On October 17, 2024, Kathleen Mcclure, Chief Financial Officer of Accenture PLC (ACN, Financial), executed a sale of 5,090 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 38,825 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 firm partners with clients to transform their businesses through services that range from strategy formulation through to technology deployment.
Over the past year, Kathleen Mcclure has sold a total of 17,011 shares and has not made any purchases. This recent transaction continues a trend seen within the company, where there have been 38 insider sells and no insider buys over the past year.
Shares of Accenture PLC were trading at $373.22 on the day of the sale. The company has a market cap of approximately $234.38 billion. The price-earnings ratio of the stock stands at 32.82, which is above both the industry median of 26.66 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Accenture PLC is $328.27 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.14.
The GF Value is calculated based on historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.
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.
