TNET TRINET GROUP, INC.
XNYS
63.70
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
TNET
$63.70
—
Key stats
$63.70
- 52-Week Range
- $33.60 – $76.59
- YTD
- +11.42%
- IV Rank (30D)
- 23.39
- Straddle Price
- $6.20
- P/C Vol Ratio
- 0.04
- Market Cap
- $3.2B
- Open
- $71.86
- Day Range
- $59.81 – $71.86
- Volume
- 716,871
- Prev Close
- $70.41
Fair Value
MODEL: SHORT
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.99% |
| Beta vs SPY | 0.92 |
| Cost of Equity (CAPM) | 9.57% (VRP-adj) |
| WACC | 8.61% |
| Volatility Risk Premium | +32.0pp (IV − HV30) |
| Effective Tax Rate | 29.4% |
| Rev. Growth (YoY, DCF input) | -4.0% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $0.3B |
| Return on Equity (TTM) | 140.0% |
| Book / Price | 4.1% |
| Gross Margin (TTM) | 94.2% |
| FCF Margin (TTM) | 6.0% |
| Debt / Equity | 7.17 |
| Quality Score | 3/6 — normal (10y DCF) |
| Market-Implied Growth | -2.6% (reverse-DCF on current price) |
| SMA 50 | $67.80 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $68.42 |
| Bollinger Width / SMA20 | 34.3% (drives anchor stability) |
| Net Debt | $0.5B |
| Market Cap | $3B |
Peers used for multiples: AEIS, AVT, CVLT, DGII, MOG.A, QLYS, RHP, SANM
60-Day Conviction
48%
20-Day Fair Value
≈ by Nov 30, 2026
$63.23
α -0.7%
rank 99%
conviction
49%
40-Day Fair Value
≈ by Dec 29, 2026
$63.38
α -0.5%
rank 99%
conviction
17%
60-Day Fair Value
≈ by Jan 27, 2027
$62.81
α -1.4%
rank 99%
conviction
48%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $57.33 | 34% | |
| DDM (Gordon) | $8.08 | 0% | |
| Peer P/E | $133.56 | 15% | median 35.5× · 8 peers |
| Peer EV/EBITDA | $164.20 | 15% | median 22.8× · 8 peers |
| Peer P/B | $15.16 | 3% | median 5.8× · 8 peers |
| Peer P/S | $411.06 | 10% | median 4.0× · 8 peers |
| Market Anchor (SMA50) | $67.80 | 0% | stability 0% (BB-width) |
| Options Expected (B-L 30d) | $64.13 | 22% | 13 strikes · skew +0.42 |
As of 2026-10-30 · updated
Related
About
- Industry (SIC)
- SERVICES-BUSINESS SERVICES, NEC (7389) · industry map
- Exchange
- XNYS
- Market Cap
- $3.2B
- Employees
- 3,400
- List Date
- 2014-03-27
- CIK
- 0000937098
- Headquarters
- Dublin, CA
- Homepage
- https://www.trinet.com
Trinet Group Inc provides human resources solutions for small and medium-sized businesses through technology-enabled services. Its offerings include human capital expertise, employee benefits such as health insurance and retirement plans, payroll and payroll tax administration, risk mitigation, and compliance consulting. The company provides its services through professional employer organization (PEO) services delivered via a co-employment model, as well as administrative services organization (ASO) offerings. The majority of the company's revenue is derived from the insurance-related billing…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -6.47% | -11.65% | 8.75% | -3.53% | 4.35% | 7.12% | -0.24% |
| Feb | 5.12% | 1.83% | 9.85% | 11.34% | -20.16% | -39.16% | -5.20% |
| Mar | -6.89% | 13.91% | -2.41% | 3.83% | 8.85% | -3.11% | 2.36% |
| Apr | -0.87% | -10.64% | 15.57% | -24.20% | -1.34% | 27.34% | 0.98% |
| May | -5.23% | -11.10% | -3.67% | 2.18% | 5.64% | 2.72% | -1.58% |
| Jun | -3.35% | -1.41% | 3.66% | -4.58% | -11.07% | 1.17% | -2.60% |
| Jul | 14.09% | 6.04% | 9.61% | 5.20% | -9.82% | 23.81% | 8.15% |
| Aug | 10.06% | -0.04% | 6.04% | 0.70% | 14.41% | -0.27% | 5.15% |
| Sep | 2.05% | -13.74% | 4.97% | -2.72% | -6.08% | -6.57% | -3.68% |
| Oct | 4.88% | -12.12% | -11.37% | -12.03% | -8.33% | -1.79%* | -6.79% |
| Nov | -1.21% | 11.75% | 14.08% | 11.19% | -2.37% | -- | 6.69% |
