John Walsh, Chief Operating Officer of Accenture PLC (ACN, Financial), executed a sale of 5,000 shares of the company on October 17, 2024. The transaction was reported in a recent SEC filing. Following this sale, the insider now owns 17,593 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 company combines unmatched experience and specialized skills across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers.
On the day of the sale, shares of Accenture PLC were priced at $373.24, valuing the company with a market cap of approximately $234.38 billion. This pricing places the company's price-earnings ratio at 32.82, which is above both the industry median of 26.66 and the historical median for the company.
According to the GF Value, the intrinsic value of Accenture PLC's stock is estimated at $328.27, suggesting that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.14.
Over the past year, John Walsh has sold a total of 15,500 shares and has not made any purchases. The broader insider activity for Accenture PLC shows a trend with 38 insider sales and no insider buys over the same period.
This insider selling trend could be of interest to investors, especially when considering the company's valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow, all of which are calculated based on historical trading multiples, adjustments for past performance, and future business expectations.
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.
