Gentherm Incorporated (NASDAQ:THRM) Shares Acquired by Inspire Investing LLC

Inspire Investing LLC increased its stake in shares of Gentherm Incorporated (NASDAQ:THRM) by 14.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,091 shares of the auto parts company’s stock after buying an additional 1,276 shares during the quarter. Inspire Investing LLC’s holdings in Gentherm were worth $403,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in THRM. Hsbc Holdings PLC raised its holdings in Gentherm by 3.5% during the second quarter. Hsbc Holdings PLC now owns 6,834 shares of the auto parts company’s stock worth $337,000 after purchasing an additional 229 shares in the last quarter. MeadowBrook Investment Advisors LLC increased its position in shares of Gentherm by 8.4% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 3,360 shares of the auto parts company’s stock valued at $156,000 after purchasing an additional 260 shares during the period. Captrust Financial Advisors raised its stake in shares of Gentherm by 3.9% in the 3rd quarter. Captrust Financial Advisors now owns 8,296 shares of the auto parts company’s stock worth $386,000 after buying an additional 314 shares in the last quarter. Quarry LP lifted its holdings in shares of Gentherm by 952.9% in the third quarter. Quarry LP now owns 537 shares of the auto parts company’s stock valued at $25,000 after buying an additional 486 shares during the period. Finally, Guinness Atkinson Asset Management Inc boosted its stake in Gentherm by 3.2% during the third quarter. Guinness Atkinson Asset Management Inc now owns 17,929 shares of the auto parts company’s stock valued at $835,000 after buying an additional 553 shares in the last quarter. 97.13% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Gentherm

In other Gentherm news, 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 transaction of $55,659.10. Following the transaction, the senior vice president now owns 13,413 shares of the company’s stock, valued at $576,490.74. The trade was a 8.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Hui (Helen) Xu sold 2,500 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $42.00, for a total transaction of $105,000.00. Following the completion of the sale, the senior vice president now directly owns 18,947 shares of the company’s stock, valued at $795,774. This trade represents a 11.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.91% of the stock is owned by insiders.

Gentherm Stock Performance

Gentherm stock opened at $39.67 on Friday. Gentherm Incorporated has a fifty-two week low of $37.94 and a fifty-two week high of $62.93. The firm’s 50 day simple moving average is $40.60 and its 200-day simple moving average is $44.82. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.02 and a quick ratio of 1.38. The company has a market cap of $1.23 billion, a P/E ratio of 18.54 and a beta of 1.42.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Wednesday, October 30th. The auto parts company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.09. The firm had revenue of $371.50 million for the quarter, compared to analysts’ expectations of $372.89 million. Gentherm had a net margin of 4.61% and a return on equity of 14.36%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.64 EPS. As a group, equities research analysts predict that Gentherm Incorporated will post 2.71 EPS for the current year.

Wall Street Analyst Weigh In

THRM has been the topic of several research reports. StockNews.com cut shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Friday. Robert W. Baird cut their target price on shares of Gentherm from $54.00 to $50.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. JPMorgan Chase & Co. raised Gentherm from an “underweight” rating to a “neutral” rating and set a $56.00 price target on the stock in a report on Monday, October 21st. Finally, Craig Hallum cut their price objective on Gentherm from $85.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, October 31st.

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.