| Dec | 0.42% | -5.73% | 0.63% | -3.71% | 1.70% | -- | -1.34% |
| Total | 10.82% | -32.06% | 67.01% | -20.00% | -25.87% | -5.33% | -0.90% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $68.42
SMA 50: $67.80
SMA 200: $53.41
Current: $63.70
EMA 12: $69.88
EMA 26: $68.74
MACD: 1.1424 | Signal: -0.2211
BULLISH
ADX (14): 25.58
TREND
+DI: 21.12
−DI: 37.53
Momentum Oscillators
RSI (14): 39.44
NEUTRAL
Stoch %K: 43.93
Stoch %D: 63.89
Williams %R: -76.82
Volume & Volatility
BB Upper: $76.44
BB Lower: $60.40
NEUTRAL
OBV: -5,347,851
Vol SMA 20: 343,187
Vol ROC: 69.82%
ATR: $3.20
True Range: $12.05
HV 20: 54.9%
HV 30: 47.1%
HV 60: 42.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-31T00:00:00 – 2026-10-29T00:00:00
AI Analysis
LLM Stock Analysis Report
SYMBOL: TNET
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers:
- Technical indicators suggest a neutral trend, with RSI indicating a neutral signal.
- MACD signals are bullish, indicating momentum.
Primary Risks:
- Recent earnings miss and mixed news sentiment may impact investor confidence.
- Options market shows a medium-high volatility level, increasing risk.
Investment Thesis: TNET's recent price action is driven by mixed technical and fundamental factors. The stock's trend appears neutral, with no clear directional bias. The options market suggests moderate-to-high volatility, making it essential to monitor the stock's movement closely.
Recent News Sentiment Impact: The recent news headlines are generally positive (3 out of 6 articles), which may have contributed to the stock's modest price increase. However, the earnings miss in Q1 and mixed sentiment from analysts may dampen investor enthusiasm.
Technical Analysis
Trend Direction:
- Short-term: Neutral
- Medium-term: Uptrend (SMA 50 above SMA 200)
- Long-term: Downtrend (SMA 200 below SMA 20)
Support/Resistance Levels:
- Resistance: $45.19 (Bollinger Bands Upper)
- Support: $39.49 (Bollinger Bands Lower), $42.34 (SMA 20)
Momentum Signals:
- RSI: Neutral (58.10%)
- MACD: Bullish (Signal Line: 0.03, Histogram: 0.63)
- Bollinger Bands: Neutral (Price touching middle band)
Volume Analysis: Volume has been moderate, with no clear trends or patterns emerging.
News & Sentiment Analysis
Recent Headlines Summary: The news headlines are generally positive, with three articles highlighting company achievements and awards.
Sentiment Assessment: Positive sentiment dominates the recent news headlines (3 out of 6), which may have contributed to the stock's modest price increase.
Catalyst Identification: No immediate catalysts identified, but upcoming earnings reports and product launches could impact investor confidence.
Market Narrative: The news sentiment aligns with the neutral technical signals, indicating a lack of clear direction in the short term.
Risk & Volatility Assessment
Beta Interpretation: TNET has a low beta (0.66) compared to the S&P 500, indicating lower risk relative to the broader market.
Volatility Regime: The current volatility level is moderate-to-high (HV20: 49.3%, HV30: 45.6%).
Options Market Signals: IV Rank: Medium (54.4%), indicating relatively high volatility. Put/Call Volume Ratio: 0.70, suggesting bullish sentiment.
Downside Protection: Support levels are present at $42.34 and $39.49, but the stock's recent price action suggests a higher risk of breakouts or continued range trading.
Market Context & Positioning
Sector Performance: TNET is outperforming its sector peers in the short term.
Institutional Activity: Volume patterns suggest moderate institutional interest.
