Signaturefd LLC Boosts Stock Position in Gentherm Inc $THRM

Signaturefd LLC increased its stake in Gentherm Inc (NASDAQ:THRM) by 765.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,346 shares of the auto parts company’s stock after purchasing an additional 3,844 shares during the quarter. Signaturefd LLC’s holdings in Gentherm were worth $123,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. FNY Investment Advisers LLC purchased a new position in Gentherm during the 1st quarter valued at about $26,000. Versant Capital Management Inc purchased a new position in Gentherm during the first quarter valued at approximately $28,000. Parallel Advisors LLC increased its holdings in Gentherm by 455.8% during the 2nd quarter. Parallel Advisors LLC now owns 1,434 shares of the auto parts company’s stock worth $41,000 after acquiring an additional 1,176 shares during the period. GAMMA Investing LLC lifted its stake in Gentherm by 332.4% in the 1st quarter. GAMMA Investing LLC now owns 2,106 shares of the auto parts company’s stock worth $56,000 after purchasing an additional 1,619 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in Gentherm by 20.2% in the 1st quarter. US Bancorp DE now owns 3,364 shares of the auto parts company’s stock valued at $90,000 after purchasing an additional 565 shares during the period. Hedge funds and other institutional investors own 97.13% of the company’s stock.

Insider Buying and Selling at Gentherm

In related news, SVP Barbara J. Runyon sold 3,348 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $34.82, for a total value of $116,577.36. Following the sale, the senior vice president owned 31,316 shares in the company, valued at $1,090,423.12. This represents a 9.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on THRM. Wall Street Zen upgraded Gentherm from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Zacks Research lowered Gentherm from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Baird R W upgraded shares of Gentherm from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of Gentherm in a report on Saturday, September 27th. Finally, Robert W. Baird raised their price objective on shares of Gentherm from $28.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, July 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.00.

Gentherm Stock Performance

Shares of THRM stock opened at $35.84 on Friday. The company has a current ratio of 2.01, a quick ratio of 1.35 and a debt-to-equity ratio of 0.30. The company’s fifty day moving average price is $34.99 and its 200-day moving average price is $30.20. The stock has a market cap of $1.09 billion, a PE ratio of 35.14 and a beta of 1.39. Gentherm Inc has a 12 month low of $22.75 and a 12 month high of $47.00.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Thursday, July 24th. The auto parts company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.05). The business had revenue of $375.09 million for the quarter, compared to the consensus estimate of $358.09 million. Gentherm had a return on equity of 9.90% and a net margin of 2.18%.The company’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.66 EPS. Gentherm has set its FY 2025 guidance at EPS. On average, equities analysts expect that Gentherm Inc will post 3.1 EPS for the current fiscal year.

Gentherm Company 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.