Rep. Rick W. Allen Sells Accenture PLC (NYSE:ACN) Shares

Key Points

• Representative Rick W. Allen recently sold shares of Accenture PLC (NYSE:ACN) valued between $1,001 and $15,000 on August 19th.
• Accenture's stock has seen a 0.4% decline, trading at approximately $236.94 with a market cap of $148.40 billion.
• Analysts have issued varying ratings on Accenture, with a consensus target price of $342.72 and multiple firms adjusting their price targets recently.

Representative Rick W. Allen (R-Georgia) recently sold shares of Accenture PLC NYSE: ACN. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Accenture stock on August 19th. The trade occurred in the Representative's "LIVTR" account.

Representative Rick W. Allen also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Atmos Energy NYSE: ATO on 8/19/2025.
• Purchased $15,001 - $50,000 in shares of Charles Schwab NYSE: SCHW on 7/10/2025.
• Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 6/20/2025.

Accenture Stock Down 0.4%

Shares of NYSE ACN traded down $0.93 during mid-day trading on Tuesday, reaching $236.94. 3,177,013 shares of the company's stock traded hands, compared to its average volume of 3,587,715. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. The business has a 50-day simple moving average of $261.96 and a 200 day simple moving average of $291.97. The stock has a market cap of $148.40 billion, a P/E ratio of 18.89, a PEG ratio of 2.05 and a beta of 1.29. Accenture PLC has a 1-year low of $235.85 and a 1-year high of $398.35.

Accenture (NYSE:ACN - Get Free Report) last issued its quarterly earnings results on Friday, June 20th. The information technology services provider reported $3.49 EPS for the quarter, beating analysts' consensus estimates of $3.32 by $0.17. Accenture had a return on equity of 26.55% and a net margin of 11.61%.The company had revenue of $17.73 billion during the quarter, compared to the consensus estimate of $17.26 billion. During the same period last year, the business posted $3.13 earnings per share. Accenture's revenue was up 7.7% on a year-over-year basis. Accenture has set its Q4 2025 guidance at EPS. FY 2025 guidance at 12.770-12.890 EPS. On average, analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on ACN. Benchmark restated a "mixed" rating on shares of Accenture in a report on Friday, June 20th. UBS Group reiterated a "buy" rating and issued a $395.00 price objective (up previously from $390.00) on shares of Accenture in a report on Thursday, May 22nd. Guggenheim reduced their price target on Accenture from $360.00 to $335.00 and set a "buy" rating on the stock in a research report on Monday, June 23rd. Stifel Nicolaus cut their target price on Accenture from $355.00 to $315.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Accenture from $290.00 to $260.00 and set a "hold" rating for the company in a research report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $342.72.

Insider Activity

In other news, CEO Mauro Macchi sold 500 shares of the company's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $141,170.00. Following the sale, the chief executive officer directly owned 2,283 shares of the company's stock, valued at $644,582.22. This represents a 17.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Angela Beatty sold 203 shares of the business's stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the sale, the insider owned 5,249 shares in the company, valued at $1,482,002.66. This represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock worth $834,280 over the last 90 days. Corporate insiders own 0.02% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Brighton Jones LLC lifted its position in Accenture by 36.2% during the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider's stock valued at $6,486,000 after purchasing an additional 4,905 shares during the period. NorthRock Partners LLC raised its position in shares of Accenture by 116.1% during the fourth quarter. NorthRock Partners LLC now owns 5,143 shares of the information technology services provider's stock valued at $1,809,000 after buying an additional 2,763 shares during the last quarter. ProShare Advisors LLC lifted its holdings in shares of Accenture by 6.4% in the fourth quarter. ProShare Advisors LLC now owns 145,395 shares of the information technology services provider's stock worth $51,149,000 after buying an additional 8,703 shares in the last quarter. Prana Capital Management LP purchased a new position in Accenture during the fourth quarter valued at $36,116,000. Finally, Point72 Hong Kong Ltd purchased a new stake in Accenture in the 4th quarter worth $8,430,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia's 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia's 12th Congressional District. He won in the general election on November 5, 2024. Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction. After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

About Accenture

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

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