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.

A number of research analysts have recently commented on TNET shares. BidaskClub cut shares of TriNet Group from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Morgan Stanley boosted their target price on shares of TriNet Group from $31.00 to $32.00 and gave the stock an “underweight” rating in a research report on Friday, November 3rd. Finally, Zacks Investment Research raised shares of TriNet Group from a “sell” rating to a “strong-buy” rating and set a $47.00 target price on the stock in a research report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. TriNet Group has a consensus rating of “Hold” and an average target price of $38.00.

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.

Insider Buying and Selling by Quarter for TriNet Group (NYSE:TNET)

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