TriNet Ownership
| TNET Stock | USD 106.65 1.20 1.14% |
Shares in Circulation | First Issued 2013-03-31 | Previous Quarter 51 M | Current Value 51 M | Avarage Shares Outstanding 68.3 M | Quarterly Volatility 5.4 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
TriNet |
TriNet Stock Ownership Analysis
About 95.0% of the company shares are owned by institutional investors. The company recorded earning per share (EPS) of 6.17. TriNet Group last dividend was issued on the 28th of March 2024. The entity had 2:1 split on the 1st of July 2013. TriNet Group, Inc. provides human resources solutions, payroll services, employee benefits, and employment risk mitigation services for small and midsize businesses in the United States. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California. Trinet operates under Staffing Employment Services classification in the United States and is traded on New York Stock Exchange. It employs 3500 people. To find out more about TriNet Group contact Burton Goldfield at 510 352 5000 or learn more at https://www.trinet.com.Besides selling stocks to institutional investors, TriNet also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different TriNet's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align TriNet's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
TriNet Quarterly Liabilities And Stockholders Equity |
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TriNet Insider Trades History
Roughly 2.0% of TriNet Group are currently held by insiders. Unlike TriNet's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against TriNet's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of TriNet's insider trades
TriNet Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as TriNet is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TriNet Group backward and forwards among themselves. TriNet's institutional investor refers to the entity that pools money to purchase TriNet's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hhg Plc | 2024-03-31 | 680.5 K | Geode Capital Management, Llc | 2023-12-31 | 666.8 K | Goldman Sachs Group Inc | 2023-12-31 | 460.9 K | Charles Schwab Investment Management Inc | 2024-03-31 | 460.8 K | Fuller & Thaler Asset Management Inc | 2024-03-31 | 417.2 K | Mercer Global Advisors Inc. | 2024-03-31 | 389.8 K | Jacobs Levy Equity Management, Inc. | 2024-03-31 | 375.6 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 306.3 K | Northern Trust Corp | 2023-12-31 | 300.7 K | Atairos Group, Inc | 2024-03-31 | 18.1 M | Mawer Investment Management Ltd | 2024-03-31 | 4.2 M |
TriNet Group Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific TriNet insiders, such as employees or executives, is commonly permitted as long as it does not rely on TriNet's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases TriNet insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
TriNet Outstanding Bonds
TriNet issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. TriNet Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most TriNet bonds can be classified according to their maturity, which is the date when TriNet Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
TriNet Corporate Filings
8K | 5th of June 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 29th of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 11th of April 2024 Other Reports | ViewVerify | |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Pair Trading with TriNet
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TriNet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TriNet will appreciate offsetting losses from the drop in the long position's value.Moving together with TriNet Stock
Moving against TriNet Stock
| 0.95 | EXPO | Exponent | PairCorr |
| 0.87 | VLTO | Veralto | PairCorr |
| 0.68 | ESGL | ESGL Holdings Limited | PairCorr |
| 0.66 | BV | BrightView Holdings Fiscal Year End 21st of November 2024 | PairCorr |
| 0.66 | FA | First Advantage Corp | PairCorr |
The ability to find closely correlated positions to TriNet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TriNet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TriNet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TriNet Group to buy it.
The correlation of TriNet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TriNet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TriNet Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TriNet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for TriNet Stock Analysis
When running TriNet's price analysis, check to measure TriNet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriNet is operating at the current time. Most of TriNet's value examination focuses on studying past and present price action to predict the probability of TriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriNet's price. Additionally, you may evaluate how the addition of TriNet to your portfolios can decrease your overall portfolio volatility.