News

AUTOMATIC DATA PROCESSING ($ADP) is expected to release its quarterly earnings data on Wednesday, April 30th before market open, per Finnhub. Analysts are expecting revenue of $5,545,662,125 and earnings of $3.00 per share.

You can see Quiver Quantitative's $ADP stock page to track data on insider trading, hedge fund activity, congressional trading, and more.

AUTOMATIC DATA PROCESSING Insider Trading Activity

AUTOMATIC DATA PROCESSING insiders have traded $ADP stock on the open market 30 times in the past 6 months. Of those trades, 0 have been purchases and 30 have been sales.

Here’s a breakdown of recent trading of $ADP stock by insiders over the last 6 months:

• SREENIVASA KUTAM (Corp VP) has made 0 purchases and 6 sales selling 38,975 shares for an estimated $11,692,500.
• MICHAEL A BONARTI (Corporate Vice President) sold 30,131 shares for an estimated $9,138,732
• JOHN AYALA (Corp. VP) has made 0 purchases and 2 sales selling 10,720 shares for an estimated $3,116,625.
• DON MCGUIRE (Corp VP) has made 0 purchases and 2 sales selling 8,664 shares for an estimated $2,545,743.
• JOSEPH DESILVA (Corp VP) has made 0 purchases and 2 sales selling 6,516 shares for an estimated $1,914,596.
• VIRGINIA MAGLIULO (Corp VP) has made 0 purchases and 2 sales selling 5,643 shares for an estimated $1,618,613.
• JONATHAN S LEHBERGER (Corp. VP) has made 0 purchases and 3 sales selling 4,803 shares for an estimated $1,433,273.
• DAVID KWON (Corp VP) has made 0 purchases and 4 sales selling 3,262 shares for an estimated $953,919.
• DAVID FOSKETT (Corp. VP) has made 0 purchases and 2 sales selling 2,071 shares for an estimated $595,764.
• CHRISTOPHER D'AMBROSIO (Corp. VP) has made 0 purchases and 3 sales selling 1,422 shares for an estimated $430,134.
• MARIA BLACK (President & CEO) has made 0 purchases and 2 sales selling 721 shares for an estimated $210,233.
• BRIAN L. MICHAUD (Corp VP) sold 362 shares for an estimated $106,366

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

AUTOMATIC DATA PROCESSING Hedge Fund Activity

We have seen 917 institutional investors add shares of AUTOMATIC DATA PROCESSING stock to their portfolio, and 999 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• ACCREDITED INVESTORS INC. removed 2,264,271 shares (-97.8%) from their portfolio in Q4 2024, for an estimated $662,820,049
• WINSLOW CAPITAL MANAGEMENT, LLC added 1,355,222 shares (+inf%) to their portfolio in Q4 2024, for an estimated $396,714,136
• VERITAS ASSET MANAGEMENT LLP removed 1,320,267 shares (-98.0%) from their portfolio in Q4 2024, for an estimated $386,481,758
• CAPITAL RESEARCH GLOBAL INVESTORS added 1,299,390 shares (+26.9%) to their portfolio in Q4 2024, for an estimated $380,370,434
• BANK OF AMERICA CORP /DE/ added 1,283,339 shares (+28.8%) to their portfolio in Q4 2024, for an estimated $375,671,825
• CITADEL ADVISORS LLC added 1,192,609 shares (+1556.8%) to their portfolio in Q4 2024, for an estimated $349,112,432
• PROFICIO CAPITAL PARTNERS LLC added 1,087,814 shares (+41710.7%) to their portfolio in Q4 2024, for an estimated $318,435,792

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

AUTOMATIC DATA PROCESSING Price Targets

Multiple analysts have issued price targets for $ADP recently. We have seen 2 analysts offer price targets for $ADP in the last 6 months, with a median target of $310.0.

Here are some recent targets:

• Samad Samana from Jefferies set a target price of $305.0 on 01/29/2025
• Ashish Sabadra from RBC Capital set a target price of $315.0 on 10/31/2024

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

This article was originally published on Quiver News, read the full story.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.