Linden Thomas Advisory Services LLC Purchases 1,399 Shares of Gentherm Incorporated (NASDAQ:THRM)

Linden Thomas Advisory Services LLC increased its holdings in Gentherm Incorporated (NASDAQ:THRM) by 30.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,011 shares of the auto parts company’s stock after buying an additional 1,399 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Gentherm were worth $315,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Trigran Investments Inc. grew its stake in Gentherm by 6.1% in the 3rd quarter. Trigran Investments Inc. now owns 1,704,687 shares of the auto parts company’s stock worth $92,496,000 after buying an additional 97,293 shares in the last quarter. Van Berkom & Associates Inc. grew its position in Gentherm by 10.8% in the third quarter. Van Berkom & Associates Inc. now owns 1,173,567 shares of the auto parts company’s stock worth $63,678,000 after acquiring an additional 114,445 shares in the last quarter. Guinness Asset Management LTD increased its stake in Gentherm by 5.7% in the third quarter. Guinness Asset Management LTD now owns 584,426 shares of the auto parts company’s stock valued at $31,720,000 after acquiring an additional 31,663 shares during the last quarter. Lord Abbett & CO. LLC raised its position in Gentherm by 10.1% during the third quarter. Lord Abbett & CO. LLC now owns 512,913 shares of the auto parts company’s stock valued at $27,830,000 after purchasing an additional 47,088 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Gentherm by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 391,738 shares of the auto parts company’s stock valued at $21,256,000 after purchasing an additional 12,483 shares in the last quarter. Institutional investors own 97.13% of the company’s stock.

Gentherm Trading Up 1.2 %

NASDAQ THRM opened at $50.59 on Friday. The firm has a market cap of $1.60 billion, a PE ratio of 41.13 and a beta of 1.49. Gentherm Incorporated has a 1-year low of $38.21 and a 1-year high of $66.54. The stock has a 50-day moving average of $54.38 and a 200-day moving average of $50.59. The company has a current ratio of 2.12, a quick ratio of 1.48 and a debt-to-equity ratio of 0.34.

Gentherm (NASDAQ:THRM) last announced its quarterly earnings results on Wednesday, February 21st. The auto parts company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.36. The business had revenue of $366.93 million for the quarter, compared to analysts’ expectations of $364.40 million. Gentherm had a return on equity of 12.91% and a net margin of 2.75%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.47 EPS. As a group, sell-side analysts forecast that Gentherm Incorporated will post 2.8 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price objective on Gentherm from $63.00 to $60.00 and set an “underweight” rating on the stock in a report on Monday, April 22nd. StockNews.com upgraded shares of Gentherm from a “hold” rating to a “buy” rating in a research report on Thursday, February 22nd. Finally, Robert W. Baird boosted their price objective on shares of Gentherm from $60.00 to $66.00 and gave the stock a “neutral” rating in a report on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $66.00.

Insider Transactions at Gentherm

In related news, CEO Phillip Eyler sold 15,000 shares of the stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $55.17, for a total value of $827,550.00. Following the completion of the transaction, the chief executive officer now directly owns 147,317 shares of the company’s stock, valued at $8,127,478.89. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.91% of the company’s stock.

Gentherm 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.