Insider Selling: Garmin Ltd. (NASDAQ:GRMN)

Garmin Ltd. (NASDAQ:GRMN) Chairman Min H. Kao sold 116,124 shares of the business’s stock in a transaction dated Friday, June 28th. The stock was sold at an average price of $79.78, for a total value of $9,264,372.72. Following the transaction, the chairman now directly owns 1,799,429 shares of the company’s stock, valued at approximately $143,558,445.62.

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the GRMN is 0.30%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the GRMN is 44.70%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that GRMN. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Garmin Ltd. (NASDAQ:GRMN) is -0.98%.

[FINVIZ TICKER=GRMN]

Institutional ownership is the amount of a Garmin Ltd. (NASDAQ:GRMN)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the GRMN is 0.12%.

a Technology sector firm, Garmin Ltd. (NASDAQ:GRMN) stock gained 0.11% on Monday and when day-trade ended the stock finally concluded at $79.89 and number of shares that changed hands during the day are 1.42 Million. The number of shares GRMN stock currently held by all its shareholders are 199.24 and floated shares, the number of shares are available for trading in an open market on last trading day are 151.28. The average volume of shares for 3 months is 1078.83 and GRMN stock value has moved between $60.07 – 89.76 in last one year.

The Garmin Ltd. (NASDAQ:GRMN)’s latest earnings date is 7/31/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Garmin Ltd. (NASDAQ:GRMN) is 58.90% and the profit margin is 20.70% and the stock has gained 26.17% in 2019 to date.

U.S. traded shares of Garmin Ltd. (NASDAQ:GRMN)’s monthly stock performance is 4.46%, the quarterly performance is -9.09%, the half year performance is calculated as 27.17%. The yearly performance of GRMN is 31.05%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Garmin Ltd. (NASDAQ:GRMN) weekly volatility is measured as 1.40% and monthly volatility measured as 1.38%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. GRMN return on assets is 13.60%, the return on equity (ROE) of the Garmin Ltd. (NASDAQ:GRMN) is 17.40%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and GRMN return on investment is 15.60%.

The price to earnings ratio is 21.54, price to sales ratio is 4.68, and price to book ratio is 3.51, price to cash per share ration is 12.12, price to free cash flow is 51.40.

Analysts mean target price for Garmin Ltd. (NASDAQ:GRMN) is $79.20 while analysts mean recommendation is 3.20. The current share price indicates that stock is -10.96% away from its one year high and is moving 33.19% ahead of its 52-week low. GRMN’s distance from 20 day simple moving average is -0.09% and distance from 50-Day simple moving average is -0.30%.



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