Key Points
- inTEST CEO Richard Jr. Grant sold 1,636 shares on March 18 at an average price of $14.28, receiving $23,362 and reducing his stake by 0.76% to 212,730 shares (≈$3.04M), according to an SEC filing.
- Shares and valuation: INTT traded down about 0.5% to $14.18 on light volume (9,596 vs. average 93,986), with a market cap of ~$177M, a P/E of ~61.6 and a 12‑month range of $5.24–$15.14.
- Institutional and analyst positioning: Institutions own roughly 63.2% of the stock and several funds recently increased holdings, while Lake Street lifted its price target to $19; consensus rating is currently "Hold" (one Buy, two Hold).
inTEST Co. (NYSE:INTT - Get Free Report) CEO Richard Jr. Grant sold 1,636 shares of the company's stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $14.28, for a total value of $23,362.08. Following the transaction, the chief executive officer directly owned 212,730 shares of the company's stock, valued at approximately $3,037,784.40. This represents a 0.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
inTEST Stock Down 0.5%
Shares of INTT traded down $0.07 during mid-day trading on Thursday, reaching $14.18. The company's stock had a trading volume of 9,596 shares, compared to its average volume of 93,986. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.26 and a quick ratio of 1.38. inTEST Co. has a 12-month low of $5.24 and a 12-month high of $15.14. The stock has a market cap of $176.95 million, a PE ratio of 61.63 and a beta of 1.58. The company's 50 day moving average is $10.57 and its 200 day moving average is $8.79.
Institutional Trading of inTEST
A number of large investors have recently made changes to their positions in the company. Jane Street Group LLC grew its stake in inTEST by 28.4% during the 1st quarter. Jane Street Group LLC now owns 40,643 shares of the company's stock worth $284,000 after buying an additional 8,999 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of inTEST by 0.6% in the second quarter. Ameriprise Financial Inc. now owns 517,962 shares of the company's stock valued at $3,771,000 after acquiring an additional 2,907 shares during the period. Bailard Inc. purchased a new position in shares of inTEST during the third quarter worth approximately $251,000. Vanguard Group Inc. increased its holdings in shares of inTEST by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 765,302 shares of the company's stock valued at $5,977,000 after acquiring an additional 11,561 shares during the period. Finally, GSA Capital Partners LLP raised its position in inTEST by 39.2% in the 3rd quarter. GSA Capital Partners LLP now owns 28,860 shares of the company's stock valued at $225,000 after purchasing an additional 8,130 shares during the last quarter. 63.18% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Lake Street Capital boosted their price objective on shares of inTEST from $10.00 to $19.00 and gave the stock a "buy" rating in a research report on Monday, March 2nd. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $19.00.
Read Our Latest Report on INTT
About inTEST
(
Get Free Report)
inTEST Corporation (NYSE: INTT) is a developer and manufacturer of precision instrumentation and test solutions designed for the semiconductor, microelectronics and related manufacturing industries. The company's offerings focus on thermal management and instrument interface technologies that support the environmental conditioning and electrical performance evaluation of devices under test. These solutions include temperature controllers and cyclers, thermal subsystems, load boards, connectors and custom test interfaces engineered to accelerate reliability testing, product qualification and high-volume production measurement.
Serving customers across North America, Europe and Asia, inTEST supports semiconductor fabs, assembly and packaging facilities, research laboratories and OEM equipment builders.
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