On October 21, 2024, Julie Sweet, Chair and Chief Executive Officer of Accenture PLC (ACN, Financial), sold 9,000 shares of the company. The transaction was executed at a price of $376.16 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 20,324 shares of Accenture PLC.
Accenture PLC is a global professional services company, providing a range of services and solutions in strategy, consulting, digital, technology, and operations. The company combines unmatched experience and specialized skills across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers.
Over the past year, Julie Sweet has sold a total of 51,741 shares and has not made any purchases of the company's stock. This recent transaction follows a pattern observed in the insider transaction history for Accenture PLC, where there have been 38 insider sells and no insider buys over the past year.
Shares of Accenture PLC were trading at $376.16 on the day of the sale, giving the company a market cap of approximately $232.32 billion. The price-earnings ratio of the stock stands at 32.53, which is above both the industry median of 26.56 and the company’s historical median.
According to the GF Value, the intrinsic value of Accenture PLC is estimated at $328.67 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.14.
This sale by the insider might be of interest to investors tracking insider behaviors as an indicator of the company’s future performance or stock valuation adjustments.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
