Team Inc (TISI): Jeffery Gerald Davis , director of Team Inc purchased 1,500 shares on Mar 21, 2016. The Insider buying transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $28.25 per share for a total value of $42,443.48 according the SEC Form 4 Filing.
Company has been under the radar of several Street Analysts.Team is Upgraded by KeyBanc Capital Mkts to Overweight. Earlier the firm had a rating of Sector Weight on the company shares. The Rating was issued on Feb 11, 2016.
Currently the company Insiders own 7.4% of Team shares according to the proxy statements.Institutional Investors own 83.67% of Team shares.During last six month period, the net percent change held by insiders has seen a change of -9.89%.
Team: On Monday, Apr 11, 2016 heightened volatility was witnessed in Team which led to swings in the share price. The shares opened for trading at $29.37 and hit $30.96 on the upside , eventually ending the session at $29.72, with a gain of 1.16% or 0.34 points. The heightened volatility saw the trading volume jump to 2,12,812 shares. The 52-week high of the share price is $47.55 and the company has a market cap of $889 M . The 52-week low of the share price is at $21.61.
Team Inc. (Team) provides specialty industrial services including inspection and assessment required in maintaining high temperature and high pressure piping systems and vessels that are utilized in the refining petrochemical power pipeline and other heavy industries. The Company conducts its operations in three segments: Inspection and Heat Treating Services (IHT) Group Mechanical Services (MS) Group and Quest Integrity (Quest Integrity) Group. Its services fall into three different classifications: inspection and assessment services turnaround services and on-stream services. The Company’s industrial services are marketed by its personnel based at its service locations. IHT offers both inspection services and heat treating services which are generally associated with turnaround or project activities. MS offers both on-stream services and turnaround/project related services. Quest Integrity offers integrity management solutions to the energy industry.