Director McGinnis Pamela J. purchased 1,332 shares of TISI across 3 transactions totaling $25,560.08 from Aug 15–19.
McGinnis purchased 1,332 shares over three consecutive trading days (Aug 15–19) with a blended average price of $19.19, establishing an initial position in TISI. The company is currently unprofitable, with net income of $-4.3M in its latest quarter and negative full-year net income, while revenue contracted 1.2% year-over-year. The stock is trading 26.8% below its 52-week high and currently at $18.52, below the blended purchase price, though the 30-day trend shows a 6.6% gain. This multi-day accumulation by a director warrants examination of whether it reflects assessed value at these levels or other factors driving the decision.