Disciplined Growth Investors Inc. MN Has $54.45 Million Position in Gentherm Incorporated (NASDAQ:THRM)

Disciplined Growth Investors Inc. MN lifted its stake in Gentherm Incorporated (NASDAQ:THRM - Free Report) by 2.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,169,671 shares of the auto parts company's stock after acquiring an additional 23,051 shares during the quarter. Disciplined Growth Investors Inc. MN owned approximately 3.78% of Gentherm worth $54,448,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP lifted its stake in Gentherm by 952.9% in the 3rd quarter. Quarry LP now owns 537 shares of the auto parts company's stock valued at $25,000 after purchasing an additional 486 shares during the last quarter. Gladius Capital Management LP acquired a new stake in shares of Gentherm in the third quarter valued at approximately $44,000. Headlands Technologies LLC boosted its stake in shares of Gentherm by 134.0% during the 2nd quarter. Headlands Technologies LLC now owns 1,224 shares of the auto parts company's stock worth $60,000 after acquiring an additional 701 shares during the period. Palouse Capital Management Inc. acquired a new position in shares of Gentherm during the 2nd quarter worth approximately $92,000. Finally, MeadowBrook Investment Advisors LLC raised its stake in Gentherm by 8.4% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 3,360 shares of the auto parts company's stock valued at $156,000 after acquiring an additional 260 shares during the period. Institutional investors own 97.13% of the company's stock.

Gentherm Price Performance

NASDAQ:THRM traded up $0.79 during trading hours on Tuesday, reaching $43.58. 86,726 shares of the company were exchanged, compared to its average volume of 187,058. The company has a market capitalization of $1.35 billion, a P/E ratio of 20.00 and a beta of 1.42. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.02 and a quick ratio of 1.38. The business has a 50 day moving average of $42.44 and a 200 day moving average of $47.47. Gentherm Incorporated has a 1-year low of $39.86 and a 1-year high of $62.93.

Gentherm (NASDAQ:THRM - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The auto parts company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.09. The business had revenue of $371.50 million during the quarter, compared to analysts' expectations of $372.89 million. Gentherm had a net margin of 4.61% and a return on equity of 14.36%. Gentherm's revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.64 earnings per share. Research analysts forecast that Gentherm Incorporated will post 2.71 EPS for the current year.

Insider Activity at Gentherm

In other Gentherm news, SVP Hui (Helen) Xu sold 2,500 shares of the company'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 completion of the transaction, the senior vice president now owns 18,947 shares of the company's stock, valued at $795,774. This represents a 11.66 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Phillip Eyler sold 4,402 shares of the business's stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $50.20, for a total value of $220,980.40. Following the sale, the chief executive officer now 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. 1.91% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on THRM shares. Robert W. Baird dropped their price objective on shares of Gentherm from $54.00 to $50.00 and set a "neutral" rating on the stock in a research report on Thursday, October 31st. Craig Hallum cut their price objective on shares of Gentherm from $85.00 to $65.00 and set a "buy" rating for the company in a research report on Thursday, October 31st. Finally, JPMorgan Chase & Co. upgraded Gentherm from an "underweight" rating to a "neutral" rating and set a $56.00 target price on the stock in a research note on Monday, October 21st.

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.