The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Accenture plc shares valued at $134,439 were sold by Beatty Angela on Dec 23 ’24. At $358.50 per share, Beatty Angela sold 375 shares. The insider’s holdings dropped to 5,149 shares worth approximately $1.86 million following the completion of this transaction.
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Also, Beatty Angela purchased 375 shares, netting a total of over 134,439 in proceeds.
Before that, Sekido Ryoji had sold 3,191 shares from its account. In a trade valued at $1,096,761, the Co-CEO Asia Pacific traded Accenture plc shares for $343.70 each. Upon closing the transaction, the insider’s holdings decreased to 3,191 shares, worth approximately $2169.7799999999997.
As published in a research note from Goldman on December 06, 2024, Accenture plc [ACN] has been rated up from a Neutral to a Buy and the price target has been revised to $420 from $370. Analysts at Exane BNP Paribas downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late October. As of September 30, 2024, TD Cowen has increased its “Hold” rating to a “Buy” for ACN. Earlier on September 26, 2024, Piper Sandler upgraded its rating. Their new recommendation was “an Overweight” for ACN stock which previously was a “a Neutral”.
Analyzing ACN Stock Performance
During the last five days, there has been a surge of approximately 1.21%. Over the course of the year, Accenture plc shares have jumped approximately 3.05%. Shares of the company reached a 52-week high of $387.51 on 03/07/24 and a 52-week low of $278.69 on 05/31/24. A 50-day SMA is recorded $360.33, while a 200-day SMA reached $333.23. Nevertheless, trading volume fell to 1.08 million shares from 3.54 million shares the previous day.
Support And Resistance Levels for Accenture plc (ACN)
According to the 24-hour chart, there is a support level at 359.46, which, if violated, would cause prices to drop to 357.30. In the upper region, resistance lies at 362.87. The next price resistance is at 364.12. RSI (Relative Strength Index) is 51.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.77, which suggests the price will increase in the coming days. Percent R is at 51.29%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
