Gentherm Incorporated (NASDAQ:THRM) CEO Phillip Eyler Sells 4,402 Shares

Gentherm Incorporated (NASDAQ:THRM) CEO Phillip Eyler sold 4,402 shares of the firm’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $50.20, for a total transaction of $220,980.40. Following the transaction, the chief executive officer now directly owns 147,317 shares in the company, valued at $7,395,313.40. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Phillip Eyler also recently made the following trade(s):

• On Tuesday, August 6th, Phillip Eyler sold 15,000 shares of Gentherm stock. The stock was sold at an average price of $50.03, for a total transaction of $750,450.00.
• On Thursday, July 11th, Phillip Eyler sold 15,000 shares of Gentherm stock. The stock was sold at an average price of $50.40, for a total transaction of $756,000.00.

Gentherm Stock Up 3.5 %

THRM stock opened at $50.78 on Friday. Gentherm Incorporated has a one year low of $38.21 and a one year high of $62.93. The stock has a market capitalization of $1.61 billion, a PE ratio of 34.78 and a beta of 1.43. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.46 and a current ratio of 2.11. The company has a fifty day moving average of $49.98 and a 200-day moving average of $51.44.

Gentherm (NASDAQ:THRM) last released its earnings results on Wednesday, July 31st. The auto parts company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.62 by $0.04. Gentherm had a net margin of 4.61% and a return on equity of 14.03%. The company had revenue of $375.70 million during the quarter, compared to analysts’ expectations of $375.82 million. During the same quarter last year, the business earned $0.58 EPS. The business’s revenue was up .9% on a year-over-year basis. As a group, analysts expect that Gentherm Incorporated will post 2.81 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on THRM shares. Robert W. Baird lowered their price objective on shares of Gentherm from $65.00 to $60.00 and set a “neutral” rating on the stock in a research report on Friday, July 12th. JPMorgan Chase & Co. reduced their target price on shares of Gentherm from $60.00 to $56.00 and set an “underweight” rating for the company in a research note on Monday, July 22nd. Finally, StockNews.com upgraded shares of Gentherm from a “hold” rating to a “buy” rating in a research note on Friday, August 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $62.00.

Institutional Trading of Gentherm

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Hsbc Holdings PLC lifted its stake in shares of Gentherm by 3.5% in the second quarter. Hsbc Holdings PLC now owns 6,834 shares of the auto parts company’s stock valued at $337,000 after purchasing an additional 229 shares during the period. Headlands Technologies LLC lifted its stake in shares of Gentherm by 86.1% in the first quarter. Headlands Technologies LLC now owns 523 shares of the auto parts company’s stock valued at $30,000 after purchasing an additional 242 shares during the period. Texas Permanent School Fund Corp lifted its stake in shares of Gentherm by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 28,703 shares of the auto parts company’s stock valued at $1,653,000 after purchasing an additional 372 shares during the period. Bridge City Capital LLC lifted its stake in shares of Gentherm by 0.8% in the first quarter. Bridge City Capital LLC now owns 56,156 shares of the auto parts company’s stock valued at $3,233,000 after purchasing an additional 443 shares during the period. Finally, ProShare Advisors LLC lifted its stake in shares of Gentherm by 7.4% in the first quarter. ProShare Advisors LLC now owns 6,610 shares of the auto parts company’s stock valued at $381,000 after purchasing an additional 454 shares during the period. Institutional investors and hedge funds own 97.13% of the company’s stock.

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.