TriNet Group, Inc. (NYSE:TNET) is scheduled to announce its earnings results after the market closes on Monday, July 31st. Analysts expect the company to announce earnings of $0.27 per share for the quarter.

Shares of TriNet Group, Inc. (NYSE TNET) opened at 32.95 on Monday. The stock’s 50 day moving average is $32.34 and its 200-day moving average is $29.10. TriNet Group, Inc. has a 52 week low of $17.78 and a 52 week high of $34.00. The firm has a market cap of $2.26 billion, a PE ratio of 30.01 and a beta of 2.93.

TNET has been the subject of several analyst reports. Deutsche Bank AG cut TriNet Group from a “buy” rating to a “hold” rating and set a $30.00 price target for the company. in a research note on Wednesday, April 19th. Zacks Investment Research cut TriNet Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. BidaskClub upgraded TriNet Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 30th. Stifel Nicolaus upped their price target on TriNet Group from $34.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, May 3rd. Finally, TheStreet upgraded TriNet Group from a “c” rating to a “b” rating in a research note on Monday, March 27th. Six equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. TriNet Group currently has an average rating of “Hold” and a consensus target price of $26.86.

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In related news, VP Edward Griese sold 4,175 shares of the company’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $30.95, for a total transaction of $129,216.25. Following the transaction, the vice president now owns 2,254 shares of the company’s stock, valued at $69,761.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Burton M. Goldfield sold 42,839 shares of the company’s stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $30.99, for a total value of $1,327,580.61. Following the transaction, the chief executive officer now directly owns 18,801 shares in the company, valued at approximately $582,642.99. The disclosure for this sale can be found here. Insiders have sold 336,996 shares of company stock worth $10,765,081 in the last ninety days. 42.40% of the stock is currently owned by corporate insiders.

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.

Earnings History for TriNet Group (NYSE:TNET)

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