Could inTEST Corporation (INTT) Change Direction After Today’s Significant Increase?

September 17, 2017 - By wolcottdaily

Investors sentiment decreased to 0.8 in 2016 Q4. Its down 0.33, from 1.13 in 2016Q3. It is negative, as 7 investors sold inTEST Corporation shares while 3 reduced holdings. 2 funds opened positions while 6 raised stakes. 3.90 million shares or 0.75% more from 3.87 million shares in 2016Q3 were reported.
Nokomis Capital Lc holds 1.15% of its portfolio in inTEST Corporation (NYSEMKT:INTT) for 1.16M shares. 29,579 are held by Blackrock Fund Advisors. Grt Capital Prtnrs Limited Liability reported 23,398 shares stake. Lsv Asset Mngmt reported 93,000 shares. Blackrock Institutional Tru Na has 0% invested in inTEST Corporation (NYSEMKT:INTT). Northern Corporation accumulated 17,267 shares. Geode Capital Ltd Liability Corp has invested 0% of its portfolio in inTEST Corporation (NYSEMKT:INTT). Eagle Global Advsrs Limited Liability Company invested 0% of its portfolio in inTEST Corporation (NYSEMKT:INTT). Vanguard Inc stated it has 0% of its portfolio in inTEST Corporation (NYSEMKT:INTT). Seizert Capital Prns Limited invested in 100,946 shares or 0.02% of the stock. Essex Investment Mngmt Lc reported 26,364 shares. Renaissance Technologies Ltd Liability stated it has 0% of its portfolio in inTEST Corporation (NYSEMKT:INTT). Dimensional Fund Advsr Ltd Partnership accumulated 204,821 shares. Hightower Advisors Limited Co, a Illinois-based fund reported 61,618 shares. Moreover, California Pub Employees Retirement Systems has 0% invested in inTEST Corporation (NYSEMKT:INTT) for 31,576 shares.

Since May 8, 2017, it had 0 insider buys, and 6 insider sales for $1.40 million activity. SATTERFIELD THOMAS A JR also sold $348,876 worth of inTEST Corporation (NYSEMKT:INTT) shares. Thompson Kristen Holt also sold $201,618 worth of inTEST Corporation (NYSEMKT:INTT) shares.

The stock of inTEST Corporation (NYSEMKT:INTT) is a huge mover today! The stock increased 3.92% or $0.3 on September 15, reaching $7.95. About 58,351 shares traded or 17.03% up from the average. inTEST Corporation (NYSEMKT:INTT) has risen 107.79% since September 17, 2016 and is uptrending. It has outperformed by 91.09% the S&P500.
The move comes after 6 months positive chart setup for the $82.70M company. It was reported on Sep, 17 by Barchart.com. We have $8.59 PT which if reached, will make NYSEMKT:INTT worth $6.62 million more.

Analysts await inTEST Corporation (NYSEMKT:INTT) to report earnings on November, 2. They expect $0.14 EPS, up 27.27 % or $0.03 from last year’s $0.11 per share. INTT’s profit will be $1.46 million for 14.20 P/E if the $0.14 EPS becomes a reality. After $0.16 actual EPS reported by inTEST Corporation for the previous quarter, Wall Street now forecasts -12.50 % negative EPS growth.

More news for inTEST Corporation (NYSEMKT:INTT) were recently published by: Investorplace.com, which released: “13 Semiconductors & Semiconductor Equipment Stocks to Buy Now” on December 28, 2016. Seekingalpha.com‘s article titled: “inTest Corporation’s (INTT) inTEST Acquires Ambrell Corporation Brokers …” and published on May 25, 2017 is yet another important article.

inTEST Corporation is an independent designer, maker and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment , in the testing of integrated circuit (ICs). The company has market cap of $82.70 million. The Firm operates through three divisions: Thermal Products, Mechanical Products and Electrical Products. It has a 14.6 P/E ratio. The Company’s thermal products are sold into the environmental test market encompassing a range of markets, including the ATE, automotive, consumer electronics, defense/aerospace, energy, industrial and telecommunications markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.