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Gentherm (NASDAQ:THRM) Director Oscar B. Marx III sold 10,000 shares of the stock on the open market in a transaction dated Friday, August 1st. The stock was sold at an average price of $43.13, for a total transaction of $431,300.00. Following the completion of the transaction, the director now directly owns 482,425 shares in the company, valued at approximately $20,806,990. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Gentherm (NASDAQ:THRM) traded down 1.21% during mid-day trading on Monday, hitting $43.565. The stock had a trading volume of 557,179 shares. Gentherm has a 52-week low of $16.52 and a 52-week high of $49.23. The stock has a 50-day moving average of $44.90 and a 200-day moving average of $36.21. The company has a market cap of $1.537 billion and a price-to-earnings ratio of 37.56.

Gentherm (NASDAQ:THRM) last announced its earnings results on Friday, August 1st. The company reported $0.46 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.36 by $0.10. The company had revenue of $206.20 million for the quarter, compared to the consensus estimate of $190.52 million. During the same quarter last year, the company posted $0.15 earnings per share. Gentherm’s revenue was up 28.5% compared to the same quarter last year. On average, analysts predict that Gentherm will post $1.60 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. initiated coverage on shares of Gentherm in a research note on Wednesday, July 23rd. They set an “overweight” rating and a $57.00 price target on the stock. Separately, analysts at Zacks downgraded shares of Gentherm from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 8th. They now have a $48.30 price target on the stock. Finally, analysts at Barrington Research initiated coverage on shares of Gentherm in a research note on Wednesday, June 25th. They set a “market perform” rating and a $45.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $46.61.

Gentherm Inc, formerly Amerigon Incorporated, doing business as Gentherm, is a global developer and marketer of thermal management technologies for a range of heating and cooling and temperature control applications.

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