Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Gentherm Inc shares valued at $55,659 were sold by Stocker Thomas on Dec 11 ’24. At $42.98 per share, Stocker Thomas sold 1,295 shares. The insider’s holdings dropped to 13,413 shares worth approximately $0.33 million following the completion of this transaction.
Also, Stocker Thomas purchased 1,295 shares, netting a total of over 55,659 in proceeds.
Before that, Xu Hui (Helen) had sold 2,500 shares from its account. In a trade valued at $105,000, the SVP, General Manager, Asia traded Gentherm Inc shares for $42.00 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $0.46 million.
As published in a research note from JP Morgan on October 21, 2024, Gentherm Inc [THRM] has been rated up from an Underweight to a Neutral and the price target has been revised to $56. Analysts at Argus downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early December. As of July 11, 2023, Robert W. Baird has decreased its “an Outperform” rating to a “Neutral” for THRM. Earlier on October 27, 2021, Seaport Research Partners initiated its rating. Their recommendation was “a Buy” for THRM stock.
Analyzing THRM Stock Performance
During the last five days, there has been a surge of approximately 4.05%. Over the course of the year, Gentherm Inc shares have dropped approximately -38.91%. Shares of the company reached a 52-week high of $41.09 on 01/27/25 and a 52-week low of $22.75 on 04/11/25. A 50-day SMA is recorded $30.40, while a 200-day SMA reached $41.16.
Support And Resistance Levels for Gentherm Inc (THRM)
According to the 24-hour chart, there is a support level at 23.79, which, if violated, would cause prices to drop to 23.18. In the upper region, resistance lies at 24.83. The next price resistance is at 25.27. RSI (Relative Strength Index) is 34.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.83, which suggests the price will decrease in the coming days. Percent R is at 71.04%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
