Accenture Executives Sell Nearly $1M in Company Shares

ACNACN

CEO Julie Spellman Sweet sold 1,694 Accenture shares at $288.30 for $488,380, cutting her stake by 4.34%. CEO Mauro Macchi sold 500 shares at $280 for $140,000 (6.56% reduction) and General Counsel Joel Unruch sold 1,332 shares at $275 for $366,300.

1. Insider Trading Activity

On January 14th, Accenture CEO Mauro Macchi sold 500 shares of company stock for a total of $140,000, reducing his holdings by 6.56% to 7,123 shares. In the same quarter, General Counsel Joel Unruch disposed of 1,332 shares in a transaction totaling $366,300. Over the past three months, insiders have sold 40,076 shares valued at approximately $10.26 million, leaving company executives with just 0.02% of total shares outstanding.

2. Quarterly Earnings and Guidance

In its fiscal second quarter, Accenture reported earnings per share of $3.94, beating analyst estimates by $0.21, while revenue reached $18.74 billion, topping consensus by $230 million and marking a 5.7% year-over-year increase. The firm achieved a net margin of 10.76% and a return on equity of 26.65%. Management reiterated full-year EPS guidance in the range of $13.52 to $13.90, compared with the current analyst consensus of $12.73 per share.

3. Dividend Policy and Analyst Outlook

Accenture declared a quarterly dividend of $1.63 per share, representing an annualized payout of $6.52 and a yield of 2.3%, with a payout ratio of 53.88% and an ex-dividend date of January 13th. On the research front, one analyst rates the stock as a Strong Buy, seventeen as Buy, eleven as Hold and one as Sell, for a consensus recommendation of Moderate Buy. The average price target stands at $297.20, while institutional investors control 75.14% of outstanding shares.

Sources

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