Insider Trading News

Gentherm president & CEO William Presley buys $130,000 in shares

By Investing.com2 min readInvesting.com
Gentherm president & CEO William Presley buys $130,000 in sharesGentherm president & CEO William Presley buys $130,000 in shares

Gentherm president & CEO William Presley buys $130,000 in shares

William T. Presley, President & CEO of Gentherm Inc. (NASDAQ:THRM), recently acquired shares of the company’s common stock. The transaction, which occurred on October 23, 2026, involved the purchase of 5,000 shares.

Mr. Presley acquired the shares at a price of $26.00 per share, totaling $130,000. The purchase comes as the stock trades near its 52-week low of $25.31, down 18% over the past year. According to InvestingPro analysis, Gentherm appears undervalued at current levels, with the platform’s Fair Value suggesting upside potential. Following this transaction, Mr. Presley beneficially owns 183,314 shares of Gentherm common stock.

In addition to his role as President & CEO, Mr. Presley also serves as a Director for Gentherm Inc.

In other recent news, Gentherm Inc. reported its third-quarter financial results, revealing a significant shortfall in earnings compared to analyst expectations. The company announced adjusted diluted earnings of $0.33 per share, which fell short of the anticipated $0.65 per share. However, Gentherm’s revenue of $405 million slightly surpassed the forecasted $403.97 million. These recent developments highlight a challenging quarter for the company, with earnings missing estimates by $0.32 per share, or 49.2%. Despite the revenue exceeding projections, the earnings miss was notable. The company’s stock movement was not mentioned in the report.