TriNet Group Inc’s filing revealed that its Chief Technology Officer Hayward Jeffery Jon unloaded Company’s shares for reported $0.7 million on Jan 13 ’25. In the deal valued at $89.57 per share,7,784 shares were sold. As a result of this transaction, Hayward Jeffery Jon now holds 21,769 shares worth roughly $1.45 million.
Then, Hayward Jeffery Jon bought 7,784 shares, generating $697,194 in total proceeds.
Before that, Hayward Jeffery Jon sold 2,345 shares. TriNet Group Inc shares valued at $218,155 were divested by the Chief Technology Officer at a price of $93.03 per share. As a result of the transaction, Hayward Jeffery Jon now holds 34,606 shares, worth roughly $2.3 million.
TD Cowen downgraded its TriNet Group Inc [TNET] rating to a Hold from a a Buy in a research note published on February 18, 2025; the price target was decreased to $74 from $104. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Hold”. UBS started covering the stock on November 07, 2023. It rated TNET as “a Neutral”.
Price Performance Review of TNET
On Friday, TriNet Group Inc [NYSE:TNET] saw its stock fall -4.65% to $66.51. Over the last five days, the stock has lost -15.26%. TriNet Group Inc shares have fallen nearly -26.73% since the year began. Nevertheless, the stocks have fallen -46.03% over the past one year. While a 52-week high of $134.67 was reached on 01/28/25, a 52-week low of $68.18 was recorded on 02/21/25. SMA at 50 days reached $89.61, while 200 days put it at $96.23.
Levels Of Support And Resistance For TNET Stock
The 24-hour chart illustrates a support level at 65.12, which if violated will result in even more drops to 63.74. On the upside, there is a resistance level at 68.89. A further resistance level may holdings at 71.28. The Relative Strength Index (RSI) on the 14-day chart is 20.58, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -13.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.63%. Stochastics %K at 4.84% indicates the stock is a buying.
