Gentherm director Paul Mascarenas buys $532,600 in shares

Paul Mascarenas, a director at Gentherm Inc (NASDAQ:THRM), purchased 20,000 shares of the company’s common stock on October 23, 2026. The transactions totaled $532,600.

The shares were acquired at prices ranging from $26.00 to $26.80, with a weighted average price of $26.63 per share. The purchase comes as Gentherm stock trades near its 52-week low of $25.31, down 16% year-to-date, with shares currently at $28.59. Following these transactions, Mr. Mascarenas directly holds 22,677 shares of Gentherm common stock. According to InvestingPro analysis, the stock appears undervalued at current levels, with the company offering a notable 7.24% dividend yield. InvestingPro subscribers have access to 10 additional ProTips for THRM, plus comprehensive Pro Research Reports covering 1,400+ US equities.

In other recent news, Gentherm Inc. reported its third-quarter financial results, revealing a significant miss in earnings expectations. The company announced adjusted diluted earnings of $0.33 per share, which fell short of Wall Street’s projection of $0.65 per share. Despite this earnings shortfall, Gentherm’s revenue for the quarter slightly exceeded forecasts, coming in at $405 million compared to the anticipated $403.97 million. These results highlight a 49.2% miss in earnings per share estimates. The earnings report has drawn attention from investors, given the discrepancy between the expected and actual earnings figures. Revenue performance, however, remains a positive note amid the earnings miss. No additional company news, such as mergers or analyst ratings, was reported in the recent updates. These developments are crucial for investors monitoring Gentherm’s financial health and market performance.