Gentherm (NASDAQ:THRM) Hits New 1-Year Low - Should You Sell?

Gentherm Incorporated (NASDAQ:THRM - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $35.65 and last traded at $36.24, with a volume of 1202 shares trading hands. The stock had previously closed at $36.24.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Gentherm from $56.00 to $51.00 and set a "neutral" rating for the company in a research note on Monday, January 27th. Robert W. Baird dropped their price objective on shares of Gentherm from $54.00 to $50.00 and set a "neutral" rating for the company in a research note on Thursday, October 31st. Craig Hallum dropped their price objective on shares of Gentherm from $85.00 to $65.00 and set a "buy" rating for the company in a research note on Thursday, October 31st. Finally, StockNews.com downgraded shares of Gentherm from a "strong-buy" rating to a "buy" rating in a research report on Monday, February 10th.

Gentherm Stock Performance

The stock's 50-day moving average is $39.17 and its 200-day moving average is $43.40. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 16.56 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.

Insider Buying and Selling at Gentherm

In other Gentherm news, SVP Thomas Stocker sold 1,295 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $42.98, for a total value of $55,659.10. Following the completion of the sale, the senior vice president now owns 13,413 shares of the company's stock, valued at $576,490.74. This trade represents a 8.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Hui (Helen) Xu sold 2,500 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $42.00, for a total transaction of $105,000.00. Following the completion of the sale, the senior vice president now directly owns 18,947 shares of the company's stock, valued at $795,774. This trade represents a 11.66 % decrease in their position. The disclosure for this sale can be found here. 1.91% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Gentherm

Several institutional investors and hedge funds have recently made changes to their positions in THRM. Quarry LP boosted its stake in shares of Gentherm by 952.9% during the 3rd quarter. Quarry LP now owns 537 shares of the auto parts company's stock valued at $25,000 after buying an additional 486 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Gentherm by 233.8% during the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company's stock valued at $26,000 after buying an additional 463 shares during the last quarter. Gladius Capital Management LP purchased a new position in shares of Gentherm during the 3rd quarter valued at approximately $44,000. KBC Group NV boosted its stake 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 valued at $73,000 after buying an additional 822 shares during the last quarter. Finally, Headlands Technologies LLC boosted its stake 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 valued at $73,000 after buying an additional 991 shares during the last quarter. 97.13% of the stock is currently owned by hedge funds and other institutional investors.

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.