Insider Selling: TriNet Group (NYSE:TNET) SVP Sells $74,546.40 in Stock

Key Points

• TriNet Group SVP Anthony Shea Treadway sold 1,068 shares for $74,546.40 under a pre-arranged Rule 10b5-1 trading plan, reducing his direct ownership by 1.6% to 65,506 shares.
• TNET shares rose 2.5% to $70.45, near the company’s 12-month high of $73.07. TriNet exceeded quarterly EPS expectations, reporting $1.55 versus the $0.93 consensus estimate, while revenue matched forecasts at $1.18 billion.
• Analyst sentiment remains cautious, with one Buy, four Hold, and two Sell ratings; the stock has an average “Reduce” rating and a $56.80 price target. TriNet also pays a quarterly dividend of $0.29 per share, yielding approximately 1.6% annually.

TriNet Group, Inc. (NYSE:TNET - Get Free Report) SVP Anthony Shea Treadway sold 1,068 shares of the company's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $69.80, for a total transaction of $74,546.40. Following the completion of the transaction, the senior vice president directly owned 65,506 shares of the company's stock, valued at approximately $4,572,318.80. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TriNet Group Stock Up 2.5%

Shares of TNET traded up $1.75 during midday trading on Friday, hitting $70.45. The stock had a trading volume of 355,086 shares, compared to its average volume of 461,876. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of 18.84 and a beta of 0.95. The company has a 50 day simple moving average of $58.86 and a two-hundred day simple moving average of $47.56. TriNet Group, Inc. has a twelve month low of $33.60 and a twelve month high of $73.07. The company has a debt-to-equity ratio of 7.17, a current ratio of 1.13 and a quick ratio of 1.13.

TriNet Group (NYSE:TNET - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.62. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. TriNet Group had a return on equity of 227.28% and a net margin of 3.58%.During the same period last year, the company earned $1.15 earnings per share. TriNet Group has set its FY 2026 guidance at 4.500-5.100 EPS. On average, analysts anticipate that TriNet Group, Inc. will post 3.87 EPS for the current year.

TriNet Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.29 per share. The ex-dividend date was Wednesday, July 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.6%. TriNet Group's dividend payout ratio is currently 31.02%.

Institutional Investors Weigh In On TriNet Group

A number of hedge funds and other institutional investors have recently made changes to their positions in TNET. Caitong International Asset Management Co. Ltd increased its stake in TriNet Group by 160.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 479 shares of the business services provider's stock worth $28,000 after acquiring an additional 295 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in TriNet Group in the fourth quarter valued at about $28,000. Quarry LP lifted its position in TriNet Group by 524.7% during the third quarter. Quarry LP now owns 456 shares of the business services provider's stock worth $31,000 after purchasing an additional 383 shares during the period. Essential Partners LLC grew its stake in TriNet Group by 427.4% during the first quarter. Essential Partners LLC now owns 944 shares of the business services provider's stock worth $34,000 after buying an additional 765 shares in the last quarter. Finally, Cache Advisors LLC bought a new position in TriNet Group in the 1st quarter valued at about $36,000. 96.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on TNET shares. Truist Financial boosted their target price on TriNet Group from $50.00 to $62.00 and gave the stock a "hold" rating in a report on Wednesday, July 22nd. TD Cowen lifted their target price on shares of TriNet Group from $46.00 to $49.00 and gave the stock a "hold" rating in a report on Friday, June 26th. UBS Group cut their price objective on shares of TriNet Group from $62.00 to $48.00 and set a "neutral" rating for the company in a research report on Tuesday, May 5th. JPMorgan Chase & Co. lifted their price target on TriNet Group from $45.00 to $50.00 and gave the stock an "underweight" rating in a report on Friday, July 31st. Finally, Weiss Ratings downgraded TriNet Group from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, TriNet Group currently has an average rating of "Reduce" and an average price target of $56.80.

TriNet Group Company Profile

TriNet Group, Inc is a leading professional employer organization (PEO) that offers integrated human capital management solutions to small and medium-size businesses. Through a bundled suite of services, TriNet manages payroll administration, employee benefits, workers' compensation, risk mitigation and federal and state compliance. Its cloud-based platform provides clients with centralized access to HR tools, analytics and streamlined workforce management capabilities.

Founded in 1988 and headquartered in Dublin, California, TriNet has grown to support thousands of organizations across the United States.

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