The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. TriNet Group Inc shares valued at $94,607 were sold by Hayward Jeffery Jon on Feb 25 ’25. At $69.36 per share, Hayward Jeffery Jon sold 1,364 shares. The insider’s holdings dropped to 19,867 shares worth approximately $1.45 million following the completion of this transaction.
Also, Chamberlain Paul Edward sold 600 shares, netting a total of over 41,616 in proceeds. Following the sale of shares at $69.36 each, the insider now holds 36,991 shares.
Before that, Hayward Jeffery Jon had added 1,364 shares to its account. In a trade valued at $94,607, the Officer bought TriNet Group Inc shares for $69.36 each.
As published in a research note from TD Cowen on February 18, 2025, TriNet Group Inc [TNET] has been rated down from a Buy to a Hold and the price target has been revised to $74 from $104. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late October. Earlier on November 07, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for TNET stock.
Analyzing TNET Stock Performance
During the last five days, there has been a surge of approximately 4.92%. Over the course of the year, TriNet Group Inc shares have dropped approximately -19.38%. Shares of the company reached a 52-week high of $97.02 on 01/28/25 and a 52-week low of $65.43 on 02/24/25. A 50-day SMA is recorded $87.78, while a 200-day SMA reached $95.59. Nevertheless, trading volume fell to 0.61 million shares from 0.89 million shares the previous day.
Support And Resistance Levels for TriNet Group Inc (TNET)
According to the 24-hour chart, there is a support level at 71.88, which, if violated, would cause prices to drop to 70.58. In the upper region, resistance lies at 74.41. The next price resistance is at 75.64. RSI (Relative Strength Index) is 35.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.65, which suggests the price will decrease in the coming days. Percent R is at 73.36%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
