Pradeep Jotwani Purchases Shares of ACCO
Pradeep Jotwani acquired 5,365 shares of ACCO on June 17, 2026.
Key Points
- Pradeep Jotwani bought 5,365 shares of ACCO on June 17, 2026.
- ACCO shares traded at $3.85 with notable institutional adjustments.
- Analysts maintained a 'buy' rating with a price target of $5.00.
Pradeep Jotwani, an insider at ACCO, purchased 5,365 shares on June 17, 2026. The transaction comes as part of several insider buys on the same day, reflecting ongoing confidence in the company. ACCO shares were trading at $3.85 at the time of the transaction.
Other Institutional Activity in ACCO
Several institutional investors also made changes to their holdings in ACCO. Allspring Global Investments Holdings, LLC increased its position by 67,799 shares, bringing its total to 7,717,401 shares valued at approximately $22.6 million. BlackRock, Inc. added 235,548 shares, ending with 7,554,009 shares worth about $22.7 million. Capital Management Corp /VA significantly increased its stake by 1,454,062 shares, resulting in a total of 6,982,283 shares valued at $20.9 million. Dimensional Fund Advisors LP grew its holdings by 79,116 shares, reaching 4,436,286 shares valued at $13.3 million. Vanguard Capital Management LLC made a new entry with 3,913,839 shares valued at $11.7 million, while American Century Companies Inc boosted its position by 364,566 shares to total 3,606,271 shares worth about $10.8 million.
ACCO Stock Snapshot
Shares of ACCO traded near $3.85. The stock's recent activity reflects various institutional and insider transactions, which could influence its market performance.
Insider Buying and Selling at ACCO
In addition to Pradeep Jotwani's purchase, several other insiders bought shares on June 17, 2026. Kathleen Dvorak acquired 5,909 shares, Joseph Burton bought 2,746 shares, Ronald Lombardi purchased 3,560 shares, Mark Rajkowski added 5,544 shares, and Graciela Monteagudo bought 4,487 shares. These transactions were not part of any pre-arranged trading plans.
Analysts Set New Price Targets
On May 4, 2026, Barrington Research maintained its 'buy' rating for ACCO with a price target of $5.00. This reflects continued optimism among analysts regarding the company's future performance. The consensus among analysts is a 'buy' recommendation, with a target mean price of $5.00 based on multiple opinions.
About ACCO
ACCO is a company involved in the manufacturing and marketing of office products. It operates in various sectors to provide essential office and business solutions. With a focus on innovation and quality, ACCO continues to serve a wide range of customers across different industries.
Bottom Line
Pradeep Jotwani's purchase of ACCO shares, alongside other insider buys, highlights a positive sentiment among the company's leadership. Institutional investors have also adjusted their positions, indicating varied strategies in response to market conditions. Analysts remain optimistic with a 'buy' rating, though investors are reminded that insider transactions are disclosed after the fact and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
