On May 20, 2024, Alexander Warren, Senior Vice President and Chief Revenue Officer of Trinet Group Inc (TNET, Financial), sold 1,867 shares of the company. The transaction was reported in a recent SEC Filing. Following this transaction, over the past year, the insider has sold a total of 13,694 shares and has not made any purchases.
Trinet Group Inc, a provider of comprehensive human resources solutions for small to midsize businesses, has seen a pattern of insider sales with no insider buys over the past year, totaling 32 insider sells.
On the date of the sale, shares of Trinet Group Inc were priced at $103.74. This pricing gives the company a market cap of approximately $5.398 billion. The price-earnings ratio of the company stands at 17.50, slightly below the industry median of 17.72 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Trinet Group Inc is $117.33 per share, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.88. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
