Anthony Horton Acquires 4,000 Shares of Team (NYSE:TISI) Stock

Team, Inc. (NYSE:TISI) Director Anthony Horton bought 4,000 shares of the stock in a transaction dated Monday, November 17th. The stock was purchased at an average cost of $15.68 per share, for a total transaction of $62,720.00. Following the acquisition, the director owned 9,082 shares in the company, valued at $142,405.76. The trade was a 78.71% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Team Trading Up 1.4%

TISI stock traded up $0.22 during trading on Wednesday, hitting $15.57. 2,012 shares of the stock traded hands, compared to its average volume of 15,719. The stock has a market cap of $70.49 million, a price-to-earnings ratio of -1.33 and a beta of 1.58. Team, Inc. has a one year low of $11.12 and a one year high of $24.25. The company has a 50 day simple moving average of $16.01 and a 200 day simple moving average of $17.86.

Team (NYSE:TISI) last posted its earnings results on Wednesday, November 12th. The business services provider reported ($1.48) earnings per share (EPS) for the quarter. The firm had revenue of $224.98 million during the quarter. Team had a negative net margin of 6.01% and a negative return on equity of 753.94%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Team in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Team has an average rating of “Sell”.

Institutional Trading of Team

Several institutional investors and hedge funds have recently made changes to their positions in the business. Susquehanna International Group LLP grew its stake 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 purchasing an additional 834 shares during the period. Barclays PLC raised its position in shares of Team by 3.5% in the 3rd quarter. Barclays PLC now owns 299,528 shares of the business services provider’s stock valued at $4,966,000 after acquiring an additional 10,014 shares during the period. Dimensional Fund Advisors LP grew its holdings in Team by 8.7% during the third quarter. Dimensional Fund Advisors LP now owns 15,057 shares of the business services provider’s stock valued at $250,000 after purchasing an additional 1,204 shares during the period. GSA Capital Partners LLP acquired a new position in Team during the third quarter valued at approximately $188,000. Finally, Vanguard Group Inc. increased its stake in Team by 1.7% in the third quarter. Vanguard Group Inc. now owns 162,570 shares of the business services provider’s stock valued at $2,695,000 after purchasing an additional 2,667 shares in the last quarter. Institutional investors own 46.57% of the company’s stock.

Team Company Profile

Team, Inc, together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, Europe, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments.