Exploring Team, Inc. (TISI) Investor Profile: Who’s Buying and Why?

You're looking at Team, Inc. (TISI) and seeing a small-cap stock-a market capitalization of only about $71.53 million as of November 2025-but the ownership structure tells a much more complex story about who is betting on this turnaround.

Institutional investors, the big money funds, own a substantial chunk, roughly 58.08% of the company, and when you factor in the largest holder, Corre Partners Management LLC, their 1,587,296 shares represent a staggering 35.28% concentration of the stock, which is defintely not typical for a micro-cap. Why are these sophisticated players sticking around, especially after the company reported a Q2 2025 revenue increase of 8.5% to $248.0 million, yet still carries a total debt of $370.2 million? The Inspection and Heat Treating segment's 15.2% revenue growth is a bright spot, but the real driver is the projected full-year 2025 Adjusted EBITDA growth of at least 15% year-over-year, coupled with the March 2025 refinancing that pushed term loan maturities out to 2030.

So, is this a deep-value play on an industrial services provider executing a cost-saving program expected to generate $10 million in annual savings, or a high-risk gamble on a heavily indebted company? Let's break down the TISI investor profile: who is buying, why they believe the transformation is working, and what that concentration of ownership means for your investment decisions.

Who Invests in Team, Inc. (TISI) and Why?

If you're looking at Team, Inc. (TISI), you're not looking at a stable blue-chip; you're looking at a classic turnaround story, and the investor base reflects that high-stakes, high-reward profile. The simple takeaway is this: the majority of the stock is held by institutional players betting on the operational pivot, but a significant portion remains with retail investors who are riding the volatility.

The company, a global provider of specialty industrial services like inspection and heat treating, is a complex mix of deep-value potential and high financial risk, specifically due to its debt load. This makes it a playground for sophisticated investors who specialize in special situations, plus a large contingent of individual investors looking for a high-beta trade.

Key Investor Types: The Ownership Breakdown

The ownership structure of Team, Inc. is heavily skewed toward professional money managers, though the float remains accessible. As of the third quarter of 2025, institutional investors-the big banks, mutual funds, and hedge funds-control approximately 58.08% of the outstanding shares. This is a high concentration that signals professional conviction in the company's restructuring efforts.

Insider ownership, meaning executives and board members, stands at a healthy 4.5%, which is a positive sign. Their interests are defintely aligned with external shareholders, especially given the recent high-impact open-market purchases from insiders. The remaining stake, roughly 37.42%, is held by retail investors. That's a huge slice of the pie for a company with a market capitalization fluctuating between $69.49 million and $84.66 million in November 2025.

• Institutional Investors: The largest block, focused on the turnaround.
• Retail Investors: A large, volatile cohort tracking short-term price movements.
• Insiders: Management and board members, whose recent buying signals confidence.

Investment Motivations: Betting on the Turnaround

Investors aren't buying TISI for a dividend; the company has not paid one in decades, which makes sense given its focus on debt reduction and operational improvements. The entire investment thesis for 2025 is centered on a value-play and growth in their core business segments.

The core motivation is the operational efficiency and margin expansion story. For the full year 2025, management is projecting an Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) growth of approximately 13%, a clear sign of improving profitability. The Inspection and Heat Treating (IHT) segment is the star, delivering 15.2% revenue growth in the second quarter of 2025. Plus, the successful refinancing in March 2025, which extended term loan maturities to 2030, and the $75 million private placement of preferred stock with Stellex Capital Management in September 2025, have provided much-needed financial breathing room.

Here's the quick math: you have a company with trailing twelve-month revenue of approximately $884.95 million that is finally showing strong operational leverage, like the 8.4% gross margin improvement in Q3 2025. That's what attracts the big money. If you want to dive deeper into the strategic pivot, you should read the Mission Statement, Vision, & Core Values of Team, Inc. (TISI).

Investment Strategies: Value, Volatility, and Special Situations

The strategies at play for Team, Inc. are a mix of long-term and highly active short-term bets. This isn't a stock for a buy-and-hold index fund, but even passive giants like Blackrock, Inc. and Vanguard Group Inc. hold positions, likely due to their mandate to track the entire market.

