Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Accenture PLC (NYSE:ACN) Chair and CEO Julie Spellman Sweet sold 2,651 shares of Class A ordinary shares on July 11, 2025, for approximately $635,789. The sales were executed in multiple transactions at prices ranging from $281.4174 to $287.0561. The stock, currently trading at $279.76, is near its 52-week low of $273.19 and appears undervalued according to InvestingPro analysis.
The sales were executed under a pre-arranged Rule 10b5-1 trading plan. Following the transactions, Sweet directly owns 8,109 shares of Accenture PLC, a prominent IT Services company with a market capitalization of $175 billion. InvestingPro data shows the company maintains a "GOOD" overall financial health score, with 11 additional exclusive insights available to subscribers.
In other recent news, Accenture has been actively involved in several significant developments. The company recently acquired SYSTEMA, a German software solutions provider, enhancing its capabilities in manufacturing automation, especially for semiconductor manufacturers. UBS maintained its Buy rating on Accenture following this acquisition, highlighting its alignment with Accenture’s strategic goals. Stifel also reiterated its Buy rating, praising Accenture’s management despite current market challenges and suggesting potential upside to fiscal year 2026 forecasts.
In a strategic move, Accenture Federal Services partnered with Palantir Technologies (NASDAQ:PLTR) to offer AI-powered solutions to U.S. federal agencies, focusing on enhancing decision-making and operational resilience. Meanwhile, TD Cowen adjusted its price target for Accenture to $342, citing light bookings and challenges in the Digital, Operations, Growth, and Enablement (DOGE) segment. Despite these pressures, TD Cowen expects Accenture to guide for 2-5% constant currency growth for fiscal year 2026.
Accenture’s fiscal third-quarter results showed a beat in earnings and a rise in generative AI bookings, demonstrating continued momentum in its AI initiatives. The company has, however, reduced its fiscal 2025 merger and acquisition spending target due to market conditions. UBS remains confident in Accenture’s ability to achieve 6-7% constant currency revenue growth, with a significant portion coming from organic sources.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.