Bridge City Capital LLC Has $1.43 Million Stake in Gentherm Incorporated (NASDAQ:THRM)

Bridge City Capital LLC raised its position in Gentherm Incorporated (NASDAQ:THRM – Get Rating) by 3.5% during the third quarter, according to its most recent filing with the SEC. The firm owned 28,777 shares of the auto parts company’s stock after purchasing an additional 960 shares during the period. Bridge City Capital LLC owned 0.09% of Gentherm worth $1,431,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ellevest Inc. lifted its position in shares of Gentherm by 147.3% in the 3rd quarter. Ellevest Inc. now owns 1,350 shares of the auto parts company’s stock worth $67,000 after purchasing an additional 804 shares during the period. Eagle Bay Advisors LLC acquired a new position in shares of Gentherm in the 2nd quarter worth approximately $87,000. Ronald Blue Trust Inc. bought a new stake in shares of Gentherm in the 2nd quarter valued at $89,000. Sageworth Trust Co increased its stake in shares of Gentherm by 5,247.2% in the 2nd quarter. Sageworth Trust Co now owns 2,834 shares of the auto parts company’s stock valued at $177,000 after acquiring an additional 2,781 shares in the last quarter. Finally, US Bancorp DE increased its stake in shares of Gentherm by 9.8% in the 1st quarter. US Bancorp DE now owns 2,805 shares of the auto parts company’s stock valued at $206,000 after acquiring an additional 251 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Gentherm Stock Down 0.1 %

THRM stock traded down $0.08 during midday trading on Wednesday, reaching $74.35. 30,998 shares of the company’s stock traded hands, compared to its average volume of 95,267. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 51.41 and a beta of 1.30. The firm’s fifty day moving average price is $69.75 and its 200-day moving average price is $64.04. The company has a quick ratio of 1.47, a current ratio of 2.20 and a debt-to-equity ratio of 0.37. Gentherm Incorporated has a 52 week low of $49.45 and a 52 week high of $92.50.

Gentherm (NASDAQ:THRM – Get Rating) last announced its quarterly earnings results on Wednesday, November 2nd. The auto parts company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.14. The business had revenue of $332.96 million during the quarter, compared to analyst estimates of $318.54 million. Gentherm had a net margin of 4.39% and a return on equity of 10.22%. As a group, sell-side analysts forecast that Gentherm Incorporated will post 2.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on THRM shares. StockNews.com started coverage on shares of Gentherm in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. TheStreet upgraded shares of Gentherm from a “c+” rating to a “b-” rating in a research note on Friday, December 2nd. Finally, Seaport Res Ptn reiterated a “buy” rating on shares of Gentherm in a research note on Wednesday, November 2nd.

Insider Buying and Selling at Gentherm

In other Gentherm news, CAO Breisacher Nicholas sold 400 shares of the business’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $75.03, for a total transaction of $30,012.00. Following the completion of the sale, the chief accounting officer now owns 1,648 shares in the company, valued at approximately $123,649.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CAO Breisacher Nicholas sold 400 shares of the company’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $75.03, for a total value of $30,012.00. Following the completion of the sale, the chief accounting officer now owns 1,648 shares in the company, valued at approximately $123,649.44. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Matthew Fisch sold 1,334 shares of the company’s stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $74.98, for a total transaction of $100,023.32. Following the completion of the sale, the senior vice president now owns 13,614 shares of the company’s stock, valued at approximately $1,020,777.72. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,838 shares of company stock worth $207,271. 1.32% of the stock is owned by corporate insiders.

About Gentherm

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Gentherm, Inc engages in the designing, development, manufacturing, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive and Medical. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products.