Conservative commentator Charlie Kirk shot and killed at Utah event
Black Maria, President and CEO of Automatic Data Processing Inc (NASDAQ:ADP), sold 23,234 shares of common stock on September 3, 2025. The sales were executed at prices ranging from $295.9144 to $299.9789, resulting in a total transaction value of $7,041,744. The transaction comes as ADP, a $119.8 billion market cap company, trades at 29.5 times earnings. According to InvestingPro analysis, the stock is currently trading above its Fair Value.
Following the transactions, Black Maria directly owns 76,161.1585 shares of Automatic Data Processing Inc.
The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted in September 2024.
In other recent news, Automatic Data Processing Inc. (ADP) reported its fourth-quarter earnings for fiscal year 2025, exceeding analysts’ expectations. The company posted an earnings per share (EPS) of $2.26, surpassing the forecasted $2.23, while revenue reached $5.13 billion, beating the anticipated $5.04 billion. Additionally, Stifel raised its price target for ADP from $305 to $318, citing strong margins and a fourth-quarter performance that met the high end of its annual guidance range. ADP also announced a regular quarterly dividend of $1.54 per share, payable on October 1, 2025, to shareholders recorded by September 12, 2025. Despite these positive financial results, ADP’s stock saw a 3.11% decline in pre-market trading, influenced by broader market conditions. In terms of employment, the U.S. private sector added 54,000 jobs in August, marking a slowdown compared to previous months, with pay growth remaining steady. These developments reflect the current state of ADP amid varying economic factors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.