Team, Inc. (NYSE:TISI – Get Free Report) Director Anthony Horton purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was purchased at an average price of $22.71 per share, with a total value of $45,420.00. Following the transaction, the director owned 24,082 shares of the company’s stock, valued at approximately $546,902.22. This represents a 9.06% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Team Stock Down 0.1%
Shares of Team stock traded down $0.03 on Friday, hitting $22.77. The company’s stock had a trading volume of 6,581 shares, compared to its average volume of 9,853. The company has a market capitalization of $104.29 million, a P/E ratio of -2.42 and a beta of 1.04. Team, Inc. has a 52-week low of $12.34 and a 52-week high of $24.44. The firm has a fifty day moving average price of $17.86 and a 200-day moving average price of $16.45.
Team (NYSE:TISI – Get Free Report) last posted its earnings results on Monday, August 10th. The business services provider reported ($1.73) earnings per share for the quarter, beating the consensus estimate of ($5.94) by $4.21. The business had revenue of $228.68 million for the quarter, compared to analysts’ expectations of $208.88 million.
More Team News
- Positive Sentiment: Director Evan Lederman bought 500 shares at an average price of $23.00, investing $11,500 and increasing his direct ownership by 7.6% to 7,078 shares. The open-market purchase may signal confidence in Team’s valuation or recovery prospects. SEC insider transaction filing
- Positive Sentiment: Team’s latest quarterly results were better than expected. The company reported a loss of $1.73 per share versus the anticipated $5.94 loss, while revenue of $228.68 million exceeded estimates of $208.88 million. The earnings beat provides evidence of improved execution, although it has not yet translated into profitability.
- Neutral Sentiment: Team shares remain well above their 50-day and 200-day moving averages and near the upper end of their 12-month range. This indicates strong recent momentum but also leaves the stock vulnerable to profit-taking if investors do not see sustained operational improvement.
- Negative Sentiment: The company remains unprofitable, with a negative price-to-earnings ratio, and its latest quarterly loss was still substantial. Weiss Ratings reaffirmed a “sell” rating, while MarketBeat reports an overall average rating of “Sell,” limiting investor enthusiasm despite the earnings beat and insider buying.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Team in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Team presently has an average rating of “Sell”.
Read Our Latest Report on TISI
Institutional Trading of Team
Institutional investors and hedge funds have recently made changes to their positions in the company. Susquehanna International Group LLP increased its position in Team by 5.1% during the 3rd quarter. Susquehanna International Group LLP now owns 17,263 shares of the business services provider’s stock worth $286,000 after purchasing an additional 834 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Team by 6.4% during the first quarter. Dimensional Fund Advisors LP now owns 14,952 shares of the business services provider’s stock worth $238,000 after buying an additional 893 shares during the period. Vanguard Group Inc. increased its position in shares of Team by 1.7% in the third quarter. Vanguard Group Inc. now owns 162,570 shares of the business services provider’s stock worth $2,695,000 after acquiring an additional 2,667 shares in the last quarter. Manatuck Hill Partners LLC raised its stake in shares of Team by 16.1% in the 2nd quarter. Manatuck Hill Partners LLC now owns 72,075 shares of the business services provider’s stock valued at $1,312,000 after acquiring an additional 10,000 shares during the period. Finally, Barclays PLC raised its stake in shares of Team by 3.5% in the 3rd quarter. Barclays PLC now owns 299,528 shares of the business services provider’s stock valued at $4,966,000 after acquiring an additional 10,014 shares during the period. 46.57% of the stock is currently owned by institutional investors and hedge funds.
About Team
Team, Inc (NYSE:TISI) designs, engineers and manufactures industrial screen printing and digital printing equipment for a variety of end markets. The company’s solutions are used primarily in textile decorating, apparel, signage and graphics, and specialty industrial applications. By combining precision mechanical design with automated controls, Team delivers systems that enhance production speed, print quality and repeatability for its customers.
Team’s product portfolio includes manual and automatic screen presses, inkjet UV LED curing systems, digital direct-to-garment printers and hybrid platforms that integrate multiple printing technologies.
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