Tuesday, October 10, 2017 10:15 PM ET
Continued Level of Significant Insider Selling at TriNet Group (TNET)
One insider — Martin Babinec, Director — today, disposed of 36,500 shares of TriNet Group having a market value of approximately $1,274,216, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 93,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 129,500 shares and have averaged 43,167 shares per transaction over this time period.
In relation to the peer group over the last 90 days, insider buy/sell trading at TriNet Group is greater than the 7-company peer group average. Outsourcing & Staffing Services peer group saw 4 buy/sell trades during this period for an average of 0.6 transactions per company. The number of shares per buy/sell trade for TriNet Group insiders was also higher. Within the peer group there were 7,169 shares purchased and 93,000 shares sold with company insiders disposing of 21,458 shares on average.
The data sourced in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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