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

Automatic Data Processing (ADP) : Automatic Data Processing (ADP) had a healthy money flow of $1.13 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $27.2 million, whereas, investors only sold shares worth $26.07 million on downticks. The stock closed the day with an up-down ratio of 1.04.The money flow in the block trades to the tune of $-1.55 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $2.5 million worth of transactions were on upticks. A paltry $4.05 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 0.62. Automatic Data Processing (ADP) stock slid $0.35 intraday and traded at 94.8, a change of -0.36% over previous days close. However, for the week, the company shares are 0.34% compared to previous weeks close.


The company Insiders own 0.23% of Automatic Data Processing shares according to the proxy statements. Institutional Investors own 79.14% of Automatic Data Processing shares. During last six month period, the net percent change held by insiders has seen a change of -11.88%. In an insider trading activity, The Securities and Exchange Commission has divulged that Albinson Brock, officer (Corp. VP) of Automatic Data Processing Inc, had unloaded 378 shares at an average price of $92 in a transaction dated on July 1, 2016. The total value of the transaction was worth $34,776.

Shares of Automatic Data Processing, Inc. rose by 1.61% in the last five trading days and 8.86% for the last 4 weeks. Automatic Data Processing, Inc. is up 5.86% in the last 3-month period. Year-to-Date the stock performance stands at 13.3%.

Automatic Data Processing (NASDAQ:ADP): On Tuesdays trading session , Opening price of the stock was $95.58 with an intraday high of $95.73. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $94.75. However, the stock managed to close at $94.81, a loss of 0.35% for the day. On the previous day, the stock had closed at $95.14. The total traded volume of the day was 2,265,507 shares.

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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