Correlation Analysis: The stock has a relatively low correlation with the broader market (R-squared: 0.18), indicating lower risk relative to the market.
Relative Valuation: The stock is trading within a range, suggesting a relatively neutral valuation.
Key Levels & Action Items
Critical Price Levels:
- Support: $42.34 and $39.49
- Resistance: $45.19
Breakout/Breakdown Levels:
- Breakout above $45.19 could indicate a potential uptrend.
- Breakdown below $39.49 could signal a potential downtrend.
Time-Sensitive Catalysts: Upcoming earnings reports and product launches could impact investor confidence.
Risk Management: Monitor the stock's price action and adjust position sizes accordingly based on market conditions.
By analyzing the data, I believe TNET is trading within a neutral range, with mixed technical and fundamental signals. The options market suggests moderate-to-high volatility, making it essential to monitor the stock's movement closely. Investors should consider positioning themselves for potential breakouts or continued range trading while keeping an eye out for upcoming catalysts that could impact investor confidence.
Generated
News
All TNET news →
AI tools drove 60% case resolution as worksite employees declined 11%.
Earnings History
16 of 20 under expected move
Avg Expected Move
9.18%
Avg Actual Move
4.94%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-04-26 | Pre-Market | 3.32% | 1.67% | 0.50x | Within |
| 2021-07-26 | Pre-Market | 9.55% | 0.16% | 0.02x | Within |
| 2021-10-25 | Pre-Market | 6.93% | 0.07% | 0.01x | Within |
| 2022-02-14 | Pre-Market | 6.07% | 0.50% | 0.08x | Within |
| 2022-04-26 | Pre-Market | 11.66% | 1.63% | 0.14x | Within |
| 2023-04-26 | Pre-Market | 4.88% | 0.00% | 0.00x | Within |
| 2023-07-26 | Pre-Market | 8.18% | 0.90% | 0.11x | Within |
| 2023-10-25 | Pre-Market | 7.93% | 3.55% | 0.45x | Within |
| 2024-02-15 | Pre-Market | 7.16% | 3.70% | 0.52x | Within |
| 2024-04-26 | Pre-Market | 7.60% | 16.61% | 2.19x | Exceeded |
| 2024-07-26 | Pre-Market | 8.27% | 1.97% | 0.24x | Within |
| 2024-10-25 | Pre-Market | 10.72% | 12.35% | 1.15x | Exceeded |
| 2025-02-13 | Pre-Market | 11.61% | 14.81% | 1.28x | Exceeded |
| 2025-04-25 | Pre-Market | 9.67% | 0.37% | 0.04x | Within |
| 2025-07-25 | Pre-Market | 11.79% | 4.73% | 0.40x | Within |
| 2025-10-29 | Pre-Market | 11.95% | 6.60% | 0.55x | Within |
| 2026-02-12 | Pre-Market | 9.83% | 10.85% | 1.10x | Exceeded |
| 2026-04-30 | Pre-Market | 13.48% | 6.84% | 0.51x | Within |
| 2026-07-30 | Pre-Market | 11.36% | 2.05% | 0.18x | Within |
| 2026-10-29 | Pre-Market | 11.58% | 9.53% | 0.82x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
TNET Options Activity & IV Rank
TNET IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 48.2%
7-DTE IV: —
Expected Move: $6.20
7-DTE Move: $6.20
Days to Exp: 22 (2026-11-20)
Options Flow
Call Volume: 255
Put Volume: 11
P/C Volume: 0.043
BULLISH
Call OI: 539
Put OI: 3
P/C OI: 0.006
Total OI: 542
ATM Options Pricing
ATM Call: $2.65
ATM Put: $3.55
Call %: 4.2%
Put %: 5.6%
Chain Summary
Chain Volume: 557
Chain OI: 1,317
Last Updated: 10/29/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 78th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
78%
vs own history
GEX tilt
+1.00
OI-weighted, today
Vanna tilt
-0.44
δ-sensitivity to IV
Charm tilt
+0.33
δ-decay vs time
Vanna tilt -0.44: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt +0.33: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 4 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 29 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 29 · No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)23.4LowOct 29
