Free Trial

Segall Bryant & Hamill LLC Sells 11,204 Shares of Gentherm Inc (NASDAQ:THRM)

Gentherm logo with Auto/Tires/Trucks background

Segall Bryant & Hamill LLC lessened its stake in Gentherm Inc (NASDAQ:THRM - Free Report) by 2.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 513,822 shares of the auto parts company's stock after selling 11,204 shares during the period. Segall Bryant & Hamill LLC owned 1.67% of Gentherm worth $13,740,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Gentherm by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 3,667,551 shares of the auto parts company's stock valued at $146,427,000 after purchasing an additional 74,758 shares during the last quarter. Trigran Investments Inc. lifted its holdings in Gentherm by 7.3% in the fourth quarter. Trigran Investments Inc. now owns 1,990,938 shares of the auto parts company's stock valued at $79,488,000 after buying an additional 135,458 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Gentherm by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,217,681 shares of the auto parts company's stock valued at $48,616,000 after buying an additional 62,562 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Gentherm by 5.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 486,565 shares of the auto parts company's stock valued at $19,426,000 after acquiring an additional 25,736 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Gentherm during the 4th quarter worth $15,400,000. Institutional investors and hedge funds own 97.13% of the company's stock.

Gentherm Trading Down 1.2%

NASDAQ:THRM traded down $0.37 during trading hours on Friday, hitting $30.51. The stock had a trading volume of 325,270 shares, compared to its average volume of 271,252. The business's 50 day moving average is $28.37 and its 200-day moving average is $30.80. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.49 and a current ratio of 2.16. The company has a market cap of $941.54 million, a price-to-earnings ratio of 19.07 and a beta of 1.42. Gentherm Inc has a one year low of $22.75 and a one year high of $56.68.

Gentherm (NASDAQ:THRM - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The auto parts company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.03. The business had revenue of $353.85 million during the quarter, compared to analysts' expectations of $347.39 million. Gentherm had a net margin of 3.44% and a return on equity of 10.81%. The firm's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.62 EPS. Sell-side analysts anticipate that Gentherm Inc will post 3.1 EPS for the current fiscal year.

Insider Activity at Gentherm

In other Gentherm news, CEO William T. Presley acquired 3,000 shares of the firm's stock in a transaction that occurred on Friday, April 25th. The stock was acquired at an average cost of $24.67 per share, for a total transaction of $74,010.00. Following the transaction, the chief executive officer owned 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on THRM shares. Baird R W raised Gentherm from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 11th. Robert W. Baird upped their price objective on Gentherm from $28.00 to $35.00 and gave the company an "outperform" rating in a report on Friday, July 11th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $50.33.

View Our Latest Analysis on Gentherm

Gentherm Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Gentherm (NASDAQ:THRM)

Should You Invest $1,000 in Gentherm Right Now?

Before you consider Gentherm, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gentherm wasn't on the list.

While Gentherm currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It
NVDA Greenlight: China Sales Spark 50% Rally Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines