Garrett Motion Inc’s filing revealed that its 10% Owner CYRUS CAPITAL PARTNERS, L.P. unloaded Company’s shares for reported $0.6 million on May 14 ’25. In the deal valued at $12.05 per share,50,000 shares were sold. As a result of this transaction, CYRUS CAPITAL PARTNERS, L.P. now holds 24,901,724 shares worth roughly $298.82 million.
Then, CYRUS CAPITAL PARTNERS, L.P. sold 200,000 shares, generating $2,276,120 in total proceeds. Upon selling the shares at $11.38, the 10% Owner now owns 24,951,724 shares.
Before that, CYRUS CAPITAL PARTNERS, L.P. sold 155,000 shares. Garrett Motion Inc shares valued at $1,743,099 were divested by the 10% Owner at a price of $11.25 per share. As a result of the transaction, CYRUS CAPITAL PARTNERS, L.P. now holds 25,151,724 shares, worth roughly $301.82 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 jump 1.01% to $12.00. Over the last five days, the stock has gained 3.63%. Garrett Motion Inc shares have risen nearly 32.89% since the year began. Nevertheless, the stocks have risen 28.07% 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 $9.42, while 200 days put it at $8.79.
Levels Of Support And Resistance For GTX Stock
The 24-hour chart illustrates a support level at 11.84, which if violated will result in even more drops to 11.68. On the upside, there is a resistance level at 12.09. A further resistance level may holdings at 12.18. The Relative Strength Index (RSI) on the 14-day chart is 79.46, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.76%. Stochastics %K at 96.42% indicates the stock is a selling.
