Key Points
- CEO Gary Hill bought 6,250 shares of Team, Inc. stock at $16.00 per share, spending $100,000 in a disclosed insider transaction. The purchase boosted his holdings by 13.76%, which may signal confidence in the company.
- Team shares were trading lower around $15.35, near the middle of their 12-month range of $12.34 to $21.33. The company has a relatively small market cap of about $70 million and currently carries a negative P/E ratio.
- Wall Street sentiment remains cautious, with Weiss Ratings reaffirming a "sell (d-)" rating and MarketBeat data showing an overall consensus rating of "Sell."
Team, Inc. (NYSE:TISI - Get Free Report) CEO Gary Hill bought 6,250 shares of Team stock in a transaction dated Monday, June 1st. The stock was purchased at an average cost of $16.00 per share, for a total transaction of $100,000.00. Following the purchase, the chief executive officer owned 51,687 shares of the company's stock, valued at approximately $826,992. This trade represents a 13.76% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Team Trading Down 0.7%
Shares of TISI opened at $15.35 on Wednesday. Team, Inc. has a twelve month low of $12.34 and a twelve month high of $21.33. The company has a market cap of $70.16 million, a P/E ratio of -1.87 and a beta of 1.03. The company's fifty day simple moving average is $16.39 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.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Team in a research note on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of "Sell".
Get Our Latest Stock Report on Team
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in TISI. Manatuck Hill Partners LLC increased its stake in Team by 16.1% in the 2nd quarter. Manatuck Hill Partners LLC now owns 72,075 shares of the business services provider's stock worth $1,312,000 after buying an additional 10,000 shares during the period. Vanguard Group Inc. increased its stake in Team by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 162,570 shares of the business services provider's stock worth $2,695,000 after buying an additional 2,667 shares during the period. GSA Capital Partners LLP purchased a new position in Team in the 3rd quarter worth about $188,000. Dimensional Fund Advisors LP increased its stake in Team by 8.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 15,057 shares of the business services provider's stock worth $250,000 after buying an additional 1,204 shares during the period. Finally, Barclays PLC increased its stake in Team by 3.5% in the 3rd quarter. Barclays PLC now owns 299,528 shares of the business services provider's stock worth $4,966,000 after buying an additional 10,014 shares during the period. Hedge funds and other institutional investors own 46.57% of the company's stock.
Trending Headlines about Team
Here are the key news stories impacting Team this week:
- Positive Sentiment: CEO Gary L. Hill bought 6,250 shares of Team, Inc. at an average price of $16.00 per share, a $100,000 purchase that increased his ownership by 13.76%. Insider purchases by a chief executive can signal confidence in the company’s outlook and often support the stock. SEC filing
- Neutral Sentiment: There were no other major operational announcements in the provided feed specifically tied to Team, Inc. that would clearly change the investment thesis today.
About Team
(
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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