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Trinet Group Inc
TriNet Group (TNET) is a publicly traded professional employer organization (PEO) based in the United States. The company provides human resources solutions to small and medium-sized businesses, including payroll processing, employee benefits, risk management, and compliance services.
TriNet's stock is listed on the New York Stock Exchange (NYSE) and is a component of several major indices, including the S&P 600 and the Russell 2000. As of February 2023, the company has a market capitalization of approximately $6 billion and employs over 3,000 people.
TriNet's services are designed to help its clients manage their human resources functions so they can focus on growing their businesses. The company offers a range of benefits, including health insurance, retirement savings plans, and other perks, which can be challenging for small and medium-sized businesses to provide on their own.
TriNet has been publicly traded since 2014, when it completed an initial public offering (IPO) of its common stock at a price of $16 per share. Since then, the company's stock price has fluctuated significantly, reflecting the ups and downs of the broader market and the company's financial performance.
Overall, TriNet is a well-established player in the PEO industry, serving thousands of clients across a range of industries. The company has a proven track record of delivering value to its customers and shareholders, making it a leading choice for businesses looking for comprehensive HR solutions.