Garmin Ownership

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

Recent Insider Transactions

BRSE:011440532 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
07 Nov 24	SellCHF 107,637	Sean Biddlecombe	Individual	587	CHF 183.37
30 Aug 24	SellCHF 423,740	Philip Straub	Individual	2,750	CHF 154.09
21 Aug 24	SellCHF 1,518,579	Cheng Wei Wang	Individual	10,055	CHF 151.03
07 Mar 24	SellCHF 77,762	Sean Biddlecombe	Individual	632	CHF 123.04
29 Feb 24	SellCHF 747,872	Matthew Munn	Individual	6,167	CHF 121.27
27 Feb 24	SellCHF 182,536	Laurie Minard	Individual	1,539	CHF 118.61
26 Feb 24	SellCHF 307,995	Susan Lyman	Individual	2,587	CHF 119.05

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 011440532?
Owner Type	Number of Shares	Ownership Percentage
State or Government	159,073	0.0828%
Individual Insiders	37,054,006	19.3%
General Public	45,816,842	23.9%
Institutions	108,995,048	56.8%

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

Top Shareholders

Top 25 shareholders own 58.43% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.73%	Min-Hwan Kao	18,686,980	CHF 4.1b	2.38%	no data
9.41%	The Vanguard Group, Inc.	18,067,708	CHF 3.9b	1.21%	0.05%
9.25%	Jonathan Burrell	17,759,750	CHF 3.9b	-0.37%	no data
8.1%	BlackRock, Inc.	15,557,387	CHF 3.4b	4.78%	0.05%
3.76%	State Street Global Advisors, Inc.	7,217,710	CHF 1.6b	4.41%	0.05%
2.94%	Artisan Partners Limited Partnership	5,642,095	CHF 1.2b	-12.3%	0.89%
2.31%	Geode Capital Management, LLC	4,438,796	CHF 967.6m	1.73%	0.06%
1.75%	FMR LLC	3,358,529	CHF 732.1m	-2.73%	0.04%
1%	Norges Bank Investment Management	1,920,797	CHF 418.7m	0.12%	0.03%
0.97%	JP Morgan Asset Management	1,855,333	CHF 404.5m	-18.3%	0.04%
0.91%	First Trust Advisors LP	1,755,771	CHF 382.8m	-20.3%	0.28%
0.89%	Northern Trust Global Investments	1,708,495	CHF 372.4m	20.2%	0.05%
0.84%	UBS Asset Management AG	1,604,653	CHF 349.8m	0.98%	0.03%
0.81%	Dimensional Fund Advisors LP	1,556,814	CHF 339.4m	-6.65%	0.05%
0.74%	Disciplined Growth Investors, Inc.	1,420,035	CHF 309.6m	1.36%	5.56%
0.59%	Legal & General Investment Management Limited	1,128,980	CHF 246.1m	-17.7%	0.05%
0.55%	Eaton Vance Management	1,055,186	CHF 230.0m	2.12%	0.05%
0.55%	Boston Partners Global Investors, Inc.	1,051,603	CHF 229.2m	-19%	0.13%
0.53%	Invesco Capital Management LLC	1,025,998	CHF 223.7m	3.95%	0.08%
0.53%	Select Equity Group, L.P.	1,009,024	CHF 220.0m	-33.8%	0.77%
0.49%	BNY Asset Management	944,365	CHF 205.9m	-3.43%	0.04%
0.46%	Charles Schwab Investment Management, Inc.	889,838	CHF 194.0m	1.62%	0.03%
0.45%	AQR Capital Management, LLC	865,306	CHF 188.6m	-7.61%	0.23%
0.45%	Wells Fargo & Company, Private Banking and Investment Banking Arm	857,484	CHF 186.9m	-5.58%	0.19%
0.43%	CapFinancial Partners, LLC, Asset Management Arm	817,902	CHF 178.3m	6.54%	0.48%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/20 09:37
End of Day Share Price	2025/02/10 00:00
Earnings	2024/12/28
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 34 analysts. 7 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