Accenture Plc (ACN) Files Form 4 Insider Selling : Julie Spellman Sweet Sells 2,929 Shares

Accenture Plc (ACN): Julie Spellman Sweet , Group Chief Exec-North America of Accenture Plc sold 2,929 shares on Jul 21, 2016. The Insider selling transaction was reported by the company on Jul 22, 2016 to the Securities and Exchange Commission. The shares were sold at $113.56 per share for a total value of $332,249.78 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 30, 2016, Pierre Nanterme (Chairman & CEO) sold 46,739 shares at $111.32 per share price.On Jun 29, 2016, ‘t Noordende Alexander M Van (Group Chief Exec-Products) sold 7,929 shares at $110.18 per share price.Also, On Jun 29, 2016, Ellyn Shook (Chief Human Resources Officer) sold 3,200 shares at $110.14 per share price.On Jun 29, 2016, David Rowland (Chief Financial Officer) sold 4,553 shares at $110.01 per share price.

Accenture Plc: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Accenture Plc which led to swings in the share price. The shares opened for trading at $113.87 and hit $116.05 on the upside , eventually ending the session at $115.45, with a gain of 1.83% or 2.08 points. The heightened volatility saw the trading volume jump to 26,65,657 shares. The 52-week high of the share price is $120.78 and the company has a market cap of $74,434 M . The 52-week low of the share price is at $88.43.

Accenture Plc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Accenture Plc is Initiated by Pacific Crest to Overweight and the brokerage firm has set the Price Target at $129. The Rating was issued on Jul 12, 2016.Accenture Plc is Downgraded by Credit Suisse to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jun 24, 2016.Accenture Plc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 127 from a previous price target of $121 .The Rating was issued on Jun 24, 2016.Accenture Plc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 128 from a previous price target of $116 .The Rating was issued on May 20, 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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