Garrett Motion Inc’s filing revealed that its 10% Owner Oaktree Capital Group Holdings unloaded Company’s shares for reported $72.1 million on May 29 ’25. In the deal valued at $10.30 per share,7,000,000 shares were sold. As a result of this transaction, Oaktree Capital Group Holdings now holds 36,894,816 shares worth roughly $391.09 million.
Then, Oaktree Capital Group Holdings sold 188,000 shares, generating $2,086,800 in total proceeds. Upon selling the shares at $11.10, the 10% Owner now owns 43,894,816 shares.
Before that, Centerbridge Credit Partners M sold 3,000,000 shares. Garrett Motion Inc shares valued at $30,900,000 were divested by the 10% Owner at a price of $10.30 per share. As a result of the transaction, Centerbridge Credit Partners M now holds 8,906,010 shares, worth roughly $94.4 million.
BWS Financial initiated its Garrett Motion Inc [GTX] rating to a Buy in a research note published on June 03, 2021; the price target was $15.
Price Performance Review of GTX
On Friday, Garrett Motion Inc [NASDAQ:GTX] saw its stock fall -0.75% to $10.60. Over the last five days, the stock has lost -5.19%. Garrett Motion Inc shares have risen nearly 17.39% since the year began. Nevertheless, the stocks have risen 19.10% over the past one year. While a 52-week high of $12.09 was reached on 05/15/25, a 52-week low of $7.01 was recorded on 04/04/25. SMA at 50 days reached $9.79, while 200 days put it at $8.92.
Levels Of Support And Resistance For GTX Stock
The 24-hour chart illustrates a support level at 10.46, which if violated will result in even more drops to 10.32. On the upside, there is a resistance level at 10.73. A further resistance level may holdings at 10.85. The Relative Strength Index (RSI) on the 14-day chart is 48.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.15%. Stochastics %K at 25.05% indicates the stock is a holding.
