Gary Hill Acquires 5,800 Shares of Team (NYSE:TISI) Stock

Key Points

  • CEO Gary Hill bought 5,800 shares of Team, Inc. at $16.22 each, a $94,076 purchase that increased his stake by 14.63% and signals insider confidence.
  • Team shares were trading around $16.35, near their 50-day average of $16.13, with a 52-week range of $12.34 to $22.00 and a market cap of about $74.74 million.
  • The company recently reported better-than-expected quarterly results, with EPS loss narrower than forecast and revenue of $215.06 million topping estimates; analysts still rate the stock a Sell.

Team, Inc. (NYSE:TISI - Get Free Report) CEO Gary Hill bought 5,800 shares of Team stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average cost of $16.22 per share, for a total transaction of $94,076.00. Following the purchase, the chief executive officer owned 45,437 shares of the company's stock, valued at approximately $736,988.14. This trade represents a 14.63% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Team Trading Up 3.2%

Shares of TISI opened at $16.35 on Friday. Team, Inc. has a twelve month low of $12.34 and a twelve month high of $22.00. The company has a market cap of $74.74 million, a P/E ratio of -1.99 and a beta of 1.09. The company's fifty day simple moving average is $16.13 and its 200-day simple moving average is $15.18.

Team (NYSE:TISI - Get Free Report) last announced its earnings results on Wednesday, May 13th. The business services provider reported ($2.76) earnings per share for the quarter, beating the consensus estimate of ($5.94) by $3.18. The firm had revenue of $215.06 million during the quarter, compared to analysts' expectations of $208.88 million.

Team News Roundup




Here are the key news stories impacting Team this week:

Analyst Ratings Changes

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

Get Our Latest Stock Report on Team

Institutional Investors Weigh In On Team

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TISI. GSA Capital Partners LLP purchased a new stake in Team in the 3rd quarter valued at about $188,000. DRW Securities LLC bought a new position in Team in the 4th quarter worth about $168,000. Dimensional Fund Advisors LP grew its stake in 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 acquiring an additional 893 shares in the last quarter. Susquehanna International Group LLP grew its stake in 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 acquiring an additional 834 shares in the last quarter. Finally, DG Capital Management LLC bought a new position in Team in the 4th quarter worth about $913,000. Institutional investors own 46.57% of the company's stock.

Team Company Profile

(Get Free Report)

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.

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