Kenneth John Phillips Sells 3,577 Shares of Gentherm Inc (NASDAQ:THRM) Stock

Gentherm Inc (NASDAQ:THRM) VP Kenneth John Phillips sold 3,577 shares of the stock in a transaction on Friday, June 21st. The stock was sold at an average price of $42.38, for a total transaction of $151,593.26. Following the sale, the vice president now directly owns 17,069 shares of the company’s stock, valued at approximately $723,384.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Kenneth John Phillips also recently made the following trade(s):

  • On Thursday, June 13th, Kenneth John Phillips sold 1,345 shares of Gentherm stock. The stock was sold at an average price of $39.46, for a total transaction of $53,073.70.
  • On Wednesday, May 1st, Kenneth John Phillips sold 11,222 shares of Gentherm stock. The stock was sold at an average price of $41.78, for a total transaction of $468,855.16.
  • On Wednesday, April 17th, Kenneth John Phillips sold 9,000 shares of Gentherm stock. The stock was sold at an average price of $42.98, for a total transaction of $386,820.00.

Shares of THRM opened at $40.32 on Wednesday. Gentherm Inc has a 12 month low of $36.16 and a 12 month high of $50.30. The stock’s fifty day simple moving average is $39.62. The firm has a market capitalization of $1.40 billion, a PE ratio of 19.02 and a beta of 1.32. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.74.

Gentherm (NASDAQ:THRM) last announced its earnings results on Tuesday, April 30th. The auto parts company reported $0.55 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.12. Gentherm had a net margin of 3.61% and a return on equity of 14.71%. The business had revenue of $257.92 million during the quarter, compared to analysts’ expectations of $250.39 million. During the same quarter in the prior year, the company posted $0.52 earnings per share. The firm’s revenue was down 2.5% on a year-over-year basis. On average, equities research analysts predict that Gentherm Inc will post 2.14 EPS for the current year.

Several brokerages have recently issued reports on THRM. BidaskClub raised shares of Gentherm from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. Zacks Investment Research downgraded shares of Gentherm from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 24th. Finally, ValuEngine downgraded shares of Gentherm from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. Gentherm has a consensus rating of “Hold” and a consensus price target of $45.22.

Institutional investors and hedge funds have recently made changes to their positions in the stock. NumerixS Investment Technologies Inc boosted its holdings in Gentherm by 200.0% during the first quarter. NumerixS Investment Technologies Inc now owns 4,200 shares of the auto parts company’s stock worth $156,000 after purchasing an additional 2,800 shares during the last quarter. William Blair Investment Management LLC lifted its stake in Gentherm by 4.2% in the first quarter. William Blair Investment Management LLC now owns 338,867 shares of the auto parts company’s stock valued at $12,491,000 after acquiring an additional 13,550 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Gentherm by 2.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,614,527 shares of the auto parts company’s stock valued at $64,548,000 after acquiring an additional 31,233 shares during the last quarter. Advisor Group Inc. lifted its stake in Gentherm by 70.1% in the fourth quarter. Advisor Group Inc. now owns 1,354 shares of the auto parts company’s stock valued at $54,000 after acquiring an additional 558 shares during the last quarter. Finally, AlphaCrest Capital Management LLC acquired a new stake in Gentherm in the fourth quarter valued at $300,000.

Gentherm Company Profile

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

See Also: What is a Fiduciary?

Insider Buying and Selling by Quarter for Gentherm (NASDAQ:THRM)

Receive News & Ratings for Gentherm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentherm and related companies with MarketBeat.com's FREE daily email newsletter.