AMH Equity Ltd Increases Position in inTEST Co. (NYSE:INTT)

AMH Equity Ltd boosted its stake in shares of inTEST Co. (NYSE:INTT) by 1.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 117,990 shares of the company’s stock after purchasing an additional 1,990 shares during the quarter. inTEST makes up about 1.0% of AMH Equity Ltd’s investment portfolio, making the stock its 25th biggest position. AMH Equity Ltd’s holdings in inTEST were worth $1,014,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in INTT. XTX Topco Ltd purchased a new position in inTEST in the third quarter worth $120,000. JPMorgan Chase & Co. boosted its position in shares of inTEST by 42.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 37,481 shares of the company’s stock worth $274,000 after purchasing an additional 11,102 shares in the last quarter. Geode Capital Management LLC grew its stake in inTEST by 6.6% during the 3rd quarter. Geode Capital Management LLC now owns 131,106 shares of the company’s stock worth $957,000 after buying an additional 8,161 shares during the last quarter. Bard Associates Inc. increased its position in inTEST by 2.1% during the 3rd quarter. Bard Associates Inc. now owns 199,170 shares of the company’s stock valued at $1,454,000 after buying an additional 4,105 shares in the last quarter. Finally, Royce & Associates LP raised its stake in inTEST by 9.9% in the third quarter. Royce & Associates LP now owns 1,219,157 shares of the company’s stock valued at $8,900,000 after buying an additional 110,078 shares during the last quarter. Hedge funds and other institutional investors own 63.18% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on INTT shares. Northland Capmk upgraded inTEST from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 2nd. Northland Securities lifted their target price on shares of inTEST from $13.00 to $16.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 8th.

inTEST Price Performance

NYSE INTT opened at $8.29 on Thursday. The stock’s fifty day moving average price is $8.58 and its 200 day moving average price is $7.71. inTEST Co. has a 1 year low of $6.28 and a 1 year high of $14.35. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.26 and a quick ratio of 1.38. The company has a market cap of $102.59 million, a price-to-earnings ratio of 36.05 and a beta of 1.84.

inTEST Profile

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.