Straddle Price (30 DTE)$6.20Oct 29
Beta Analysis
Risk Metrics
Beta: 0.0773
Alpha: 19.86%
Correlation: 0.0198
R-Squared: 0.0%
Stock Volatility: 49.6%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own TNET
5 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Point72 Hedge fund Steve Cohen | $40.9M | #381 of 1945 | +43.7% | 13F | |
| Citadel Hedge fund Ken Griffin | $7.8M | #1764 of 6285 | +10.6% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $7.3M | #1228 of 3138 | -34.6% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $793K | #1845 of 4729 | +6.0% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $486K | #924 of 997 | new | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
TNET Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 47,500,000 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
5 filers$2.22M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $940.31K | 42.41% | 2026-06-30 |
| 2 | D. E. Shaw & Co., Inc. Custodian | $692.86K | 31.25% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $425.61K | 19.20% | 2026-06-30 |
| 4 | WOLVERINE ASSET MANAGEMENT LLC | $148.47K | 6.70% | 2026-06-30 |
| 5 | Simplex Trading, LLC Custodian | $9.90K | 0.45% | 2026-06-30 |
3 filers$1.54M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $1.34M | 87.14% | 2026-06-30 |
| 2 | WOLVERINE ASSET MANAGEMENT LLC | $193.01K | 12.54% | 2026-06-30 |
| 3 | Simplex Trading, LLC Custodian | $4.95K | 0.32% | 2026-06-30 |
TNET Insider Trading (Form 4)
Latest: 2026-08-31Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-08-31 | Paul Edward Chamberlain | Director | Sell (S) | −2,400 | $69.70 | -$167.3K | EDGAR |
| 2026-08-24 | Sidney A. Majalya | SVP, CLO and Secretary | Sell (S) | −775 | $68.53 | -$53.1K | EDGAR |
| 2026-08-21 | Anthony Shea Treadway | SVP, Chief Revenue Officer | Sell (S) | −1,068 | $69.80 | -$74.5K | EDGAR |
| 2026-08-18 | Timothy N Nimmer | SVP, Insurance Services & Ops | Tax (F) | −877 | $68.75 | -$60.3K | EDGAR |
| 2026-08-18 | Jeffery Jon Hayward | EVP, Chief Svcs & Tech Officer | Tax (F) | −1,267 | $68.75 | -$87.1K | EDGAR |
| 2026-08-18 | Anthony Shea Treadway | SVP, Chief Revenue Officer | Tax (F) | −1,104 | $68.75 | -$75.9K | EDGAR |
| 2026-08-18 | Mala Murthy | EVP, Chief Financial Officer | Tax (F) | −1,166 | $68.75 | -$80.2K | EDGAR |
| 2026-08-18 | Michael Q Simonds | PRESIDENT & CEO | Tax (F) | −5,799 | $68.75 | -$398.7K | EDGAR |
| 2026-08-18 | Sidney A. Majalya | SVP, CLO and Secretary | Tax (F) | −1,069 | $68.75 | -$73.5K | EDGAR |
| 2026-08-18 | Jayaraman Venkataramani | EVP Strat, Prdts & Transf | Tax (F) | −1,605 | $68.75 | -$110.3K | EDGAR |
| 2026-08-06 | Wayne B Lowell | Director | Sell (S) | −5,773 | $68.71 | -$396.7K | EDGAR |
| 2026-08-06 | Wayne B Lowell | Director | Sell (S) | −5,773 | $68.71 | -$396.7K | EDGAR |
| 2026-06-05 | Janet H Kennedy | Director | Gift (G) | — | — | EDGAR | |
| 2026-06-01 | Brian C Evanko | Director | Award (A) | +4,735 | — | EDGAR | |
| 2026-06-01 | Ralph A. Clark | Director | Award (A) | +4,735 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
TNET Insider Holdings
20 insiders · @ $63.70
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Atairos Partners GP, Inc. | Director | 3,169,354 | $201.89M | $110.31M | 5 | 2026-06-01 |
| 2 | Michael Q Simonds | PRESIDENT & CEO | 278,212 | $17.72M | $993.4K | 14 | 2026-08-18 |
