Gentherm Incorporated (NASDAQ:THRM) Shares Sold by Jane Street Group LLC

Jane Street Group LLC reduced its stake in shares of Gentherm Incorporated (NASDAQ:THRM - Free Report) by 62.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,253 shares of the auto parts company's stock after selling 28,908 shares during the quarter. Jane Street Group LLC owned approximately 0.06% of Gentherm worth $689,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Barclays PLC lifted its holdings in shares of Gentherm by 234.8% during the 3rd quarter. Barclays PLC now owns 61,466 shares of the auto parts company's stock worth $2,861,000 after acquiring an additional 43,108 shares during the period. Global Alpha Capital Management Ltd. raised its holdings in Gentherm by 23.8% in the fourth quarter. Global Alpha Capital Management Ltd. now owns 782,983 shares of the auto parts company's stock worth $31,261,000 after purchasing an additional 150,310 shares during the period. Amundi grew its position in shares of Gentherm by 185.5% in the 4th quarter. Amundi now owns 15,143 shares of the auto parts company's stock valued at $595,000 after purchasing an additional 9,839 shares during the period. Invesco Ltd. increased its stake in Gentherm by 16.8% during the 4th quarter. Invesco Ltd. now owns 238,975 shares of the auto parts company's stock worth $9,541,000 after purchasing an additional 34,353 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in Gentherm by 20.9% during the 4th quarter. Bank of Montreal Can now owns 6,167 shares of the auto parts company's stock worth $246,000 after buying an additional 1,067 shares during the period. Institutional investors and hedge funds own 97.13% of the company's stock.

Wall Street Analyst Weigh In

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

Insider Activity at Gentherm

In other Gentherm news, CEO William T. Presley acquired 3,000 shares of the company'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 purchase, the chief executive officer now owns 161,103 shares in the company, valued at approximately $3,974,411.01. This trade represents a 1.90% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.40% of the stock is currently owned by corporate insiders.

Gentherm Trading Down 0.4%

Shares of THRM stock traded down $0.12 during trading hours on Friday, hitting $27.80. 9,597 shares of the company were exchanged, compared to its average volume of 333,007. The firm has a market cap of $857.75 million, a P/E ratio of 13.43 and a beta of 1.44. The company has a 50 day simple moving average of $26.28 and a two-hundred day simple moving average of $33.99. Gentherm Incorporated has a fifty-two week low of $22.75 and a fifty-two week high of $56.68. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.38 and a current ratio of 2.01.

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

Gentherm 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.