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

AMH Equity Ltd grew its holdings in shares of inTEST Co. (NYSE:INTT) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 117,990 shares of the company’s stock after buying an additional 1,990 shares during the quarter. inTEST accounts for approximately 1.0% of AMH Equity Ltd’s holdings, making the stock its 25th biggest holding. AMH Equity Ltd owned approximately 0.95% of inTEST worth $1,014,000 as of its most recent SEC filing.

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

inTEST Stock Performance

inTEST stock opened at $8.29 on Thursday. inTEST Co. has a fifty-two week low of $6.28 and a fifty-two week high of $14.35. The company has a market capitalization of $102.59 million, a PE ratio of 36.05 and a beta of 1.84. The company has a 50 day moving average price of $8.58 and a 200-day moving average price of $7.71. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.38 and a current ratio of 2.26.

Analysts Set New Price Targets

INTT has been the topic of several recent analyst reports. Northland Securities increased their target price on shares of inTEST from $13.00 to $16.00 and gave the company an “outperform” rating in a research note on Wednesday, January 8th. Northland Capmk raised shares of inTEST from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 2nd.

About inTEST

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.