| 3 | Mala Murthy | EVP, Chief Financial Officer | 120,456 | $7.67M | $0 | 4 | 2026-08-18 |
| 4 | Jayaraman Venkataramani | EVP Strat, Prdts & Transf | 99,610 | $6.35M | $0 | 27 | 2026-08-18 |
| 5 | Wayne B Lowell | Director | 91,184 | $5.81M | -$11.47M | 37 | 2026-08-06 |
| 6 | Kelly L Tuminelli | EVP & CHIEF FINANCIAL OFFICER | 84,935 | $5.41M | -$1.50M | 34 | 2025-11-18 |
| 7 | Jeffery Jon Hayward | EVP, Chief Svcs & Tech Officer | 72,625 | $4.63M | -$1.50M | 23 | 2026-08-18 |
| 8 | Anthony Shea Treadway | SVP, Chief Revenue Officer | 65,506 | $4.17M | -$331.1K | 15 | 2026-08-21 |
| 9 | Timothy N Nimmer | SVP, Insurance Services & Ops | 64,695 | $4.12M | $0 | 13 | 2026-08-18 |
| 10 | Sidney A. Majalya | SVP, CLO and Secretary | 53,212 | $3.39M | -$275.7K | 18 | 2026-08-24 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
TNET Board & Officers
As of SEC filings through Aug 31, 2026Directors 19
- David C Hodgson · since Mar 21, 2014
- Wayne B Lowell · since Mar 21, 2014
- Paul Edward Chamberlain · since Dec 15, 2015
- Agi-T, L.p. (entity) · since Feb 1, 2017
- Michael J Angelakis · since Feb 1, 2017
- Jacqueline B Kosecoff · since Jan 15, 2020
- Maria Contreras-Sweet · since Nov 19, 2020
- Ralph A. Clark · since Mar 16, 2021
- Myrna Soto · since May 27, 2021
- A-A Sma Gp, LLC (entity) · listed since Mar 2023
- A-A Sma, L.p. (entity) · listed since Mar 2023
- A-T Holdings GP, LLC (entity) · listed since Mar 2023
- Atairos Group, Inc. (entity) · listed since Mar 2023
- Atairos Partners GP, Inc. (entity) · listed since Mar 2023
- Atairos Partners, L.P. (entity) · listed since Mar 2023
- Michael Q Simonds · since Feb 16, 2024
- Brian C Evanko · since Jul 8, 2024
- Janet H Kennedy · since Sep 30, 2025
- Madhu Ranganathan · since Sep 30, 2025
Officers 7
- Michael Q Simonds · President & CEO · since Feb 16, 2024
- Mala Murthy · EVP, Chief Financial Officer · since Nov 28, 2025
- Anthony Shea Treadway · SVP, Chief Revenue Officer · since Aug 5, 2024
- Jeffery Jon Hayward · EVP, Chief Svcs & Tech Officer · listed since Mar 2026
- Sidney A. Majalya · SVP, CLO and Secretary · since Sep 16, 2024
- Jayaraman Venkataramani · EVP Strat, Prdts & Transf · listed since Jan 2025
- Timothy N Nimmer · SVP, Insurance Services & Ops · listed since Jul 2024
10% owners 8
- A-A Sma Gp, LLC (entity) · since Feb 1, 2017
- A-A Sma, L.p. (entity) · since Feb 1, 2017
- A-T Holdings GP, LLC (entity) · since Feb 1, 2017
- Agi-T, L.p. (entity) · since Feb 1, 2017
- Atairos Group, Inc. (entity) · since Feb 1, 2017
- Atairos Partners GP, Inc. (entity) · since Feb 1, 2017
- Atairos Partners, L.P. (entity) · since Feb 1, 2017
- Michael J Angelakis · since Feb 1, 2017
Changes in the last 10 years (62)
| Mar 24, 2026 | Jeffery Jon Hayward listed as EVP, Chief Svcs & Tech Officer (previously Chief Technology Officer) in SEC filings |
| Nov 28, 2025 | Mala Murthy became EVP, Chief Financial Officer |
| Oct 23, 2025 | The company announced the departure of Kelly L Tuminelli as EVP & Chief Financial Officer in an SEC filing |
| Sep 30, 2025 | Madhu Ranganathan became a director |
| Sep 30, 2025 | Janet H Kennedy became a director |
| Jan 3, 2025 | Jayaraman Venkataramani listed as EVP Strat, Prdts & Transf (previously EVP, Chief Digital & Innov Off) in SEC filings |
| Sep 16, 2024 | Sidney A. Majalya became SVP, CLO and Secretary |
| Sep 16, 2024 | Jeffery Jon Hayward became Chief Technology Officer |
| Sep 4, 2024 | The company announced the departure of Samantha Wellington as EVP, CLO and SECRETARY in an SEC filing |
