Gary Hill Buys 6,250 Shares of Team (NYSE:TISI) Stock

Team, Inc. (NYSE:TISI) CEO Gary Hill bought 6,250 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was bought at an average cost of $16.00 per share, for a total transaction of $100,000.00. Following the completion of the purchase, the chief executive officer owned 51,687 shares of the company’s stock, valued at approximately $826,992. The trade was a 13.76% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Team Price Performance

Shares of NYSE:TISI opened at $17.34 on Thursday. The company has a market cap of $79.24 million, a P/E ratio of -2.11 and a beta of 1.03. Team, Inc. has a 1 year low of $12.34 and a 1 year high of $21.33. The stock’s fifty day moving average price is $16.43 and its 200-day moving average price is $15.18.

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TISI. GSA Capital Partners LLP bought a new position in Team in the third quarter valued at about $188,000. DRW Securities LLC bought a new position in Team in the fourth quarter valued at about $168,000. Dimensional Fund Advisors LP lifted 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 acquiring an additional 893 shares during the period. Susquehanna International Group LLP lifted 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 acquiring an additional 834 shares during the period. Finally, DG Capital Management LLC bought a new position in Team in the fourth quarter valued at about $913,000. Institutional investors own 46.57% of the company’s stock.

More Team News

Here are the key news stories impacting Team this week:

• Positive Sentiment: CEO Gary L. Hill bought 6,250 shares of Team, Inc. at $16.00 per share, reinforcing confidence in the company’s outlook and potentially supporting the stock. SEC filing
• Neutral Sentiment: Team’s latest earnings report beat analysts’ estimates on both EPS and revenue, which remains a constructive backdrop for the shares.
• Negative Sentiment: Wall Street sentiment remains cautious, with the stock carrying a consensus “Sell” rating, which could limit upside.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Team in a report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Team presently has a consensus rating of “Sell”.

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.