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 $13,597,091 were sold by CYRUS CAPITAL PARTNERS, L.P. on Apr 14 ’25. At $9.05 per share, CYRUS CAPITAL PARTNERS, L.P. sold 1,502,441 shares. The insider’s holdings dropped to 25,834,957 shares worth approximately $230.96 million following the completion of this transaction.
Also, CYRUS CAPITAL PARTNERS, L.P. sold 250,000 shares, netting a total of over 2,257,500 in proceeds. Following the sale of shares at $9.03 each, the insider now holds 25,584,957 shares.
Before that, CYRUS CAPITAL PARTNERS, L.P. had sold 150,000 shares from its account. In a trade valued at $1,350,000, the 10% Owner traded Garrett Motion Inc shares for $9.00 each. Upon closing the transaction, the insider’s holdings decreased to 150,000 shares, worth approximately $227.39 million.
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 2.52%. Over the course of the year, Garrett Motion Inc shares have dropped approximately -1.00%. Shares of the company reached a 52-week high of $10.39 on 02/24/25 and a 52-week low of $7.01 on 04/04/25. A 50-day SMA is recorded $9.01, while a 200-day SMA reached $8.63.
Support And Resistance Levels for Garrett Motion Inc (GTX)
According to the 24-hour chart, there is a support level at 8.83, which, if violated, would cause prices to drop to 8.71. In the upper region, resistance lies at 9.06. The next price resistance is at 9.18. RSI (Relative Strength Index) is 54.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.63, which suggests the price will decrease in the coming days. Percent R is at 12.50%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
