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

Team, Inc. (NYSE:TISI) Director Anthony Horton bought 2,000 shares of the business’s stock in a transaction on 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 acquisition, the director directly owned 26,082 shares in the company, valued at approximately $603,798.30. This trade represents a 8.30% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Team Price Performance

Shares of Team stock traded up $0.11 during trading hours on Tuesday, hitting $23.08. 1,700 shares of the company’s stock traded hands, compared to its average volume of 9,988. The stock has a market capitalization of $105.71 million, a price-to-earnings ratio of -2.45 and a beta of 1.04. Team, Inc. has a 12-month low of $12.34 and a 12-month high of $24.44. The company has a fifty day simple moving average of $18.09 and a 200-day simple moving average of $16.57.

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

Team News Summary

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

Hedge Funds Weigh In On Team

A number of institutional investors have recently bought and sold shares of the company. DRW Securities LLC purchased a new stake in Team during the 4th quarter worth about $168,000. Dimensional Fund Advisors LP lifted its position 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 valued at $238,000 after acquiring an additional 893 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of Team by 5.1% during the 3rd quarter. Susquehanna International Group LLP now owns 17,263 shares of the business services provider’s stock worth $286,000 after acquiring an additional 834 shares during the period. DG Capital Management LLC acquired a new stake in Team during the 4th quarter worth approximately $913,000. Finally, IES Holdings Inc. acquired a new position in Team during the 4th quarter worth approximately $1,060,000. 46.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated 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, According to data from MarketBeat, Team 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.