Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Automatic Data Processing Inc shares valued at $140,121 were sold by D’Ambrosio Christopher on Apr 10 ’25. At $293.14 per share, D’Ambrosio Christopher sold 478 shares. The insider’s holdings dropped to 7,364 shares worth approximately $2.17 million following the completion of this transaction.
Also, D’Ambrosio Christopher purchased 478 shares, netting a total of over 140,121 in proceeds.
Before that, Michaud Brian L. had sold 1,500 shares from its account. In a trade valued at $458,070, the Corp VP traded Automatic Data Processing Inc shares for $305.38 each. Upon closing the transaction, the insider’s holdings decreased to 1,500 shares, worth approximately $3.55 million.
As published in a research note from BofA Securities on January 17, 2024, Automatic Data Processing Inc [ADP] has been rated up from an Underperform to a Neutral and the price target has been revised to $243 from $217. Analysts at Wolfe Research upgraded the stock from ‘”an Underperform”‘ to ‘”a Peer perform”‘ outlook in a report released in early January. As of November 07, 2023, UBS has initiated its “Neutral” rating for ADP. Earlier on September 05, 2023, RBC Capital Mkts initiated its rating. Their recommendation was “a Sector perform” for ADP stock.
Analyzing ADP Stock Performance
During the last five days, there has been a drop of approximately -0.19%. Over the course of the year, Automatic Data Processing Inc shares have jumped approximately 0.48%. Shares of the company reached a 52-week high of $322.84 on 03/04/25 and a 52-week low of $272.62 on 04/07/25. A 50-day SMA is recorded $302.67, while a 200-day SMA reached $286.46.
Support And Resistance Levels for Automatic Data Processing Inc (ADP)
According to the 24-hour chart, there is a support level at 291.20, which, if violated, would cause prices to drop to 288.25. In the upper region, resistance lies at 298.14. The next price resistance is at 302.14. RSI (Relative Strength Index) is 46.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.50, which suggests the price will increase in the coming days. Percent R is at 41.65%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