The dominant strategy is Value Investing (or a Special Situation play). These investors believe the stock is deeply undervalued relative to its intrinsic worth, provided the turnaround succeeds. They are focusing on the reduction of the total debt of $353.6 million (as of March 31, 2025) and the path to a sustained positive net income. Hedge funds like Corre Partners Management, LLC are actively involved, suggesting a belief that management's execution on cost discipline will lead to a re-rating of the stock.

On the other end, the high volatility and relatively low share price (the 52-week low was $11.12) attract Short-Term Traders. They are playing the swings around earnings reports-like the 14.9% stock surge after the Q2 2025 earnings release-and the general sentiment, which, despite the positive financial news, remains technically 'Bearish' as of November 2025.

What this estimate hides is the risk. If the expected cost savings and revenue growth in the Mechanical Services (MS) segment don't materialize, or if the debt remains a drag, the stock has a lot of downside. Still, the active buying by insiders and the conviction of major institutional holders suggest a belief that the worst is over.

Finance: Track the Q4 2025 Adjusted EBITDA margin to confirm the 10% target is met by the next earnings call.

Institutional Ownership and Major Shareholders of Team, Inc. (TISI)

You're looking at Team, Inc. (TISI) and trying to figure out who's really calling the shots, which is smart. The simple takeaway is that institutional investors-the large funds and asset managers-hold a significant stake, and their recent maneuvering in 2025, especially the strategic investment by Stellex Capital Management LLC, is driving the company's financial restructuring and strategic direction.

As of the third quarter of 2025, institutional ownership sits around 46.57% of the company's stock, representing a substantial block of shares that dictates trading volume and often influences corporate governance. That's a big chunk of the float, so their collective buying and selling matters a lot for price momentum. The total institutional shares held were approximately 2,610,144 as of the most recent filings, with a total value of holdings around $42 million.

Top Institutional Investors: Who Holds the Keys?

When you peel back the layers on TISI's ownership, you find a mix of specialized hedge funds and massive index-tracking firms. The largest shareholder isn't a household name like BlackRock, Inc. or Vanguard Group Inc., but a more focused player: Corre Partners Management, LLC. This tells you that a significant portion of the stock is held by investors with a high-conviction, concentrated view of the company's potential turnaround.

Here's a snapshot of the largest institutional holders and their positions based on Q3 2025 filings:

It's interesting to note that while BlackRock, Inc. holds a position of 54,526 shares, it's a much smaller stake than you might expect from a behemoth, suggesting that a large portion of the institutional interest is driven by active management, not just passive indexing.

Recent Shifts: Are Funds Buying or Selling TISI?

The trend in 2025 shows a mixed, but generally accumulating, picture from institutional investors. You see a clear divergence: some funds are aggressively adding to their positions, while others are trimming or exiting. This kind of action signals a fundamental disagreement on the near-term outlook, which is defintely something to watch.

The most recent 13F filings for the third quarter of 2025 show that institutions increased their positions in TISI by a net total, with 37,726 shares bought versus 26,759 shares sold among a portion of the institutional holders.

• Buyers: AMH Equity Ltd raised its stake by a significant 12.843% (adding 10,274 shares), and Barclays Plc increased its holding by 3.459% (adding 10,014 shares).
• Sellers: Northern Trust Corp showed a major reduction, decreasing its position by a sharp 39.479% (selling 14,420 shares).
• New Strategic Money: The most important shift was the September 2025 investment by Stellex Capital Management LLC, which involved a $75 million private placement of preferred stock and warrants.

This Stellex deal is key because it's not just a stock purchase; it's a strategic capital injection that directly impacts the balance sheet and corporate strategy, which we'll cover next. This is a vote of confidence, but it comes with strings attached.

Impact of Institutional Investors on Strategy and Stock

Institutional investors don't just move the stock price; they fundamentally alter the company's trajectory, especially in a restructuring story like Team, Inc. (TISI). Their sheer volume of shares means their trading patterns create volatility, with the stock's high beta of 1.78 reflecting this sensitivity.

