Added to YB: 2026-05-05
Pitch date: 2026-04-30
TIC [neutral]
TIC Solutions, Inc.
Author Info
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Company Info
TIC Solutions, Inc. provides critical asset integrity services in North America. The company offers testing, inspection, certification, and compliance (TICC) services, including various nondestructive testing (NDT) techniques, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection.
Market Cap
$2.0B
Pitch Price
$9.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.73
P/E
-16.32
EV/Sales
2.14
Sector
Professional Services
Category
turnaround
[Insight #2] The Hidden Details in TIC 10-K/A Filing
TIC (update): Wright (8M shares, board member) filed 10b5-1 plan to sell 1.2M shares May'26-Mar'27 (15% stake, 0.54% float) into thin market. Heraud's 35,714 PSUs cancelled for missing NV5 integration targets; Q4 CE margin 47% vs 51.4% thesis. Four admin errors 3 months (Form 4s, 10b5-1 omission) signal back-office strain. Viking/Permian still in (35% combined), but zero insider buying despite $200M buyback authorized. May Investor Day critical for GEO metrics & margin roadmap. Thesis intact, operational cash flow strong, but execution risk elevated.
Read full article (5 min)