In a filing, Garrett Motion Inc revealed 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 $380.39 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 $91.82 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 -1.43% to $10.31. Over the last five days, the stock has gained 1.18%. Garrett Motion Inc shares have risen nearly 14.17% since the year began. Nevertheless, the stocks have risen 18.64% 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.
Levels Of Support And Resistance For GTX Stock
The 24-hour chart illustrates a support level at 10.19, which if violated will result in even more drops to 10.07. On the upside, there is a resistance level at 10.50. A further resistance level may holdings at 10.68.
How much short interest is there in Garrett Motion Inc?
A steep rise in short interest was recorded in Garrett Motion Inc stocks on 2025-05-30, dropping by -1.77 million shares to a total of 6.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 7.8 million shares. There was a decline of -29.36%, which implies that there is a negative sentiment for the stock.
