Insider Selling: Accenture (NYSE:ACN) CEO Sells $140,000.00 in Stock

Accenture PLC (NYSE:ACN) CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $280.00, for a total value of $140,000.00. Following the completion of the transaction, the chief executive officer owned 7,123 shares in the company, valued at approximately $1,994,440. This represents a 6.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Mauro Macchi also recently made the following trade(s):

• On Wednesday, January 7th, Mauro Macchi sold 500 shares of Accenture stock. The stock was sold at an average price of $280.00, for a total transaction of $140,000.00.

Accenture Price Performance

Shares of NYSE:ACN opened at $286.33 on Friday. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. The company has a market cap of $176.27 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 2.76 and a beta of 1.25. The firm has a 50 day simple moving average of $264.19 and a 200 day simple moving average of $259.12.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. During the same period in the prior year, the business earned $3.59 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Research analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, January 13th. Accenture’s payout ratio is 53.88%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ACN shares. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Mizuho reduced their price objective on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. The Goldman Sachs Group restated a “buy” rating and issued a $330.00 price objective on shares of Accenture in a report on Thursday, December 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Accenture from $235.00 to $265.00 and gave the stock a “hold” rating in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $297.20.

Institutional Trading of Accenture

Several large investors have recently modified their holdings of the stock. Investors Research Corp grew its holdings in Accenture by 73.8% in the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares during the period. Harbor Capital Advisors Inc. grew its stake in shares of Accenture by 132.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 61 shares during the period. Triumph Capital Management bought a new stake in Accenture in the 3rd quarter valued at about $26,000. Board of the Pension Protection Fund acquired a new position in Accenture during the 4th quarter worth approximately $27,000. Finally, Davis Capital Management bought a new position in Accenture in the third quarter worth approximately $28,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

About Accenture

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.