Loar Holdings Inc’s recently made public that its 10% Owner Blackstone Holdings IV L.P. unloaded Company’s shares for reported $247.83 million on Jun 09 ’25. In the deal valued at $82.61 per share,3,000,000 shares were sold. As a result of this transaction, Blackstone Holdings IV L.P. now holds 125,840 shares worth roughly $10.5 million.
Then, GSO Capital Opportunities Fund sold 3,000,000 shares, generating $247,830,000 in total proceeds. Upon selling the shares at $82.61, the 10% Owner now owns 125,840 shares.
Before that, Blackstone Alternative Credit sold 3,000,000 shares. Loar Holdings Inc shares valued at $247,830,000 were divested by the 10% Owner at a price of $82.61 per share. As a result of the transaction, Blackstone Alternative Credit now holds 125,840 shares, worth roughly $10.5 million.
A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early April from “an Equal-weight” to “an Overweight”. Jefferies began covering LOAR with “Buy” recommendation on June 03, 2024. RBC Capital Mkts started covering the stock on May 20, 2024. It rated LOAR as “an Outperform”.
Price Performance Review of LOAR
On Friday, Loar Holdings Inc [NYSE:LOAR] saw its stock fall -1.16% to $83.41. Over the last five days, the stock has lost -7.24%. Loar Holdings Inc shares have risen nearly 12.85% since the year began. Nevertheless, the stocks have risen 37.57% over the past one year. While a 52-week high of $99.67 was reached on 05/12/25, a 52-week low of $51.50 was recorded on 03/13/25.
Levels Of Support And Resistance For LOAR Stock
The 24-hour chart illustrates a support level at 82.65, which if violated will result in even more drops to 81.89. On the upside, there is a resistance level at 84.51. A further resistance level may holdings at 85.61.
How much short interest is there in Loar Holdings Inc?
A steep rise in short interest was recorded in Loar Holdings Inc stocks on 2025-05-30, growing by 0.94 million shares to a total of 3.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 2.98 million shares. There was a rise of 23.92%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 20, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $55 price target.