Team (NYSE:TISI) CFO Buys $206,010.00 in Stock

Team, Inc. (NYSE:TISI) CFO Clinton William Roeder purchased 9,000 shares of the business’s stock in a transaction on Friday, August 21st. The stock was purchased at an average cost of $22.89 per share, for a total transaction of $206,010.00. Following the acquisition, the chief financial officer owned 9,000 shares in the company, valued at approximately $206,010. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Team Trading Up 0.5%

NYSE TISI traded up $0.11 on Tuesday, hitting $23.08. The company’s stock had a trading volume of 1,700 shares, compared to its average volume of 9,988. The firm has a market cap of $105.71 million, a P/E ratio of -2.45 and a beta of 1.04. The company’s 50-day simple moving average is $18.09 and its 200 day simple moving average is $16.57. Team, Inc. has a 52-week low of $12.34 and a 52-week high of $24.44.

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

Institutional Trading of Team

Several institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew 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 buying an additional 893 shares in the last quarter. Barclays PLC lifted its stake in Team by 4.8% in the 4th quarter. Barclays PLC now owns 313,766 shares of the business services provider’s stock worth $4,434,000 after purchasing an additional 14,238 shares in the last quarter. DG Capital Management LLC purchased a new stake in Team in the 4th quarter worth $913,000. Corre Partners Management LLC boosted its holdings in shares of Team by 1.1% during the 4th quarter. Corre Partners Management LLC now owns 1,604,326 shares of the business services provider’s stock valued at $22,669,000 after purchasing an additional 17,030 shares during the last quarter. Finally, DRW Securities LLC purchased a new position in shares of Team during the fourth quarter valued at about $168,000. Hedge funds and other institutional investors own 46.57% of the company’s stock.

Key Headlines Impacting Team

Here are the key news stories impacting Team this week:

• Positive Sentiment: Management’s decision to openly address the company’s challenges and present a turnaround plan may reassure investors that corrective actions are underway. The company’s most recent quarterly results also exceeded analyst expectations for both EPS and revenue, providing some support for the recovery narrative.
• Neutral Sentiment: The call did not represent a completed recovery; investors will likely look for measurable progress in margins, earnings, liquidity and operating execution in upcoming quarters. Trading volume has been well below average, which can make price movements less reliable.
• Negative Sentiment: The “painful quarter” framing highlights continued operational and financial pressure. Team remains unprofitable based on its negative price-to-earnings ratio, and the turnaround plan introduces execution risk because improvements have not yet been demonstrated. Team Inc. Earnings Call Maps Painful Quarter, Turnaround Plan

Wall Street Analysts Forecast Growth

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