Team, Inc. (TISI)

Over the past six months, Team, Inc.'s stock (TISI) has experienced several notable events. In Q3 2025, the company reported revenue growth and an increase in adjusted EBITDA. The company's Q2 2025 earnings were released on August 12, 2025. Gary Hill was appointed as the new CEO, succeeding Keith Tucker. Changes were made to the board of directors with Stellex nominees joining. Team, Inc. announced a private placement of preferred stock. There were insider trading activities reported, including share sales by Director Jeffery Gerald Davis and purchases by Director Anthony R. Horton, with Corre Partners Management, LLC also making significant share purchases. The stock price declined by 14.86% over the six months leading up to February 6, 2026.

Team, Inc. experiences demand seasonality in its business activities. The company typically sees negative working capital and liquidity impacts in the period leading up to the higher activity levels that are routinely experienced during the spring and fall turnaround seasons. Historically, these negative working capital trends have reversed during these peak activity periods. This seasonality is driven by the nature of maintenance and inspection work in heavy industries, which often aligns with planned shutdowns and turnarounds of facilities.

Team, Inc. (TISI) is a global provider of specialized industrial services, offering mechanical, heat-treating, and inspection services. The company operates within the Industrials sector, specifically in the Professional & Commercial Services and Specialty Business Service industries. Team, Inc. is headquartered in Sugar Land, Texas, and was founded in 1973. The company's services are delivered through two primary segments: Inspection and Heat Treating (IHT) and Mechanical Services (MS). The IHT segment provides non-destructive evaluation and testing, along with pipeline integrity management and field heat-treating services. The MS segment focuses on solutions for both operational and off-line asset states, including leak repair, engineered composite repair, and valve management services. These services are crucial for maintaining and installing high-temperature and high-pressure piping systems and vessels used extensively in refining, petrochemicals, power, pipeline, and other heavy industries.

Team, Inc. has a significant global presence, operating across more than 20 countries with 220 locations. The company provides its services in the United States, Canada, and internationally. Specific international operations mentioned include Europe, Venezuela, Colombia, and Singapore.

Team, Inc. reported positive financial developments in its Q3 2025 earnings, with revenue growth and increased adjusted EBITDA, indicating operational improvements. The planned leadership transition with the appointment of Gary Hill as the new CEO suggests a strategic move for future growth. The company has also focused on strategic initiatives to improve margins, cost discipline, and cash flow generation. Despite these operational efforts, the stock price has seen a decline over the past year, which could influence investor perception.

Team, Inc. has significant institutional ownership, with 46.57% to 58.24% of its stock owned by institutional investors. The company has 45 institutional owners and shareholders, including Corre Partners Management, LLC, Barclays Plc, and Vanguard Group Inc. Individual owners mentioned in recent insider trading activities include Michael Caliel, Anthony R. Horton, and Jeffery Gerald Davis.