Company profile

Ticker
GTXMQ, GTX
Exchange
CEO
Olivier Rabiller
Employees
Incorporated
Location
Fiscal year end
Former names
Garrett Transportation Systems Inc.
SEC CIK
IRS number
824873189

GTXMQ stock data

(
)

Calendar

2 Nov 20
1 Dec 20
31 Dec 20

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
24 Nov 20 Attestor Value Master Fund Common Stock Buy Aquire P No 4.86 50,000 243K 3,147,970
23 Nov 20 Attestor Value Master Fund Common Stock Buy Aquire P No 4.4 50,000 220K 3,097,970
20 Nov 20 Attestor Value Master Fund Common Stock Buy Aquire P No 4.3 230,000 989K 3,047,970
19 Nov 20 Attestor Value Master Fund Common Stock Buy Aquire P No 4.3 156,000 670.8K 2,817,970
13 Nov 20 Honeywell International Common Stock Buy Aquire P No 4.18 17,100 71.48K 2,877,116
12 Nov 20 Honeywell International Common Stock Buy Aquire P No 4.19 76,100 318.86K 2,860,016
11 Nov 20 Honeywell International Common Stock Buy Aquire P No 4.18 34,700 145.05K 2,783,916
10 Nov 20 Honeywell International Common Stock Buy Aquire P No 4.19 45,000 188.55K 2,749,216
9 Nov 20 Honeywell International Common Stock Buy Aquire P No 4.18 135,000 564.3K 2,704,216
6 Nov 20 Honeywell International Common Stock Buy Aquire P No 4.2 5,500 23.1K 2,569,216
12.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 91 310 -70.6%
Opened positions 13 32 -59.4%
Closed positions 232 66 +251.5%
Increased positions 13 68 -80.9%
Reduced positions 29 112 -74.1%
13F shares
Current Prev Q Change
Total value 46.94M 851.6M -94.5%
Total shares 9.59M 56.56M -83.0%
Total puts 0 207.2K EXIT
Total calls 0 115.9K EXIT
Total put/call ratio 1.8
Largest owners
Shares Value Change
Oaktree Capital Management 3.59M $12.4M NEW
P Schoenfeld Asset Management 2M $6.9M NEW
Newtyn Management 2M $6.9M -24.1%
GBL Gamco Investors Inc - 487.25K $1.68M -10.3%
Gabelli Funds 327.75K $1.13M +5.2%
BCS Barclays plc - 297.51K $1.03M +620.4%
California Public Employees Retirement System 179.19K $618K +3.9%
Simplex Trading 102.74K $0 -32.5%
Shell Asset Management 91.47K $316K +868.4%
Tudor Investment Corp Et Al 86.74K $299K NEW
Largest transactions
Shares Bought/sold Change
BLK Blackrock 0 -7.69M EXIT
Sessa Capital IM 0 -7.32M EXIT
Deccan Value Investors 0 -6.76M EXIT
Oaktree Capital Management 3.59M +3.59M NEW
TROW T. Rowe Price 0 -3.3M EXIT
Vanguard 0 -2.48M EXIT
MS Morgan Stanley 0 -2.21M EXIT
P Schoenfeld Asset Management 2M +2M NEW
Hawk Ridge Capital Management 0 -1.81M EXIT
STT State Street 0 -1.57M EXIT

Financial report summary

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Risks
  • Our ability to successfully operate during and reorganize the Debtors in the Chapter 11 Cases is dependent upon our ability obtain Bankruptcy Court approval of the Debtors’ motions, the outcome of Bankruptcy Court rulings and the progress of the Chapter 11 Cases in general, including the length of time the Debtors will operate in the Chapter 11 Cases.
  • The Chapter 11 Cases, the DIP Credit Agreement and the Stalking Horse Purchase Agreement limit the flexibility of our management team in running our business.
  • We may not be able to complete any Bankruptcy Court-approved sales of our Company or assets through the chapter 11 process, or we may not be able to realize adequate consideration for such sales, which would adversely affect our financial condition.
  • The outcome of our litigation with Honeywell is highly uncertain and could impact recoveries available to stockholders.
  • Operating under Bankruptcy Court protection for a long period of time may harm our business.
  • Delay of the Chapter 11 Cases could impact our ability to maintain our operations during the Chapter 11 Cases.
  • Transfers of our equity may impair our ability to utilize certain built-in losses to reduce tax payments in future years.
  • Our ability to prosecute the Chapter 11 Cases and obtain confirmation of the Plan may be contested by third parties with litigation.
  • In certain instances, a Chapter 11 proceeding may be converted to a proceeding under Chapter 7.
  • The COVID-19 pandemic has adversely impacted and is expected to further adversely impact our business and results of operations.
  • Our leveraged capital structure and liabilities to Honeywell may pose significant challenges to our overall strategic and financial flexibility and have a material adverse effect on our business, liquidity position and financial position.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
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