Garmin (GRMN) Executive Chairman Min Kao Sells 11,005 Shares
Garmin's Executive Chairman, Min Kao, sold 11,005 shares recently.
Reviewed by automated data checks against the source filing. How we make and check alerts
Min Kao, Executive Chairman at Garmin Ltd. ($GRMN), sold 11,005 shares on June 11, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $GRMN is down 1.4% after 1 week, up 2.6% after 1 month and up 20.4% to date (from the $236.61 close on Jun 11, 2026).
GRMN
Garmin Ltd.
Key Points
- Garmin's Executive Chairman Min Kao sold 11,005 shares on June 11, 2026, with no disclosed transaction value.
- Shares of Garmin Ltd. (NYSE:GRMN) traded at $238.58, with a market cap of $45.9 billion and a P/E ratio of 26.5.
- Tigress Financial maintained its 'buy' rating for Garmin with a $325 price target, while Barclays and JP Morgan maintained 'hold' ratings.
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Garmin Ltd.'s Executive Chairman, Min Kao, sold 11,005 shares on June 11, 2026. The transaction did not disclose a specific price or total value. This sale comes as Garmin's stock trades around $238.58 on the NYSE.
Garmin Ltd. Stock Down 13.1%
Shares of Garmin Ltd. (NYSE:GRMN) are trading near $238.58. The company holds a market cap of approximately $45.9 billion and has a P/E ratio of 26.5. Garmin's stock has seen a 52-week low of $186.67 and a high of $273.32. Its 50-day moving average is $244.97, while the 200-day moving average is $228.84. The company maintains a strong current ratio of 4.36 and a quick ratio of 2.66, with a debt-to-equity ratio of 2.33.
Recent Earnings
Garmin reported revenue of about $7.46 billion, reflecting a growth rate of 14.2%. The company achieved a net margin of 23.3% and a return on equity of 19.9%. Garmin's earnings per share (EPS) stands at $8.97. The next earnings report is expected on April 29, 2026.
Dividend
Garmin offers an annual dividend rate of $4.20, yielding 1.76%. The dividend payout ratio is 40.18%, providing a steady return to investors.
Insider Buying and Selling at Garmin Ltd.
On June 11, 2026, Min Kao, Garmin's Executive Chairman, sold 11,005 shares. Additionally, Jonathan Burrell executed several transactions on the same day, selling and buying shares in the company. Joseph Hartnett also sold shares earlier in June.
Analysts Set New Price Targets
On May 20, 2026, Tigress Financial maintained a 'buy' rating on Garmin with a price target of $325. Barclays, on April 30, 2026, and JP Morgan, on April 16, 2026, both maintained 'hold' ratings with price targets of $238 and $285, respectively. The consensus target price stands at approximately $262.43, based on seven analyst opinions.
About Garmin Ltd.
Garmin Ltd. is a technology company based in Schaffhausen, Switzerland, that specializes in developing GPS-enabled devices and other navigation, communication, and sensor-based products. The company serves a wide range of markets, including automotive, aviation, marine, outdoor, and fitness. With around 23,000 employees, Garmin is led by CEO Clifton Albert Pemble. The company was founded in 1989 and continues to innovate in the field of location and navigation technologies.
Bottom Line
Min Kao's recent stock sale is a notable insider transaction at Garmin Ltd., but it doesn't necessarily reflect the company's current or future performance. Garmin remains a significant player in the technology sector, with robust financials and a solid market presence. Investors often track insider activities like these for potential insights, but it's crucial to remember that such filings are backward-looking and may not indicate future actions.
Related Filing Alerts
Source: Min Kao's Form 4 filing on $GRMN (Jun 11, 2026). Find the original filing: GRMN Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts