On October 20, 2023, Ellyn Shook, Chief Leadership & HR Officer of Accenture PLC (ACN, Financial), sold 5,250 shares of the company. This recent transaction is part of a series of insider sells by the insider over the past year.
Ellyn Shook is a seasoned executive with a wealth of experience in human resources and leadership. As the Chief Leadership & HR Officer of Accenture, she plays a pivotal role in shaping the company's workforce strategy and culture. Her insider trades provide valuable insights into the company's financial health and future prospects.
Accenture PLC is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. With a market cap of $185.11 billion, Accenture is a significant player in the industry.
Over the past year, Ellyn Shook has sold a total of 21,000 shares and purchased 0 shares. This trend of insider selling raises questions about the company's current valuation and future growth prospects.
The insider transaction history for Accenture PLC shows a total of 28 insider sells over the past year, with no insider buys. This trend could indicate that insiders believe the stock is currently overvalued.
On the day of the insider's recent sell, shares of Accenture PLC were trading for $298.48 apiece. This gives the stock a price-earnings ratio of 27.39, which is higher than both the industry median of 25.4 and the company’s historical median price-earnings ratio. This could suggest that the stock is overpriced relative to its earnings.
However, with a price of $298.48 and a GuruFocus Value of $349.21, Accenture PLC has a price-to-GF-Value ratio of 0.85. This indicates that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance.
In conclusion, while the insider's recent sell and the overall trend of insider selling at Accenture PLC could raise concerns, the stock's modest undervaluation based on its GF Value suggests potential upside. Investors should closely monitor the company's financial performance and insider transactions to make informed investment decisions.
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.
