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Team (NASDAQ:TISI) Director Louis A. Waters sold 20,000 shares of Team stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $40.21, for a total transaction of $804,200.00. Following the sale, the director now directly owns 185,487 shares in the company, valued at approximately $7,458,432. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

TISI has been the subject of a number of recent research reports. 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 analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $42.00.

Team (NASDAQ:TISI) traded down 0.02% during mid-day trading on Tuesday, hitting $40.39. The stock had a trading volume of 82,804 shares. Team has a one year low of $32.33 and a one year high of $48.09. The stock’s 50-day moving average is $40.76 and its 200-day moving average is $41.93. The company has a market cap of $827.3 million and a P/E ratio of 28.86.

Team (NASDAQ:TISI) last released its earnings data 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 last year, the company posted $0.54 earnings per share. Team’s revenue was up 5.1% compared to the same quarter last year. Analysts expect that Team will post $1.98 EPS for the current fiscal year.

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.

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