Team, Inc. (NYSE:TISI – Get Free Report) CEO Gary Hill purchased 6,250 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were purchased at an average price of $16.00 per share, for a total transaction of $100,000.00. Following the completion of the purchase, the chief executive officer owned 51,687 shares of the company’s stock, valued at approximately $826,992. This trade represents a 13.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Team Price Performance
Shares of Team stock remained flat at $15.35 on Tuesday. 12,393 shares of the stock were exchanged, compared to its average volume of 8,874. Team, Inc. has a twelve month low of $12.34 and a twelve month high of $21.33. The stock’s fifty day simple moving average is $16.39 and its two-hundred day simple moving average is $15.18. The firm has a market capitalization of $70.15 million, a price-to-earnings ratio of -1.87 and a beta of 1.03.
Team (NYSE:TISI – Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The business services provider reported ($2.76) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($5.94) by $3.18. The firm had revenue of $215.06 million for the quarter, compared to analyst estimates of $208.88 million.
Trending Headlines about Team
- Neutral Sentiment: No material Team, Inc. corporate news was found in the supplied articles that would clearly explain the stock’s move today.
- Neutral Sentiment: Several headlines reference other businesses using the word “team” or “teams,” but they do not appear to involve Team, Inc. (TISI) directly.
- Neutral Sentiment: The most relevant background remains Team, Inc.’s recent earnings beat, when it reported a smaller-than-expected loss and revenue above estimates, which may continue to support investor sentiment. Article Title
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. DRW Securities LLC acquired a new position in Team during the fourth quarter worth about $168,000. GSA Capital Partners LLP acquired a new position in Team during the third quarter worth about $188,000. Dimensional Fund Advisors LP grew its position in Team by 6.4% during the first quarter. Dimensional Fund Advisors LP now owns 14,952 shares of the business services provider’s stock worth $238,000 after buying an additional 893 shares during the period. Susquehanna International Group LLP grew its position in 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 buying an additional 834 shares during the period. Finally, DG Capital Management LLC acquired a new position in Team during the fourth quarter worth about $913,000. 46.57% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Team in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Team presently 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.
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