| Aug 5, 2024 | Anthony Shea Treadway became SVP, Chief Revenue Officer |
| Jul 17, 2024 | Timothy N Nimmer listed as SVP, Insurance Services & Ops (previously Senior Vice President, Insurance Services and Operations) in SEC filings |
| Jul 8, 2024 | Brian C Evanko became a director |
| Jun 24, 2024 | Timothy N Nimmer became Senior Vice President, Insurance Services and Operations |
| Jun 4, 2024 | The company announced the departure of Alexander G. Warren as SVP, Chief Revenue Officer in an SEC filing |
| Feb 20, 2024 | Burton M. Goldfield reported in an SEC filing no longer being a director |
| Feb 20, 2024 | Burton M. Goldfield reported in an SEC filing no longer being PRESIDENT, CEO and DIRECTOR |
| Feb 16, 2024 | Michael Q Simonds became a director |
| Feb 16, 2024 | Michael Q Simonds became President & CEO |
| May 17, 2023 | Jayaraman Venkataramani listed as EVP, Chief Digital & Innov Off (previously Chief Digital & Innov Officer) in SEC filings |
| Mar 27, 2023 | Atairos Partners, L.P. first listed as a director in an SEC filing |
| Mar 27, 2023 | Atairos Partners GP, Inc. first listed as a director in an SEC filing |
| Mar 27, 2023 | Atairos Group, Inc. first listed as a director in an SEC filing |
| Mar 27, 2023 | A-T Holdings GP, LLC first listed as a director in an SEC filing |
| Mar 27, 2023 | A-A Sma, L.p. first listed as a director in an SEC filing |
| Mar 27, 2023 | A-A Sma Gp, LLC first listed as a director in an SEC filing |
| Dec 13, 2022 | Alexander G. Warren became SVP, Chief Revenue Officer |
| Jul 22, 2022 | Katherine August-deWilde reported in an SEC filing no longer being a director |
| Jun 30, 2022 | Jayaraman Venkataramani became Chief Digital & Innov Officer |
| May 17, 2022 | Samantha Wellington listed as EVP, CLO and SECRETARY (previously SVP, CLO and SECRETARY) in SEC filings |
| May 10, 2022 | The company announced the departure of H Raymond Bingham from the board in an SEC filing |
| Mar 28, 2022 | The company announced the departure of Olivier Kohler as EVP & Chief Operating Officer in an SEC filing |
| Mar 24, 2022 | Jonathan D. Lee became Principal Accounting Officer |
| Mar 23, 2022 | The company announced the departure of Martin Babinec from the board in an SEC filing |
| Dec 31, 2021 | The company announced the departure of Edward Griese as SVP of INSURANCE SERVICES in an SEC filing |
| May 27, 2021 | Myrna Soto became a director |
| Mar 16, 2021 | Ralph A. Clark became a director |
| Nov 19, 2020 | Maria Contreras-Sweet became a director |
| Oct 26, 2020 | Kelly L Tuminelli became EVP & Chief Financial Officer |
| May 19, 2020 | Richard J Beckert reported in an SEC filing no longer being SVP, Chief Financial Officer |
| May 19, 2020 | Olivier Kohler listed as EVP & Chief Operating Officer (previously SVP, Chief Operating Officer) in SEC filings |
| May 19, 2020 | Michael P Murphy listed as Vice President & Interim CFO (previously Principal Accounting Officer) in SEC filings |
| May 19, 2020 | Edward Griese listed as SVP of INSURANCE SERVICES (previously Sr. VP, Insurance Services) in SEC filings |
| Jan 15, 2020 | Shawn M Guertin became a director |
| Jan 15, 2020 | Jacqueline B Kosecoff became a director |
| Mar 20, 2019 | Olivier Kohler became SVP, Chief Operating Officer |
| Nov 19, 2018 | Samantha Wellington became SVP, CLO and SECRETARY |
| Nov 19, 2018 | Brady Mickelsen reported in an SEC filing no longer being SVP, CLO & Secretary |
| Oct 23, 2017 | Barrett Boston became SVP, Chief Revenue Officer |
