Gentherm Inc. (NASDAQ:THRM) gapped up prior to trading on Friday . The stock had previously closed at $33.73, but opened at $34.23. Gentherm shares last traded at $35.45, with a volume of 71,296 shares trading hands.

A number of research firms have recently issued reports on THRM. Roth Capital reiterated a “buy” rating on shares of Gentherm in a research note on Saturday, April 30th. Zacks Investment Research lowered Gentherm from a “hold” rating to a “sell” rating in a research note on Wednesday, June 29th. FBR & Co reiterated a “hold” rating on shares of Gentherm in a research note on Saturday, March 12th. Finally, Argus reiterated a “buy” rating and issued a $44.00 target price on shares of Gentherm in a research note on Tuesday, June 14th.

The stock’s 50-day moving average is $36.18 and its 200 day moving average is $39.48. The stock has a market cap of $1.29 billion and a P/E ratio of 14.71.

Gentherm (NASDAQ:THRM) last issued its quarterly earnings results on Thursday, April 28th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.03. The firm had revenue of $215.70 million for the quarter, compared to the consensus estimate of $225.03 million. The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 earnings per share. On average, equities analysts predict that Gentherm Inc. will post $2.64 earnings per share for the current year.

In other news, VP Erin Erwine Ascher sold 1,009 shares of the company’s stock in a transaction that occurred on Tuesday, June 14th. The stock was sold at an average price of $36.89, for a total value of $37,222.01. Following the sale, the vice president now directly owns 12,600 shares in the company, valued at approximately $464,814. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Darren Schumacher sold 16,011 shares of the company’s stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $37.74, for a total value of $604,255.14. Following the completion of the sale, the vice president now owns 21,666 shares in the company, valued at $817,674.84. The disclosure for this sale can be found here.

Other large investors recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in Gentherm by 4.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,263,578 shares of the company’s stock valued at $59,895,000 after buying an additional 50,920 shares in the last quarter. Marshall Wace LLP bought a new stake in Gentherm during the fourth quarter valued at $4,403,000. Century Capital Management LLC raised its stake in Gentherm by 1.5% in the fourth quarter. Century Capital Management LLC now owns 253,677 shares of the company’s stock valued at $12,024,000 after buying an additional 3,757 shares in the last quarter. Principal Financial Group Inc. raised its stake in Gentherm by 5.0% in the fourth quarter. Principal Financial Group Inc. now owns 243,225 shares of the company’s stock valued at $11,528,000 after buying an additional 11,549 shares in the last quarter. Finally, Morgan Stanley raised its stake in Gentherm by 54.9% in the fourth quarter. Morgan Stanley now owns 217,386 shares of the company’s stock valued at $10,304,000 after buying an additional 77,071 shares in the last quarter.

Gentherm Incorporated (Gentherm) is engaged in the design, development and manufacturing of thermal management technologies. The Company’s segments are: Automotive, Industrial. The Automotive segment represents Gentherm’s three geographic operating segments: North America, Europe and Asia. The Automotive segment includes automotive seat comfort systems, specialized automotive cable systems, and other automotive and non-automotive thermal convenience products.

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