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Corporate Vice President of Automatic Data Processing (NASDAQ:ADP), David Foskett, sold 1,373 shares of common stock on September 3, 2025, according to a Form 4 filing with the Securities and Exchange Commission. ADP, a prominent player in Professional Services with a market capitalization of $119.8 billion, currently trades near its 52-week high with notably low price volatility according to InvestingPro data. The shares were sold at a price of $296.57, for a total transaction value of $407,190.
Following the transaction, Foskett directly owns 11,780.624 shares of Automatic Data Processing.
The sale was 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, and achieved a revenue of $5.13 billion, which was higher than the anticipated $5.04 billion. Stifel raised its price target for ADP to $318 from $305, maintaining a Hold rating, citing strong margins and a 6% organic constant currency revenue growth that hit the high end of the company’s annual guidance. Additionally, ADP announced a regular quarterly dividend of $1.54 per share, payable on October 1, 2025, to shareholders of record as of September 12, 2025. These developments come amid a broader economic context where the U.S. private sector added 54,000 jobs in August, according to the ADP National Employment Report. The job growth marked a significant slowdown from previous months, with pay growth remaining steady for job-stayers and increasing for job-changers.
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