Team (NYSE:TISI) Director Acquires $45,800.00 in Stock

Team, Inc. (NYSE:TISI) Director Anthony Horton purchased 2,000 shares of the company’s stock in a transaction on Monday, August 24th. The stock was purchased at an average price of $22.90 per share, with a total value of $45,800.00. Following the completion of the transaction, the director owned 28,082 shares of the company’s stock, valued at approximately $643,077.80. This trade represents a 7.67% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Team Price Performance

Shares of NYSE TISI opened at $23.74 on Friday. The stock has a market cap of $108.80 million, a PE ratio of -2.52 and a beta of 1.04. Team, Inc. has a 1 year low of $12.34 and a 1 year high of $24.64. The firm has a fifty day moving average price of $18.48 and a 200-day moving average price of $16.77.

Team (NYSE:TISI) last released its earnings results 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 for the quarter, compared to analysts’ expectations 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.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Team

Institutional investors and hedge funds have recently modified their holdings of the stock. DRW Securities LLC purchased a new position in shares of Team in the fourth quarter worth $168,000. Dimensional Fund Advisors LP boosted its position in shares of 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 acquiring an additional 893 shares during the last quarter. Susquehanna International Group LLP grew its stake in Team by 5.1% during the third quarter. Susquehanna International Group LLP now owns 17,263 shares of the business services provider’s stock valued at $286,000 after acquiring an additional 834 shares in the last quarter. DG Capital Management LLC purchased a new position in Team during the fourth quarter valued at $913,000. Finally, Manatuck Hill Partners LLC increased its holdings in 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 last quarter. Institutional investors 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.