The most concrete example of this influence in 2025 is the Stellex Capital investment. Their $75 million capital injection allowed TISI to reduce existing debt by approximately $67 million and secure more favorable credit facilities. Here's the quick math: that debt reduction immediately improves the company's financial flexibility and liquidity, which is critical for a service-based business. Plus, the investment led to Stellex nominees joining the Board of Directors in October 2025, giving them direct oversight and a hand in the company's strategic decisions.

Ultimately, these large investors are demanding a clear path to profitability and improved operational efficiency. Management projects full-year 2025 revenue growth of approximately 5% and adjusted EBITDA growth of 13%, maintaining an adjusted EBITDA margin of at least 10%, which are the targets set to satisfy these powerful shareholders.

If you want to understand the full context of this shift, you should look at the company's journey: Team, Inc. (TISI): History, Ownership, Mission, How It Works & Makes Money. The next step is to monitor the new board members and their execution of the cost discipline and margin improvement initiatives they've promised.

Key Investors and Their Impact on Team, Inc. (TISI)

You need to know who's really driving the bus at Team, Inc. (TISI), and the answer is clear: institutional money, particularly a single, highly concentrated investor. As of the third quarter of 2025, institutional investors hold a commanding 58.08% of the stock, but the real power lies with the largest shareholder, Corre Partners Management, LLC, whose massive stake gives them significant leverage over capital structure decisions.

This isn't a widely-held stock; it's a value play where a few large funds are betting on the turnaround. This level of concentrated ownership means their buying and selling can defintely move the share price, plus their voice carries serious weight with management.

Notable Investors and Their Concentrated Stakes

Team, Inc.'s investor profile is dominated by a few key players, which is typical for a smaller-cap company undergoing a financial transformation. The most critical name is Corre Partners Management, LLC, which is not just an institutional holder but also has an insider role, making their position highly influential. They are essentially a strategic partner, not just a passive fund.

For context, here is a snapshot of the largest institutional holders and their positions as of September 30, 2025:

Here's the quick math: Corre Partners alone owns over a third of the company's stock, making them the single most important external factor in its equity valuation.

Recent Moves and the Turnaround Bet

The recent trading action from these key investors tells a story of confidence in the company's operational improvements, particularly following the Q2 2025 results that saw Adjusted EBITDA jump 12.4% to $24.5 million.

• Corre Partners' Insider Buying: This entity, which also serves as a debt holder, has been a consistent buyer, making 9 purchases of TISI stock in the six months leading up to August 2025, acquiring an estimated 27,776 shares for about $525,924.
• Institutional Accumulation: In the first half of 2025, there was a clear trend of institutional accumulation. In Q1 2025, BARCLAYS PLC added 43,820 shares, and AMH EQUITY LTD increased its stake by 12.843% in Q3 2025.
• Net Buying Signal: Overall, 12 institutional investors added to their positions in the most recent quarter, versus only 5 that decreased, indicating a net positive sentiment among the professional money managers.

This buying activity is a tangible sign that the market's big players believe Team, Inc. can hit its full-year 2025 goal of at least 15% year-over-year growth in Adjusted EBITDA.

Investor Influence: Capital Structure and Strategy

The influence of these investors, especially Corre Partners Management, LLC, extends beyond just stock price. Their significant ownership position gives them a direct line to corporate governance and strategic direction. When you have a single investor with a 35% stake, they effectively have veto power over many major corporate decisions, like mergers or significant asset sales.

A concrete example of this influence is the successful refinancing transaction in March 2025, which extended the term loan maturities out to 2030. This was a critical move to stabilize the balance sheet, which showed total debt of $370.2 million as of June 30, 2025. The ability to execute such a complex, long-term debt restructuring is often facilitated by the cooperation and support of major debt and equity holders like Corre Partners. They are invested in the long-term strategic success, which is focused on improving operational efficiency and profitability, as detailed in the Mission Statement, Vision, & Core Values of Team, Inc. (TISI).

