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Cyrus Capital Partners (WA:CPAP), a ten percent owner of Garrett Motion Inc (NASDAQ:GTX), sold 150,896 shares of common stock on July 10, 2025, for approximately $1.74 million. The shares were sold at prices ranging from $11.50 to $11.5106. The sale comes as GTX, currently valued at $2.29 billion, trades at an attractive P/E ratio of 8.75x. According to InvestingPro analysis, the company maintains a GREAT financial health score, supported by strong price momentum over the past six months with a return of nearly 30%.
Following the transaction, Cyrus Capital Partners, together with Cyrus Capital Partners GP, LLC and Stephen C. Freidheim, continue to beneficially own 22,982,790 shares of Garrett Motion Inc. InvestingPro analysis reveals 7 additional key insights about GTX’s performance and valuation, available exclusively to subscribers through detailed Pro Research Reports.
In other recent news, Garrett Motion announced a secondary public stock offering involving 17 million shares held by affiliates of Oaktree Capital Management, Centerbridge Partners, and Cyrus Capital Partners. The company stated it would not sell any shares or receive proceeds from this offering, but it plans a concurrent repurchase of approximately 2 million shares as part of its $250 million share repurchase program. Meanwhile, BWS Financial reiterated its Buy rating on Garrett Motion, citing favorable currency movements and limited exposure to U.S. trade uncertainties as factors that could help the company exceed quarterly estimates. The firm highlighted that the strengthening euro could potentially boost Garrett Motion’s sales by up to $100 million. Additionally, Garrett Motion showcased its latest E-technologies at Auto Shanghai 2025, including the 3-in-1 E-Powertrain and E-Cooling Compressor, which aim to enhance energy efficiency and vehicle performance. The company also announced a partnership with SinoTruk to co-develop a next-generation heavy-duty E-powertrain. Garrett continues to address the need for cleaner combustion and hybrid efficiency, emphasizing its commitment to advancing propulsion technologies.
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