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

Team, Inc. (NYSE:TISI) Director Anthony Horton bought 2,000 shares of the business’s stock in a transaction on Monday, August 24th. The stock was bought at an average price of $22.90 per share, with a total value of $45,800.00. Following the purchase, the director owned 28,082 shares in the company, valued at $643,077.80. This trade represents a 7.67% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Team Stock Down 2.6%

TISI stock opened at $23.47 on Thursday. The stock has a 50-day simple moving average of $18.35 and a two-hundred day simple moving average of $16.71. Team, Inc. has a twelve month low of $12.34 and a twelve month high of $24.64. The firm has a market capitalization of $107.49 million, a PE ratio of -2.49 and a beta of 1.04.

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

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.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Team

A number of hedge funds have recently made changes to their positions in the business. DRW Securities LLC purchased a new stake in shares of Team in the 4th quarter valued at $168,000. Dimensional Fund Advisors LP raised its position 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 purchasing an additional 893 shares during the period. Susquehanna International Group LLP raised its position 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 purchasing an additional 834 shares during the period. DG Capital Management LLC bought a new stake in Team in the fourth quarter worth $913,000. Finally, IES Holdings Inc. bought a new stake in Team in the fourth quarter worth $1,060,000. 46.57% of the stock is currently owned by institutional investors.

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.