StandardAero Inc’s recent filing unveils that its 10% Owner Carlyle Group Inc. unloaded Company’s shares for reported $100.23 million on May 29 ’25. In the deal valued at $27.30 per share,3,671,271 shares were sold. As a result of this transaction, Carlyle Group Inc. now holds 152,673,891 shares worth roughly $4.67 billion.
Then, GIC Private Ltd sold 828,729 shares, generating $22,624,302 in total proceeds. Upon selling the shares at $27.30, the 10% Owner now owns 34,463,633 shares.
Before that, Carlyle Group Inc. sold 24,475,138 shares. StandardAero Inc shares valued at $668,171,267 were divested by the 10% Owner at a price of $27.30 per share. As a result of the transaction, Carlyle Group Inc. now holds 156,345,162 shares, worth roughly $4.78 billion.
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 jump 0.11% to $30.56. Over the last five days, the stock has gained 3.11%. StandardAero Inc shares have risen nearly 23.43% since the year began.
Levels Of Support And Resistance For SARO Stock
The 24-hour chart illustrates a support level at 30.05, which if violated will result in even more drops to 29.58. On the upside, there is a resistance level at 30.79. A further resistance level may holdings at 31.06. The Relative Strength Index (RSI) on the 14-day chart is 68.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.71%. Stochastics %K at 89.48% indicates the stock is a selling.
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.
