Accenture plc’s recently made public that its Co-CEO Asia Pacific Sekido Ryoji unloaded Company’s shares for reported $1.1 million on Nov 04 ’24. In the deal valued at $343.70 per share,3,191 shares were sold. As a result of this transaction, Sekido Ryoji now holds 6 shares worth roughly $2121.42.
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Then, Sekido Ryoji bought 3,191 shares, generating $1,101,725 in total proceeds.
Before that, Sweet Julie Spellman sold 8,136 shares. Accenture plc shares valued at $2,945,768 were divested by the Chair and CEO at a price of $362.07 per share. As a result of the transaction, Sweet Julie Spellman now holds 12,188 shares, worth roughly $4.31 million.
Exane BNP Paribas downgraded its Accenture plc [ACN] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in late September from “a Hold” to “a Buy”. Piper Sandler also remained covering ACN and has increased its forecast on September 26, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. UBS revised its rating on July 19, 2024. It rated ACN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ACN
On Friday, Accenture plc [NYSE:ACN] saw its stock fall -2.35% to $353.57. Over the last five days, the stock has lost -0.55%. Accenture plc shares have risen nearly 0.76% since the year began. Nevertheless, the stocks have risen 8.62% 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 $355.53, while 200 days put it at $334.95.
Levels Of Support And Resistance For ACN Stock
The 24-hour chart illustrates a support level at 348.18, which if violated will result in even more drops to 342.78. On the upside, there is a resistance level at 359.64. A further resistance level may holdings at 365.70. The Relative Strength Index (RSI) on the 14-day chart is 46.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 60.59%. Stochastics %K at 68.44% indicates the stock is a holding.
How much short interest is there in Accenture plc?
A steep rise in short interest was recorded in Accenture plc stocks on 2024-10-31, dropping by -0.27 million shares to a total of 5.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 6.03 million shares. There was a decline of -4.65%, which implies that there is a negative sentiment for the stock.
