inTEST Co. (INTT) Major Shareholder Sells $1,128,000.00 in Stock

inTEST Co. (NYSEMKT:INTT) major shareholder Nokomis Capital, L.L.C. sold 120,000 shares of the business’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $9.40, for a total value of $1,128,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Shares of inTEST Co. (NYSEMKT INTT) traded down 1.845% on Thursday, hitting $9.521. The stock had a trading volume of 135,747 shares. The company has a 50-day moving average of $8.36 and a 200-day moving average of $7.59. inTEST Co. has a 52-week low of $3.80 and a 52-week high of $10.25. The company has a market cap of $97.91 million and a P/E ratio of 17.438.

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Several institutional investors have recently modified their holdings of INTT. Dimensional Fund Advisors LP raised its position in shares of inTEST by 42.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 297,980 shares of the semiconductor company’s stock worth $1,996,000 after purchasing an additional 88,559 shares during the last quarter. Algert Global LLC acquired a new position in shares of inTEST during the 2nd quarter worth about $919,000. Vanguard Group Inc. raised its position in shares of inTEST by 14.4% during the 2nd quarter. Vanguard Group Inc. now owns 132,788 shares of the semiconductor company’s stock worth $890,000 after purchasing an additional 16,716 shares during the last quarter. Seizert Capital Partners LLC raised its position in shares of inTEST by 5.2% during the 2nd quarter. Seizert Capital Partners LLC now owns 106,163 shares of the semiconductor company’s stock worth $706,000 after purchasing an additional 5,217 shares during the last quarter. Finally, LSV Asset Management raised its position in shares of inTEST by 32.3% during the 2nd quarter. LSV Asset Management now owns 92,500 shares of the semiconductor company’s stock worth $619,000 after purchasing an additional 22,600 shares during the last quarter.

INTT has been the subject of a number of recent research reports. Dougherty & Co initiated coverage on inTEST in a research note on Friday, October 6th. They issued a “buy” rating and a $11.00 target price for the company. Sidoti began coverage on inTEST in a research note on Tuesday, September 5th. They issued a “buy” rating for the company.

About inTEST

inTEST Corporation is an independent designer, manufacturer and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment (ATE), in the testing of integrated circuit (ICs). The Company operates through three segments: Thermal Products, Mechanical Products and Electrical Products.

Insider Buying and Selling by Quarter for inTEST (NYSEMKT:INTT)

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