Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Accenture plc shares valued at $3,468,539 were sold by Sweet Julie Spellman on Feb 05 ’25. At $394.47 per share, Sweet Julie Spellman sold 8,793 shares. The insider’s holdings dropped to 11,858 shares worth approximately $4.56 million following the completion of this transaction.
Also, Sekido Ryoji sold 1,700 shares, netting a total of over 670,429 in proceeds. Following the sale of shares at $394.37 each, the insider now holds 20 shares.
Before that, Sharma Manish had sold 2,136 shares from its account. In a trade valued at $842,533, the CEO-The Americas traded Accenture plc shares for $394.44 each. Upon closing the transaction, the insider’s holdings decreased to 2,136 shares, worth approximately $0.85 million.
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 drop of approximately -1.03%. Over the course of the year, Accenture plc shares have jumped approximately 9.39%. 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 $367.31, while a 200-day SMA reached $339.97. Nevertheless, trading volume fell to 2.25 million shares from 1.44 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 382.73, which, if violated, would cause prices to drop to 380.61. In the upper region, resistance lies at 388.48. The next price resistance is at 392.11. RSI (Relative Strength Index) is 56.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.98, which suggests the price will decrease in the coming days. Percent R is at 68.20%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
