Team, Inc. (NYSE:TISI) VP Andre C. Bouchard acquired 1,000 shares of the stock in a transaction that occurred on Thursday, August 17th. The shares were bought at an average price of $11.33 per share, with a total value of $11,330.00. Following the completion of the transaction, the vice president now owns 26,488 shares in the company, valued at $300,109.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Team, Inc. (NYSE:TISI) traded up 1.35% during midday trading on Thursday, reaching $11.25. 803,496 shares of the company’s stock were exchanged. The stock’s market cap is $335.69 million. The firm has a 50 day moving average of $18.00 and a 200-day moving average of $25.25. Team, Inc. has a 12 month low of $10.45 and a 12 month high of $39.70.

Team (NYSE:TISI) last released its quarterly earnings results on Monday, August 7th. The business services provider reported ($0.23) earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.54. The company had revenue of $312.26 million during the quarter, compared to the consensus estimate of $309.60 million. Team had a negative net margin of 2.83% and a negative return on equity of 2.22%. On average, equities research analysts predict that Team, Inc. will post ($0.52) earnings per share for the current year.

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A number of hedge funds have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue boosted its stake in Team by 79.9% in the second quarter. State of Alaska Department of Revenue now owns 5,883 shares of the business services provider’s stock valued at $137,000 after buying an additional 2,613 shares during the period. UBS Group AG boosted its stake in shares of Team by 21.6% in the first quarter. UBS Group AG now owns 5,642 shares of the business services provider’s stock worth $152,000 after buying an additional 1,003 shares during the period. Municipal Employees Retirement System of Michigan boosted its stake in shares of Team by 4.5% in the second quarter. Municipal Employees Retirement System of Michigan now owns 6,960 shares of the business services provider’s stock worth $163,000 after buying an additional 300 shares during the period. Mason Street Advisors LLC boosted its stake in shares of Team by 7.0% in the first quarter. Mason Street Advisors LLC now owns 6,897 shares of the business services provider’s stock worth $187,000 after buying an additional 452 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of Team by 57.7% in the second quarter. BNP Paribas Arbitrage SA now owns 9,482 shares of the business services provider’s stock worth $222,000 after buying an additional 3,469 shares during the period. Institutional investors and hedge funds own 94.00% of the company’s stock.

A number of equities analysts recently issued reports on the stock. BidaskClub cut shares of Team from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. TheStreet lowered shares of Team from a “c-” rating to a “d+” rating in a report on Tuesday, July 25th. Johnson Rice lowered shares of Team from a “buy” rating to a “hold” rating and reduced their target price for the stock from $36.00 to $26.00 in a report on Tuesday, July 25th. Zacks Investment Research raised shares of Team from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 18th. Finally, Stephens lowered shares of Team from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $34.00 to $19.00 in a report on Tuesday, July 25th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Team presently has an average rating of “Hold” and an average price target of $22.50.

Team Company Profile

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.

Insider Buying and Selling by Quarter for Team (NYSE:TISI)

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