Garmin Ownership

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

Recent Insider Transactions

NYSE:GRMN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
27 Aug 25	SellUS$2,371,780	Cheng Wei Wang	Individual	10,202	US$233.28
11 Aug 25	SellUS$395,140	Ed Link	Individual	1,718	US$230.00
06 Aug 25	SellUS$181,010	Laurie Minard	Individual	787	US$230.00
10 Mar 25	SellUS$609,677	Susan Lyman	Individual	2,829	US$215.51
28 Feb 25	SellUS$1,044,756	Matthew Munn	Individual	4,637	US$225.31
26 Feb 25	SellUS$29,228	Clifton Albert Pemble	Individual	128	US$228.34
24 Feb 25	SellUS$177,952	Laurie Minard	Individual	787	US$226.11
07 Nov 24	SellUS$123,328	Sean Biddlecombe	Individual	587	US$210.10

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of GRMN?
Owner Type	Number of Shares	Ownership Percentage
State or Government	160,372	0.0833%
Individual Insiders	10,644,673	5.53%
General Public	71,518,352	37.2%
Institutions	110,170,548	57.2%

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

Top Shareholders

Top 25 shareholders own 45.52% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.2%	The Vanguard Group, Inc.	19,698,329	US$4.8b	6.91%	0.06%
8.36%	BlackRock, Inc.	16,099,962	US$3.9b	4.99%	0.05%
5.26%	Jonathan Burrell	10,118,671	US$2.4b	3.56%	no data
3.7%	State Street Global Advisors, Inc.	7,124,167	US$1.7b	-1.73%	0.06%
3.06%	Artisan Partners Limited Partnership	5,892,150	US$1.4b	6.43%	1.0%
2.39%	Geode Capital Management, LLC	4,606,511	US$1.1b	1.3%	0.07%
1.53%	FMR LLC	2,952,262	US$713.9m	-21%	0.04%
1.02%	Norges Bank Investment Management	1,965,810	US$475.4m	2.34%	0.03%
0.95%	UBS Asset Management AG	1,836,304	US$444.1m	-15.7%	0.03%
0.9%	Northern Trust Global Investments	1,728,528	US$418.0m	1.82%	0.05%
0.8%	JP Morgan Asset Management	1,545,831	US$373.8m	-4.23%	0.03%
0.77%	Dimensional Fund Advisors LP	1,477,897	US$357.4m	1.59%	0.05%
0.74%	Disciplined Growth Investors, Inc.	1,419,365	US$343.2m	0.37%	6.09%
0.6%	Amundi Asset Management SAS	1,158,702	US$280.2m	120%	0.05%
0.59%	AQR Capital Management, LLC	1,129,207	US$273.1m	-26.9%	0.22%
0.59%	Legal & General Investment Management Limited	1,126,374	US$272.4m	-2.78%	0.05%
0.55%	Invesco Capital Management LLC	1,054,535	US$255.0m	-1.82%	0.08%
0.54%	Eaton Vance Management	1,029,982	US$249.1m	-6.07%	0.05%
0.52%	Morgan Stanley, Investment Banking and Brokerage Investments	994,254	US$240.4m	31.9%	0.02%
0.47%	Charles Schwab Investment Management, Inc.	912,614	US$220.7m	2.24%	0.03%
0.45%	BNY Asset Management	866,054	US$209.4m	-4.67%	0.04%
0.43%	CapFinancial Partners, LLC, Asset Management Arm	828,549	US$200.4m	0%	0.43%
0.38%	Goldman Sachs Asset Management, L.P.	727,192	US$175.8m	-3.28%	0.04%
0.35%	Thrivent Investment Management Inc.	668,778	US$161.7m	-9.85%	0.33%
0.34%	Pictet Asset Management Limited	658,534	US$159.2m	-26.9%	0.11%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/09/02 18:49
End of Day Share Price	2025/08/29 00:00
Earnings	2025/06/28
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 38 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