Team, Inc. (NYSE:TISI) Director Anthony R. Horton Acquires 1,082 Shares

Team, Inc. (NYSE:TISI) Director Anthony R. Horton purchased 1,082 shares of Team stock in a transaction dated Friday, November 15th. The shares were purchased at an average cost of $15.24 per share, for a total transaction of $16,489.68. Following the transaction, the director now owns 2,081 shares in the company, valued at approximately $31,714.44. This trade represents a 108.31 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Team Stock Up 7.4 %

Shares of Team stock traded up $1.05 during trading hours on Monday, reaching $15.33. 24,389 shares of the company were exchanged, compared to its average volume of 18,412. The company has a debt-to-equity ratio of 17.55, a quick ratio of 1.59 and a current ratio of 1.80. The stock’s fifty day moving average is $18.48 and its 200 day moving average is $12.47. The firm has a market cap of $68.83 million, a PE ratio of -1.27 and a beta of 1.83. Team, Inc. has a 1 year low of $5.05 and a 1 year high of $26.77.

Analysts Set New Price Targets

Separately, StockNews.com lowered Team from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 12th.

Institutional Trading of Team

Large investors have recently modified their holdings of the business. Renaissance Technologies LLC acquired a new stake in Team in the 2nd quarter valued at $118,000. Barclays PLC raised its holdings in shares of Team by 7.3% during the 3rd quarter. Barclays PLC now owns 274,706 shares of the business services provider’s stock valued at $4,189,000 after buying an additional 18,733 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Team by 10.3% during the 3rd quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider’s stock valued at $647,000 after buying an additional 3,973 shares during the period. 46.57% of the stock is currently owned by institutional investors and hedge funds.

Team Company Profile

Team, Inc, together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, Europe, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments.