Accenture plc’s recently made public that its Chief Operating Officer Walsh John F unloaded Company’s shares for reported $0.9 million on Jan 23 ’25. In the deal valued at $361.09 per share,2,500 shares were sold. As a result of this transaction, Walsh John F now holds 19,737 shares worth roughly $7.6 million.
Then, Unruch Joel sold 4,750 shares, generating $1,723,185 in total proceeds. Upon selling the shares at $362.78, the General Counsel/Corp Secretary now owns 20,526 shares.
Before that, Unruch Joel bought 4,750 shares. Accenture plc shares valued at $1,720,165 were divested by the Officer at a price of $362.14 per share.
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 Friday, Accenture plc [NYSE:ACN] saw its stock jump 1.10% to $384.95. Over the last five days, the stock has gained 6.22%. Accenture plc shares have risen nearly 9.43% since the year began. Nevertheless, the stocks have risen 3.68% over the past one year. While a 52-week high of $387.51 was reached on 01/31/25, a 52-week low of $278.69 was recorded on 01/13/25. SMA at 50 days reached $359.52, while 200 days put it at $334.84.
Levels Of Support And Resistance For ACN Stock
The 24-hour chart illustrates a support level at 380.73, which if violated will result in even more drops to 376.50. On the upside, there is a resistance level at 388.09. A further resistance level may holdings at 391.22. The Relative Strength Index (RSI) on the 14-day chart is 70.84, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 16.91, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.81%. Stochastics %K at 87.53% 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 2024-11-29, 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.
