1,000 Shares in Gentherm Inc (NASDAQ:THRM) Purchased by FNY Investment Advisers LLC

FNY Investment Advisers LLC bought a new position in Gentherm Inc (NASDAQ:THRM) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,000 shares of the auto parts company’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in THRM. Rhumbline Advisers raised its holdings in shares of Gentherm by 0.3% in the 4th quarter. Rhumbline Advisers now owns 90,758 shares of the auto parts company’s stock worth $3,623,000 after acquiring an additional 277 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Gentherm by 1.9% in the 4th quarter. Principal Financial Group Inc. now owns 151,194 shares of the auto parts company’s stock worth $6,036,000 after acquiring an additional 2,751 shares during the last quarter. Truist Financial Corp raised its holdings in shares of Gentherm by 2.6% in the 4th quarter. Truist Financial Corp now owns 40,490 shares of the auto parts company’s stock worth $1,617,000 after acquiring an additional 1,037 shares during the last quarter. Handelsbanken Fonder AB raised its holdings in shares of Gentherm by 28.3% in the 4th quarter. Handelsbanken Fonder AB now owns 10,416 shares of the auto parts company’s stock worth $416,000 after acquiring an additional 2,300 shares during the last quarter. Finally, Olympiad Research LP acquired a new stake in shares of Gentherm in the 4th quarter worth about $201,000. Institutional investors and hedge funds own 97.13% of the company’s stock.

Gentherm Trading Down 1.4%

NASDAQ:THRM opened at $27.47 on Wednesday. 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 firm has a market cap of $847.72 million, a price-to-earnings ratio of 17.17 and a beta of 1.42. Gentherm Inc has a 52 week low of $22.75 and a 52 week high of $56.68. The firm has a 50-day moving average price of $26.42 and a two-hundred day moving average price of $32.45.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Thursday, April 24th. The auto parts company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.48 by $0.03. Gentherm had a net margin of 3.44% and a return on equity of 10.81%. The firm had revenue of $353.85 million during the quarter, compared to analyst estimates of $347.39 million. During the same quarter last year, the business posted $0.62 EPS. The company’s revenue for the quarter was down .6% on a year-over-year basis. On average, equities analysts expect that Gentherm Inc will post 3.1 earnings per share for the current fiscal year.

Insider Transactions at Gentherm

In related news, CEO William T. Presley purchased 3,000 shares of the firm’s stock in a transaction dated Friday, April 25th. The stock was bought at an average price of $24.67 per share, for a total transaction of $74,010.00. Following the purchase, the chief executive officer now directly owns 161,103 shares in the company, valued at approximately $3,974,411.01. This trade represents a 1.90% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

THRM has been the topic of a number of analyst reports. Robert W. Baird upped their target price on shares of Gentherm from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday, April 25th. Wall Street Zen lowered shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 26th.

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.