Accenture Plc (NYSE:ACN) insider Daniel T. London sold 1,930 shares of the firm’s stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $160.36, for a total transaction of $309,494.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of NYSE:ACN traded up $0.44 during midday trading on Friday, hitting $169.07. 2,803,200 shares of the company’s stock were exchanged, compared to its average volume of 2,190,813. The company has a market cap of $113.12 billion, a PE ratio of 28.61, a PEG ratio of 2.42 and a beta of 0.96. Accenture Plc has a 12 month low of $128.29 and a 12 month high of $169.92.
Accenture (NYSE:ACN) last posted its earnings results on Thursday, June 28th. The information technology services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.72 by $0.07. The company had revenue of $10.32 billion during the quarter, compared to the consensus estimate of $10.04 billion. Accenture had a net margin of 9.76% and a return on equity of 42.01%. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.52 earnings per share. equities research analysts predict that Accenture Plc will post 6.71 earnings per share for the current year.
Several large investors have recently bought and sold shares of ACN. HM Payson & Co. boosted its holdings in Accenture by 2.5% during the second quarter. HM Payson & Co. now owns 235,334 shares of the information technology services provider’s stock worth $38,498,000 after purchasing an additional 5,679 shares during the last quarter. Schroder Investment Management Group boosted its holdings in Accenture by 23.0% during the second quarter. Schroder Investment Management Group now owns 342,255 shares of the information technology services provider’s stock worth $56,301,000 after purchasing an additional 63,953 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in Accenture by 3.6% during the second quarter. Advisors Asset Management Inc. now owns 114,509 shares of the information technology services provider’s stock worth $18,733,000 after purchasing an additional 4,012 shares during the last quarter. Cleararc Capital Inc. boosted its stake in Accenture by 4.7% in the second quarter. Cleararc Capital Inc. now owns 16,574 shares of the information technology services provider’s stock valued at $2,711,000 after acquiring an additional 749 shares during the last quarter. Finally, SRS Capital Advisors Inc. purchased a new position in Accenture in the second quarter valued at about $637,000. 70.50% of the stock is owned by institutional investors.
Accenture plc provides consulting, technology, and outsourcing services worldwide. Its Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions for communications, media, and high tech industries, as well as for software platforms.
Recommended Story: Google Finance Portfolio Tips and Tricks
Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter.