Team, Inc. (NYSE:TISI) Director Jeffery Gerald Davis bought 3,829 shares of the stock in a transaction dated Friday, December 15th. The stock was purchased at an average price of $13.75 per share, with a total value of $52,648.75. Following the acquisition, the director now owns 21,398 shares of the company’s stock, valued at $294,222.50. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of Team, Inc. (TISI) traded down $0.25 during mid-day trading on Wednesday, hitting $14.55. 561,100 shares of the stock traded hands, compared to its average volume of 492,741. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.68 and a quick ratio of 2.32. Team, Inc. has a 52 week low of $10.45 and a 52 week high of $39.70.

Hedge funds have recently made changes to their positions in the company. TD Asset Management Inc. purchased a new stake in shares of Team in the second quarter valued at about $567,000. Dimensional Fund Advisors LP increased its holdings in Team by 24.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,899,990 shares of the business services provider’s stock worth $44,555,000 after buying an additional 378,375 shares during the last quarter. Thrivent Financial For Lutherans increased its holdings in Team by 18.0% during the second quarter. Thrivent Financial For Lutherans now owns 990,226 shares of the business services provider’s stock worth $23,221,000 after buying an additional 151,290 shares during the last quarter. Verde Servicos Internacionais S.A. purchased a new stake in Team during the third quarter worth about $867,000. Finally, Tocqueville Asset Management L.P. increased its holdings in Team by 86.3% during the third quarter. Tocqueville Asset Management L.P. now owns 668,918 shares of the business services provider’s stock worth $8,930,000 after buying an additional 309,850 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

Several analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Team from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. BidaskClub upgraded shares of Team from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Finally, Johnson Rice upgraded shares of Team from a “hold” rating to an “accumulate” rating in a report on Wednesday, November 8th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $22.50.

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About Team

Team, Inc is a provider of specialty industrial services, including inspection and assessment, required in maintaining high temperature and high pressure piping systems and vessels. The Company conducts its operations through three segments: Inspection and Heat Treating Services (IHT) Group, Mechanical Services (MS) Group and Quest Integrity (Quest Integrity) Group.

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