Bridge City Capital LLC Sells 17,915 Shares of Gentherm Incorporated (NASDAQ:THRM)

Bridge City Capital LLC decreased its stake in shares of Gentherm Incorporated (NASDAQ:THRM - Free Report) by 14.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 102,173 shares of the auto parts company's stock after selling 17,915 shares during the quarter. Bridge City Capital LLC owned about 0.33% of Gentherm worth $2,732,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of THRM. Rhumbline Advisers increased its stake in Gentherm by 0.3% in the fourth quarter. Rhumbline Advisers now owns 90,758 shares of the auto parts company's stock valued at $3,623,000 after purchasing an additional 277 shares in the last quarter. Comerica Bank grew its stake in shares of Gentherm by 1.4% in the 4th quarter. Comerica Bank now owns 21,012 shares of the auto parts company's stock valued at $839,000 after buying an additional 300 shares during the period. Signaturefd LLC increased its position in Gentherm by 233.8% in the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company's stock valued at $26,000 after buying an additional 463 shares in the last quarter. KBC Group NV raised its stake in Gentherm by 82.2% during the 4th quarter. KBC Group NV now owns 1,822 shares of the auto parts company's stock worth $73,000 after buying an additional 822 shares during the period. Finally, Barclays PLC boosted its holdings in Gentherm by 1.4% in the fourth quarter. Barclays PLC now owns 62,346 shares of the auto parts company's stock worth $2,489,000 after acquiring an additional 880 shares in the last quarter. Institutional investors own 97.13% of the company's stock.

Insider Transactions at Gentherm

In related news, CEO William T. Presley purchased 3,000 shares of the firm's stock in a transaction dated Friday, April 25th. The shares were purchased at an average cost of $24.67 per share, for a total transaction of $74,010.00. Following the completion of the transaction, the chief executive officer now directly owns 161,103 shares in the company, valued at approximately $3,974,411.01. This represents a 1.90% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.40% of the company's stock.

Gentherm Stock Performance

Shares of Gentherm stock opened at $27.05 on Monday. The firm has a market capitalization of $834.76 million, a P/E ratio of 13.07 and a beta of 1.42. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.36. The business's fifty day simple moving average is $26.01 and its 200 day simple moving average is $33.10. Gentherm Incorporated has a 12 month low of $22.75 and a 12 month high of $56.68.

Gentherm (NASDAQ:THRM - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The auto parts company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.03. Gentherm had a net margin of 4.46% and a return on equity of 11.43%. The company had revenue of $353.85 million during the quarter, compared to analyst estimates of $347.39 million. During the same quarter in the prior year, the business earned $0.62 earnings per share. The firm's revenue for the quarter was down .6% on a year-over-year basis. As a group, analysts anticipate that Gentherm Incorporated will post 3.1 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on THRM shares. Robert W. Baird upped their target price on Gentherm from $27.00 to $28.00 and gave the stock a "neutral" rating in a research report on Friday, April 25th. Wall Street Zen downgraded shares of Gentherm from a "strong-buy" rating to a "buy" rating in a report on Wednesday, February 26th.

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.

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