Gentherm Inc’s recently made public that its President & CEO Eyler Phillip unloaded Company’s shares for reported $0.46 million on Sep 19 ’24. In the deal valued at $50.21 per share,9,098 shares were sold. As a result of this transaction, Eyler Phillip now holds 147,317 shares worth roughly $7.16 million.
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Then, Eyler Phillip sold 4,402 shares, generating $220,980 in total proceeds. Upon selling the shares at $50.20, the President & CEO now owns 147,317 shares.
Before that, Eyler Phillip sold 1,500 shares. Gentherm Inc shares valued at $75,000 were divested by the President & CEO at a price of $50.00 per share. As a result of the transaction, Eyler Phillip now holds 147,317 shares, worth roughly $7.16 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 Friday, Gentherm Inc [NASDAQ:THRM] saw its stock fall -4.35% to $48.57. Over the last five days, the stock has gained 1.65%. Gentherm Inc shares have fallen nearly -7.24% since the year began. Nevertheless, the stocks have fallen -13.97% over the past one year. While a 52-week high of $62.93 was reached on 02/21/24, a 52-week low of $38.21 was recorded on 09/11/24. SMA at 50 days reached $49.94, while 200 days put it at $51.06.
Levels Of Support And Resistance For THRM Stock
The 24-hour chart illustrates a support level at 47.55, which if violated will result in even more drops to 46.54. On the upside, there is a resistance level at 50.11. A further resistance level may holdings at 51.66. The Relative Strength Index (RSI) on the 14-day chart is 49.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.86, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 34.23%. Stochastics %K at 74.75% indicates the stock is a holding.
How much short interest is there in Gentherm Inc?
A steep rise in short interest was recorded in Gentherm Inc stocks on 2024-08-30, growing by 51931.0 shares to a total of 1.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 1.03 million shares. There was a rise of 4.82%, which implies that there is a positive sentiment for the stock.