Bard Associates Inc. Increases Holdings in inTEST Co. (NYSE:INTT)

Bard Associates Inc. grew its stake in inTEST Co. (NYSE:INTT) by 5.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 210,491 shares of the company’s stock after acquiring an additional 11,321 shares during the quarter. Bard Associates Inc. owned 1.70% of inTEST worth $1,808,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of INTT. Royce & Associates LP lifted its stake in shares of 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 in the last quarter. XTX Topco Ltd purchased a new position in inTEST in the 3rd quarter worth approximately $120,000. Geode Capital Management LLC lifted its position in inTEST by 6.6% in the 3rd quarter. Geode Capital Management LLC now owns 131,106 shares of the company’s stock valued at $957,000 after acquiring an additional 8,161 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in 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. Finally, AMH Equity Ltd increased its holdings in shares of inTEST by 1.7% in the 4th quarter. AMH Equity Ltd now owns 117,990 shares of the company’s stock worth $1,014,000 after purchasing an additional 1,990 shares in the last quarter. 63.18% of the stock is owned by hedge funds and other institutional investors.

inTEST Trading Down 2.4 %

NYSE:INTT opened at $8.15 on Tuesday. The company has a 50 day simple moving average of $8.62 and a two-hundred day simple moving average of $7.75. The company has a market cap of $100.86 million, a PE ratio of 35.44 and a beta of 1.84. The company has a current ratio of 2.26, a quick ratio of 1.38 and a debt-to-equity ratio of 0.08. inTEST Co. has a 12 month low of $6.28 and a 12 month high of $14.35.

Wall Street Analysts Forecast Growth

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

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.