The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Garrett Motion Inc shares valued at $6,477,360 were sold by Centerbridge Special Credit Pa on Feb 26 ’25. At $9.93 per share, Centerbridge Special Credit Pa sold 652,174 shares. The insider’s holdings dropped to 10,201,776 shares worth approximately $99.57 million following the completion of this transaction.
Also, Centerbridge Special Credit Pa sold 88,061 shares, netting a total of over 875,185 in proceeds. Following the sale of shares at $9.94 each, the insider now holds 10,395,183 shares.
Before that, Mabru Thierry had added 50,000 shares to its account. In a trade valued at $373,490, the Officer bought Garrett Motion Inc shares for $7.47 each.
As published in their initiating research note from BWS Financial on June 03, 2021, Garrett Motion Inc [GTX] has been a Buy and the price target has been revised to $15.
Analyzing GTX Stock Performance
During the last five days, there has been a surge of approximately 0.10%. Over the course of the year, Garrett Motion Inc shares have jumped approximately 8.08%. Shares of the company reached a 52-week high of $10.39 on 02/24/25 and a 52-week low of $8.71 on 01/10/25. A 50-day SMA is recorded $9.36, while a 200-day SMA reached $8.65. Nevertheless, trading volume fell to 2.73 million shares from 3.28 million shares the previous day.
Support And Resistance Levels for Garrett Motion Inc (GTX)
According to the 24-hour chart, there is a support level at 9.64, which, if violated, would cause prices to drop to 9.53. In the upper region, resistance lies at 9.99. The next price resistance is at 10.22. RSI (Relative Strength Index) is 56.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.38, which suggests the price will decrease in the coming days. Percent R is at 47.53%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
