Accenture Plc (ACN) Files Form 4 Insider Selling : Richard Lumb Sells 2,500 Shares

Accenture Plc (ACN): Richard Lumb , Group Chief Executive-Fin Serv of Accenture Plc sold 2,500 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 25, 2016 to the Securities and Exchange Commission. The shares were sold at $114.58 per share for a total value of $286,448.12 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 11, 2016, Marjorie Magner (director) sold 3,000 shares at $112.49 per share price.On Apr 7, 2016, Daniel T London (Grp Chief Exec-Health & PS) sold 5,363 shares at $114.46 per share price.Also, On Mar 30, 2016, Ellyn Shook (Chief Human Resources Officer) sold 3,200 shares at $114.33 per share price.On Mar 30, 2016, David Rowland (Chief Financial Officer) sold 4,348 shares at $114.57 per share price.

Shares of Accenture Plc (ACN) ended Friday, Apr 22, 2016 session in red amid volatile trading. The shares closed down -0.53 points or -0.46% at $113.95 with 26,34,569 shares getting traded. Post opening the session at $114, the shares hit an intraday low of $113.64 and an intraday high of $114.965 and the price vacillated in this range throughout the day. The company has a market cap of $73,681 M and the number of outstanding shares has been calculated to be 64,66,11,050 shares. The 52-week high of Accenture Plc is $116.52 and the 52-week low is $88.43.

Accenture Plc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Accenture Plc is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 115 from a previous price target of $109 .The Rating was issued on Mar 28, 2016.Accenture Plc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 116 from a previous price target of $113 .The Rating was issued on Mar 21, 2016.

Accenture plc is engaged in providing management consulting technology and outsourcing services. The Company’s business is structured around five operating groups which together consists of 19 industry groups serving clients in industries globally. The Company’s segment includes Communications Media & Technology Financial Services Health & Public Service Products and Resources. The Communications Media & Technology segment serves the communications electronics technology media and entertainment industries. The Financial Services segment serves the banking capital markets and insurance industries. The Health & Public Service segment serves healthcare payers and providers government departments public service organizations educational institutions and non-profit organizations. The Products segment serves consumer-relevant industries. The Resources segment serves the chemicals energy forest products metals and mining utilities and related industries.

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