Algert Global LLC acquired a new stake in inTEST Co. (NYSEMKT:INTT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 138,237 shares of the semiconductor company’s stock, valued at approximately $919,000.
Separately, Spark Investment Management LLC raised its stake in shares of inTEST by 502.1% in the second quarter. Spark Investment Management LLC now owns 85,500 shares of the semiconductor company’s stock worth $568,000 after buying an additional 71,300 shares in the last quarter.
Shares of inTEST Co. (NYSEMKT INTT) opened at 7.40 on Thursday. The stock’s 50 day moving average is $7.45 and its 200-day moving average is $6.65. inTEST Co. has a 52 week low of $3.65 and a 52 week high of $9.50. The stock has a market capitalization of $76.01 million and a price-to-earnings ratio of 16.44.
In related news, insider Kristen Holt Thompson sold 65,269 shares of the firm’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $7.09, for a total transaction of $462,757.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Thomas A. Satterfield, Jr. sold 16,231 shares of the firm’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $8.90, for a total value of $144,455.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 278,495 shares of company stock valued at $2,162,327.
inTEST Company Profile
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.
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