inTEST (INTT) Upgraded at TheStreet

inTEST (NYSEAMERICAN:INTT) was upgraded by stock analysts at TheStreet from a “c+” rating to a “b-” rating in a research report issued to clients and investors on Wednesday.

Separately, Zacks Investment Research cut shares of inTEST from a “buy” rating to a “hold” rating in a research note on Saturday, May 12th.

INTT opened at $9.05 on Wednesday. inTEST has a twelve month low of $5.75 and a twelve month high of $10.25.

inTEST (NYSEAMERICAN:INTT) last posted its earnings results on Thursday, August 2nd. The semiconductor company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.10. The firm had revenue of $21.10 million during the quarter. inTEST had a net margin of 11.63% and a return on equity of 18.96%.

A number of large investors have recently modified their holdings of the stock. Geode Capital Management LLC grew its stake in inTEST by 26.4% during the fourth quarter. Geode Capital Management LLC now owns 45,734 shares of the semiconductor company’s stock valued at $394,000 after acquiring an additional 9,554 shares in the last quarter. Hancock Holding Co. grew its stake in inTEST by 35.6% during the first quarter. Hancock Holding Co. now owns 37,371 shares of the semiconductor company’s stock valued at $249,000 after acquiring an additional 9,803 shares in the last quarter. Acadian Asset Management LLC lifted its position in inTEST by 18.3% during the second quarter. Acadian Asset Management LLC now owns 63,455 shares of the semiconductor company’s stock valued at $463,000 after purchasing an additional 9,805 shares during the last quarter. Two Sigma Investments LP bought a new stake in inTEST during the fourth quarter valued at approximately $119,000. Finally, BlackRock Inc. lifted its position in inTEST by 3.2% during the second quarter. BlackRock Inc. now owns 553,929 shares of the semiconductor company’s stock valued at $4,044,000 after purchasing an additional 17,388 shares during the last quarter.

About inTEST

inTEST Corporation designs, manufactures, and markets thermal management products and semiconductor automated test equipment interface solutions worldwide. The company operates in two segments, Thermal Products (Thermal) and Electromechanical Semiconductor Products (EMS). The Thermal segment offers ThermoStream temperature management tools, MobileTemp systems, ThermoChambers, Thermal Platforms, ThermoChuck precision vacuum platform assemblies, Thermonics temperature conditioning products, and EKOHEAT and EASYHEAT induction heating systems.

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