Insider Buying: Team (NYSE:TISI) CFO Purchases $220,720.00 in Stock

Team, Inc. (NYSE:TISI) CFO Clinton Roeder purchased 8,000 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was acquired at an average price of $27.59 per share, for a total transaction of $220,720.00. Following the acquisition, the chief financial officer owned 17,000 shares in the company, valued at $469,030. This trade represents a 88.89% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Clinton William Roeder also recently made the following trade(s):

• On Friday, August 21st, Clinton Roeder purchased 9,000 shares of Team stock. The shares were acquired at an average cost of $22.89 per share, with a total value of $206,010.00.

Team Trading Down 0.0%

Shares of NYSE TISI opened at $26.66 on Friday. Team, Inc. has a 12 month low of $12.34 and a 12 month high of $28.05. The company has a 50 day simple moving average of $20.32 and a two-hundred day simple moving average of $17.63. The stock has a market cap of $122.10 million, a price-to-earnings ratio of -2.83 and a beta of 1.14.

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

Team News Summary

Here are the key news stories impacting Team this week:

• Positive Sentiment: Chief Financial Officer Clinton Roeder purchased 8,000 shares at an average price of $27.59, investing approximately $220,720 and increasing his direct holdings by nearly 89% to 17,000 shares. He also bought 9,000 shares in August, suggesting meaningful personal confidence in Team’s outlook and valuation. Team CFO insider purchase article
• Positive Sentiment: Team’s latest quarterly results exceeded expectations: revenue reached $228.68 million versus the $208.88 million consensus estimate, while its $1.73 per-share loss was substantially narrower than the expected $5.94 loss. The revenue outperformance and improving-than-expected earnings could support the recent strength in TISI shares.
• Neutral Sentiment: Institutional investors own approximately 46.6% of Team’s shares, with several funds recently increasing their positions. This provides some ownership support, but the data does not establish whether institutions are continuing to buy in the current period.
• Negative Sentiment: Team remains loss-making, with a negative price-to-earnings ratio, and Weiss Ratings has maintained a “Sell” rating. The shares are also trading well above their 50-day and 200-day moving averages and close to the 12-month high, which may increase valuation and profit-taking risks.

Institutional Investors Weigh In On Team

A number of hedge funds and other institutional investors have recently made changes to their positions in TISI. Corre Partners Management LLC lifted its stake in shares of Team by 1.1% in the 4th quarter. Corre Partners Management LLC now owns 1,604,326 shares of the business services provider’s stock valued at $22,669,000 after purchasing an additional 17,030 shares during the period. Barclays PLC increased its holdings in Team by 4.8% in the fourth quarter. Barclays PLC now owns 313,766 shares of the business services provider’s stock valued at $4,434,000 after buying an additional 14,238 shares in the last quarter. Vanguard Group Inc. increased its holdings 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 buying an additional 2,667 shares in the last quarter. IES Holdings Inc. acquired a new position in shares of Team in the fourth quarter worth about $1,060,000. Finally, Manatuck Hill Partners LLC raised its position in shares of Team by 16.1% in the second quarter. Manatuck Hill Partners LLC now owns 72,075 shares of the business services provider’s stock worth $1,312,000 after acquiring an additional 10,000 shares during the period. Institutional investors and hedge funds own 46.57% of the company’s stock.

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, According to MarketBeat, the company currently has an average rating of “Sell”.

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.