Van Berkom & Associates Inc. Purchases 19,943 Shares of Gentherm Inc (NASDAQ:THRM)

Van Berkom & Associates Inc. grew its position in Gentherm Inc (NASDAQ:THRM) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,973,694 shares of the auto parts company’s stock after acquiring an additional 19,943 shares during the period. Gentherm comprises about 2.4% of Van Berkom & Associates Inc.’s portfolio, making the stock its 12th largest holding. Van Berkom & Associates Inc. owned 5.98% of Gentherm worth $82,560,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in THRM. NumerixS Investment Technologies Inc lifted its stake in shares of Gentherm by 200.0% during the 1st quarter. NumerixS Investment Technologies Inc now owns 4,200 shares of the auto parts company’s stock worth $156,000 after buying an additional 2,800 shares during the last quarter. William Blair Investment Management LLC lifted its stake in shares of Gentherm by 4.2% during the 1st quarter. William Blair Investment Management LLC now owns 338,867 shares of the auto parts company’s stock worth $12,491,000 after buying an additional 13,550 shares during the last quarter. New York State Common Retirement Fund lifted its stake in shares of Gentherm by 44.3% during the 1st quarter. New York State Common Retirement Fund now owns 52,100 shares of the auto parts company’s stock worth $1,920,000 after buying an additional 16,000 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Gentherm by 2.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,614,527 shares of the auto parts company’s stock worth $64,548,000 after buying an additional 31,233 shares during the last quarter. Finally, Seizert Capital Partners LLC lifted its stake in shares of Gentherm by 68.7% during the 2nd quarter. Seizert Capital Partners LLC now owns 52,651 shares of the auto parts company’s stock worth $2,202,000 after buying an additional 21,435 shares during the last quarter.

A number of analysts have recently issued reports on THRM shares. Argus cut shares of Gentherm from a “buy” rating to a “hold” rating in a research note on Monday, July 29th. TheStreet cut shares of Gentherm from a “b-” rating to a “c+” rating in a research note on Thursday, July 25th. BidaskClub upgraded shares of Gentherm from a “sell” rating to a “hold” rating in a research note on Tuesday, September 10th. Zacks Investment Research upgraded shares of Gentherm from a “sell” rating to a “hold” rating in a research note on Thursday, August 15th. Finally, ValuEngine upgraded shares of Gentherm from a “hold” rating to a “buy” rating in a research note on Tuesday, July 2nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $43.67.

Gentherm stock traded down $0.34 during midday trading on Wednesday, hitting $42.00. The company’s stock had a trading volume of 5,684 shares, compared to its average volume of 161,207. Gentherm Inc has a 1-year low of $35.63 and a 1-year high of $50.30. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.34 and a quick ratio of 1.65. The company has a 50-day moving average price of $38.66 and a two-hundred day moving average price of $39.56. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 1.56 and a beta of 1.30.

Gentherm (NASDAQ:THRM) last issued its quarterly earnings data on Thursday, July 25th. The auto parts company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.01). Gentherm had a return on equity of 14.49% and a net margin of 2.31%. The business had revenue of $243.33 million during the quarter, compared to analyst estimates of $254.53 million. During the same quarter last year, the firm earned $0.58 EPS. Gentherm’s revenue for the quarter was down 8.7% compared to the same quarter last year. Sell-side analysts forecast that Gentherm Inc will post 2.1 EPS for the current year.

In other Gentherm news, VP Kenneth John Phillips sold 3,577 shares of Gentherm stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $42.38, for a total value of $151,593.26. Following the completion of the sale, the vice president now owns 17,069 shares in the company, valued at approximately $723,384.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by insiders.

Gentherm Profile

Gentherm, Inc engages in the design, development, manufacture, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive and Industrial.. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products.

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Institutional Ownership by Quarter for Gentherm (NASDAQ:THRM)

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