Jane Street Group LLC Has $689,000 Stock Holdings in Gentherm Incorporated (NASDAQ:THRM)

Jane Street Group LLC lessened its stake in Gentherm Incorporated (NASDAQ:THRM) by 62.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,253 shares of the auto parts company’s stock after selling 28,908 shares during the quarter. Jane Street Group LLC owned 0.06% of Gentherm worth $689,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC increased its stake in Gentherm by 234.8% in the 3rd quarter. Barclays PLC now owns 61,466 shares of the auto parts company’s stock valued at $2,861,000 after buying an additional 43,108 shares during the period. Global Alpha Capital Management Ltd. increased its stake in Gentherm by 23.8% in the 4th quarter. Global Alpha Capital Management Ltd. now owns 782,983 shares of the auto parts company’s stock valued at $31,261,000 after buying an additional 150,310 shares during the period. Amundi increased its stake in Gentherm by 185.5% in the 4th quarter. Amundi now owns 15,143 shares of the auto parts company’s stock valued at $595,000 after buying an additional 9,839 shares during the period. Invesco Ltd. increased its stake in Gentherm by 16.8% in the 4th quarter. Invesco Ltd. now owns 238,975 shares of the auto parts company’s stock valued at $9,541,000 after buying an additional 34,353 shares during the period. Finally, Bank of Montreal Can increased its stake in Gentherm by 20.9% in the 4th quarter. Bank of Montreal Can now owns 6,167 shares of the auto parts company’s stock valued at $246,000 after buying an additional 1,067 shares during the period. Institutional investors and hedge funds own 97.13% of the company’s stock.

Gentherm Price Performance

NASDAQ THRM opened at $26.85 on Monday. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.36. The company has a fifty day simple moving average of $26.44 and a 200 day simple moving average of $34.20. The company has a market cap of $828.59 million, a P/E ratio of 12.97 and a beta of 1.44. Gentherm Incorporated has a 1 year low of $22.75 and a 1 year high of $56.68.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Thursday, April 24th. The auto parts company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.03. The business had revenue of $353.85 million during the quarter, compared to the consensus estimate of $347.39 million. Gentherm had a net margin of 4.46% and a return on equity of 11.43%. Gentherm’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 EPS. On average, sell-side analysts predict that Gentherm Incorporated will post 3.1 EPS for the current year.

Insider Buying and Selling at Gentherm

In related news, CEO William T. Presley purchased 3,000 shares of Gentherm stock in a transaction on Friday, April 25th. The stock was purchased at an average cost of $24.67 per share, with a total value of $74,010.00. Following the acquisition, the chief executive officer now directly owns 161,103 shares in the company, valued at approximately $3,974,411.01. This trade represents a 1.90% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Gentherm from $56.00 to $51.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Robert W. Baird boosted their target price on shares of Gentherm from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Friday, April 25th. Finally, Wall Street Zen downgraded shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 26th.

About Gentherm

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.