Anthony Horton Acquires 2,000 Shares of Team (NYSE:TISI) Stock

Team, Inc. (NYSE:TISI) Director Anthony Horton acquired 2,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were purchased at an average price of $23.15 per share, with a total value of $46,300.00. Following the completion of the transaction, the director owned 26,082 shares of the company’s stock, valued at $603,798.30. This trade represents a 8.30% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Team Stock Down 2.6%

Shares of NYSE TISI opened at $23.47 on Thursday. The company has a market capitalization of $107.49 million, a PE ratio of -2.49 and a beta of 1.04. Team, Inc. has a twelve month low of $12.34 and a twelve month high of $24.64. The firm has a fifty day simple moving average of $18.35 and a 200 day simple moving average of $16.71.

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

Institutional Trading of Team

Several hedge funds have recently bought and sold shares of TISI. DRW Securities LLC acquired a new position in Team during the fourth quarter worth $168,000. Dimensional Fund Advisors LP increased its position in shares of Team by 6.4% during the first quarter. Dimensional Fund Advisors LP now owns 14,952 shares of the business services provider’s stock worth $238,000 after acquiring an additional 893 shares in the last quarter. Susquehanna International Group LLP increased its position in shares of Team by 5.1% during the third 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 in the last quarter. DG Capital Management LLC acquired a new stake in shares of Team in the 4th quarter worth about $913,000. Finally, IES Holdings Inc. bought a new position in Team in the 4th quarter valued at about $1,060,000. Institutional investors and hedge funds own 46.57% of the company’s stock.

Wall Street Analyst Weigh In

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

Trending Headlines about Team

Here are the key news stories impacting Team this week:

• Positive Sentiment: Team CFO Clinton William Roeder bought 9,000 shares for approximately $206,000 at an average price of $22.89. Director Anthony R. Horton also purchased 2,000 shares at $23.15 on August 21 and another 2,000 shares at $22.90 on August 24. The insider buying, particularly the CFO’s new position, may signal management confidence in the company’s valuation and recovery prospects. Team insider purchase report
• Positive Sentiment: Team’s latest quarterly results provided fundamental support: the company reported a loss of $1.73 per share, substantially better than the expected $5.94 loss, while revenue of $228.68 million exceeded the $208.88 million consensus estimate of $208.88 million. The earnings and revenue beats suggest that operating performance may be improving relative to market expectations.
• Neutral Sentiment: The shares are trading well above their 50-day and 200-day moving averages and close to the 52-week high. This demonstrates strong recent momentum, but elevated levels can increase volatility and leave the stock vulnerable to profit-taking or disappointing turnaround updates.
• Negative Sentiment: Team’s latest earnings call characterized the quarter as difficult and outlined a turnaround plan, indicating that significant operational and financial challenges remain. Investors are likely focused on execution, cash flow and whether the company can move from large losses to sustainable profitability. Team turnaround earnings call
• Negative Sentiment: Team continues to carry a consensus “Sell” rating, including a recently restated “Sell” rating from Weiss Ratings. The bearish analyst view may limit upside and contribute to selling pressure even after the earnings beat.

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.