Gentherm Inc (THRM) Files Form 4 Insider Selling : Erin Erwine Ascher Sells 1,009 Shares

Gentherm Inc (THRM): Erin Erwine Ascher , VP Talent Devlopment CHRO of Gentherm Inc sold 1,009 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $36.89 per share for a total value of $37,222.01 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 6, 2016, Darren Schumacher (VP Product Development) sold 16,011 shares at $37.74 per share price.On Mar 2, 2016, Barry G Steele (CFO/VP Finance/Treasurer) sold 20,000 shares at $49.58 per share price.Also, On Mar 2, 2016, Kenneth John Phillips (VP & General Counsel/Secretary) sold 10,000 shares at $52.54 per share price.On Nov 30, 2015, Daniel R Coker (PRESIDENT & CEO) sold 6,120 shares at $50.60 per share price.

GENTHERM INC COM: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in GENTHERM INC COM which led to swings in the share price. The shares opened for trading at $37.33 and hit $37.87 on the upside , eventually ending the session at $37.45, with a gain of 0.97% or 0.36 points. The heightened volatility saw the trading volume jump to 4,12,661 shares. The 52-week high of the share price is $57.95 and the company has a market cap of $1,364 M . The 52-week low of the share price is at $34.09.

GENTHERM INC COM 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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