Gentherm Stock Down 60% Since 2022 — But One Hedge Fund Just Bought 431,072 Shares

On November 14, New York-based Harvey Partners disclosed in an SEC filing that as of September 30, it had bought 431,072 shares of Gentherm (NASDAQ:THRM), increasing the stake by approximately $18.1 million.According to a Securities and Exchange Commission (SEC) filing dated November 14, Harvey Partners boosted its holding in Gentherm by 431,072 shares during the third quarter. The firm’s position as of September 30 stood at about 1 million shares with a market value of $34.9 million.This buy brings the Gentherm stake to 3.1% of Harvey Partners’ reportable U.S. equity AUM, below the top five fund holdings.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool