XTX Topco Ltd Acquires Shares of 16,494 inTEST Co. (NYSE:INTT)

XTX Topco Ltd bought a new position in inTEST Co. (NYSE:INTT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,494 shares of the company’s stock, valued at approximately $120,000. XTX Topco Ltd owned approximately 0.13% of inTEST as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of INTT. Bard Associates Inc. raised its holdings in shares of 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 acquiring an additional 4,105 shares in the last quarter. Royce & Associates LP raised its stake in shares of inTEST by 9.9% during the 3rd quarter. Royce & Associates LP now owns 1,219,157 shares of the company’s stock worth $8,900,000 after purchasing an additional 110,078 shares in the last quarter. Pacific Ridge Capital Partners LLC lifted its holdings in shares of inTEST by 23.1% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 460,914 shares of the company’s stock valued at $4,554,000 after buying an additional 86,632 shares during the last quarter. First Eagle Investment Management LLC grew its stake in shares of inTEST by 18.0% in the 2nd quarter. First Eagle Investment Management LLC now owns 564,364 shares of the company’s stock valued at $5,576,000 after buying an additional 86,100 shares in the last quarter. Finally, Redwood Wealth Management Group LLC acquired a new position in inTEST in the second quarter worth approximately $132,000. Institutional investors and hedge funds own 63.18% of the company’s stock.

Analysts Set New Price Targets

Separately, Northland Securities lifted their target price on shares of inTEST from $10.00 to $13.00 and gave the company a “market perform” rating in a research note on Monday, November 4th.

inTEST Price Performance

Shares of NYSE:INTT opened at $7.68 on Friday. 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 stock has a market capitalization of $95.04 million, a P/E ratio of 33.39 and a beta of 1.89. The business has a 50-day moving average of $7.56 and a two-hundred day moving average of $8.14. inTEST Co. has a fifty-two week low of $6.28 and a fifty-two week high of $14.35.

inTEST (NYSE:INTT) last announced its earnings results on Friday, November 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. inTEST had a return on equity of 5.31% and a net margin of 2.33%. The firm had revenue of $30.27 million during the quarter, compared to analysts’ expectations of $32.97 million. On average, equities research analysts predict that inTEST Co. will post 0.41 EPS for the current fiscal year.

inTEST Company 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.