New insider activity at Garrett Motion ( (GTX) ) has taken place on March 12, 2025.
Significant shareholder Centerbridge Special Credit Partners III-Flex, L.P has recently sold 520,000 shares of Garrett Motion stock, amounting to a total transaction value of $4,893,200.
Recent Updates on GTX stock
Garrett Motion, Inc. recently held its Q4 earnings call, revealing a strong operational performance with an 18.1% adjusted EBITDA margin, despite challenges such as sales declines in the light vehicle segment and adverse foreign exchange effects. The company reported a net income of $282 million and highlighted strategic growth initiatives, including expansion in China and advancements in zero-emission technologies. Garrett’s aggressive share repurchase program and dividend plans underscore its confidence in financial health and commitment to shareholder value. However, the company anticipates a slight revenue decline in 2025 due to continued softness in the light vehicle industry. The introduction of adjusted EBIT as a new financial metric and strategic investments in R&D aim to maintain Garrett’s innovative edge. Overall, the sentiment is cautiously optimistic, focusing on strategic adjustments to counter industry trends.
More about Garrett Motion
YTD Price Performance: 3.23%
Average Trading Volume: 1,064,313
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.9B