Corre Partners Management, Llc Purchases 2,800 Shares of Team, Inc. (NYSE:TISI) Stock

Team, Inc. (NYSE:TISIGet Free Report) major shareholder Corre Partners Management, Llc purchased 2,800 shares of Team stock in a transaction dated Monday, June 3rd. The stock was bought at an average price of $7.32 per share, for a total transaction of $20,496.00. Following the completion of the transaction, the insider now directly owns 1,555,520 shares in the company, valued at $11,386,406.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Corre Partners Management, Llc also recently made the following trade(s):

  • On Tuesday, May 21st, Corre Partners Management, Llc bought 6,122 shares of Team stock. The shares were bought at an average price of $7.00 per share, for a total transaction of $42,854.00.
  • On Thursday, March 28th, Corre Partners Management, Llc purchased 12,857 shares of Team stock. The stock was bought at an average cost of $7.10 per share, with a total value of $91,284.70.
  • On Monday, March 25th, Corre Partners Management, Llc acquired 4,580 shares of Team stock. The shares were purchased at an average cost of $6.90 per share, for a total transaction of $31,602.00.
  • On Thursday, March 21st, Corre Partners Management, Llc bought 5,250 shares of Team stock. The stock was purchased at an average cost of $6.26 per share, with a total value of $32,865.00.
  • On Tuesday, March 19th, Corre Partners Management, Llc purchased 20,342 shares of Team stock. The shares were acquired at an average cost of $5.71 per share, for a total transaction of $116,152.82.

Team Stock Down 2.5 %

Shares of NYSE TISI opened at $8.05 on Friday. Team, Inc. has a 1-year low of $5.05 and a 1-year high of $11.25. The company has a quick ratio of 1.52, a current ratio of 1.74 and a debt-to-equity ratio of 11.41. The company has a fifty day moving average price of $7.39 and a 200 day moving average price of $6.83.

Team (NYSE:TISIGet Free Report) last announced its quarterly earnings results on Tuesday, May 14th. The business services provider reported ($3.33) EPS for the quarter. The firm had revenue of $199.60 million during the quarter. Team had a negative net margin of 7.93% and a negative return on equity of 89.91%.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Team in a report on Friday. They set a “buy” rating on the stock.

Check Out Our Latest Report on Team

Institutional Trading of Team

An institutional investor recently raised its position in Team stock. Barclays PLC boosted its position in Team, Inc. (NYSE:TISIFree Report) by 16.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 215,000 shares of the business services provider’s stock after purchasing an additional 30,591 shares during the quarter. Barclays PLC owned about 4.92% of Team worth $1,494,000 at the end of the most recent reporting period. Institutional investors own 46.57% of the company’s stock.

Team Company Profile

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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.

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

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