Captrust Financial Advisors Purchases 314 Shares of Gentherm Incorporated (NASDAQ:THRM)

Captrust Financial Advisors boosted its holdings in Gentherm Incorporated (NASDAQ:THRM) by 3.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 8,296 shares of the auto parts company’s stock after acquiring an additional 314 shares during the quarter. Captrust Financial Advisors’ holdings in Gentherm were worth $386,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. SG Americas Securities LLC grew its holdings in shares of Gentherm by 1,317.7% during the second quarter. SG Americas Securities LLC now owns 25,590 shares of the auto parts company’s stock valued at $1,262,000 after buying an additional 23,785 shares during the last quarter. Global Alpha Capital Management Ltd. boosted its stake in Gentherm by 22.6% during the 3rd quarter. Global Alpha Capital Management Ltd. now owns 632,673 shares of the auto parts company’s stock valued at $29,451,000 after purchasing an additional 116,500 shares during the last quarter. Raymond James & Associates increased its holdings in Gentherm by 18.9% during the 3rd quarter. Raymond James & Associates now owns 128,468 shares of the auto parts company’s stock worth $5,980,000 after purchasing an additional 20,401 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Gentherm by 1.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 460,829 shares of the auto parts company’s stock worth $21,452,000 after purchasing an additional 5,754 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Gentherm by 1.1% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 951,798 shares of the auto parts company’s stock valued at $46,943,000 after purchasing an additional 10,402 shares in the last quarter. Institutional investors and hedge funds own 97.13% of the company’s stock.

Insider Activity

In related news, SVP Hui (Helen) Xu sold 2,500 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $42.00, for a total value of $105,000.00. Following the sale, the senior vice president now directly owns 18,947 shares in the company, valued at approximately $795,774. The trade was a 11.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Phillip Eyler sold 4,402 shares of the company’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $50.20, for a total transaction of $220,980.40. Following the sale, the chief executive officer now directly owns 147,317 shares in the company, valued at approximately $7,395,313.40. This trade represents a 2.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,197 shares of company stock valued at $381,640 in the last three months. Company insiders own 1.91% of the company’s stock.

Gentherm Stock Performance

Shares of Gentherm stock opened at $41.74 on Friday. The firm has a market capitalization of $1.29 billion, a P/E ratio of 19.50 and a beta of 1.42. The company has a current ratio of 2.02, a quick ratio of 1.38 and a debt-to-equity ratio of 0.34. The business’s fifty day simple moving average is $42.42 and its 200 day simple moving average is $47.37. Gentherm Incorporated has a 12 month low of $39.86 and a 12 month high of $62.93.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings results on Wednesday, October 30th. The auto parts company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.09. Gentherm had a net margin of 4.61% and a return on equity of 14.36%. The company had revenue of $371.50 million during the quarter, compared to analyst estimates of $372.89 million. During the same quarter in the prior year, the business earned $0.64 earnings per share. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. As a group, analysts anticipate that Gentherm Incorporated will post 2.71 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently commented on THRM. Robert W. Baird lowered their price target on Gentherm from $54.00 to $50.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. JPMorgan Chase & Co. upgraded shares of Gentherm from an “underweight” rating to a “neutral” rating and set a $56.00 target price for the company in a report on Monday, October 21st. Finally, Craig Hallum cut their price target on shares of Gentherm from $85.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, October 31st.

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.