Accenture plc’s filing revealed that its Officer Burgum Melissa A acquired Company’s shares for reported $0.52 million on Jan 21 ’25. In the deal valued at $349.25 per share,1,487 shares were bought.
Then, Sweet Julie Spellman sold 2,497 shares, generating $885,143 in total proceeds. Upon selling the shares at $354.48, the Chair and CEO now owns 28,866 shares.
Before that, Park Angie Y sold 685 shares. Accenture plc shares valued at $242,753 were divested by the Chief Financial Officer at a price of $354.38 per share. As a result of the transaction, Park Angie Y now holds 8,674 shares, worth roughly $3.09 million.
Wolfe Research upgraded its Accenture plc [ACN] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “a Buy”. Exane BNP Paribas also remained covering ACN and has decreased its forecast on October 30, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. TD Cowen revised its rating on September 30, 2024. It rated ACN as “a Buy” which previously was an “a Hold”.
Price Performance Review of ACN
On Tuesday, Accenture plc [NYSE:ACN] saw its stock jump 1.09% to $356.42. Over the last five days, the stock has gained 2.09%. Accenture plc shares have risen nearly 1.32% since the year began. Nevertheless, the stocks have fallen -0.87% over the past one year. While a 52-week high of $387.51 was reached on 01/08/25, a 52-week low of $278.69 was recorded on 01/13/25. SMA at 50 days reached $357.51, while 200 days put it at $333.00.
Levels Of Support And Resistance For ACN Stock
The 24-hour chart illustrates a support level at 350.66, which if violated will result in even more drops to 344.90. On the upside, there is a resistance level at 359.52. A further resistance level may holdings at 362.62. The Relative Strength Index (RSI) on the 14-day chart is 51.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.07, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 37.33%. Stochastics %K at 49.39% 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 2024-11-29, growing by 0.59 million shares to a total of 6.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 5.76 million shares. There was a rise of 9.29%, which implies that there is a positive sentiment for the stock.