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Accenture plc (ACN) receives an Outperform rating from Robert W. Baird

In a filing, Accenture plc revealed its Chair and CEO Sweet Julie Spellman unloaded Company’s shares for reported $0.64 million on Apr 11 ’25. In the deal valued at $281.63 per share,2,284 shares were sold. As a result of this transaction, Sweet Julie Spellman now holds 9,965 shares worth roughly $2.83 million.

Then, Sharma Manish sold 962 shares, generating $270,887 in total proceeds. Upon selling the shares at $281.59, the CEO-The Americas now owns 1,472 shares.

Before that, Unruch Joel sold 3,563 shares. Accenture plc shares valued at $1,003,970 were divested by the General Counsel/Corp Secretary at a price of $281.78 per share. As a result of the transaction, Unruch Joel now holds 17,237 shares, worth roughly $4.89 million.

Robert W. Baird upgraded its Accenture plc [ACN] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early January from “a Peer perform” to “an Outperform”. Goldman also remained covering ACN and has increased its forecast on December 06, 2024 with a “Buy” recommendation from previously “Neutral” rating. Exane BNP Paribas revised its rating on October 30, 2024. It rated ACN as “a Neutral” which previously was an “an Outperform”.

Price Performance Review of ACN

On Tuesday, Accenture plc [NYSE:ACN] saw its stock jump 1.69% to $283.96. Over the last five days, the stock has lost -2.01%. Accenture plc shares have fallen nearly -19.28% since the year began. Nevertheless, the stocks have fallen -10.14% over the past one year. While a 52-week high of $398.35 was reached on 02/05/25, a 52-week low of $275.01 was recorded on 04/07/25. SMA at 50 days reached $328.02, while 200 days put it at $343.61.

Levels Of Support And Resistance For ACN Stock

The 24-hour chart illustrates a support level at 281.04, which if violated will result in even more drops to 278.12. On the upside, there is a resistance level at 285.99. A further resistance level may holdings at 288.02. The Relative Strength Index (RSI) on the 14-day chart is 37.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.18%. Stochastics %K at 15.90% indicates the stock is a buying.

How much short interest is there in Accenture plc?

A steep rise in short interest was recorded in Accenture plc stocks on 2025-03-31, growing by 0.65 million shares to a total of 7.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.6 million shares. There was a rise of 8.92%, which implies that there is a positive sentiment for the stock.

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