Gentherm Inc shares sold by insider and institutional investors

Segall Bryant & Hamill LLC reduced its holding in Gentherm Inc (NASDAQ:THRM) by 7.0%, selling 69,226 shares and ending the quarter with 924,089 shares, representing about 3.0% of the company.

Senior Vice President Wayne Kauffman III sold 4,700 shares at an average price of $43.21, a 14.6% decline in his stake, leaving him with 27,421 shares valued at roughly $1.18 million. Both transactions were disclosed in SEC filings.

Gentherm recently reported quarterly earnings of $0.75 per share, beating estimates, with revenue of $404.94 million, up 11% year‑over‑year. The board also authorized a $400 million share‑repurchase program, allowing the company to buy back up to 36.2% of its outstanding shares.