| Jun 15, 2017 | John H Kispert reported in an SEC filing no longer being a director |
| May 3, 2017 | Richard J Beckert became SVP, Chief Financial Officer |
| May 3, 2017 | Michael P Murphy became Principal Accounting Officer |
| Feb 7, 2017 | David C Hodgson no longer listed as a 10% owner in SEC filings |
| Feb 1, 2017 | Michael J Angelakis became a director |
| Feb 1, 2017 | Michael J Angelakis became a 10% owner |
| Feb 1, 2017 | Atairos Partners, L.P. became a 10% owner |
| Feb 1, 2017 | Atairos Partners GP, Inc. became a 10% owner |
| Feb 1, 2017 | Atairos Group, Inc. became a 10% owner |
| Feb 1, 2017 | Agi-T, L.p. became a director |
| Feb 1, 2017 | Agi-T, L.p. became a 10% owner |
| Feb 1, 2017 | A-T Holdings GP, LLC became a 10% owner |
| Feb 1, 2017 | A-A Sma, L.p. became a 10% owner |
| Feb 1, 2017 | A-A Sma Gp, LLC became a 10% owner |
Not reported recently (7)
- Jonathan D. Lee · Last reported as Principal Accounting Officer in an SEC filing dated Aug 22, 2022
- Shawn M Guertin · Last reported as a director in an SEC filing dated Mar 26, 2021
- Barrett Boston · Last reported as SVP, Chief Revenue Officer in an SEC filing dated Nov 17, 2020
- Michael P Murphy · Last reported as Vice President & Interim CFO in an SEC filing dated Sep 10, 2020
- Kenneth A Goldman · Last reported as a director in an SEC filing dated May 5, 2020
- William Porter · Last reported as Chief Financial Officer in an SEC filing dated Apr 7, 2017
- John W Turner · Last reported as SR. VP of SALES in an SEC filing dated Mar 13, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
TNET Proposed Insider Sales (Form 144)
Latest: 2026-08-27
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
4 filings
· $692K notice value
· 4 unique filers
· 50% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
LOWELL WAYNE B (1, $397K) · PAUL EDWARD CHAMBERLAIN (1, $167K) · Treadway Anthony Shea (1, $75K) · Majalya Sidney A. (1, $53K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-27 | PAUL EDWARD CHAMBERLAIN | Director | 2,400 | $167.3K | 2026-08-27 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-08-20 | Majalya Sidney A. | Officer | 775 | $53.1K | 2026-08-20 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-08-19 | Treadway Anthony Shea | Officer | 1,068 | $74.5K | 2026-08-19 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-08-04 | LOWELL WAYNE B | Director | 5,773 | $396.7K | 2026-08-04 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-05-19 | Treadway Anthony Shea | Officer | 933 | $40.5K | 2026-05-19 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-04-01 | Majalya Sidney A. | Officer | 775 | $28.7K | 2026-04-01 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-02-18 | Treadway Anthony Shea | Officer | 487 | $20.4K | 2026-02-18 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-01-09 | Majalya Sidney A. | Officer | 775 | $47.9K | 2026-01-09 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2025-11-25 | Hayward Jeffery Jon | Officer | 1,437 | $82.6K | 2025-11-25 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2025-11-20 | Hayward Jeffery Jon | Officer | 127 | $7.0K | 2025-11-20 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
87 ETFs hold TNET
25 shown · $337.23M total exposure · 0.05% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $50.2M | — | 2026-09-30 |
| 2 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.07% | $50.1M | $77.1B | 2026-10-28 |
| 3 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.02% | $35.6M | — | 2026-09-30 |
