Gentherm Inc (NASDAQ:THRM) Director Maurice Ep Gunderson sold 10,000 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $33.44, for a total value of $334,400.00. Following the completion of the sale, the director now owns 26,557 shares of the company’s stock, valued at $888,066.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Gentherm Inc (THRM) opened at $33.40 on Friday. Gentherm Inc has a 52-week low of $29.50 and a 52-week high of $40.80. The firm has a market capitalization of $1,225.15, a price-to-earnings ratio of 18.76, a PEG ratio of 1.03 and a beta of 1.94. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.47 and a current ratio of 3.23.

Gentherm (NASDAQ:THRM) last released its earnings results on Thursday, October 26th. The auto parts company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.33). Gentherm had a return on equity of 12.82% and a net margin of 6.89%. The business had revenue of $235.85 million for the quarter, compared to the consensus estimate of $235.94 million. During the same quarter last year, the business posted $0.61 earnings per share. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. equities research analysts predict that Gentherm Inc will post 1.62 EPS for the current year.

A number of brokerages recently issued reports on THRM. BidaskClub downgraded Gentherm from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. TheStreet downgraded Gentherm from a “b-” rating to a “c+” rating in a research report on Thursday, August 17th. ValuEngine downgraded Gentherm from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. FBR & Co reiterated a “buy” rating and set a $45.00 target price on shares of Gentherm in a research report on Thursday, October 26th. Finally, Zacks Investment Research upgraded Gentherm from a “sell” rating to a “hold” rating in a research report on Saturday, November 4th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $40.75.

Large investors have recently added to or reduced their stakes in the company. Riverhead Capital Management LLC lifted its position in shares of Gentherm by 70.6% during the second quarter. Riverhead Capital Management LLC now owns 2,730 shares of the auto parts company’s stock worth $106,000 after purchasing an additional 1,130 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Gentherm by 12.7% during the second quarter. Victory Capital Management Inc. now owns 4,479 shares of the auto parts company’s stock valued at $174,000 after buying an additional 504 shares during the period. Tiedemann Wealth Management LLC increased its stake in shares of Gentherm by 16.2% during the third quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock valued at $192,000 after buying an additional 4,378 shares during the period. Forward Management LLC increased its stake in shares of Gentherm by 6.0% during the second quarter. Forward Management LLC now owns 5,409 shares of the auto parts company’s stock valued at $210,000 after buying an additional 305 shares during the period. Finally, CWA Asset Management Group LLC increased its stake in shares of Gentherm by 0.7% during the second quarter. CWA Asset Management Group LLC now owns 5,792 shares of the auto parts company’s stock valued at $225,000 after buying an additional 42 shares during the period. Institutional investors and hedge funds own 99.28% of the company’s stock.

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About Gentherm

Gentherm Incorporated (Gentherm) is a global technology company engaged in the design, development, and manufacturing of thermal management technologies. The Company has two segments: Automotive and Industrial. Its products provide solutions for automotive passenger comfort and convenience, battery thermal management, remote power generation, patient temperature management, environmental product testing and other consumer and industrial temperature control needs.

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