Key Points
- Insider sale: SVP Sidney Majalya sold 775 shares on April 1 at an average of $37.02 for $28,690.50, reducing his stake by 1.37% to 55,750 shares; the trade was executed under a pre-arranged Rule 10b5-1 plan.
- Capital returns boosted: TriNet's board approved a $400 million buyback (up to 18.4% of shares) and raised the quarterly dividend to $0.29 (annualized $1.16, ~3.1% yield), signaling a focus on returning cash to shareholders.
- Mixed financials and outlook: TriNet beat quarterly EPS ($0.46 vs. $0.37) despite a 2.3% YoY revenue decline to $1.25 billion, set FY2026 EPS guidance of 3.700–4.700, and currently carries a consensus analyst rating of "Reduce" with a $65.80 price target.
TriNet Group, Inc. (NYSE:TNET - Get Free Report) SVP Sidney Majalya sold 775 shares of TriNet Group stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $37.02, for a total transaction of $28,690.50. Following the transaction, the senior vice president owned 55,750 shares in the company, valued at $2,063,865. The trade was a 1.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
TriNet Group Stock Performance
TriNet Group stock opened at $37.90 on Friday. The firm has a market capitalization of $1.79 billion, a PE ratio of 11.99 and a beta of 0.87. TriNet Group, Inc. has a one year low of $33.60 and a one year high of $88.56. The stock's 50 day moving average price is $42.77 and its 200 day moving average price is $54.50. The company has a debt-to-equity ratio of 16.57, a quick ratio of 1.09 and a current ratio of 1.09.
TriNet Group (NYSE:TNET - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.09. TriNet Group had a net margin of 3.09% and a return on equity of 215.01%. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $251.57 million. During the same quarter last year, the company earned $0.44 earnings per share. TriNet Group's revenue for the quarter was down 2.3% on a year-over-year basis. TriNet Group has set its FY 2026 guidance at 3.700-4.700 EPS. As a group, sell-side analysts expect that TriNet Group, Inc. will post 3.04 EPS for the current fiscal year.
TriNet Group announced that its board has initiated a stock buyback program on Thursday, February 12th that permits the company to buyback $400.00 million in outstanding shares. This buyback authorization permits the business services provider to buy up to 18.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its stock is undervalued.
TriNet Group Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Wednesday, April 1st will be paid a dividend of $0.29 per share. This is a positive change from TriNet Group's previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.16 annualized dividend and a yield of 3.1%. TriNet Group's payout ratio is presently 36.71%.
Analysts Set New Price Targets
A number of equities analysts have weighed in on TNET shares. Weiss Ratings reissued a "sell (d+)" rating on shares of TriNet Group in a research report on Wednesday, January 21st. Zacks Research cut TriNet Group from a "hold" rating to a "strong sell" rating in a research note on Thursday, February 19th. Truist Financial started coverage on TriNet Group in a report on Friday, December 5th. They issued a "hold" rating and a $62.00 price target for the company. TD Cowen lowered their price objective on TriNet Group from $65.00 to $64.00 and set a "hold" rating for the company in a research note on Thursday, January 8th. Finally, Stifel Nicolaus dropped their price objective on TriNet Group from $97.00 to $75.00 and set a "buy" rating on the stock in a report on Friday, February 13th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, TriNet Group presently has an average rating of "Reduce" and a consensus price target of $65.80.
Get Our Latest Stock Analysis on TNET
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Boston Partners acquired a new stake in shares of TriNet Group during the 3rd quarter valued at approximately $97,712,000. Northwestern Mutual Wealth Management Co. boosted its holdings in TriNet Group by 5,911,158.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 709,351 shares of the business services provider's stock worth $41,944,000 after purchasing an additional 709,339 shares during the period. Norges Bank acquired a new position in TriNet Group in the fourth quarter worth $28,266,000. Millennium Management LLC increased its stake in TriNet Group by 1,047.5% during the fourth quarter. Millennium Management LLC now owns 468,030 shares of the business services provider's stock valued at $27,675,000 after purchasing an additional 427,242 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in TriNet Group by 19.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,353,004 shares of the business services provider's stock valued at $157,392,000 after purchasing an additional 387,940 shares during the last quarter. Institutional investors and hedge funds own 96.81% of the company's stock.
About TriNet Group
(
Get Free Report)
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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