Gentherm Inc. (NASDAQ:THRM) saw strong trading volume on Friday . 746,459 shares traded hands during trading, an increase of 154% from the previous session’s volume of 294,391 shares.The stock last traded at $33.53 and had previously closed at $32.78.

Several research analysts recently issued reports on the stock. Roth Capital reissued a “buy” rating on shares of Gentherm in a report on Saturday, April 30th. Zacks Investment Research cut shares of Gentherm from a “buy” rating to a “hold” rating in a report on Thursday, May 5th. JPMorgan Chase & Co. dropped their target price on shares of Gentherm from $48.00 to $44.00 and set an “overweight” rating for the company in a report on Friday. FBR & Co dropped their target price on shares of Gentherm from $49.00 to $42.00 and set a “market perform” rating for the company in a report on Friday. Finally, Argus reaffirmed a “buy” rating and issued a $44.00 target price on shares of Gentherm in a report on Tuesday, June 14th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Gentherm has a consensus rating of “Hold” and an average target price of $45.00.

The firm has a 50-day moving average price of $35.95 and a 200 day moving average price of $38.54. The firm has a market capitalization of $1.22 billion and a price-to-earnings ratio of 14.17.

Gentherm (NASDAQ:THRM) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by $0.07. The company had revenue of $232.72 million for the quarter, compared to analyst estimates of $240.54 million. During the same period in the previous year, the company posted $0.54 earnings per share. The firm’s revenue was up 9.0% on a year-over-year basis. Equities analysts predict that Gentherm Inc. will post $2.43 earnings per share for the current year.

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

A number of hedge funds and institutional investors have recently bought and sold shares of THRM. Comerica Bank boosted its position in Gentherm by 0.4% in the fourth quarter. Comerica Bank now owns 36,939 shares of the company’s stock valued at $1,552,000 after buying an additional 137 shares during the period. Mutual of America Capital Management LLC boosted its position in Gentherm by 3,487.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 37,667 shares of the company’s stock valued at $1,785,000 after buying an additional 36,617 shares during the period. Rhumbline Advisers boosted its position in Gentherm by 11.4% in the fourth quarter. Rhumbline Advisers now owns 45,472 shares of the company’s stock valued at $2,155,000 after buying an additional 4,635 shares during the period. Marshall Wace LLP purchased a new position in Gentherm during the fourth quarter valued at approximately $4,403,000. Finally, Morgan Stanley boosted its position 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 during the period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.