Clinton William Roeder Acquires 8,000 Shares of Team (NYSE:TISI) Stock

Key Points

• Team CFO Clinton William Roeder bought 8,000 shares at an average price of $27.59, investing $220,720 and increasing his direct ownership to 17,000 shares. He had also purchased 9,000 shares in August.
• Team’s shares were down 1.0% at $27.63 during Tuesday trading, near the company’s 52-week high of $28.01. The stock has a market capitalization of approximately $126.6 million and remains unprofitable on a trailing basis.
• The company’s latest quarterly results beat expectations, with a loss of $1.73 per share versus the estimated $5.94 loss and revenue of $228.68 million versus the $208.88 million consensus. Despite the earnings beat, the overall analyst rating remains “Sell,” and institutional investors own 46.57% of the stock.

Team, Inc. (NYSE:TISI - Get Free Report) CFO Clinton Roeder purchased 8,000 shares of the business's stock in a transaction on Thursday, September 3rd. The shares were acquired at an average cost of $27.59 per share, for a total transaction of $220,720.00. Following the completion of the transaction, the chief financial officer directly owned 17,000 shares in the company, valued at approximately $469,030. This represents a 88.89% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

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

Team Stock Down 1.0%

Shares of NYSE:TISI traded down $0.28 during midday trading on Tuesday, reaching $27.63. The company had a trading volume of 33,078 shares, compared to its average volume of 11,243. The business's 50 day moving average price is $19.77 and its 200 day moving average price is $17.36. The stock has a market cap of $126.55 million, a PE ratio of -2.93 and a beta of 1.14. Team, Inc. has a 1-year low of $12.34 and a 1-year high of $28.01.

Team (NYSE:TISI - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The business services provider reported ($1.73) earnings per share for the quarter, topping the consensus estimate of ($5.94) by $4.21. The company had revenue of $228.68 million for the quarter, compared to analyst estimates of $208.88 million.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Team in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of "Sell".

Institutional Trading of Team

Hedge funds have recently modified their holdings of the stock. Manatuck Hill Partners LLC grew 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 valued at $1,312,000 after buying an additional 10,000 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Team by 1.7% during the third quarter. Vanguard Group Inc. now owns 162,570 shares of the business services provider's stock worth $2,695,000 after purchasing an additional 2,667 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Team by 8.7% during the third quarter. Dimensional Fund Advisors LP now owns 15,057 shares of the business services provider's stock worth $250,000 after purchasing an additional 1,204 shares during the period. Barclays PLC lifted its holdings in Team by 3.5% during the 3rd quarter. Barclays PLC now owns 299,528 shares of the business services provider's stock worth $4,966,000 after purchasing an additional 10,014 shares during the last quarter. Finally, Susquehanna International Group LLP lifted its holdings in Team by 5.1% during 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 last quarter. Institutional investors and hedge funds own 46.57% of the company's stock.

Trending Headlines about Team

Here are the key news stories impacting Team this week:

• Positive Sentiment: Team’s latest reported quarter showed better-than-expected results: adjusted earnings were a loss of $1.73 per share versus the consensus estimate of a $5.94 loss, while revenue of $228.68 million exceeded expectations of $208.88 million. However, this earnings report is not new and may already be reflected in the stock.
• Neutral Sentiment: The supplied headlines cover unrelated companies and industries, including sports-team ownership, mining, financial services, technology, and consumer commerce. None announces a contract, financing, executive change, operating update, or other development involving Team, Inc.
• Negative Sentiment: With no new company-specific catalyst identified, the stock may be vulnerable to short-term selling after its recent rally. Team remains loss-making on a trailing basis, which could also contribute to investor caution.

About Team

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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