Shares of Accenture plc. (NYSE:ACN) Sees Large Inflow of Net Money Flow

Accenture plc. (NYSE:ACN) dropped slightly amid mild profit booking and the last known price was $117.08 per share. The price decreased by -1.19 points or -1.01% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $10.38 million. The total upticks were valued at $57.73 million and the total downticks aggregated to $47.35 million, thereby putting the up/down ratio at 1.22,. The shares have seen a change in the share price of -1.53% on a weekly basis.In a big block trade which occurred today, the total uptick value was $24 million and the total downtick value was $10.31, resulting in an up/down ratio of 2.33. The net money flow for the block trade was calculated to be $13.69 million.


Currently the company Insiders own 0.17% of Accenture plc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.59% . Institutional Investors own 76.97% of Accenture plc. shares. During last six month period, the net percent change held by insiders has seen a change of -9.62%. On the companys insider trading activities, The officer (Group Chief Executive-Fin Serv), of Accenture Plc, Lumb Richard had unloaded 2,500 shares at $116.45 per share in a transaction on May 11, 2016. The total value of transaction was $291,125. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Accenture plc. (NYSE:ACN) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.19 points or 1.01% at $117.08 with 1,992,268 shares getting traded. Post opening the session at $117.86, the shares hit an intraday low of $117.03 and an intraday high of $118.94 and the price was in this range throughout the day. The company has a market cap of $75,705 million and the number of outstanding shares have been calculated to be 646,611,050 shares. The 52-week high of Accenture plc. (NYSE:ACN) is $120.15 and the 52-week low is $88.43.

Many analysts have stated their opinion on the company shares. Major Brokerage house, Cowen & Company maintains its ratings on Accenture plc. (NYSE:ACN). In the latest research report, Cowen & Company raises the target price from $118 per share to $130 per share. According to the latest information available, the shares are now rated Outperform by the analysts at the agency. The rating by the firm was issued on May 31, 2016.

Accenture plc is engaged in providing management consulting, technology and outsourcing services. The Companys business is structured around five operating groups, which together consists of 19 industry groups serving clients in industries globally. The Companys 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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