Team, Inc. (NYSE:TISI – Get Free Report) major shareholder Corre Partners Management, Llc acquired 4,000 shares of the stock in a transaction on Friday, June 14th. The stock was bought at an average price of $8.29 per share, for a total transaction of $33,160.00. Following the transaction, the insider now owns 1,559,520 shares in the company, valued at approximately $12,928,420.80. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own 10% or more 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 Monday, June 3rd, Corre Partners Management, Llc bought 2,800 shares of Team stock. The shares were acquired at an average price of $7.32 per share, for a total transaction of $20,496.00.
- On Tuesday, May 21st, Corre Partners Management, Llc bought 6,122 shares of Team stock. The shares were acquired 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 bought 12,857 shares of Team stock. The shares were acquired at an average price of $7.10 per share, for a total transaction of $91,284.70.
- On Monday, March 25th, Corre Partners Management, Llc bought 4,580 shares of Team stock. The shares were acquired at an average price 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 shares were acquired at an average price of $6.26 per share, for a total transaction of $32,865.00.
- On Tuesday, March 19th, Corre Partners Management, Llc bought 20,342 shares of Team stock. The shares were acquired at an average price of $5.71 per share, for a total transaction of $116,152.82.
Team Stock Down 2.5 %
NYSE TISI opened at $7.70 on Wednesday. The business has a fifty day moving average price of $7.36 and a 200 day moving average price of $6.90. Team, Inc. has a one year low of $5.05 and a one year high of $11.25. The company has a debt-to-equity ratio of 11.41, a current ratio of 1.74 and a quick ratio of 1.52.
Institutional Trading of Team
A hedge fund recently raised its stake in Team stock. Barclays PLC grew its stake in Team, Inc. (NYSE:TISI – Free Report) by 16.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 215,000 shares of the business services provider’s stock after acquiring an additional 30,591 shares during the quarter. Barclays PLC owned about 4.92% of Team worth $1,494,000 as of its most recent SEC filing. 46.57% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on Team in a research note on Saturday. They issued a “buy” rating for the company.
Get Our Latest Stock Analysis on Team
About Team
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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