Automatic Data Processing Inc’s filing revealed that its Officer D’Ambrosio Christopher acquired Company’s shares for reported $0.14 million on Apr 10 ’25. In the deal valued at $293.14 per share,478 shares were bought.
Then, Michaud Brian L. sold 1,500 shares, generating $458,070 in total proceeds. Upon selling the shares at $305.38, the Corp VP now owns 12,073 shares.
Before that, Michaud Brian L. bought 1,500 shares. Automatic Data Processing Inc shares valued at $458,070 were divested by the Officer at a price of $305.38 per share.
BofA Securities upgraded its Automatic Data Processing Inc [ADP] rating to a Neutral from a an Underperform in a research note published on January 17, 2024; the price target was increased to $243 from $217. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early January from “an Underperform” to “a Peer perform”. UBS began covering ADP with “Neutral” recommendation on November 07, 2023. RBC Capital Mkts started covering the stock on September 05, 2023. It rated ADP as “a Sector perform”.
Price Performance Review of ADP
On Friday, Automatic Data Processing Inc [NASDAQ:ADP] saw its stock jump 2.51% to $299.54. Over the last five days, the stock has gained 4.69%. Automatic Data Processing Inc shares have risen nearly 2.33% since the year began. Nevertheless, the stocks have risen 21.87% over the past one year. While a 52-week high of $322.84 was reached on 03/04/25, a 52-week low of $231.27 was recorded on 04/07/25. SMA at 50 days reached $303.10, while 200 days put it at $285.56.
Levels Of Support And Resistance For ADP Stock
The 24-hour chart illustrates a support level at 292.76, which if violated will result in even more drops to 285.98. On the upside, there is a resistance level at 303.86. A further resistance level may holdings at 308.17. The Relative Strength Index (RSI) on the 14-day chart is 51.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.01%. Stochastics %K at 61.98% indicates the stock is a holding.
How much short interest is there in Automatic Data Processing Inc?
A steep rise in short interest was recorded in Automatic Data Processing Inc stocks on 2025-03-31, dropping by -0.39 million shares to a total of 5.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.2 million shares. There was a decline of -6.78%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 02, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $230 price target.
