Pacific Ridge Capital Partners LLC Purchases 36,031 Shares of inTEST Co. (NYSE:INTT)

Pacific Ridge Capital Partners LLC raised its holdings in shares of inTEST Co. (NYSE:INTT - Free Report) by 6.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 582,483 shares of the company's stock after buying an additional 36,031 shares during the period. Pacific Ridge Capital Partners LLC owned about 4.71% of inTEST worth $5,004,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Royce & Associates LP raised its stake in inTEST by 17.5% during the 4th quarter. Royce & Associates LP now owns 1,433,099 shares of the company's stock worth $12,310,000 after acquiring an additional 213,942 shares during the period. First Eagle Investment Management LLC lifted its stake in shares of inTEST by 2.9% during the 4th quarter. First Eagle Investment Management LLC now owns 602,608 shares of the company's stock valued at $5,176,000 after buying an additional 16,744 shares in the last quarter. XTX Topco Ltd bought a new position in inTEST in the 3rd quarter worth $120,000. CM Management LLC increased its stake in inTEST by 4.3% in the 4th quarter. CM Management LLC now owns 365,000 shares of the company's stock worth $3,135,000 after buying an additional 15,000 shares in the last quarter. Finally, Bard Associates Inc. lifted its position in shares of inTEST by 5.7% in the fourth quarter. Bard Associates Inc. now owns 210,491 shares of the company's stock valued at $1,808,000 after acquiring an additional 11,321 shares in the last quarter. Hedge funds and other institutional investors own 63.18% of the company's stock.

Wall Street Analysts Forecast Growth

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

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inTEST Price Performance

Shares of INTT stock traded up $0.02 during trading hours on Monday, hitting $7.08. The stock had a trading volume of 7,965 shares, compared to its average volume of 77,657. The stock's 50-day moving average price is $8.22 and its two-hundred day moving average price is $7.85. inTEST Co. has a one year low of $6.28 and a one year high of $14.35. The stock has a market capitalization of $87.60 million, a price-to-earnings ratio of 30.78 and a beta of 1.90. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.26 and a quick ratio of 1.38.

inTEST (NYSE:INTT - Get Free Report) last issued its quarterly earnings data on Friday, March 7th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.09. inTEST had a return on equity of 5.31% and a net margin of 2.33%. During the same quarter in the previous year, the business posted $0.16 EPS. Equities analysts forecast that inTEST Co. will post 0.41 EPS for the current year.

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.