Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Accenture plc shares valued at $902,720 were sold by Walsh John F on Jan 23 ’25. At $361.09 per share, Walsh John F sold 2,500 shares. The insider’s holdings dropped to 19,737 shares worth approximately $7.39 million following the completion of this transaction.
Also, Unruch Joel sold 4,750 shares, netting a total of over 1,723,185 in proceeds. Following the sale of shares at $362.78 each, the insider now holds 20,526 shares.
Before that, Unruch Joel had added 4,750 shares to its account. In a trade valued at $1,720,165, the Officer bought Accenture plc shares for $362.14 each.
As published in a research note from Wolfe Research on January 08, 2025, Accenture plc [ACN] has been rated up from a Peer perform to an Outperform and the price target has been revised to $425. Analysts at Goldman upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early December. As of October 30, 2024, Exane BNP Paribas has decreased its “an Outperform” rating to a “Neutral” for ACN. Earlier on September 30, 2024, TD Cowen upgraded its rating. Their new recommendation was “a Buy” for ACN stock which previously was a “a Hold”.
Analyzing ACN Stock Performance
During the last five days, there has been a surge of approximately 4.26%. Over the course of the year, Accenture plc shares have jumped approximately 6.43%. Shares of the company reached a 52-week high of $382.02 on 01/28/25 and a 52-week low of $344.37 on 01/13/25. A 50-day SMA is recorded $358.52, while a 200-day SMA reached $334.16. Nevertheless, trading volume fell to 2.34 million shares from 4.05 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 371.10, which, if violated, would cause prices to drop to 367.78. In the upper region, resistance lies at 379.82. The next price resistance is at 385.22. RSI (Relative Strength Index) is 64.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 16.34, which suggests the price will increase in the coming days. Percent R is at 20.18%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
