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Automatic data processing EVP Michaud sells $234k in stock
Automatic Data Processing (NASDAQ:ADP) Executive Vice President Brian L. Michaud sold 1,000 shares of common stock for $234,180 on February 6, 2026, under a pre-arranged trading plan. This transaction occurred amidst ADP’s fiscal Q2 2026 earnings surpassing analyst expectations, though Stifel lowered its price target for ADP to $270. Additionally, the ADP National Employment Report indicated a slowdown in U.S. private sector job creation in January.