Evan Lederman Purchases 500 Shares of Team (NYSE:TISI) Stock

Team, Inc. (NYSE:TISI) Director Evan Lederman purchased 500 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were acquired at an average cost of $23.00 per share, for a total transaction of $11,500.00. Following the completion of the acquisition, the director owned 7,078 shares of the company’s stock, valued at approximately $162,794. This trade represents a 7.60% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Team Stock Up 0.9%

Shares of Team stock opened at $22.67 on Friday. The company has a market capitalization of $103.83 million, a price-to-earnings ratio of -2.41 and a beta of 1.04. The stock’s 50-day simple moving average is $17.86 and its 200-day simple moving average is $16.45. Team, Inc. has a 52 week low of $12.34 and a 52 week high of $24.44.

Team (NYSE:TISI) last released its earnings results on Monday, August 10th. The business services provider reported ($1.73) earnings per share (EPS) for the quarter, topping 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.

More Team News

Here are the key news stories impacting Team this week:

• Positive Sentiment: Director Evan S. Lederman purchased 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 future outlook. Insider buying report
• Positive Sentiment: Team’s latest quarterly results beat expectations by a wide margin. The company reported a loss of $1.73 per share versus the expected loss of $5.94, while revenue of $228.68 million exceeded the $208.88 million consensus estimate of $208.88 million. The revenue and earnings beats suggest stronger-than-anticipated operating performance. Team stock and earnings information
• Neutral Sentiment: Trading volume has been above average, which may indicate increased investor attention following the earnings release and insider transaction. Still, the company’s small market capitalization of roughly $104 million means relatively modest trading activity can produce significant volatility.
• Negative Sentiment: Team continues to report losses, reflected in its negative price-to-earnings ratio. The shares are also trading near their 12-month high, raising the risk of profit-taking unless management can demonstrate that the improved results are sustainable.
• Negative Sentiment: Analyst sentiment remains weak: Weiss Ratings reaffirmed a “sell” rating, and MarketBeat reports an average rating of “Sell.” This negative backdrop could limit upside despite the earnings beat and insider buying.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Team in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. DRW Securities LLC purchased a new stake in Team during the fourth quarter valued at $168,000. Dimensional Fund Advisors LP grew its stake in shares of Team by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,952 shares of the business services provider’s stock worth $238,000 after buying an additional 893 shares in the last quarter. Susquehanna International Group LLP grew its stake in shares of Team by 5.1% in the 3rd quarter. Susquehanna International Group LLP now owns 17,263 shares of the business services provider’s stock worth $286,000 after buying an additional 834 shares in the last quarter. DG Capital Management LLC bought a new stake in shares of Team in the 4th quarter worth about $913,000. Finally, IES Holdings Inc. bought a new stake in shares of Team in the 4th quarter worth about $1,060,000. 46.57% of the stock is owned by hedge funds and other institutional investors.

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.