Gentherm (NASDAQ:THRM) Stock Rating Lowered by StockNews.com

StockNews.com downgraded shares of Gentherm (NASDAQ:THRM) from a strong-buy rating to a buy rating in a research note issued to investors on Monday morning.

THRM has been the subject of several other research reports. Craig Hallum cut their target price on shares of Gentherm from $85.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. JPMorgan Chase & Co. lowered their price objective on shares of Gentherm from $56.00 to $51.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Finally, Robert W. Baird lowered their price objective on shares of Gentherm from $54.00 to $50.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st.

Gentherm Trading Down 1.9 %

NASDAQ:THRM opened at $35.56 on Monday. The stock has a fifty day simple moving average of $39.56 and a 200-day simple moving average of $43.67. Gentherm has a 52-week low of $35.51 and a 52-week high of $62.93. The company has a market capitalization of $1.10 billion, a PE ratio of 16.62 and a beta of 1.42. The company has a quick ratio of 1.38, a current ratio of 2.02 and a debt-to-equity ratio of 0.34.

Insider Buying and Selling

In related news, SVP Hui (Helen) Xu sold 2,500 shares of Gentherm stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $42.00, for a total transaction of $105,000.00. Following the transaction, the senior vice president now directly owns 18,947 shares of the company’s stock, valued at $795,774. The trade was a 11.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Thomas Stocker sold 1,295 shares of Gentherm stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $42.98, for a total value of $55,659.10. Following the transaction, the senior vice president now directly owns 13,413 shares in the company, valued at approximately $576,490.74. The trade was a 8.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.91% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Gentherm

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Gentherm by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 3,667,551 shares of the auto parts company’s stock worth $146,427,000 after acquiring an additional 74,758 shares during the period. Disciplined Growth Investors Inc. MN raised its stake in shares of Gentherm by 2.0% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 1,169,671 shares of the auto parts company’s stock valued at $54,448,000 after acquiring an additional 23,051 shares in the last quarter. Global Alpha Capital Management Ltd. raised its stake in shares of Gentherm by 23.8% in the 4th quarter. Global Alpha Capital Management Ltd. now owns 782,983 shares of the auto parts company’s stock valued at $31,261,000 after acquiring an additional 150,310 shares in the last quarter. Segall Bryant & Hamill LLC increased its position in Gentherm by 42.9% in the 4th quarter. Segall Bryant & Hamill LLC now owns 525,026 shares of the auto parts company’s stock worth $20,962,000 after buying an additional 157,544 shares during the period. Finally, FMR LLC increased its position in Gentherm by 26.8% in the 3rd quarter. FMR LLC now owns 507,598 shares of the auto parts company’s stock worth $23,629,000 after buying an additional 107,322 shares during the period. Hedge funds and other institutional investors own 97.13% of the company’s stock.

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.