Team (NYSE:TISI) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Team, Inc. (NYSE:TISI)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $15.83 and traded as high as $17.89. Team shares last traded at $17.65, with a volume of 2,365 shares changing hands.

Key Headlines Impacting Team

Here are the key news stories impacting Team this week:

• Neutral Sentiment: Varyence announced an AI-operations product intended to reduce administrative workloads, but Varyence is unrelated to Team, Inc. and the announcement has no apparent impact on TISI. Varyence Launches AI Ops, Giving Teams Back 5 to 25 Hours a Week
• Neutral Sentiment: Articles about AI spending, SaaS demand generation and AI in human resources discuss broader technology trends, not Team, Inc.’s industrial inspection and maintenance services. Finance Teams Are Done Flying Blind on AI Costs
• Neutral Sentiment: The remaining headlines concern Shenghui Cleanness, Metis TechBio, CoreWeave, Real Brokerage, Foster Electric, the Nairobi Securities Exchange and sports. None involves TISI or provides information about its earnings, contracts, liquidity or management.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed 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 data from MarketBeat.com, Team currently has an average rating of “Sell”.

Team Stock Performance

The stock has a market capitalization of $79.54 million, a price-to-earnings ratio of -2.12 and a beta of 1.03. The business’s 50 day simple moving average is $16.87 and its 200-day simple moving average is $15.85.

Team (NYSE:TISI) last announced its quarterly earnings results on Wednesday, May 13th. The business services provider reported ($2.76) EPS for the quarter, beating the consensus estimate of ($5.94) by $3.18. The firm had revenue of $215.06 million during the quarter, compared to analyst estimates of $208.88 million.

Insider Buying and Selling

In other Team news, CEO Gary L. Hill bought 6,250 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were purchased at an average cost of $16.00 per share, for a total transaction of $100,000.00. Following the transaction, the chief executive officer directly owned 51,687 shares in the company, valued at $826,992. The trade was a 13.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders purchased 12,650 shares of company stock valued at $203,862. 8.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TISI. Dimensional Fund Advisors LP grew its stake in shares of 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 in the last quarter. Barclays PLC raised its stake in shares of Team by 4.8% during the fourth quarter. Barclays PLC now owns 313,766 shares of the business services provider’s stock valued at $4,434,000 after purchasing an additional 14,238 shares in the last quarter. DG Capital Management LLC acquired a new stake in Team in the fourth quarter worth about $913,000. Corre Partners Management LLC lifted its holdings in Team by 1.1% in the fourth quarter. Corre Partners Management LLC now owns 1,604,326 shares of the business services provider’s stock worth $22,669,000 after purchasing an additional 17,030 shares during the period. Finally, DRW Securities LLC bought a new position in Team in the 4th quarter valued at about $168,000. 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.