Accenture PLC (NYSE:ACN) insider Richard Lumb sold 2,200 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $129.26, for a total transaction of $284,372.00. Following the sale, the insider now owns 119,013 shares of the company’s stock, valued at $15,383,620.38. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Richard Lumb also recently made the following trade(s):

  • On Wednesday, July 19th, Richard Lumb sold 2,200 shares of Accenture PLC stock. The shares were sold at an average price of $127.51, for a total transaction of $280,522.00.

Accenture PLC (NYSE:ACN) traded down 1.06% during trading on Thursday, reaching $128.24. 1,800,865 shares of the company’s stock traded hands. Accenture PLC has a one year low of $108.83 and a one year high of $130.67. The company has a 50 day moving average of $126.45 and a 200 day moving average of $122.38. The firm has a market cap of $79.25 billion, a price-to-earnings ratio of 22.71 and a beta of 1.11.

Accenture PLC (NYSE:ACN) last issued its quarterly earnings results on Thursday, June 22nd. The information technology services provider reported $1.52 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.52. Accenture PLC had a return on equity of 43.96% and a net margin of 9.92%. The business had revenue of $8.87 billion for the quarter, compared to analyst estimates of $8.82 billion. During the same quarter in the previous year, the firm earned $1.41 earnings per share. The company’s revenue was up 5.1% on a year-over-year basis. Equities research analysts predict that Accenture PLC will post $5.90 EPS for the current year.

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Several large investors have recently modified their holdings of ACN. Coconut Grove Bank raised its stake in shares of Accenture PLC by 75.7% in the first quarter. Coconut Grove Bank now owns 845 shares of the information technology services provider’s stock worth $101,000 after buying an additional 364 shares during the last quarter. Farmers & Merchants Investments Inc. raised its stake in shares of Accenture PLC by 1.3% in the first quarter. Farmers & Merchants Investments Inc. now owns 865 shares of the information technology services provider’s stock worth $104,000 after buying an additional 11 shares during the last quarter. TCI Wealth Advisors Inc. raised its stake in shares of Accenture PLC by 23.4% in the second quarter. TCI Wealth Advisors Inc. now owns 854 shares of the information technology services provider’s stock worth $106,000 after buying an additional 162 shares during the last quarter. Howe & Rusling Inc. raised its stake in shares of Accenture PLC by 14.2% in the first quarter. Howe & Rusling Inc. now owns 908 shares of the information technology services provider’s stock worth $109,000 after buying an additional 113 shares during the last quarter. Finally, Bellwether Investment Group LLC raised its stake in shares of Accenture PLC by 64.2% in the first quarter. Bellwether Investment Group LLC now owns 918 shares of the information technology services provider’s stock worth $110,000 after buying an additional 359 shares during the last quarter. Institutional investors and hedge funds own 77.48% of the company’s stock.

A number of equities research analysts recently commented on ACN shares. Cowen and Company upped their price target on shares of Accenture PLC from $131.00 to $135.00 and gave the company an “outperform” rating in a report on Wednesday, June 28th. Zacks Investment Research lowered shares of Accenture PLC from a “hold” rating to a “sell” rating in a report on Tuesday, May 30th. SunTrust Banks, Inc. lowered shares of Accenture PLC from a “buy” rating to a “hold” rating and upped their price target for the company from $122.15 to $130.00 in a report on Wednesday, May 24th. Cantor Fitzgerald reiterated a “buy” rating and set a $135.00 price target on shares of Accenture PLC in a report on Monday, May 29th. Finally, BMO Capital Markets reiterated a “hold” rating and set a $130.00 price target (up from $125.00) on shares of Accenture PLC in a report on Thursday, June 22nd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $130.71.

Accenture PLC Company Profile

Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.

Insider Buying and Selling by Quarter for Accenture PLC (NYSE:ACN)

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