| 4 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.07% | $23.7M | — | 2026-10-28 |
| 5 | VBR Vanguard Morningstar Small-Cap Value ETF | Vanguard | 0.04% | $23.1M | — | 2026-09-30 |
| 6 | VXF Vanguard Extended Market ETF | Vanguard | 0.02% | $19.4M | — | 2026-09-30 |
| 7 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.13% | $18.5M | $14.3B | 2026-10-28 |
| 8 | JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF | Janus | 1.48% | $15.5M | $1.1B | 2026-10-28 |
| 9 | CALF Pacer US Small Cap Cash Cows 100 ETF | Nport | 0.37% | $13.6M | — | 2026-07-31 |
| 10 | FESM Fidelity Enhanced Small Cap Core ETF | Fidelity | 0.15% | $10.4M | $6.8B | 2026-10-28 |
| 11 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.06% | $10.2M | — | 2026-09-30 |
| 12 | FNDA Schwab Fundamental U.S. Small Company ETF | Nport | 0.09% | $8.0M | — | 2026-05-31 |
| 13 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.01% | $7.9M | — | 2026-10-28 |
| 14 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.01% | $7.0M | — | 2026-09-30 |
| 15 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.09% | $6.8M | — | 2026-10-28 |
| 16 | JSML Janus Henderson Small Cap Growth Alpha ETF | Janus | 1.78% | $6.6M | $377.8M | 2026-10-28 |
| 17 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.03% | $6.5M | — | 2026-05-31 |
| 18 | DES WisdomTree U.S. SmallCap Dividend Fund | Nport | 0.21% | $4.5M | — | 2026-06-30 |
| 19 | PSC Principal U.S. Small-Cap ETF | Nport | 0.18% | $4.2M | — | 2026-06-30 |
| 20 | DUSG Dimensional US Small Cap Growth ETF | Dimensional | 0.16% | $3.1M | — | 2026-10-28 |
| 21 | DCOR Dimensional US Core Equity 1 ETF | Dimensional | 0.01% | $2.6M | — | 2026-10-28 |
| 22 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $2.6M | $97.2B | 2026-10-28 |
| 23 | AVSC Avantis U.S. Small Cap Equity ETF | Avantis | 0.08% | $2.4M | $3.2B | 2026-10-28 |
| 24 | VIS Vanguard Industrials ETF | Vanguard | 0.03% | $2.2M | — | 2026-09-30 |
| 25 | DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund | Nport | 0.54% | $2.2M | — | 2026-06-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
16.94
TTM Diluted EPS
$3.76
TTM Revenue
$4.83B
TTM Net Income
$175.00M
TTM Op. Cash Flow
$370.00M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $1.17B | $53.00M | $1.15 | $88.00M |
| Q1 '26 | 2026-03-31 | $1.21B | $89.00M | $1.90 | $149.00M |
| Q4 '25 | 2025-12-31 | $1.23B | $-1.00M | $0.01 | $61.00M |
| Q3 '25 | 2025-09-30 | $1.22B | $34.00M | $0.70 | $72.00M |
| Q2 '25 | 2025-06-30 | $1.22B | $37.00M | $0.77 | $75.00M |
| Q1 '25 | 2025-03-31 | $1.27B | $85.00M | $1.71 | $95.00M |
| Q4 '24 | 2024-12-31 | $1.26B | $-23.00M | $-0.44 | $65.00M |
| Q3 '24 | 2024-09-30 | $1.24B | $45.00M | $0.89 | $84.00M |
| Q2 '24 | 2024-06-30 | $1.23B | $60.00M | $1.20 | $39.00M |
| Q1 '24 | 2024-03-31 | $1.26B | $91.00M | $1.78 | $91.00M |
| Q4 '23 | 2023-12-31 | $1.25B | $67.00M | $1.36 | $582.00M |
| Q3 '23 | 2023-09-30 | $1.22B | $94.00M | $1.63 | $-110.00M |
Q2 2026 • period ending 2026-06-30 • filed 2026-07-30
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
16.94
P/B
24.21
P/S
0.63
EV/EBITDA
9.74
EV/Sales
0.74
ROE
140.0%
ROA
5.2%
Div Yield
1.61%
FCF Yield
12.23%
Debt/Equity
7.17
Current Ratio
—
Market Cap
$3.03B
as of 2026-10-29
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
1.86M
SI % of Float
6.80%
Days to Cover
5.85
Short Vol Ratio
41.7%
Free Float
27.34M
Float %
59.6%
Short interest 2026-09-30 • Short volume 2026-10-29 • Float 2026-09-22