Gentherm Inc’s filing revealed that its SVP, General Manager, Europe Stocker Thomas unloaded Company’s shares for reported $55659.0 on Dec 11 ’24. In the deal valued at $42.98 per share,1,295 shares were sold. As a result of this transaction, Stocker Thomas now holds 13,413 shares worth roughly $0.54 million.
Then, Stocker Thomas bought 1,295 shares, generating $55,659 in total proceeds.
Before that, Xu Hui (Helen) sold 2,500 shares. Gentherm Inc shares valued at $105,000 were divested by the SVP, General Manager, Asia at a price of $42.00 per share. As a result of the transaction, Xu Hui (Helen) now holds 18,947 shares, worth roughly $0.76 million.
JP Morgan upgraded its Gentherm Inc [THRM] rating to a Neutral from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who decreased its forecast for the stock in early December from “a Buy” to “a Hold”. Robert W. Baird also remained covering THRM and has decreased its forecast on July 11, 2023 with a “Neutral” recommendation from previously “an Outperform” rating. Seaport Research Partners started covering the stock on October 27, 2021. It rated THRM as “a Buy”.
Price Performance Review of THRM
On Friday, Gentherm Inc [NASDAQ:THRM] saw its stock jump 1.54% to $40.14. Over the last five days, the stock has gained 3.99%. Gentherm Inc shares have risen nearly 0.54% since the year began. Nevertheless, the stocks have fallen -16.03% over the past one year. While a 52-week high of $62.93 was reached on 01/06/25, a 52-week low of $37.94 was recorded on 01/13/25. SMA at 50 days reached $41.30, while 200 days put it at $47.18.
Levels Of Support And Resistance For THRM Stock
The 24-hour chart illustrates a support level at 39.66, which if violated will result in even more drops to 39.19. On the upside, there is a resistance level at 40.56. A further resistance level may holdings at 40.98. The Relative Strength Index (RSI) on the 14-day chart is 51.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.00%. Stochastics %K at 61.28% 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 2024-12-31, growing by 0.19 million shares to a total of 0.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.71 million shares. There was a rise of 21.25%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 22, 2021 when Robert W. Baird began covering the stock and recommended ‘”an Outperform”‘ rating along with a $94 price target.
