Today, the VP & General Counsel of Gentherm (NASDAQ: THRM), Kenneth John Phillips, bought shares of THRM for $382K.
This recent transaction increases Kenneth John Phillips’ holding in the company by 64.11% to a total of $1.27 million. This is Phillips’ first Buy trade following 12 Sell transactions.
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Based on Gentherm’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $262 million and quarterly net profit of $12.97 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 $1.49B and the company has a P/E ratio of 65.81. Currently, Gentherm has an average volume of 186.6K.
Seven different firms, including Argus Research and B.Riley FBR, currently also have a Buy rating on the stock. Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $40.75, reflecting a 0.1% upside.
The insider sentiment on Gentherm has been negative according to 39 insider trades in the past three months. This sentiment is lower 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.
