Shares of Automatic Data Processing, Inc. (ADP) Sees Large Inflow of Net Money Flow

Automatic Data Processing, Inc. (ADP) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $95.25 with a loss of -5.74 points or -5.68%. The net money flow was $15.71 million and the up/down ratio was 1.09. Approximately $184.79 million was the inflow in upticks and $169.08 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -6.35%.The shares witnessed a block transaction with a net money flow of $11.71 million. The total money in uptick was $54.75 million and in downtick was $43.04 million with the up/down ratio reaching 1.27.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Automatic Data Processing, Inc. has lost 7.25% in the last five trading days and dropped 7.33% in the last 4 weeks. Automatic Data Processing, Inc. is up 10.06% in the last 3-month period. Year-to-Date the stock performance stands at -7.33%. Automatic Data Processing, Inc. (NASDAQ:ADP) witnessed a decline in the market cap on Wednesday as its shares dropped 5.68% or 5.74 points. After the session commenced at $96.03, the stock reached the higher end at $97.32 while it hit a low of $94.11. With the volume soaring to 8,013,843 shares, the last trade was called at $95.25. The company has a 52-week high of $104.09. The company has a market cap of $42,974 million and there are 451,173,220 shares in outstanding. The 52-week low of the share price is $78.98.

Company has reported several Insider transactions to the SEC, on Jan 31, 2017, John Ayala (Corp. VP) sold 24,028 shares at 101.44 per share price.On Jan 27, 2017, Thomas J Perrotti (Corp. VP) sold 957 shares at 103.46 per share price.On Jan 27, 2017, Dermot J Obrien (Corp. VP) sold 23,036 shares at 103.49 per share price.

Automatic Data Processing Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.87 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.81. The company had revenue of $2987.30 million for the quarter, compared to analysts expectations of $3016.36 million. The companys revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 30, 2017 to Hold, Raises Price Target to $ 105 from a previous price target of $95 .Automatic Data Processing was Initiated by Barclays on Dec 20, 2016 to Overweight, Price Target of the shares are set at $115.Automatic Data Processing was Upgraded by Goldman to Buy on Dec 16, 2016.

Automatic Data Processing, Inc. is one of the largest providers of computerized transaction processing, data communication, and information services in the world. ADP Employer Services offers a comprehensive range of payroll, human resources, benefits administration, time and attendance, tax filing and reporting, professional employer organization, compliance management and retirement plan services to employers in the United States, Canada, Europe and Latin America.


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