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

Team, Inc. (NYSE:TISI) CFO Clinton Roeder acquired 8,000 shares of Team stock in a transaction that occurred on Thursday, September 3rd. The shares were purchased at an average cost of $27.59 per share, for a total transaction of $220,720.00. Following the purchase, the chief financial officer directly owned 17,000 shares of the company’s stock, valued at approximately $469,030. This trade represents a 88.89% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

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

Team Stock Performance

Shares of TISI opened at $27.16 on Wednesday. The stock has a fifty day moving average of $19.96 and a two-hundred day moving average of $17.45. The company has a market capitalization of $124.47 million, a PE ratio of -2.88 and a beta of 1.14. Team, Inc. has a fifty-two week low of $12.34 and a fifty-two week high of $28.05.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. DRW Securities LLC bought a new stake in Team in the fourth quarter valued at $168,000. Dimensional Fund Advisors LP increased 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 period. Susquehanna International Group LLP lifted 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 valued at $286,000 after purchasing an additional 834 shares during the last quarter. DG Capital Management LLC acquired a new position in Team during the 4th quarter valued at about $913,000. Finally, Manatuck Hill Partners LLC boosted its stake in Team by 16.1% during 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 purchasing an additional 10,000 shares during the period. 46.57% of the stock is currently owned by institutional investors.

More Team News

Here are the key news stories impacting Team this week:

• Positive Sentiment: The CFO’s sizable open-market purchase may indicate confidence in Team’s valuation and future prospects. The shares were bought near recent highs, making the transaction more meaningful than a purchase at distressed levels. SEC insider transaction filing
• Neutral Sentiment: There were no additional Team-specific announcements in the provided news flow regarding contracts, earnings, financing, or operations. The company’s latest reported quarter showed revenue of $228.7 million and an adjusted-than-expected loss per share, which may continue to influence investor sentiment alongside the insider purchase.

Wall Street Analysts Forecast Growth

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