Treasury Secretary Bessent announces tariff relief on coffee, fruits
Accenture (NYSE:ACN) Chair and CEO Julie Spellman Sweet sold a total of 9,000 Class A ordinary shares of the company on October 29, 2025, for approximately $2.28 million. The sales were executed in multiple transactions with prices ranging from $252.0463 to $254.8409. According to InvestingPro data, these transactions occurred with Accenture trading at $249.25, significantly below its 52-week high of $398.35 and currently appearing undervalued based on Fair Value estimates.
Specifically, the transactions involved four separate sales. The first sale was for 1,329 shares at a weighted average price of $252.0463. The second sale was for 3,806 shares at a weighted average price of $252.9175. The third sale was for 2,104 shares at a weighted average price of $253.9157. The final sale was for 1,761 shares at a weighted average price of $254.8409.
Following these transactions, Sweet directly owns 14,516 shares of Accenture. The sales were conducted under a pre-arranged Rule 10b5-1 trading plan. Accenture, with a market capitalization of $154.2 billion, has maintained dividend payments for 21 consecutive years and currently offers a 2.63% dividend yield. InvestingPro identifies Accenture as a prominent player in the IT Services industry with a GOOD overall financial health rating. Discover more insights in Accenture’s comprehensive Pro Research Report, available with over 1,400+ US equities on InvestingPro.
In other recent news, Accenture has announced several strategic initiatives, starting with its investment in Lyzr, an AI company known for its enterprise agent infrastructure platform. This collaboration aims to enhance agentic AI capabilities for banking, insurance, and financial services clients, allowing them to automate tasks such as customer support and loan approvals. Additionally, Accenture has launched the Physical AI Orchestrator, a cloud-based solution designed to transform factories and warehouses into software-defined facilities using digital twin technology. This initiative was unveiled at NVIDIA GTC in Washington, D.C., and leverages NVIDIA Omniverse technologies.
Furthermore, Accenture has expanded its collaboration with Amazon Web Services to deliver digital services to public sector organizations. This partnership will focus on cloud and AI solutions to improve services and defense capabilities. In other corporate news, Datavault AI announced the relocation of its headquarters to Philadelphia as part of a broader expansion strategy. The company plans to establish a Center for AI and Quantum Computing Excellence in Georgia, enhancing its operational footprint. These developments reflect Accenture’s ongoing commitment to leveraging AI and cloud technologies across various sectors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
