Team (NYSE:TISI) CEO Acquires $94,076.00 in Stock

Team, Inc. (NYSE:TISIGet Free Report) CEO Gary Hill acquired 5,800 shares of the stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of $16.22 per share, with a total value of $94,076.00. Following the completion of the purchase, the chief executive officer owned 45,437 shares of the company’s stock, valued at approximately $736,988.14. The trade was a 14.63% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Team Trading Up 0.9%

Shares of NYSE:TISI opened at $16.65 on Friday. The company has a market cap of $76.09 million, a price-to-earnings ratio of -2.03 and a beta of 1.09. The company has a 50-day moving average price of $16.17 and a 200-day moving average price of $15.19. Team, Inc. has a 12 month low of $12.34 and a 12 month high of $22.00.

Team (NYSE:TISIGet Free Report) last released its quarterly earnings results on Wednesday, May 13th. The business services provider reported ($2.76) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($5.94) by $3.18. The company had revenue of $215.06 million during the quarter, compared to the consensus estimate of $208.88 million.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Team in a research note on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

View Our Latest Research Report on Team

Key Stories Impacting Team

Here are the key news stories impacting Team this week:

Institutional Investors Weigh In On Team

Hedge funds and other institutional investors have recently bought and sold shares of the business. GSA Capital Partners LLP purchased a new stake in Team in the third quarter worth about $188,000. DRW Securities LLC purchased a new stake in Team in the fourth quarter worth about $168,000. Dimensional Fund Advisors LP grew its holdings in Team by 6.4% in the first quarter. Dimensional Fund Advisors LP now owns 14,952 shares of the business services provider’s stock worth $238,000 after purchasing an additional 893 shares during the period. Susquehanna International Group LLP grew its holdings in Team by 5.1% in the third 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 during the period. Finally, DG Capital Management LLC purchased a new stake in Team in the fourth quarter worth about $913,000. Hedge funds and other institutional investors own 46.57% of the company’s stock.

Team Company Profile

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Team (NYSE:TISI)

Receive News & Ratings for Team Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Team and related companies with MarketBeat.com's FREE daily email newsletter.