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Christopher D’Ambrosio, Corporate Vice President at Automatic Data Processing Inc. (NASDAQ:ADP), recently made significant transactions involving the company’s stock. According to a recent SEC filing, D’Ambrosio sold 478 shares of ADP common stock on April 10, 2025, at a price of $293.14 per share. This sale amounted to a total value of $140,120. The transaction occurs as ADP trades near its 52-week high of $322.84, with a current market capitalization of $122.77 billion. According to InvestingPro analysis, ADP currently appears overvalued relative to its Fair Value.
In addition to the sale, D’Ambrosio also exercised stock options, acquiring a total of 598 shares. These acquisitions were made at prices ranging from $146.75 to $169.84 per share, with the total transaction value amounting to $96,369. These transactions were conducted under a Rule 10b5-1 trading plan adopted in September 2024. The company maintains strong fundamentals with a "GOOD" Financial Health score from InvestingPro, which highlights 14+ additional insights about ADP’s valuation and performance metrics in its comprehensive Pro Research Report.
In other recent news, Automatic Data Processing Inc. (ADP) reported its second-quarter fiscal 2025 earnings, showcasing an 8% year-over-year revenue growth and a 10% increase in adjusted earnings per share (EPS), slightly surpassing analysts’ expectations. The company’s revenue reached $5.05 billion, outperforming the anticipated $4.97 billion. ADP’s Employer Services segment recorded record new business bookings, contributing significantly to its overall performance. Despite expected softness in the third quarter due to foreign exchange headwinds, ADP maintained its full-year guidance for consolidated revenue growth of 6-7% and adjusted EPS growth of 7-9%.
Additionally, ADP announced a strategic partnership with Fiserv (NYSE:FI), aiming to integrate Fiserv’s Clover point-of-sale platform with ADP’s Run payroll solution. This collaboration is expected to enhance ADP’s offerings for small businesses. In terms of labor market insights, the ADP National Employment Report indicated that the U.S. private sector added 155,000 jobs in March, with annual pay rising by 4.6% compared to the previous year. The manufacturing sector showed strong job gains, while the natural resources, trade, transportation, and utilities sectors experienced job losses.
The report, based on payroll data from over 25 million employees, highlights trends such as pay growth disparities across industries and firm sizes. Analysts from Jefferies and TD Cowen noted the hiring slowdown in February, attributing it to policy uncertainty and reduced consumer spending. ADP’s strategic initiatives, such as the acquisition of Workforce Software (ETR:SOWGn) and expansion of its product offerings, are seen as positioning the company for continued growth despite some near-term challenges.
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