Garmin Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of GRMN?
Owner Type	Number of Shares	Ownership Percentage
State or Government	161,049	0.0836%
Individual Insiders	17,595,501	9.14%
General Public	65,454,736	34%
Institutions	109,330,170	56.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 48.6% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.57%	The Vanguard Group, Inc.	18,425,166	AR$4.0t	1.98%	0.05%
8.86%	Jonathan Burrell	17,051,736	AR$3.7t	-3.99%	no data
7.96%	BlackRock, Inc.	15,335,420	AR$3.3t	-1.42%	0.05%
3.75%	State Street Global Advisors, Inc.	7,217,710	AR$1.6t	4.41%	0.05%
2.93%	Artisan Partners Limited Partnership	5,642,095	AR$1.2t	-12.3%	0.83%
2.31%	Geode Capital Management, LLC	4,438,796	AR$958.1b	1.73%	0.06%
1.74%	FMR LLC	3,358,529	AR$724.9b	-2.73%	0.04%
1%	Norges Bank Investment Management	1,920,797	AR$414.6b	0.12%	0.03%
0.96%	JP Morgan Asset Management	1,855,333	AR$400.4b	-18.3%	0.04%
0.91%	First Trust Advisors LP	1,755,771	AR$379.0b	-20.3%	0.26%
0.89%	Northern Trust Global Investments	1,708,495	AR$368.8b	20.2%	0.05%
0.83%	UBS Asset Management AG	1,604,653	AR$346.3b	0.98%	0.03%
0.81%	Dimensional Fund Advisors LP	1,556,814	AR$336.0b	-6.65%	0.05%
0.74%	Disciplined Growth Investors, Inc.	1,420,035	AR$306.5b	1.36%	5.86%
0.59%	Legal & General Investment Management Limited	1,128,980	AR$243.7b	-3.59%	0.05%
0.55%	Eaton Vance Management	1,055,186	AR$227.7b	0%	0.05%
0.53%	Invesco Capital Management LLC	1,025,998	AR$221.4b	3.95%	0.07%
0.52%	Select Equity Group, L.P.	1,009,024	AR$217.8b	-33.8%	0.74%
0.51%	Boston Partners Global Investors, Inc.	984,350	AR$212.5b	-6.4%	0.12%
0.47%	Pictet Asset Management Limited	900,755	AR$194.4b	67.2%	0.12%
0.46%	Charles Schwab Investment Management, Inc.	892,606	AR$192.7b	0.31%	0.03%
0.45%	AQR Capital Management, LLC	865,306	AR$186.8b	-7.61%	0.22%
0.45%	Wells Fargo & Company, Private Banking and Investment Banking Arm	857,484	AR$185.1b	0%	0.2%
0.42%	CapFinancial Partners, LLC, Asset Management Arm	817,902	AR$176.5b	6.54%	0.45%
0.39%	Goldman Sachs Asset Management, L.P.	751,860	AR$162.3b	10.8%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/12 17:32
End of Day Share Price	2025/05/09 00:00
Earnings	2025/03/29
Annual Earnings	2024/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Garmin Ltd. is covered by 36 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Richard Radbourne	Atlantic Equities LLP
John Bright	Avondale Partners
William Power	Baird