During the third quarter, two notable institutional investors sharply cut their positions in Accenture PLC. Bank of Jackson Hole Trust reduced its stake by 76.2%, selling 2,444 shares to hold 765 shares valued at $189,000 as of the period end. Barlow Wealth Partners Inc. slashed its holdings by 89.0%, disposing of 47,222 shares to retain 5,821 shares valued at $1.45 million. Overall, hedge funds and other institutional investors account for 75.14% of Accenture’s outstanding shares.

Insiders have been net sellers in recent months, offloading a cumulative 22,700 shares worth $5.95 million. CEO Mauro Macchi sold 500 shares in mid-January for total proceeds of $140,000, reducing his direct ownership to 7,123 shares valued at approximately $1.99 million. Manish Sharma, another senior executive, sold 2,731 shares for proceeds of $786,883, leaving him with 7,057 shares valued at about $2.03 million. Insider ownership remains minimal at 0.02%.

Equity research firms have updated their outlooks on Accenture, with Wells Fargo & Company raising its target from 251 to 275 and assigning an equal-weight rating. Goldman Sachs reaffirmed its buy rating with a target of 330, while Susquehanna increased its target from 270 to 277 and maintained a neutral stance. Evercore ISI reiterated an outperform rating with a 300 target, and Rothschild & Co Redburn lifted its objective from 205 to 210 with a neutral view. Among 29 analysts covering the stock, 16 rate it a buy, 12 a hold and one a sell, yielding a consensus rating of Moderate Buy and an average target of 298.38.