Trinet Group Reaches Analyst Target Price Monday, May 15, 7:51 AM ET, by Market News Video Staff In recent trading, shares of Trinet Group Inc. (TNET) have crossed above the average analyst ...
Notable Monday Option Activity: HZO, TNET, INTU Monday, June 5, 3:43 PM ET, by Market News Video Staff Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
Trinet Group Larger Than S&P 500 Component Comerica Tuesday, June 27, 4:39 PM ET, by Market News Video Staff In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Trinet ...
Noteworthy Wednesday Option Activity: TNET, CMBM, SPR Wednesday, August 2, 3:17 PM ET, by Market News Video Staff Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on May 4, Trinet Group Inc.'s Director, Ralph A. Clark, invested $47,388.00 into 600 shares of TNET, for a cost per share of $78.98. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.
In trading on Tuesday, bargain hunters could buy shares of Trinet Group Inc. (NYSE:TNET) and achieve a cost basis 1.9% cheaper than Clark, with shares changing hands as low as $77.47 per share. Trinet Group Inc. shares are currently trading down about 2.5% on the day. The chart below shows the one year performance of TNET shares, versus its 200 day moving average:
Looking at the chart above, TNET's low point in its 52 week range is $42.28 per share, with $87.60 as the 52 week high point — that compares with a last trade of $77.47. By comparison, below is a table showing the prices at which TNET insider buying was recorded over the last six months:
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