Garmin Ownership

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

Recent Insider Transactions

BIT:1GRMN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
08 May 26	Sell€222,905	Laurie Minard	Individual	1,084	€206.10
10 Mar 26	Sell€266,752	Ed Link	Individual	1,275	€209.22
26 Feb 26	Sell€810,716	Susan Lyman	Individual	3,805	€213.72
26 Feb 26	Sell€1,122,377	Matthew Munn	Individual	5,275	€213.24
23 Feb 26	Sell€175,412	Laurie Minard	Individual	837	€209.57
20 Feb 26	Sell€218,867	Sean Biddlecombe	Individual	1,071	€204.36
27 Aug 25	Sell€2,043,288	Cheng Wei Wang	Individual	10,202	€200.97
11 Aug 25	Sell€340,769	Ed Link	Individual	1,718	€198.35
06 Aug 25	Sell€155,542	Laurie Minard	Individual	787	€197.64

Insider Trading Volume

Insider Buying: 1GRMN insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 1GRMN?
Owner Type	Number of Shares	Ownership Percentage
State or Government	178,418	0.0925%
Individual Insiders	28,086,069	14.6%
General Public	53,624,512	27.8%
Institutions	110,967,207	57.5%

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

Top Shareholders

Top 25 shareholders own 53.05% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.5%	The Vanguard Group, Inc.	20,163,896	€4.0b	0%	0.05%
9.43%	Min-Hwan Kao	18,179,075	€3.6b	-0.08%	no data
8%	BlackRock, Inc.	15,435,325	€3.0b	-3.48%	0.04%
4.86%	Jonathan Burrell	9,363,166	€1.8b	-3.09%	no data
3.55%	State Street Global Advisors, Inc.	6,852,099	€1.3b	-2.29%	0.04%
2.86%	Artisan Partners Limited Partnership	5,519,637	€1.1b	-3.16%	0.86%
2.28%	Geode Capital Management, LLC	4,400,713	€865.4m	-2.44%	0.05%
1.03%	UBS Asset Management AG	1,982,029	€389.8m	29.8%	0.03%
1.01%	Norges Bank Investment Management	1,948,406	€383.2m	0%	0.03%
1%	AllianceBernstein L.P.	1,932,847	€380.1m	33%	0.12%
0.93%	Northern Trust Global Investments	1,791,307	€352.3m	4.17%	0.05%
0.92%	FMR LLC	1,767,931	€347.7m	-14.9%	0.02%
0.85%	Dimensional Fund Advisors LP	1,631,843	€320.9m	2.54%	0.04%
0.71%	JP Morgan Asset Management	1,374,201	€270.2m	1.73%	0.03%
0.69%	Disciplined Growth Investors, Inc.	1,331,441	€261.8m	-4.86%	5.61%
0.61%	Legal & General Investment Management Limited	1,185,219	€233.1m	2.16%	0.05%
0.59%	Eaton Vance Management	1,131,123	€222.4m	9.54%	0.04%
0.53%	Charles Schwab Investment Management, Inc.	1,016,657	€199.9m	4.02%	0.03%
0.48%	Invesco Capital Management LLC	919,963	€180.9m	6.11%	0.05%
0.45%	CapFinancial Partners, LLC	866,762	€170.4m	3.26%	0.32%
0.45%	Goldman Sachs Asset Management, L.P.	860,395	€169.2m	2.84%	0.03%
0.42%	BNY Asset Management	815,445	€160.4m	-2.68%	0.03%
0.33%	Morgan Stanley	632,092	€124.3m	2.11%	0.01%
0.32%	Numeric Investors LLC	617,071	€121.3m	-23.9%	0.34%
0.31%	AQR Capital Management, LLC	594,302	€116.9m	9.54%	0.06%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/20 10:04
End of Day Share Price	2026/05/20 00:00
Earnings	2026/03/28
Annual Earnings	2025/12/27

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 28 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
William Power	Baird
Dong Wang	Barclays
Amir Rozwadowski	Barclays