Jump Financial LLC Sells 990 Shares of Gentherm Incorporated (NASDAQ:THRM)

Jump Financial LLC decreased its holdings in Gentherm Incorporated (NASDAQ:THRM) by 16.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,100 shares of the auto parts company’s stock after selling 990 shares during the quarter. Jump Financial LLC’s holdings in Gentherm were worth $204,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Rhumbline Advisers boosted its position in Gentherm by 0.3% during the fourth quarter. Rhumbline Advisers now owns 90,758 shares of the auto parts company’s stock valued at $3,623,000 after acquiring an additional 277 shares during the last quarter. Signaturefd LLC boosted its position in shares of Gentherm by 233.8% during the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 463 shares in the last quarter. KBC Group NV boosted its position in shares of Gentherm by 82.2% during the 4th quarter. KBC Group NV now owns 1,822 shares of the auto parts company’s stock worth $73,000 after purchasing an additional 822 shares in the last quarter. Barclays PLC boosted its position in shares of Gentherm by 1.4% during the 4th quarter. Barclays PLC now owns 62,346 shares of the auto parts company’s stock worth $2,489,000 after purchasing an additional 880 shares in the last quarter. Finally, Headlands Technologies LLC boosted its position in shares of Gentherm by 117.1% during the 4th quarter. Headlands Technologies LLC now owns 1,837 shares of the auto parts company’s stock worth $73,000 after purchasing an additional 991 shares in the last quarter. Institutional investors own 97.13% of the company’s stock.

Gentherm Trading Down 0.2 %

THRM opened at $24.69 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.01 and a quick ratio of 1.38. Gentherm Incorporated has a fifty-two week low of $22.75 and a fifty-two week high of $56.72. The firm has a market capitalization of $760.18 million, a PE ratio of 11.93 and a beta of 1.46. The company’s 50-day moving average is $28.39 and its 200 day moving average is $36.20.

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

Insider Buying and Selling

In other Gentherm news, CEO William T. Presley acquired 3,000 shares of the business’s stock in a transaction on Friday, April 25th. The shares were acquired at an average price of $24.67 per share, with a total value of $74,010.00. Following the completion of the transaction, the chief executive officer now 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 document filed with the SEC, which is accessible through this link. 1.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently issued reports on THRM. JPMorgan Chase & Co. cut their price objective on shares of Gentherm from $56.00 to $51.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Robert W. Baird increased their price objective on shares of Gentherm from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, StockNews.com cut shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 26th.

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.