Gentherm Inc (THRM) Insider Lowers Holdings By Over 3,000 Shares

Gentherm Inc (NASDAQ:THRM), watched as a high level insider lowered his exposure to the company today, August 14th. Vice President, General Counsel, and Secretary John Kenneth Phillips sold a total of 3,264 shares through multiple transactions, at an average price of $46.1909 per share. Following the completion of this transaction, Phillips now has 37,750 shares directly invested in the company. Gentherm Inc (NASDAQ:THRM), is a $1.67 billion market cap company that operates as a global developer and marketer of thermal management technologies for a range of heating and cooling and temperature control applications.
In addition, there are multiple hedge funds are involved with this company. Josh Goldberg‘s G2 Investment Partners Management rose its activity by 317% last quarter, now holding 316,159 shares worth nearly $11 million; while Granite Point Capital, the hedge fund run by Warren lammert hold 100,800 shares with a market value of about $3.5 million in the company.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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