Jane Street Group LLC Has $689,000 Stake in Gentherm Incorporated (NASDAQ:THRM)

Jane Street Group LLC lowered its position in shares of Gentherm Incorporated (NASDAQ:THRM - Free Report) by 62.6% in the fourth quarter, according to the company in its most recent 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 about 0.06% of Gentherm worth $689,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of THRM. Signaturefd LLC increased its stake in shares of 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 purchasing an additional 463 shares in the last quarter. Quarry LP lifted its holdings in Gentherm by 226.8% in the fourth quarter. Quarry LP now owns 1,755 shares of the auto parts company's stock valued at $70,000 after acquiring an additional 1,218 shares during the last quarter. KBC Group NV lifted its holdings in Gentherm by 82.2% in the fourth quarter. KBC Group NV now owns 1,822 shares of the auto parts company's stock valued at $73,000 after acquiring an additional 822 shares during the last quarter. Headlands Technologies LLC lifted its stake in Gentherm by 117.1% during the fourth quarter. Headlands Technologies LLC now owns 1,837 shares of the auto parts company's stock worth $73,000 after purchasing an additional 991 shares in the last quarter. Finally, Palouse Capital Management Inc. increased its position in shares of Gentherm by 91.6% during the fourth quarter. Palouse Capital Management Inc. now owns 3,585 shares of the auto parts company's stock worth $143,000 after acquiring an additional 1,714 shares during the period. Institutional investors and hedge funds own 97.13% of the company's stock.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Gentherm

In other news, CEO William T. Presley purchased 3,000 shares of the company's stock in a transaction on Friday, April 25th. The shares were bought at an average price 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 of the company's stock, valued at $3,974,411.01. This trade represents a 1.90% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.40% of the stock is currently owned by corporate insiders.

Gentherm Trading Up 0.7%

THRM traded up $0.20 during trading on Thursday, hitting $27.86. The company's stock had a trading volume of 75,718 shares, compared to its average volume of 257,413. The firm's 50 day moving average price is $26.28 and its 200-day moving average price is $33.99. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.01 and a quick ratio of 1.38. The stock has a market cap of $859.61 million, a PE ratio of 13.46 and a beta of 1.44. Gentherm Incorporated has a twelve month low of $22.75 and a twelve month high of $56.68.

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