TriNetTNET
About: TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.
Employees: 5,400
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
118% more call options, than puts
Call options by funds: $9.98M | Put options by funds: $4.58M
14.6% more ownership
Funds ownership: 92.21% [Q3] → 106.8% (+14.6%) [Q4]
6% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 88
0% less capital invested
Capital invested by funds: $4.52B [Q3] → $4.5B (-$17M) [Q4]
8% less funds holding
Funds holding: 262 [Q3] → 241 (-21) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
34% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 50
Research analyst outlook
We haven’t received any recent analyst ratings for TNET.
Financial journalist opinion
Based on 4 articles about TNET published over the past 30 days
