TriNetTNET
About: Trinet Group Inc 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 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
26% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 73
14% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 44
1% more funds holding
Funds holding: 243 [Q4 2024] → 245 (+2) [Q1 2025]
4.13% less ownership
Funds ownership: 96.66% [Q4 2024] → 92.54% (-4.13%) [Q1 2025]
17% less capital invested
Capital invested by funds: $4.35B [Q4 2024] → $3.62B (-$731M) [Q1 2025]
25% less call options, than puts
Call options by funds: $4.07M | Put options by funds: $5.44M
50% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
JP Morgan Tien-Tsin Huang | 0%upside $76 | Underweight Maintained | 28 Apr 2025 |
Financial journalist opinion









