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

Automatic Data Processing (ADP) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $4.98 million worth of transactions were on upticks, whereas, the downticks accounted for $0.62 million worth of transactions. The net money flow was a positive $4.36 million and the uptick to downtick ratio was 8. The net money flow into the stock was $4.42 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $4.42 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Automatic Data Processing (ADP) was trading at $94.84, down $0.04 during day. The stock slid -0.04% over the previous days close. For the week, the stock recorded -0.23% over the previous weeks close.


Automatic Data Processing (ADP) : The most positive equity analysts on Automatic Data Processing (ADP) expects the shares to touch $110, whereas, the least positive believes that the stock will trade at $70 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $90 with an expected fluctuation of $12.62 from the mean.

Automatic Data Processing (NASDAQ:ADP): stock turned positive on Friday. Though the stock opened at $95.51, the bulls momentum made the stock top out at $95.69 level for the day. The stock recorded a low of $94.75 and closed the trading day at $95.44, in the green by 0.59%. The total traded volume for the day was 1,221,373. The stock had closed at $94.88 in the previous days trading.

In a related news,The officer (Corporate Vice President) of Automatic Data Processing Inc, Siegmund Jan sold 3,292 shares at $95 on July 11, 2016. The Insider selling transaction had a total value worth of $312,740. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Automatic Data Processing, Inc. (ADP) is a provider of human capital management (HCM) solutions and business process outsourcing. The Company operates through two segments: Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers a range of business outsourcing and technology-enabled HCM solutions. These offerings include payroll services, benefits administration, recruiting and talent management, human resources management, insurance services, retirement services and payment and compliance solutions. The Companys PEO business, ADP TotalSource, offers small and mid-sized businesses human resources (HR) outsourcing solution through a co-employment model. ADP TotalSource includes HR management and employee benefits functions, including HR administration, employee benefits and employer liability management, into a single-source solution, including HR administration, employee benefits and employer liability management.

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