Automatic Data Processing (NYSE:ADP) VP Dermot J. O’brien sold 8,532 shares of the business’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $87.70, for a total transaction of $748,256.40. Following the completion of the sale, the vice president now directly owns 30,445 shares of the company’s stock, valued at approximately $2,670,026.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Automatic Data Processing (NYSE:ADP) traded up 0.1723% during trading on Wednesday, reaching $87.0197. 176,938 shares of the company were exchanged. Automatic Data Processing has a one year low of $64.29 and a one year high of $91.00. The firm’s 50 day moving average price is $87.76 and its 200-day moving average price is $85.78. The stock has a market capitalization of $39.64 billion and a price-to-earnings ratio of 26.0460.
Source: American Banking and Market News