Accenture plc’s recently made public that its Chair and CEO Sweet Julie Spellman unloaded Company’s shares for reported $3.47 million on Feb 05 ’25. In the deal valued at $394.47 per share,8,793 shares were sold. As a result of this transaction, Sweet Julie Spellman now holds 11,858 shares worth roughly $4.09 million.
Then, Sekido Ryoji sold 1,700 shares, generating $670,429 in total proceeds. Upon selling the shares at $394.37, the Co-CEO Asia Pacific now owns 20 shares.
Before that, Sharma Manish sold 2,136 shares. Accenture plc shares valued at $842,533 were divested by the CEO-The Americas at a price of $394.44 per share. As a result of the transaction, Sharma Manish now holds 2,213 shares, worth roughly $0.76 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 Monday, Accenture plc [NYSE:ACN] saw its stock fall -1.01% to $344.99. Over the last five days, the stock has lost -5.20%. Accenture plc shares have fallen nearly -1.93% since the year began. Nevertheless, the stocks have fallen -8.74% over the past one year. While a 52-week high of $398.35 was reached on 02/05/25, a 52-week low of $278.69 was recorded on 02/28/25. SMA at 50 days reached $366.81, while 200 days put it at $341.70.
Levels Of Support And Resistance For ACN Stock
The 24-hour chart illustrates a support level at 341.34, which if violated will result in even more drops to 337.68. On the upside, there is a resistance level at 350.32. A further resistance level may holdings at 355.64. The Relative Strength Index (RSI) on the 14-day chart is 27.32, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -22.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.80%. Stochastics %K at 7.19% indicates the stock is a buying.
