Garmin (GRMN)

AeroData, Inc. • Garmin International, Inc. • Garmin USA, Inc. • Garmin Realty, LLC • Garmin Insurance Services, LLC • Garmin Services, Inc. • AeroNavData, Inc. • Garmin AT, Inc. • Garmin Australasia Pty Ltd. • Garmin Austria GmbH ...

IRS number

980229227

GRMN stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$211.50

Low target

$158.00

High target

$265.00

Latest filings (excl ownership)

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10-K/A

2023 FY

Annual report (amended)

29 Nov 24

30 Oct 24

Garmin announces third quarter 2024 results

30 Oct 24

S-8

Registration of securities for employees

31 Jul 24

Garmin announces second quarter 2024 results

31 Jul 24

8-K

Departure of Directors or Certain Officers

24 Jun 24

8-K

Garmin shareholders approve quarterly dividend through March 2025

11 Jun 24

Conflict minerals disclosure

Transcripts

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GRMN

Earnings call transcript

2024 Q3

30 Oct 24

GRMN

Earnings call transcript

2024 Q2

31 Jul 24

GRMN

Earnings call transcript

2024 Q1

1 May 24

GRMN

Earnings call transcript

2023 Q4

21 Feb 24

GRMN

Earnings call transcript

2023 Q3

1 Nov 23

GRMN

Earnings call transcript

2023 Q2

2 Aug 23

GRMN

Earnings call transcript

2023 Q2

2 Aug 23

GRMN

Earnings call transcript

2023 Q1

3 May 23

GRMN

Earnings call transcript

2022 Q4

22 Feb 23

GRMN

Earnings call transcript

2022 Q3

26 Oct 22

Latest ownership filings

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Notice of proposed sale of securities

Financial summary

Financial statements Chart GRMN financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Garmin earnings reports.

Institutional ownership, Q3 2024

GRMN institutional ownership history Ownership history

55.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	798	802	-0.5%
Opened positions	84	116	-27.6%
Closed positions	88	46	+91.3%
Increased positions	293	296	-1.0%
Reduced positions	282	269	+4.8%

13F shares	Current	Prev Q	Change
Total value	17.90 tn	16.49 tn	+8.5%
Total shares	105.80 mm	105.29 mm	+0.5%
Total puts	533.38 k	500.37 k	+6.6%
Total calls	574.83 k	604.60 k	-4.9%
Total put/call ratio	0.9	0.8	+12.1%

Largest owners	Shares	Value	Change
Vanguard	17.85 mm	$3.14 tn	+0.7%
BlackRock	14.85 mm	$2.61 tn	NEW
STT State Street	6.91 mm	$1.22 tn	+2.0%
Artisan Partners Limited Partnership	6.43 mm	$1.13 tn	-11.3%
Geode Capital Management	4.36 mm	$765.91 bn	+2.7%
FMR	3.78 mm	$664.54 bn	+40.8%
JPM JPMorgan Chase & Co.	2.69 mm	$474.40 bn	+1.3%
First Trust Advisors	2.20 mm	$387.96 bn	+8.3%
MS Morgan Stanley	1.78 mm	$312.80 bn	-1.4%
Dimensional Fund Advisors	1.67 mm	$293.54 bn	-3.9%

Largest transactions	Shares	Bought/sold	Change
BlackRock	14.85 mm	+14.85 mm	NEW
BLK BlackRock	0.00	-14.11 mm	EXIT
Norges Bank	0.00	-1.92 mm	EXIT
FMR	3.78 mm	+1.09 mm	+40.8%
Artisan Partners Limited Partnership	6.43 mm	-818.16 k	-11.3%
Boston Partners	811.53 k	-594.37 k	-42.3%
Select Equity	1.52 mm	-482.69 k	-24.1%
IVZ Invesco	1.56 mm	+471.06 k	+43.3%
Allianz Asset Management GmbH	511.13 k	+363.74 k	+246.8%
Jupiter Asset Management	359.23 k	+359.23 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

GRMN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 Dec 24	Jonathan Burrell	Registered Shares	Gift	Dispose G	Yes	No	0	74,000	0.00	9,149,049
20 Dec 24	Douglas G. Boessen	Registered Shares	Sell	Dispose S	No	Yes	209.2519	535	111.95 k	27,612
20 Dec 24	Douglas G. Boessen	Registered Shares	Sell	Dispose S	No	Yes	208.7401	614	128.17 k	28,147
20 Dec 24	Douglas G. Boessen	Registered Shares	Sell	Dispose S	No	Yes	206.849	314	64.95 k	28,761
20 Dec 24	Douglas G. Boessen	Registered Shares	Sell	Dispose S	No	Yes	205.4049	298	61.21 k	29,075
15 Dec 24	Cheng-Wei Wang	Registered Shares	Grant	Acquire A	No	No	0	1,191	0.00	42,156
15 Dec 24	Laurie A Minard	Registered Shares	Grant	Acquire A	No	No	0	954	0.00	4,658
15 Dec 24	Laurie A Minard	Registered Shares	Payment of exercise	Dispose F	No	No	215.4	576	124.07 k	3,704
15 Dec 24	Sean Biddlecombe	Registered Shares	Grant	Acquire A	No	No	0	714	0.00	6,280
15 Dec 24	Sean Biddlecombe	Registered Shares	Payment of exercise	Dispose F	No	No	215.4	581	125.15 k	5,566