VP Magliulo sold 3,578 shares of ADP for $1.0M at $285.50, reducing holdings by 28.1% to 9,140 shares
Magliulo Virginia, Corporate VP, executed a single sale of 3,578 shares at $285.50 on 2025-01-13, reducing her holdings from 12,718 shares to 9,140 shares—a reduction of 28.1% of her pre-transaction position. The transaction was executed 4.7% below the 52-week high of $307.97 and occurs against a backdrop of modest near-term price weakness (−1.2% over 30 days, +0.5% over 90 days). ADP's valuation at a P/E of 31.04 and market cap of $119.5B reflects a mature, well-capitalized firm posting 6.6% annual revenue growth and generating $956.3M in quarterly net income. The sale represents a discrete, material reduction in a senior executive's direct ownership—a pattern that investors should track alongside the broader register of insider activity at the company.