Team (NYSE:TISI) Director Anthony Horton Buys 2,000 Shares

Team, Inc. (NYSE:TISI) Director Anthony Horton bought 2,000 shares of the stock in a transaction dated Tuesday, August 18th. The stock was bought at an average price of $22.71 per share, with a total value of $45,420.00. Following the acquisition, the director owned 24,082 shares in the company, valued at approximately $546,902.22. This represents a 9.06% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Team Trading Down 0.1%

NYSE:TISI traded down $0.03 during midday trading on Friday, hitting $22.77. 6,581 shares of the company were exchanged, compared to its average volume of 9,853. Team, Inc. has a fifty-two week low of $12.34 and a fifty-two week high of $24.44. The company has a market capitalization of $104.29 million, a PE ratio of -2.42 and a beta of 1.04. The company has a fifty day simple moving average of $17.86 and a 200 day simple moving average of $16.45.

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 analysts’ expectations of $208.88 million.

Analysts Set New Price Targets

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

More Team News

Here are the key news stories impacting Team this week:

• 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.

Hedge Funds Weigh In On Team

A number of large investors have recently made changes to their positions in TISI. DRW Securities LLC acquired a new stake in shares of Team in the fourth quarter valued at about $168,000. Dimensional Fund Advisors LP increased 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 valued at $238,000 after buying an additional 893 shares in the last quarter. Susquehanna International Group LLP increased 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 valued at $286,000 after buying an additional 834 shares in the last quarter. DG Capital Management LLC acquired a new stake in shares of Team during the 4th quarter valued at approximately $913,000. Finally, IES Holdings Inc. purchased a new stake in shares of Team during the 4th quarter worth approximately $1,060,000. Hedge funds and other institutional investors own 46.57% of the company’s stock.

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.