What this estimate hides is the potential conflict between the long-term debt holders' desire for stability and the equity holders' push for aggressive growth, but for now, the alignment seems to be on financial de-risking and operational focus.

Next Step: Portfolio managers should monitor the upcoming Q4 2025 earnings release for an updated full-year Adjusted EBITDA forecast to confirm the continued execution of the turnaround strategy.

Market Impact and Investor Sentiment

The investor sentiment toward Team, Inc. (TISI) is best described as cautiously optimistic, a shift driven less by immediate profitability and more by the company's aggressive, successful debt restructuring and operational efficiency gains in 2025. You are seeing a clear divergence: insiders and a net group of institutional investors are buying, signaling confidence in the turnaround plan, even as the company reported a Q3 2025 net loss of $11.4 million.

This positive sentiment is grounded in the strategic financing completed in September 2025, where a preferred stock placement secured $75.0 million, materially reducing net debt to $288.0 million as of September 30, 2025. This balance sheet action was a crucial catalyst, proving to the market that the company can fund its transformation plan and stabilize its liquidity, which stood at $57.1 million. Smart money is betting on the turnaround, but they're not blind to the leverage.

The Signal from Institutional Holdings

Institutional ownership remains significant, controlling approximately 46.57% of Team, Inc.'s stock, which means large fund movements heavily influence the share price. In the most recent reporting quarter (Q2 2025), the trend was net positive accumulation: 15 institutional investors added to their positions while only 8 decreased them. This is a strong signal of conviction from sophisticated investors who see value in the industrial services provider's core business, despite the ongoing restructuring costs.

The market has responded sharply to these large investor moves. For instance, the stock experienced a single-day jump of 17% in October 2025 following the release of hedge fund activity data that showed significant accumulation. This volatility is typical for a stock in a deep turnaround, where any sign of institutional validation can trigger a major price swing. It defintely shows that the market is watching the big players closely.

Key institutional shifts highlight where the conviction lies:

• 22NW, LP: Added 136,255 shares, a massive 391.1% increase in their portfolio.
• AMH EQUITY LTD: Increased holdings by 72.8%, adding 33,693 shares.
• VANGUARD GROUP INC: Added 10,802 shares, a 7.2% increase, demonstrating passive fund confidence.

This net accumulation, coupled with positive insider sentiment-where open-market purchases by insiders exceeded sales by a large margin ($1.14 million in purchases versus $95.6K in sales over the last year)-paints a picture of internal belief in the company's future.

Analyst Consensus: Buy Signal, Realistic Target

Analyst perspectives on Team, Inc. are mixed, reflecting the high-risk, high-reward nature of the investment, but the overall consensus leans toward a 'Buy' from the broader group. Based on analysis from 11 firms, the consensus recommendation is a 'Buy,' with 5 'Buy' and 3 'Strong Buy' ratings, against a smaller 'Sell' rating from a single analyst. This is a critical distinction: while some analysts maintain a 'Sell' based on the historical risk profile, the larger group sees the value proposition.

The average 12-month price target, however, is around $10.20. This target, while lower than the stock's mid-November 2025 trading price of approximately $15.635, suggests that analysts are pricing in the execution risk of the transformation, even as they acknowledge the company's operational progress. You must view this target as a floor, not a ceiling, if the company hits its margin goals.

Analysts are primarily focused on the company's ability to achieve its stated full-year 2025 guidance of approximately 5% revenue growth and 13% Adjusted EBITDA growth. This growth is being driven by strong Q3 2025 results, where Adjusted EBITDA increased 28.6% to $14.5 million, the best third-quarter performance since 2016. The next major hurdle analysts are watching is the commitment to reaching a $\ge$10% Adjusted EBITDA margin over time, which will be the true determinant of long-term value creation. For a deeper dive into the numbers driving this sentiment, see Breaking Down Team, Inc. (TISI) Financial Health: Key Insights for Investors.

Here's the quick math on the operational improvement that analysts are rewarding: