StandardAero Inc’s filing revealed that its 10% Owner GIC Private Ltd unloaded Company’s shares for reported $180.07 million on Mar 27 ’25. In the deal valued at $27.16 per share,6,629,834 shares were sold. As a result of this transaction, GIC Private Ltd now holds 40,817,224 shares worth roughly $1.11 billion.
Then, GIC Private Ltd sold 2,900,552 shares, generating $65,958,552 in total proceeds. Upon selling the shares at $22.74, the 10% Owner now owns 47,447,058 shares.
Wolfe Research initiated its StandardAero Inc [SARO] rating to an Outperform in a research note published on October 28, 2024; the price target was $34. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late October with a ‘”a Neutral”‘ rating. RBC Capital Mkts began covering SARO with “an Outperform” recommendation on October 28, 2024. Morgan Stanley started covering the stock on October 28, 2024. It rated SARO as “an Equal-weight”.
Price Performance Review of SARO
On Friday, StandardAero Inc [NYSE:SARO] saw its stock fall -3.07% to $27.18. Over the last five days, the stock has lost -4.93%. StandardAero Inc shares have risen nearly 9.77% since the year began.
Levels Of Support And Resistance For SARO Stock
The 24-hour chart illustrates a support level at 26.83, which if violated will result in even more drops to 26.47. On the upside, there is a resistance level at 27.85. A further resistance level may holdings at 28.51. The Relative Strength Index (RSI) on the 14-day chart is 45.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.14%. Stochastics %K at 44.77% indicates the stock is a holding.
How much short interest is there in StandardAero Inc?
A steep rise in short interest was recorded in StandardAero Inc stocks on 2025-03-14, dropping by -0.95 million shares to a total of 7.02 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.97 million shares. There was a decline of -13.52%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 28, 2024 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $36 price target.
