Raymond James & Friends lowered its holdings in Garmin Ltd. (NYSE:GRMN – Unfastened Record) via 15.3% all through the third quarter, in step with the corporate in its most up-to-date submitting with the SEC. The institutional investor owned 161,108 stocks of the medical and technical tools corporate’s inventory after promoting 29,211 stocks all through the quarter. Raymond James & Friends owned 0.08% of Garmin value $16,949,000 on the finish of the latest quarter.

A number of different massive buyers have additionally added to or decreased their stakes within the industry. Inexperienced Alpha Advisors LLC lifted its place in Garmin via 1.1% within the 2d quarter. Inexperienced Alpha Advisors LLC now owns 8,429 stocks of the medical and technical tools corporate’s inventory valued at $879,000 after obtaining an extra 95 stocks within the ultimate quarter. Monetary Gravity Asset Control Inc. lifted its place in Garmin via 155.2% within the 2d quarter. Monetary Gravity Asset Control Inc. now owns 171 stocks of the medical and technical tools corporate’s inventory valued at $433,000 after obtaining an extra 104 stocks within the ultimate quarter. Wetherby Asset Control Inc. lifted its place in Garmin via 3.7% within the 1st quarter. Wetherby Asset Control Inc. now owns 2,909 stocks of the medical and technical tools corporate’s inventory valued at $294,000 after obtaining an extra 105 stocks within the ultimate quarter. BRYN MAWR TRUST Co lifted its place in Garmin via 4.3% within the 1st quarter. BRYN MAWR TRUST Co now owns 2,623 stocks of the medical and technical tools corporate’s inventory valued at $265,000 after obtaining an extra 107 stocks within the ultimate quarter. In spite of everything, CWM LLC lifted its place in Garmin via 3.0% within the 2d quarter. CWM LLC now owns 3,689 stocks of the medical and technical tools corporate’s inventory valued at $385,000 after obtaining an extra 108 stocks within the ultimate quarter. Institutional buyers personal 63.26% of the corporate’s inventory.

Insider Transactions at Garmin

In different information, CEO Clifton A. Pemble bought 1,095 stocks of the company’s inventory in a transaction that happened on Monday, December 18th. The stocks had been bought at a mean value of $125.89, for a complete transaction of $137,849.55. Following the crowning glory of the sale, the manager government officer now owns 130,365 stocks within the corporate, valued at roughly $16,411,649.85. The sale was once disclosed in a report filed with the SEC, which is to be had at the SEC site. In comparable information, CEO Clifton A. Pemble bought 5,000 stocks of Garmin inventory in a transaction that happened on Wednesday, November fifteenth. The stocks had been bought at a mean value of $120.00, for a complete price of $600,000.00. Following the crowning glory of the transaction, the manager government officer now at once owns 115,629 stocks within the corporate, valued at roughly $13,875,480. The transaction was once disclosed in a report filed with the Securities & Alternate Fee, which can also be accessed via this hyperlink. Additionally, CEO Clifton A. Pemble bought 1,095 stocks of Garmin inventory in a transaction that happened on Monday, December 18th. The stocks had been bought at a mean value of $125.89, for a complete transaction of $137,849.55. Following the crowning glory of the transaction, the manager government officer now owns 130,365 stocks of the corporate’s inventory, valued at $16,411,649.85. The disclosure for this sale can also be discovered right here. 19.89% of the inventory is lately owned via corporate insiders.

Analysts Set New Value Objectives

A number of equities analysts have commented on GRMN stocks. Barclays lifted their goal value on stocks of Garmin from $113.00 to $119.00 and gave the inventory an “equivalent weight” score in a analysis file on Thursday, November 2d. Morgan Stanley dropped their goal value on stocks of Garmin from $103.00 to $100.00 and set an “equivalent weight” score at the inventory in a analysis file on Thursday, November 2d. JPMorgan Chase & Co. lower stocks of Garmin from an “obese” score to a “impartial” score and set a $135.00 goal value at the inventory. in a analysis file on Monday. In spite of everything, StockNews.com began protection on stocks of Garmin in a analysis file on Thursday, October fifth. They set a “grasp” score at the inventory. Six analysts have rated the inventory with a grasp score and one has given a powerful purchase score to the inventory. In response to knowledge from MarketBeat.com, the corporate right now has a consensus score of “Dangle” and a mean value goal of $127.80.

View Our Newest Research on GRMN

Garmin Inventory Up 1.1 %

Stocks of GRMN inventory opened at $123.25 on Thursday. The corporate has a 50 day transferring reasonable of $122.53 and a 200-day transferring reasonable of $111.09. Garmin Ltd. has a 12-month low of $93.22 and a 12-month prime of $129.32. The company has a marketplace cap of $23.58 billion, a P/E ratio of twenty-two.74, a PEG ratio of three.95 and a beta of 0.98.

Garmin (NYSE:GRMN – Get Unfastened Record) ultimate issued its quarterly income effects on Wednesday, November 1st. The medical and technical tools corporate reported $1.41 income in line with proportion (EPS) for the quarter, topping the consensus estimate of $1.29 via $0.12. Garmin had a web margin of 20.60% and a go back on fairness of 16.00%. The corporate had earnings of $1.28 billion all through the quarter, in comparison to analyst estimates of $1.21 billion. Right through the similar quarter ultimate yr, the industry posted $1.24 EPS. Garmin’s quarterly earnings was once up 12.0% in comparison to the similar quarter ultimate yr. As a gaggle, equities analysts be expecting that Garmin Ltd. will submit 5.27 EPS for the present yr.

Garmin Profile

(Unfastened Record)

Garmin Ltd. designs, develops, manufactures, markets, and distributes a variety of wi-fi units within the Americas, the Asia Pacific, Australian Continent, Europe, the Center East, and Africa. Its Health section gives working and multi-sport watches; biking merchandise; job monitoring and smartwatch units; health and biking equipment.

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