inTEST Co. (NYSE:INTT - Get Free Report) CEO Richard N. Jr. Grant sold 20,000 shares of the company's stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $12.80, for a total value of $256,000.00. Following the sale, the chief executive officer now owns 215,217 shares of the company's stock, valued at $2,754,777.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
inTEST Stock Up 1.5 %
NYSE INTT opened at $12.12 on Friday. The business has a fifty day moving average price of $11.83 and a two-hundred day moving average price of $12.69. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.53 and a quick ratio of 2.70. inTEST Co. has a fifty-two week low of $10.66 and a fifty-two week high of $27.17. The stock has a market capitalization of $147.38 million, a PE ratio of 11.82 and a beta of 1.97.
inTEST (NYSE:INTT - Get Free Report) last announced its quarterly earnings results on Wednesday, March 27th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.04. The company had revenue of $27.88 million during the quarter, compared to the consensus estimate of $32.70 million. inTEST had a net margin of 8.02% and a return on equity of 13.46%. Equities analysts expect that inTEST Co. will post 1.04 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
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Separately, StockNews.com cut inTEST from a "buy" rating to a "hold" rating in a research note on Saturday, April 6th.
View Our Latest Report on inTEST
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. State of Wyoming acquired a new position in shares of inTEST during the second quarter worth $35,000. Tower Research Capital LLC TRC increased its holdings in shares of inTEST by 69.2% during the third quarter. Tower Research Capital LLC TRC now owns 2,066 shares of the company's stock worth $31,000 after buying an additional 845 shares in the last quarter. Advisor Group Holdings Inc. increased its holdings in shares of inTEST by 329.8% during the first quarter. Advisor Group Holdings Inc. now owns 2,579 shares of the company's stock worth $92,000 after buying an additional 1,979 shares in the last quarter. California State Teachers Retirement System acquired a new position in shares of inTEST during the second quarter worth $94,000. Finally, UBS Group AG increased its holdings in inTEST by 28.4% in the first quarter. UBS Group AG now owns 3,748 shares of the company's stock valued at $78,000 after purchasing an additional 829 shares during the period. 63.18% of the stock is currently owned by institutional investors and hedge funds.
inTEST Company Profile
(
Get Free Report)
inTEST Corporation provides test and process technology solutions for use in manufacturing and testing in automotive, defense/aerospace, industrial, life sciences, security, and semiconductor markets worldwide. The company operates through three segments: Electronic Test, Environmental Technologies, and Process Technologies.
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