Automatic Data Processing, Inc. (ADP) At $117.19 Forms Top; Madison Covered Call & Equity Strategy Fund (MCN) Has 0.87 Sentiment

Automatic Data Processing, Inc. (ADP) formed multiple top with $126.57 target or 8.00% above today’s $117.19 share price. Automatic Data Processing, Inc. (ADP) has $51.97 billion valuation. The stock decreased 0.10% or $0.12 during the last trading session, reaching $117.19. About 1.02M shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since January 2, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

The stock increased 0.52% or $0.04 during the last trading session, reaching $7.72. About 102,321 shares traded or 55.67% up from the average. Madison Covered Call & Equity S (MCN) has risen 6.33% since January 2, 2017 and is uptrending. It has underperformed by 10.37% the S&P500.

Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $5,271 activity.

Shaker Financial Services Llc holds 1.87% of its portfolio in Madison Covered Call & Equity S for 450,717 shares. Karpus Management Inc. owns 2.09 million shares or 0.85% of their US portfolio. Moreover, Punch & Associates Investment Management Inc. has 0.71% invested in the company for 1.02 million shares. The Colorado-based Icon Advisers Inc Co has invested 0.27% in the stock. Oarsman Capital Inc., a Wisconsin-based fund reported 60,432 shares.

Since September 1, 2017, it had 0 buys, and 6 insider sales for $2.00 million activity. Black Maria also sold $67,290 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Friday, September 1. Albinson Brock also sold $390,267 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Friday, September 1. On Friday, September 1 Perrotti Thomas J sold $318,688 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) or 2,991 shares. Ayala John sold $729,738 worth of stock. 519 shares valued at $55,346 were sold by Sackman Stuart on Friday, September 1. O’Brien Dermot J also sold $437,011 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Friday, September 1.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on February, 7. They expect $0.89 earnings per share, up 2.30% or $0.02 from last year’s $0.87 per share. ADP’s profit will be $394.71M for 32.92 P/E if the $0.89 EPS becomes a reality. After $0.91 actual earnings per share reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -2.20% negative EPS growth.