BidaskClub upgraded shares of Gentherm (NASDAQ:THRM) from a strong sell rating to a sell rating in a report issued on Thursday.

Several other research firms have also issued reports on THRM. Zacks Investment Research upgraded shares of Gentherm from a sell rating to a hold rating in a research report on Thursday, January 25th. FBR & Co restated a buy rating and issued a $45.00 price target on shares of Gentherm in a research report on Thursday, October 26th. Longbow Research initiated coverage on shares of Gentherm in a research report on Friday, January 5th. They issued an underperform rating on the stock. B. Riley restated a buy rating on shares of Gentherm in a research report on Thursday, November 2nd. Finally, Argus decreased their price target on shares of Gentherm to $40.00 and set a buy rating on the stock in a research report on Friday, December 15th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of $40.57.

Gentherm (NASDAQ:THRM) traded down $0.40 during trading on Thursday, reaching $30.40. 58,497 shares of the company’s stock traded hands, compared to its average volume of 205,382. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.47 and a current ratio of 3.23. The firm has a market capitalization of $1,160.94, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 0.51 and a beta of 1.86. Gentherm has a 12-month low of $29.50 and a 12-month high of $40.80.

In related news, VP Erin Erwine Ascher sold 2,000 shares of Gentherm stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $35.14, for a total value of $70,280.00. Following the completion of the sale, the vice president now owns 29,161 shares of the company’s stock, valued at approximately $1,024,717.54. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Maurice Ep Gunderson sold 10,000 shares of Gentherm stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $33.44, for a total transaction of $334,400.00. Following the completion of the sale, the director now directly owns 26,557 shares of the company’s stock, valued at approximately $888,066.08. The disclosure for this sale can be found here. Insiders own 2.30% of the company’s stock.

Several large investors have recently bought and sold shares of THRM. Tiedemann Wealth Management LLC increased its stake in Gentherm by 16.2% in the third quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock valued at $192,000 after acquiring an additional 4,378 shares during the period. Zeke Capital Advisors LLC acquired a new position in Gentherm in the third quarter valued at about $228,000. Victory Capital Management Inc. boosted its position in Gentherm by 37.4% in the third quarter. Victory Capital Management Inc. now owns 6,156 shares of the auto parts company’s stock valued at $229,000 after buying an additional 1,677 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new position in Gentherm in the third quarter valued at about $267,000. Finally, GSA Capital Partners LLP acquired a new position in Gentherm in the second quarter valued at about $303,000. Institutional investors own 99.42% of the company’s stock.

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Gentherm Company Profile

Gentherm Incorporated (Gentherm) is a global technology company engaged in the design, development, and manufacturing of thermal management technologies. The Company has two segments: Automotive and Industrial. Its products provide solutions for automotive passenger comfort and convenience, battery thermal management, remote power generation, patient temperature management, environmental product testing and other consumer and industrial temperature control needs.

Analyst Recommendations for Gentherm (NASDAQ:THRM)

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