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Gentherm Inc [THRM] Insider Eyler Phillip sells 15,000 Shares for $15,000

In a filing, Gentherm Inc revealed its President & CEO Eyler Phillip unloaded Company’s shares for reported $0.83 million on Apr 05 ’24. In the deal valued at $55.17 per share,15,000 shares were sold. As a result of this transaction, Eyler Phillip now holds 147,317 shares worth roughly $7.45 million.

Then, Eyler Phillip sold 15,000 shares, generating $845,948 in total proceeds. Upon selling the shares at $56.40, the President & CEO now owns 126,487 shares.

Before that, Stocker Thomas sold 3,000 shares. Gentherm Inc shares valued at $170,430 were divested by the SVP, GM Glo Pneu Comf & BPS at a price of $56.81 per share. As a result of the transaction, Stocker Thomas now holds 8,950 shares, worth roughly $0.45 million.

Argus downgraded its Gentherm Inc [THRM] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid July from “an Outperform” to “a Neutral”. Seaport Research Partners began covering THRM with “Buy” recommendation on October 27, 2021. Robert W. Baird started covering the stock on September 22, 2021. It rated THRM as “an Outperform”.

Price Performance Review of THRM

On Tuesday, Gentherm Inc [NASDAQ:THRM] saw its stock jump 0.38% to $50.57. Over the last five days, the stock has gained 0.34%. Gentherm Inc shares have fallen nearly -3.42% since the year began. Nevertheless, the stocks have fallen -15.22% over the past one year. While a 52-week high of $66.54 was reached on 02/21/24, a 52-week low of $38.21 was recorded on 01/17/24. SMA at 50 days reached $54.25, while 200 days put it at $52.82. A total of 0.47 million shares were traded, compared to the trading of 0.13 million shares in the previous session.

Levels Of Support And Resistance For THRM Stock

The 24-hour chart illustrates a support level at 48.49, which if violated will result in even more drops to 46.40. On the upside, there is a resistance level at 54.69. A further resistance level may holdings at 58.80. The Relative Strength Index (RSI) on the 14-day chart is 40.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.03%. Stochastics %K at 21.28% indicates the stock is a holding.

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