InTest Corporation (INTT)

In the past six months, InTest Corp.'s stock price has been influenced by several factors. InTest reported a Q3 2025 net loss of $0.02 per share (adjusted), missing the forecasted EPS of $0.03, with revenue of $26.2 million falling short of the expected $29.09 million. InTest shares have experienced surges, approaching their 52-week high, driven by positive industry sentiment in the semiconductor testing and manufacturing equipment sector. The stock has also experienced declines due to broader market pressure on semiconductor and testing equipment stocks. A director, Gerald J. Maginnis, purchased 6,000 shares of common stock on November 19, 2025, valued at $44,640. In December 2025, InTest received a $3.7 million follow-on order for medical device testing systems from an existing customer.

InTest Corp.'s product and service demand exhibits seasonality, with the first and fourth quarters typically the weakest and the second and third quarters generally the strongest. This seasonality is often driven by mobile phone OEM product introductions and seasonal holiday activity. The Electronic Test segment is influenced by the IC production tempo of semiconductor companies, while the thermal systems segment has less correlation with IC production. Approximately two-thirds of quarterly sales are "turn business," and InTest generally has decent revenue visibility for three months out and some visibility for six months out.

InTest Corporation is a global supplier of test and process technology solutions, operating through three segments: Electronic Test, Environmental Technologies, and Process Technologies. The Electronic Test segment offers manipulators, docking hardware, and test interfaces. The Environmental Technologies segment specializes in temperature control systems. The Process Technologies segment provides induction heating systems and digital streaming solutions. InTest's sector is primarily Technology, specifically Semiconductor Equipment & Materials, and also includes Industrials, such as Machinery, Tools, Heavy Vehicles, Trains & Ships.

InTest Corporation is headquartered in Mount Laurel, New Jersey, with a significant global presence. Its products are manufactured in the U.S., Canada, and the Netherlands. The company conducts marketing and support activities worldwide, with facilities in the U.S., Canada, Germany, Singapore, the Netherlands, and the U.K. InTest has expanded its distributor channels, including General Bussan Co., Ltd. in Japan and Prodigy Processing Solutions.

In the past year, InTest Corp.'s brand reputation appears to be generally positive, particularly concerning customer satisfaction and industry recognition. The company achieved a 94% customer satisfaction rating in 2024. In April 2025, InTest EMS received the Texas Instruments (TI) 2024 Supplier Excellence Award. While the company's Q1 2025 earnings call presented a mixed sentiment due to revenue declines in some key segments, engineering delays, and market uncertainties, it also showcased strong cash generation and growth in emerging markets like automotive/EV and life sciences.

InTest Corp.'s ownership structure is predominantly institutional, with approximately 75% of the outstanding shares controlled by institutional investors. Major institutional holders include BlackRock, Inc., Ancora Advisors LLC, and Vanguard Group, Inc. Insiders hold a collective stake of about 5.3% in the company, including Alyn R. Holt, Thomas A. Satterfield Jr., and Kristen Holt Thompson.