Today it was reported that the President Auto BU of Gentherm (NASDAQ: THRM), Frithjof Oldorff, exercised options to sell 20,000 THRM shares at $22.63 a share, for a total transaction value of $983K.
Following Frithjof Oldorff’s last THRM Sell transaction on November 10, 2015, the stock climbed by 1.9%.
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Based on Gentherm’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $264 million and quarterly net profit of $16.66 million. In comparison, last year the company earned revenue of $243 million and had a net profit of $8.51 million. THRM’s market cap is $1.79B and the company has a P/E ratio of 58.51. Currently, Gentherm has an average volume of 550.3K.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $44.50, reflecting a -8.9% downside.
The insider sentiment on Gentherm has been positive according to 45 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Gentherm, Inc. engages in the design, development, manufacture, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive, Industrial, and Reconciling Items.
