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

Automatic Data Processing (NASDAQ:ADP) witnessed a selling pressure and the shares last traded with a loss of -0.37 points or -0.42% at $87.66. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $35.56 million with an inflow of $56.72 million in upticks and an outflow of $21.16 million in downticks. Using the data, the up/down ratio is found to be 2.68. The share price has recorded 0.65% on a weekly basis.A block trade of $38.68 million in uptick and $3.72 million in downtick was also observed, resulting in an up/down ratio of 10.39. The net money flow of the block trade stood at a $34.96, signaling heavy buying.

Shares of Automatic Data Processing, Inc. rose by 0.6% in the last five trading days and 2.98% for the last 4 weeks. Automatic Data Processing, Inc. has dropped 0.56% during the last 3-month period . Year-to-Date the stock performance stands at 4.7%.

Currently the company Insiders own 0.23% of Automatic Data Processing shares according to the proxy statements. Institutional Investors own 79.12% of Automatic Data Processing shares. During last six month period, the net percent change held by insiders has seen a change of -11.05%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that OBrien Dermot J, officer (Corp. VP) of Automatic Data Processing Inc, had unloaded 8,532 shares at an average price of $87.7 in a transaction dated on June 7, 2016. The total value of the transaction was worth $748,256.

Automatic Data Processing (NASDAQ:ADP) witnessed a decline in the market cap on Friday as its shares dropped 0.48% or 0.42 points. After the session commenced at $88.09, the stock reached the higher end at $88.15 while it hit a low of $86.93. With the volume soaring to 2,708,741 shares, the last trade was called at $87.61. The company has a 52-week high of $91. The company has a market cap of $39,909 million and there are 455,534,800 shares in outstanding. The 52-week low of the share price is $64.29.

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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