024 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $335 price target.

Most Popular