Yousif Capital Management LLC Has $473,000 Stake in Gentherm Incorporated (NASDAQ:THRM)

Yousif Capital Management LLC trimmed its stake in Gentherm Incorporated (NASDAQ:THRM) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,837 shares of the auto parts company’s stock after selling 406 shares during the period. Yousif Capital Management LLC’s holdings in Gentherm were worth $473,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC increased its holdings in Gentherm by 234.8% in the third quarter. Barclays PLC now owns 61,466 shares of the auto parts company’s stock valued at $2,861,000 after purchasing an additional 43,108 shares during the period. Global Alpha Capital Management Ltd. increased its holdings in Gentherm by 22.6% in the third quarter. Global Alpha Capital Management Ltd. now owns 632,673 shares of the auto parts company’s stock valued at $29,451,000 after purchasing an additional 116,500 shares during the period. Raymond James & Associates increased its holdings in Gentherm by 18.9% in the third quarter. Raymond James & Associates now owns 128,468 shares of the auto parts company’s stock valued at $5,980,000 after purchasing an additional 20,401 shares during the period. JPMorgan Chase & Co. increased its holdings in Gentherm by 46.0% in the third quarter. JPMorgan Chase & Co. now owns 67,831 shares of the auto parts company’s stock valued at $3,158,000 after purchasing an additional 21,376 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Gentherm by 1.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 460,829 shares of the auto parts company’s stock worth $21,452,000 after acquiring an additional 5,754 shares during the period. 97.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Gentherm

In other Gentherm news, SVP Hui (Helen) Xu sold 2,500 shares of Gentherm stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $42.00, for a total transaction of $105,000.00. Following the transaction, the senior vice president now owns 18,947 shares of the company’s stock, valued at $795,774. This trade represents a 11.66 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Thomas Stocker sold 1,295 shares of Gentherm stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $42.98, for a total transaction of $55,659.10. Following the transaction, the senior vice president now directly owns 13,413 shares in the company, valued at approximately $576,490.74. This represents a 8.80 % decrease in their position. The disclosure for this sale can be found here. 1.91% of the stock is owned by insiders.

Analyst Ratings Changes

THRM has been the subject of a number of recent analyst reports. Robert W. Baird decreased their price target on Gentherm from $54.00 to $50.00 and set a “neutral” rating for the company in a report on Thursday, October 31st. Craig Hallum decreased their price target on Gentherm from $85.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, October 31st. StockNews.com downgraded Gentherm from a “strong-buy” rating to a “buy” rating in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. decreased their price target on Gentherm from $56.00 to $51.00 and set a “neutral” rating for the company in a report on Monday, January 27th.

Gentherm Price Performance

Shares of NASDAQ THRM opened at $35.44 on Monday. Gentherm Incorporated has a fifty-two week low of $35.09 and a fifty-two week high of $62.93. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 16.56 and a beta of 1.42. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.38 and a current ratio of 2.02. The firm’s 50-day simple moving average is $39.17 and its 200 day simple moving average is $43.32.

Gentherm Company Profile

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.