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

Key Points

• Director Anthony Horton bought 2,000 Team shares at an average price of $22.90, increasing his ownership by 7.67% to 28,082 shares.
• Team’s latest quarterly results beat expectations, with revenue of $228.68 million and an adjusted EPS loss of $1.73 versus the $5.94 loss analysts expected. The stock traded near $23.08, close to its one-year high of $24.44.
• Despite the earnings beat and proposed turnaround plan, Team remains unprofitable and faces execution and liquidity risks; Weiss Ratings reiterated a “sell” rating, and the consensus rating remains “Sell.”

Team, Inc. (NYSE:TISI - Get Free Report) Director Anthony Horton acquired 2,000 shares of the company's stock in a transaction dated Monday, August 24th. The shares were bought at an average cost 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 approximately $643,077.80. The trade was a 7.67% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Team Price Performance

Team stock traded up $0.11 during midday trading on Tuesday, hitting $23.08. 1,700 shares of the stock were exchanged, compared to its average volume of 9,988. Team, Inc. has a 1 year low of $12.34 and a 1 year high of $24.44. The company has a 50 day moving average price of $18.09 and a two-hundred day moving average price of $16.57. The firm has a market cap of $105.71 million, a P/E ratio of -2.45 and a beta of 1.04.

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

Key Stories Impacting Team

Here are the key news stories impacting Team this week:

• Positive Sentiment: Management’s decision to openly address the company’s challenges and present a turnaround plan may reassure investors that corrective actions are underway. The company’s most recent quarterly results also exceeded analyst expectations for both EPS and revenue, providing some support for the recovery narrative.
• Neutral Sentiment: The call did not represent a completed recovery; investors will likely look for measurable progress in margins, earnings, liquidity and operating execution in upcoming quarters. Trading volume has been well below average, which can make price movements less reliable.
• Negative Sentiment: The “painful quarter” framing highlights continued operational and financial pressure. Team remains unprofitable based on its negative price-to-earnings ratio, and the turnaround plan introduces execution risk because improvements have not yet been demonstrated. Team Inc. Earnings Call Maps Painful Quarter, Turnaround Plan

Analyst Ratings Changes

Separately, Weiss Ratings restated 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 stock currently has a consensus rating of "Sell".

Institutional Trading of Team

A number of large investors have recently added to or reduced their stakes in TISI. Dimensional Fund Advisors LP grew its holdings in shares of 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 acquiring an additional 893 shares during the last quarter. Barclays PLC boosted its position in shares of Team by 4.8% in the 4th quarter. Barclays PLC now owns 313,766 shares of the business services provider's stock valued at $4,434,000 after purchasing an additional 14,238 shares during the period. DG Capital Management LLC acquired a new position in shares of Team in the 4th quarter valued at $913,000. Corre Partners Management LLC increased its stake in 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 worth $22,669,000 after purchasing an additional 17,030 shares in the last quarter. Finally, DRW Securities LLC acquired a new stake in Team during the 4th quarter worth about $168,000. 46.57% of the stock is currently owned by institutional investors.

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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