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Jeffery Jon Hayward, the Chief Technology Officer of TriNet Group, Inc. (NYSE:TNET), recently executed a sale of common stock, according to a recent SEC filing. On May 27, Hayward sold 1,437 shares at a price of $82.04 each, amounting to a total transaction value of $117,891. This transaction was conducted under a 10b5-1 trading plan, which Hayward had established in August 2024. TriNet, currently valued at $3.96 billion, trades at a P/E ratio of 24.34. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value model.
Following this sale, Hayward’s direct ownership stands at 32,932 shares. It is important to note that this figure includes shares of unvested restricted stock units but excludes unvested performance-based restricted stock units, which will be reported upon the achievement of specific performance criteria. While this insider sale has occurred, InvestingPro data reveals that management has been actively buying back shares, demonstrating confidence in the company’s prospects. For detailed insider trading patterns and 7 additional exclusive ProTips, subscribers can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, TriNet Group Inc. reported its first-quarter 2025 financial results, showcasing a robust performance that exceeded market expectations. The company announced an adjusted earnings per share (EPS) of $1.99, surpassing the anticipated $1.60. Revenue reached $1.26 billion, reflecting a 1% increase compared to the previous year. TriNet is also exiting its SaaS-only business to concentrate on core HR solutions, a strategic shift that aims to accelerate revenue growth and improve margins by 2026.
Additionally, TriNet has provided a positive outlook for the remainder of 2025, with full-year revenue guidance set between $4.95 billion and $5.14 billion. The company expects adjusted EBITDA margins to range from 7% to 8.5%. Analyst firms have shown interest in TriNet’s strategic direction, although specific upgrades or downgrades were not mentioned in the recent reports. TriNet’s management remains focused on repricing underperforming healthcare books and maintaining stable healthcare utilization trends, as discussed during the earnings call. These developments reflect TriNet’s strategic positioning for future growth amidst economic uncertainties.
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