Insider Buying: Team (NYSE:TISI) Director Purchases $46,300.00 in Stock

Team, Inc. (NYSE:TISI) Director Anthony Horton acquired 2,000 shares of Team stock in a transaction dated Friday, August 21st. The shares were bought at an average cost of $23.15 per share, for a total transaction of $46,300.00. Following the completion of the purchase, the director directly owned 26,082 shares of the company’s stock, valued at approximately $603,798.30. The trade was a 8.30% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Team Trading Up 3.2%

TISI opened at $23.74 on Friday. Team, Inc. has a 12 month low of $12.34 and a 12 month high of $24.64. The business’s 50-day moving average price is $18.48 and its 200-day moving average price is $16.77. The company has a market cap of $108.80 million, a P/E ratio of -2.52 and a beta of 1.04.

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

Hedge Funds Weigh In On Team

Several hedge funds and other institutional investors have recently modified their holdings of TISI. DRW Securities LLC purchased a new stake in shares of Team during the fourth quarter worth about $168,000. Dimensional Fund Advisors LP increased its holdings in Team by 6.4% during 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 period. Susquehanna International Group LLP increased its holdings in Team by 5.1% during 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 during the period. DG Capital Management LLC bought a new position in Team during the 4th quarter valued at approximately $913,000. Finally, IES Holdings Inc. bought a new position in Team during the 4th quarter valued at approximately $1,060,000. 46.57% of the stock is owned by institutional investors.

Team News Roundup

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 restated a “sell (d-)” rating on shares of Team in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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.