Gentherm Inc (THRM) Files Form 4 Insider Selling : Darren Schumacher Sells 16,011 Shares

Gentherm Inc (THRM): Darren Schumacher , VP Product Development of Gentherm Inc sold 16,011 shares on Jun 2, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $37.74 per share for a total value of $604,219.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 2, 2016, Barry G Steele (CFO/VP Finance/Treasurer) sold 20,000 shares at $49.58 per share price.On Mar 2, 2016, Kenneth John Phillips (VP & General Counsel/Secretary) sold 10,000 shares at $52.54 per share price.Also, On Nov 30, 2015, Daniel R Coker (PRESIDENT & CEO) sold 6,120 shares at $50.60 per share price.On Nov 20, 2015, Darren Schumacher (VP Product Development) sold 15,000 shares at $48.01 per share price.

Shares of Gentherm Inc (THRM) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.51 points or -1.35% at $37.34 with 1,85,771 shares getting traded. Post opening the session at $37.61, the shares hit an intraday low of $37 and an intraday high of $37.87 and the price vacillated in this range throughout the day. The company has a market cap of $1,360 M and the number of outstanding shares has been calculated to be 3,64,29,697 shares. The 52-week high of Gentherm Inc is $57.95 and the 52-week low is $34.09.

Gentherm Inc Money Flow Index Chart

Gentherm Incorporated (Gentherm) is engaged in the design development and manufacturing of thermal management technologies. The Company’s segments are: Automotive Industrial. The Automotive segment represents Gentherm’s three geographic operating segments: North America Europe and Asia. The Automotive segment includes automotive seat comfort systems specialized automotive cable systems and other automotive and non-automotive thermal convenience products. The Industrial segment includes Gentherm Global Power Technologies (GPT) and Gentherm’s advanced research and product development division. The advanced research and product development division is engaged in projects to improve the efficiency of thermal management technologies and to develop market and distribute products based on these new technologies.

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