inTEST Co. (NYSEMKT:INTT) CEO Robert E. Matthiessen sold 2,000 shares of the stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $10.00, for a total value of $20,000.00. Following the sale, the chief executive officer now directly owns 106,119 shares of the company’s stock, valued at $1,061,190. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
inTEST Co. (NYSEMKT:INTT) traded up 2.31% during midday trading on Friday, hitting $8.85. The stock had a trading volume of 112,524 shares. The stock has a market cap of $91.01 million and a P/E ratio of 16.21. The company has a 50-day moving average price of $8.52 and a 200-day moving average price of $7.69. inTEST Co. has a 52 week low of $3.80 and a 52 week high of $10.25.
ILLEGAL ACTIVITY NOTICE: “Robert E. Matthiessen Sells 2,000 Shares of inTEST Co. (NYSEMKT:INTT) Stock” was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this article can be viewed at https://www.dispatchtribunal.com/2017/10/28/intest-co-intt-ceo-robert-e-matthiessen-sells-2000-shares-of-stock.html.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in shares of inTEST by 42.3% during the second quarter. Dimensional Fund Advisors LP now owns 297,980 shares of the semiconductor company’s stock valued at $1,996,000 after buying an additional 88,559 shares during the last quarter. Algert Global LLC bought a new position in inTEST in the second quarter worth approximately $919,000. Vanguard Group Inc. grew its stake in inTEST by 14.4% in the second 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 in the last quarter. Seizert Capital Partners LLC grew its stake in inTEST by 5.2% in the second 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 in the last quarter. Finally, LSV Asset Management grew its stake in inTEST by 32.3% in the second 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 in the last quarter.
INTT has been the subject of several research reports. Dougherty & Co began coverage on shares of inTEST in a research note on Friday, October 6th. They set a “buy” rating and a $11.00 price target for the company. Sidoti began coverage on inTEST in a report on Tuesday, September 5th. They set a “buy” rating for the company.
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.
Receive News & Ratings for inTEST Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for inTEST Co. and related companies with MarketBeat.com's FREE daily email newsletter.