ADP Trading Volume Drops 56.16% to $511 Million, Slips to 176th in Daily Ranking

Generated by AI AgentAinvest Market Brief
Monday, Mar 24, 2025 8:18 pm ET1min read
ADP--

On March 24, 2025, Automatic Data ProcessingADP--, Inc. (ADP) recorded a trading volume of $511 million, marking a 56.16% decrease from the previous day. This placed ADPADP-- at the 176th position in terms of trading volume for the day.

ADP is a leading provider of payroll and human capital management solutions, catering to businesses of all sizes, from small enterprises to global corporations. The company's comprehensive suite of services includes cloud-based human capital management solutions, which are delivered through two main segments: Employer Services and Professional Employer Organization (PEO) Services.

ADP has demonstrated a strong performance over the past six months, with the stock returning 7% while the S&P 500 remained relatively flat. This impressive run has positioned ADP as a notable performer in the market, with the stock currently trading at $296.12.

In terms of dividends, ADP paysPAYS-- an annual dividend of $6.16 per share, resulting in a dividend yield of 2.1%. This consistent dividend payout reflects the company's commitment to returning value to its shareholders.

Recently, an officer of ADP proposed to sell 4.02 million shares of common stock, as disclosed in a Form 144 filing with the SEC. This development could potentially impact the stock's performance, as significant share sales can influence market sentiment and trading volumes.

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