Insider Buying: Team (NYSE:TISI) CFO Buys $206,010.00 in Stock

Team, Inc. (NYSE:TISI) CFO Clinton William Roeder bought 9,000 shares of the business’s stock in a transaction on Friday, August 21st. The stock was purchased at an average cost of $22.89 per share, for a total transaction of $206,010.00. Following the transaction, the chief financial officer owned 9,000 shares of the company’s stock, valued at $206,010. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Team Stock Up 3.2%

NYSE:TISI opened at $23.74 on Friday. Team, Inc. has a 52 week low of $12.34 and a 52 week high of $24.64. The stock’s fifty day moving average is $18.48 and its two-hundred day moving average is $16.77. The stock has a market capitalization of $108.80 million, a price-to-earnings ratio of -2.52 and a beta of 1.04.

Team (NYSE:TISI) last issued its quarterly earnings data on Monday, August 10th. The business services provider reported ($1.73) earnings per share for the quarter, beating analysts’ consensus estimates of ($5.94) by $4.21. The firm had revenue of $228.68 million during the quarter, compared to analyst estimates of $208.88 million.

Team News Summary

Here are the key news stories impacting Team this week:

• Positive Sentiment: Team director Anthony Horton purchased 2,000 shares at an average price of $22.90, representing an investment of approximately $45,800 and increasing his direct ownership by 7.67%. Insider purchases can bolster investor confidence because they indicate that a company director is willing to commit personal capital after the recent rally. Team director stock purchase article
• Positive Sentiment: Team’s latest quarterly results provided additional support: the company reported a loss of $1.73 per share, substantially better than the $5.94 analyst consensus, while revenue of $228.68 million exceeded estimates of $208.88 million. The earnings beat may reinforce expectations that the turnaround is progressing.
• Neutral Sentiment: Shares are trading well above their 50-day and 200-day moving averages and close to the 52-week high of $24.64. This demonstrates strong momentum, but the elevated valuation relative to recent trading levels may make the stock more sensitive to disappointing news.
• Negative Sentiment: Team continues to report losses, and management has acknowledged difficult operating conditions while implementing a turnaround plan. Investors remain focused on execution, cash flow and the company’s ability to achieve sustainable profitability. MarketBeat also cited a “sell” consensus, underscoring the skepticism that remains despite the recent momentum.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Team in a research note on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Institutional Trading of Team

Several hedge funds have recently added to or reduced their stakes in TISI. DRW Securities LLC purchased a new position in Team in the fourth quarter worth approximately $168,000. Dimensional Fund Advisors LP increased its position in shares of Team by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,952 shares of the business services provider’s stock valued at $238,000 after purchasing an additional 893 shares during the last quarter. Susquehanna International Group LLP raised its holdings in shares of Team by 5.1% in the 3rd quarter. Susquehanna International Group LLP now owns 17,263 shares of the business services provider’s stock valued at $286,000 after purchasing an additional 834 shares in the last quarter. DG Capital Management LLC purchased a new stake in shares of Team during the 4th quarter worth $913,000. Finally, Manatuck Hill Partners LLC grew its stake in shares of Team by 16.1% during the second quarter. Manatuck Hill Partners LLC now owns 72,075 shares of the business services provider’s stock worth $1,312,000 after purchasing an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 46.57% of the company’s stock.

Team Company Profile

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.