Renaissance Technologies LLC Reduces Stake in inTEST Co. $INTT

Renaissance Technologies LLC reduced its stake in shares of inTEST Co. (NYSE:INTT) by 9.6% during the 1st quarter, HoldingsChannel reports. The fund owned 450,209 shares of the company’s stock after selling 47,828 shares during the period. Renaissance Technologies LLC’s holdings in inTEST were worth $6,145,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in INTT. Jane Street Group LLC bought a new stake in shares of inTEST in the 4th quarter valued at approximately $88,000. Globeflex Capital L P purchased a new position in shares of inTEST in the 4th quarter worth approximately $121,000. Squarepoint Ops LLC bought a new position in shares of inTEST during the 3rd quarter valued at approximately $127,000. Franklin Resources Inc. bought a new position in shares of inTEST during the 3rd quarter valued at approximately $146,000. Finally, Daytona Street Capital LLC purchased a new stake in inTEST during the 4th quarter valued at $149,000. 63.18% of the stock is currently owned by hedge funds and other institutional investors.

inTEST Stock Up 8.4%

Shares of NYSE:INTT opened at $14.37 on Wednesday. The firm has a market capitalization of $180.56 million, a PE ratio of 62.48 and a beta of 1.47. The business has a 50 day simple moving average of $15.69 and a two-hundred day simple moving average of $14.34. inTEST Co. has a 1 year low of $6.63 and a 1 year high of $20.00. 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 News Roundup

Here are the key news stories impacting inTEST this week:

• Positive Sentiment: Northland Securities upgraded inTEST from “Market Perform” to “Outperform” and maintained a $15 price target, signaling increased confidence in the company’s outlook. Finviz
• Positive Sentiment: The analyst raised EPS forecasts for the third and fourth quarters of 2026 to $0.13 and $0.15, respectively, from $0.09 and $0.10. Northland also increased its estimates for the second, third and fourth quarters of 2027 to $0.18, $0.21 and $0.26 per share.
• Positive Sentiment: Northland projects FY2026 EPS of $0.43 and introduced a FY2030 EPS estimate of $1.28, suggesting substantial potential earnings growth over the longer term.
• Neutral Sentiment: The analyst’s $15 target remains close to the recent market price, implying limited near-term upside despite the more favorable rating.
• Negative Sentiment: Northland lowered its second-quarter 2026 EPS estimate to $0.04 from $0.10 and reduced its FY2026 forecast to $0.43 from $0.45. These cuts indicate near-term earnings pressure and partly offset the upgrades to later-period estimates.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Northland Securities upgraded inTEST from a “market perform” rating to an “outperform” rating and set a $15.00 price target for the company in a research report on Monday. Zacks Research cut shares of inTEST from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, inTEST currently has an average rating of “Moderate Buy” and a consensus target price of $17.00.

inTEST Company Profile

inTEST Corporation (NYSE: INTT) is a developer and manufacturer of precision instrumentation and test solutions designed for the semiconductor, microelectronics and related manufacturing industries. The company’s offerings focus on thermal management and instrument interface technologies that support the environmental conditioning and electrical performance evaluation of devices under test. These solutions include temperature controllers and cyclers, thermal subsystems, load boards, connectors and custom test interfaces engineered to accelerate reliability testing, product qualification and high-volume production measurement.

Serving customers across North America, Europe and Asia, inTEST supports semiconductor fabs, assembly and packaging facilities, research laboratories and OEM equipment builders.