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
10 Mar 25	SellCHF 537,363	Susan Lyman	Individual	2,829	CHF 189.95
28 Feb 25	SellCHF 942,108	Matthew Munn	Individual	4,637	CHF 203.17
26 Feb 25	SellCHF 26,117	Clifton Albert Pemble	Individual	128	CHF 204.04
24 Feb 25	SellCHF 159,706	Laurie Minard	Individual	787	CHF 202.93
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

Insider Trading Volume

Insider Buying: 011440532 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 011440532?
Owner Type	Number of Shares	Ownership Percentage
State or Government	161,049	0.0836%
Individual Insiders	17,595,501	9.14%
General Public	65,184,935	33.9%
Institutions	109,599,971	56.9%

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

Top Shareholders

Top 25 shareholders own 48.41% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.38%	The Vanguard Group, Inc.	18,067,708	CHF 2.9b	1.21%	0.05%
8.86%	Jonathan Burrell	17,051,736	CHF 2.7b	-3.99%	no data
7.96%	BlackRock, Inc.	15,335,420	CHF 2.4b	-1.42%	0.05%
3.75%	State Street Global Advisors, Inc.	7,217,710	CHF 1.1b	4.41%	0.05%
2.93%	Artisan Partners Limited Partnership	5,642,095	CHF 897.5m	-12.3%	0.82%
2.31%	Geode Capital Management, LLC	4,438,796	CHF 706.1m	1.73%	0.06%
1.74%	FMR LLC	3,358,529	CHF 534.2m	-2.73%	0.04%
1%	Norges Bank Investment Management	1,920,797	CHF 305.5m	0.12%	0.03%
0.96%	JP Morgan Asset Management	1,855,333	CHF 295.1m	-18.3%	0.04%
0.91%	First Trust Advisors LP	1,755,771	CHF 279.3m	-20.3%	0.26%
0.89%	Northern Trust Global Investments	1,708,495	CHF 271.8m	20.2%	0.04%
0.83%	UBS Asset Management AG	1,604,653	CHF 255.3m	0.98%	0.03%
0.81%	Dimensional Fund Advisors LP	1,556,814	CHF 247.6m	-6.65%	0.04%
0.74%	Disciplined Growth Investors, Inc.	1,420,035	CHF 225.9m	1.36%	5.84%
0.59%	Legal & General Investment Management Limited	1,128,980	CHF 179.6m	-3.59%	0.05%
0.55%	Eaton Vance Management	1,055,186	CHF 167.9m	0%	0.05%
0.53%	Invesco Capital Management LLC	1,025,998	CHF 163.2m	3.95%	0.07%
0.52%	Select Equity Group, L.P.	1,009,024	CHF 160.5m	-33.8%	0.74%
0.51%	Boston Partners Global Investors, Inc.	984,350	CHF 156.6m	-6.4%	0.12%
0.47%	Pictet Asset Management Limited	900,755	CHF 143.3m	67.2%	0.12%
0.46%	Charles Schwab Investment Management, Inc.	889,838	CHF 141.5m	0%	0.03%
0.45%	AQR Capital Management, LLC	865,306	CHF 137.6m	-7.61%	0.22%
0.45%	Wells Fargo & Company, Private Banking and Investment Banking Arm	857,484	CHF 136.4m	0%	0.2%
0.42%	CapFinancial Partners, LLC, Asset Management Arm	817,902	CHF 130.1m	6.54%	0.45%
0.39%	Thrivent Investment Management Inc.	742,469	CHF 118.1m	-0.33%	0.28%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/12 18:38
End of Day Share Price	2025/05/08 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