Insider Trade: Automatic Data Processing, Inc. (ADP)’s Corporate Vice President Jan Siegmund Sold 48,989 shares; Transglobe Energy Ord (TGA) Shorts Raised By 87.85%

Jan Siegmund, the well informed woman, who’s a Corporate Vice President of Automatic Data Processing Inc unloaded almost 48,989 shares of the corporation valued around $5,681,868 U.S Dollars which is calculated based on a stock price of 116.0 U.S Dollars for every share. Having been a very substantial stock sell at Automatic Data Processing Inc, the probability that it stays ignored for long was obviously very low. Jan Siegmund currently owns 58,236 shares which are around 0.01% of the New Jersey-Company’s market capitalization. Jan completed this trade on 03-01-2018. The report is freely accessible here at the Security and Exchange Commission website.

Transglobe Energy Corporation Ord (NASDAQ:TGA) had an increase of 87.85% in short interest. TGA’s SI was 160,800 shares in January as released by FINRA. Its up 87.85% from 85,600 shares previously. With 45,100 avg volume, 4 days are for Transglobe Energy Corporation Ord (NASDAQ:TGA)’s short sellers to cover TGA’s short positions. The SI to Transglobe Energy Corporation Ord’s float is 0.23%. The stock decreased 0.69% or $0.01 during the last trading session, reaching $1.43. About 42,236 shares traded. TransGlobe Energy Corporation (NASDAQ:TGA) has declined 11.88% since January 4, 2017 and is downtrending. It has underperformed by 28.58% the S&P500.

TransGlobe Energy Corporation, through its subsidiaries, explores for, develops, and produces natural gas and crude oil liquids in Egypt and Canada. The company has market cap of $103.25 million. It holds working interests in West Gharib, West Bakr, North West Gharib, South West Gharib, South East Gharib, South Ghazalat, South Alamein, and North West Sitra production sharing contracts. It currently has negative earnings.

Among 2 analysts covering Transglobe Energy (NASDAQ:TGA), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Transglobe Energy had 2 analyst reports since January 14, 2016 according to SRatingsIntel. The rating was downgraded by Raymond James to “Mkt Perform” on Monday, February 13. The company was downgraded on Thursday, January 14 by IBC.

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide. The company has market cap of $52.59 billion. The firm operates through two divisions, Employer Services and Professional Employer Organization Services. It has a 30.07 P/E ratio. The Employer Services segment offers various human resources (HR) business process outsourcing and technology-enabled human capital management solutions to clients.

Since September 1, 2017, it had 0 insider buys, and 6 sales for $2.00 million activity. Perrotti Thomas J sold $318,688 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Friday, September 1. On Friday, September 1 Albinson Brock sold $390,267 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) or 3,663 shares. $67,290 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) was sold by Black Maria on Friday, September 1. Ayala John also sold $729,738 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares. On Friday, September 1 O’Brien Dermot J sold $437,011 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) or 4,098 shares. On Friday, September 1 the insider Sackman Stuart sold $55,346.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data has $130 highest and $76 lowest target. $104.69’s average target is -11.71% below currents $118.57 stock price. Automatic Data had 49 analyst reports since August 3, 2015 according to SRatingsIntel. Barclays Capital downgraded the stock to “Equal-Weight” rating in Tuesday, July 18 report. As per Tuesday, May 3, the company rating was maintained by Argus Research. BMO Capital Markets maintained it with “Hold” rating and $112.0 target in Friday, October 13 report. The firm has “Hold” rating by Stifel Nicolaus given on Monday, August 28. The stock has “Neutral” rating by Wedbush on Friday, September 9. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Underweight” rating by Morgan Stanley on Thursday, August 3. The firm earned “Hold” rating on Wednesday, September 13 by RBC Capital Markets. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Buy” rating given on Friday, December 16 by Goldman Sachs. On Thursday, October 29 the stock rating was maintained by Topeka Capital Markets with “Sell”. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Hold” rating given on Tuesday, July 11 by BMO Capital Markets.

The stock increased 1.13% or $1.32 during the last trading session, reaching $118.57. About 662,619 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since January 4, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.