Share on StockTwits

Team (NASDAQ:TISI) CEO Philip J. Hawk sold 86,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $40.08, for a total value of $3,446,880.00. Following the transaction, the chief executive officer now directly owns 43,310 shares in the company, valued at approximately $1,735,865. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Team (NASDAQ:TISI) traded down 0.02% on Tuesday, hitting $40.39. 85,126 shares of the company’s stock traded hands. Team has a 1-year low of $32.33 and a 1-year high of $48.09. The stock has a 50-day moving average of $40.7 and a 200-day moving average of $41.86. The company has a market cap of $827.3 million and a P/E ratio of 28.86.

Team (NASDAQ:TISI) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.63 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.60 by $0.03. The company had revenue of $211.49 million for the quarter, compared to the consensus estimate of $211.25 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Analysts expect that Team will post $1.98 EPS for the current fiscal year.

A number of analysts have recently weighed in on TISI shares. Analysts at ISI Group downgraded shares of Team from a “buy” rating to a “hold” rating in a research note on Monday, June 2nd. Analysts at BB&T Corp. downgraded shares of Team from a “buy” rating to a “hold” rating in a research note on Monday, June 2nd. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $42.00.

Team, Inc is a provider of specialty maintenance and inspection services required in maintaining high temperature and high pressure piping systems and vessels that are utilized extensively in heavy industries.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.