Gentherm (NASDAQ:THRM) Shares Down 4.6% - Should You Sell?

Gentherm Incorporated (NASDAQ:THRM - Get Free Report) was down 4.6% on Monday . The stock traded as low as $26.10 and last traded at $26.12. Approximately 109,466 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 258,168 shares. The stock had previously closed at $27.37.

Analyst Ratings Changes

THRM has been the topic of a number of recent research reports. 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 price target on Gentherm from $27.00 to $28.00 and gave the company a "neutral" rating in a research report on Friday, April 25th.

Gentherm Price Performance

The business's 50-day moving average price is $26.00 and its 200 day moving average price is $33.32. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.38 and a current ratio of 2.01. The stock has a market capitalization of $835.38 million, a PE ratio of 13.08 and a beta of 1.44.

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

Insider Transactions at Gentherm

In other news, CEO William T. Presley acquired 3,000 shares of the firm's stock in a transaction that occurred on Friday, April 25th. The shares were bought at an average cost of $24.67 per share, with a total value of $74,010.00. Following the acquisition, the chief executive officer now 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.40% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of THRM. Signaturefd LLC boosted 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. FNY Investment Advisers LLC bought a new stake in Gentherm in the first quarter worth $26,000. Versant Capital Management Inc purchased a new stake in Gentherm during the first quarter valued at about $28,000. GAMMA Investing LLC boosted its position in Gentherm by 332.4% during the first quarter. GAMMA Investing LLC now owns 2,106 shares of the auto parts company's stock valued at $56,000 after buying an additional 1,619 shares during the period. Finally, Quarry LP grew its stake in shares of Gentherm by 226.8% during the fourth quarter. Quarry LP now owns 1,755 shares of the auto parts company's stock valued at $70,000 after buying an additional 1,218 shares during the last quarter. 97.13% of the stock is currently owned by institutional investors.

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.