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Team Inc CFO Roeder buys $206,040 in common stock

Team Inc CFO Roeder buys $206,040 in common stock

Clinton William Roeder, Chief Financial Officer of TEAM INC (NYSE:TISI), recently purchased 9,000 shares of the company's common stock on August 21, 2026. The transactions amounted to $206,040, with share prices ranging from $22.84 to $22.9 per share. As a result of this insider acquisition, Roeder now owns 9,000 shares of TEAM INC common stock.

The recent surge in TISI shares, up 56% over the past six months and trading at $23.08, follows the insider purchase. However, InvestingPro analysis suggests that the stock may be overvalued, given the company's market cap of $105.78 million. Investors can access additional ProTips and valuation metrics on the platform. Meanwhile, Team Inc. reported a 7.6% decline in second-quarter revenue, dropping to $229 million from $248 million.

The decrease was attributed to reduced mechanical services activity and postponed turnaround work. Despite this, stakeholders are showing interest in the company's transformation plan and premium stock purchase by Stellex Capital Management. The company also announced a commitment to cost savings, further drawing attention from investors.

Adjusted EBITDA fell to $13.7 million from $24.5 million the previous year, signaling ongoing financial challenges. Team Inc. is closely monitored as investors assess how these developments will impact the company's future performance.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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