TriNet Group Inc (TNET) Director Sells $1,593,955.00 in Stock
TriNet Group Inc (NYSE:TNET) Director Martin Babinec sold 36,500 shares of the business’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $43.67, for a total transaction of $1,593,955.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Martin Babinec also recently made the following trade(s):
- On Monday, January 8th, Martin Babinec sold 36,500 shares of TriNet Group stock. The stock was sold at an average price of $43.53, for a total transaction of $1,588,845.00.
- On Wednesday, December 6th, Martin Babinec sold 36,500 shares of TriNet Group stock. The stock was sold at an average price of $44.21, for a total transaction of $1,613,665.00.
Shares of TriNet Group Inc (TNET) opened at $39.80 on Friday. The stock has a market cap of $2,934.36, a price-to-earnings ratio of 21.06 and a beta of 2.78. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 3.00. TriNet Group Inc has a twelve month low of $24.47 and a twelve month high of $45.25.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Suntrust Banks Inc. acquired a new stake in TriNet Group in the fourth quarter valued at $218,000. Intrust Bank NA acquired a new stake in TriNet Group in the fourth quarter valued at $231,000. Sei Investments Co. raised its holdings in TriNet Group by 112.0% in the third quarter. Sei Investments Co. now owns 7,913 shares of the business services provider’s stock valued at $266,000 after acquiring an additional 4,181 shares in the last quarter. ARP Americas LLC acquired a new stake in TriNet Group in the third quarter valued at $286,000. Finally, Caxton Associates LP acquired a new stake in TriNet Group in the third quarter valued at $387,000. 58.01% of the stock is currently owned by hedge funds and other institutional investors.
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TriNet Group Company Profile
TriNet Group, Inc is a provider of human resources (HR) solutions for small to medium-sized businesses (SMBs). The Company’s HR solutions include services, such as multi-state payroll processing and tax administration, employee benefits programs, including health insurance and retirement plans, workers’ compensation insurance and claims management, employment and benefit law compliance, and other services.
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