Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Accenture plc shares valued at $3,436,480 were purchased by Sweet Julie Spellman on Feb 05 ’25. At $390.82 per share, Sweet Julie Spellman acquired 8,793 shares.
Also, Burgum Melissa A purchased 232 shares, netting a total of over 90,670 in proceeds.
Before that, Sekido Ryoji had added 1,700 shares to its account. In a trade valued at $664,394, the Officer bought Accenture plc shares for $390.82 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 6.36%. Over the course of the year, Accenture plc shares have jumped approximately 13.21%. Shares of the company reached a 52-week high of $398.35 on 02/05/25 and a 52-week low of $344.37 on 01/13/25. A 50-day SMA is recorded $361.74, while a 200-day SMA reached $336.00. Nevertheless, trading volume fell to 3.46 million shares from 3.17 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 393.00, which, if violated, would cause prices to drop to 387.74. In the upper region, resistance lies at 400.93. The next price resistance is at 403.60. RSI (Relative Strength Index) is 77.29 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 19.47, which suggests the price will increase in the coming days. Percent R is at 0.19%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
