Insider Selling: Garrett Motion (NYSE:GTX) SVP Sells 13,000 Shares of Stock

Garrett Motion Inc. (NYSE:GTX - Get Free Report) SVP Daniel Deiro sold 13,000 shares of the firm's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $20.31, for a total value of $264,030.00. Following the transaction, the senior vice president owned 180,994 shares in the company, valued at approximately $3,675,988.14. This trade represents a 6.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

• Garrett Motion Inc. Skids on Results: Is it Time to Buy the Dip?

Daniel Deiro also recently made the following trade(s):

• On Thursday, February 26th, Daniel Deiro sold 20,000 shares of Garrett Motion stock. The stock was sold at an average price of $20.29, for a total value of $405,800.00.

Garrett Motion Stock Performance

Shares of NYSE GTX opened at $20.36 on Friday. The business's 50-day simple moving average is $18.73 and its 200-day simple moving average is $16.15. Garrett Motion Inc. has a 52 week low of $7.01 and a 52 week high of $21.42. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 16.03 and a beta of 0.33.

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• The Top 2 Chip Stocks Going Into Earnings Season 

Garrett Motion (NYSE:GTX - Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.03. Garrett Motion had a negative return on equity of 38.75% and a net margin of 8.12%.The company's quarterly revenue was up 5.6% compared to the same quarter last year. As a group, equities research analysts forecast that Garrett Motion Inc. will post 1.25 earnings per share for the current year.

Garrett Motion declared that its board has authorized a share buyback program on Wednesday, December 3rd that permits the company to buyback $250.00 million in shares. This buyback authorization permits the company to buy up to 7.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Garrett Motion Dividend Announcement

• Can Garrett Motion Turbocharge A Short Squeeze? 

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, March 2nd. Garrett Motion's dividend payout ratio (DPR) is 21.05%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp acquired a new stake in shares of Garrett Motion in the 1st quarter valued at $42,000. Jane Street Group LLC lifted its holdings in Garrett Motion by 641.7% during the 1st quarter. Jane Street Group LLC now owns 90,919 shares of the company's stock valued at $761,000 after purchasing an additional 78,661 shares during the last quarter. AlphaQuest LLC boosted its position in Garrett Motion by 153.5% in the second quarter. AlphaQuest LLC now owns 38,675 shares of the company's stock valued at $406,000 after buying an additional 23,420 shares in the last quarter. Teacher Retirement System of Texas grew its stake in Garrett Motion by 50.9% during the second quarter. Teacher Retirement System of Texas now owns 258,734 shares of the company's stock worth $2,719,000 after buying an additional 87,280 shares during the last quarter. Finally, Amalgamated Bank acquired a new stake in shares of Garrett Motion during the second quarter worth approximately $46,000. 86.27% of the stock is owned by institutional investors.

Garrett Motion News Roundup

Here are the key news stories impacting Garrett Motion this week:

• Positive Sentiment: Garrett won a China e‑bus e‑cooling contract, a product win that supports growth into electrified commercial vehicles and could expand addressable market and aftermarket revenue. Garrett’s China E-Bus E-Cooling Win
• Positive Sentiment: Institutional buying/momentum: Harbor Mid Cap Value Fund added GTX, a vote of confidence from a mid‑cap manager that can help drive demand. Harbor Mid Cap Value Fund Adds GTX
• Positive Sentiment: Corporate returns to shareholders: the company recently declared a quarterly dividend ($0.08/share) and has an active $250M buyback authorization (up to ~7.7% of shares), both supportive of the share price and signaling management’s confidence in cash generation. MarketBeat: GTX Profile
• Neutral Sentiment: Recent financials: Garrett beat the quarter on EPS ($0.42 vs. $0.39) and revenue grew ~5.6% year‑over‑year — healthy operational data but mixed longer‑term returns (negative ROE). MarketBeat: Earnings Summary
• Negative Sentiment: Significant insider selling: CEO Olivier Rabiller sold large blocks (143k and 144k shares across Feb. 25–27; SEC filings), and other insiders including SVP Daniel Deiro and Director Julia Steyn also sold material stakes. Large, clustered insider sales are creating near‑term downward pressure and investor concern about timing. Rabiller SEC Filing Deiro SEC Filing Director Sale Alert

Analyst Ratings Changes

Several equities analysts recently weighed in on GTX shares. Stifel Nicolaus boosted their price objective on Garrett Motion from $20.00 to $21.00 and gave the stock a "buy" rating in a research report on Tuesday, December 16th. Zacks Research cut Garrett Motion from a "strong-buy" rating to a "hold" rating in a research report on Monday, December 29th. JPMorgan Chase & Co. began coverage on shares of Garrett Motion in a research note on Wednesday, December 17th. They issued an "overweight" rating and a $23.00 price objective on the stock. Finally, BWS Financial upped their target price on shares of Garrett Motion from $18.00 to $22.00 and gave the company a "buy" rating in a research note on Friday, December 12th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $18.80.

Check Out Our Latest Stock Analysis on GTX

Garrett Motion Company Profile

(Get Free Report)

Garrett Motion Inc is a technology leader specializing in the design, development and manufacture of turbocharging systems and related technologies for the global automotive industry. Its product portfolio includes conventional exhaust gas turbochargers, variable-geometry turbochargers, electric and e-boost turbochargers, as well as electronic actuators, sensors and thermal management systems. The company's solutions are engineered to improve engine efficiency, reduce emissions and support automakers' efforts to meet evolving regulatory standards for fuel economy and air quality.

Garrett Motion traces its roots to the founding of AiResearch by Cliff Garrett in 1936, a pioneer in aircraft and automotive turbocharging technologies.

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