JPMorgan Chase & Co. Increases Position in Garrett Motion Inc. $GTX

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JPMorgan Chase & Co. has increased its stake in Garrett Motion Inc. (NYSE:GTX) by 45.1% during the third quarter, now owning 1,705,484 shares valued at $23.23 million. Several other institutional investors have also adjusted their positions in GTX, and analysts currently rate the stock as a “Moderate Buy” with an average price target of $18.80. Insider transactions show recent sales by a senior vice president and a director, while Garrett Motion itself announced a stock buyback program of $250 million.

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