Garmin Company Leadership

GRMN Stock  USD 214.52  4.19  1.99%   
About 95 percent of Garmin's insiders are activelly selling. The analysis of insiders' sentiment of trading Garmin stock suggests that quite a large number of insiders are panicking at this time. Garmin employs about 19.9 K people. The company is managed by 20 executives with a total tenure of roughly 105 years, averaging almost 5.0 years of service per executive, having 995.0 employees per reported executive.
Clifton Pemble  CEO
CEO and President Director and President of Garmin International Inc and President of Garmin USA Inc and President of Garmin AT Inc
Min Kao  Chairman
Executive Chairman of the Board

Garmin's Insider Buying Vs Selling

5

 
Selling
 
Buying

Latest Trades

2024-11-07Sean BiddlecombeDisposed 587 @ 210.1View
2024-08-30Philip StraubDisposed 2750 @ 181.46View
2024-08-28Laurie A MinardDisposed 87 @ 181.78View
2024-08-21Cheng-Wei WangDisposed 10055 @ 177.16View
2024-07-02Kathy E. ManningAcquired @ 161.49
2024-06-10Douglas G BoessenDisposed 2350 @ 161.63View
2024-06-04Patrick DesboisDisposed 4126 @ 163.52View
2024-05-03Tommy TubervilleDisposed @ 165.93
2024-03-15Jonathan BurrellDisposed 15000 @ 146.15View
2024-03-13Jonathan BurrellDisposed 15000 @ 148.89View
2024-03-11Jonathan BurrellDisposed 15000 @ 142.12View
2024-03-08Jonathan BurrellDisposed 15000 @ 141.55View
2024-03-06Jonathan BurrellDisposed 15000 @ 140.68View
2024-03-04Jonathan BurrellDisposed 15000 @ 140View
2024-02-27Douglas G BoessenDisposed 5267 @ 134.56View
2024-02-26Susan LymanDisposed 2587 @ 135.18View
2023-12-18Clifton A PembleDisposed 1095 @ 125.89View
Monitoring Garmin's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.

Acquired vs Disposed

Filed vs Not Filed

Insider sentiment refers to the collective sentiment or feeling of Garmin's insiders - typically its officers, directors, and beneficial owners holding more than a certain percentage of the company's stock - about the future prospects of Garmin. This sentiment is often gauged based on the trading activities of these insiders. If insiders are purchasing more shares of their own company, it may be interpreted as a bullish sentiment, indicating that they believe Garmin's stock will rise in value. Conversely, if insiders are selling shares, it might be seen as bearish, suggesting they expect the stock price to drop.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garmin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.

Garmin's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Garmin's future performance. Based on our forecasts, it is anticipated that Garmin will maintain a workforce of about 19900 employees by December 2024.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Garmin's latest congressional trading

Congressional trading in companies like Garmin, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Garmin by those in governmental positions are based on the same information available to the general public.
2024-08-16Representative Kathy ManningAcquired Under $15KVerify
2024-06-14Senator Tommy TubervilleAcquired Under $15KVerify
2024-06-13Senator Tommy TubervilleAcquired Under $15KVerify

Garmin Management Team Effectiveness

The company has return on total asset (ROA) of 0.1024 % which means that it generated a profit of $0.1024 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2191 %, meaning that it created $0.2191 on every $100 dollars invested by stockholders. Garmin's management efficiency ratios could be used to measure how well Garmin manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.20. Also, Return On Capital Employed is likely to grow to 0.25. At this time, Garmin's Fixed Asset Turnover is very stable compared to the past year. As of the 26th of November 2024, Return On Assets is likely to grow to 0.19, while Total Current Assets are likely to drop about 2.3 B.

Garmin Quarterly Income Before Tax

486.25 Million

As of the 26th of November 2024, Common Stock Shares Outstanding is likely to drop to about 161.3 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 614.3 M

Garmin Workforce Comparison

Garmin is one of the top stocks in number of employees category among its peers. The total workforce of Consumer Discretionary industry is currently estimated at about 140,380. Garmin retains roughly 19,900 in number of employees claiming about 14% of stocks in Consumer Discretionary industry.

Garmin Profit Margins

The company has Profit Margin (PM) of 0.25 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.28.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.430.52
Significantly Down
Pretty Stable
Net Profit Margin0.260.23
Moderately Up
Pretty Stable
Operating Profit Margin0.30.24
Fairly Up
Pretty Stable
Pretax Profit Margin0.310.25
Fairly Up
Very volatile
Return On Assets0.190.14
Significantly Up
Pretty Stable
Return On Equity0.240.18
Significantly Up
Pretty Stable

Garmin Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Garmin insiders, such as employees or executives, is commonly permitted as long as it does not rely on Garmin's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Garmin insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-09-01
0.2941
5
17
 1,060,900 
 1,176,734 
2024-06-01
0.4583
11
24
 3,620,326 
 4,318,255 
2024-03-01
0.439
18
41
 3,078,908 
 3,388,865 
2023-12-01
0.75
9
12
 82,920 
 187,303 
2023-09-01
0.375
3
8
 853,400 
 927,906 
2023-06-01
0.8182
9
11
 5,037,804 
 5,048,957 
2023-03-01
0.2273
5
22
 3,375,347 
 3,567,870 
2022-12-01
0.625
10
16
 546,860 
 650,658 
2022-09-01
0.5
2
4
 326,000 
 51,639 
2022-06-01
0.875
7
8
 4,856,008 
 2,959,448 
2022-03-01
0.9231
12
13
 1,447,086 
 3,938,813 
2021-12-01
1.0
15
15
 4,066,727 
 4,464,055 
2021-09-01
0.2857
4
14
 1,905,232 
 2,239,179 
2021-06-01
0.3571
10
28
 3,260,858 
 4,115,802 
2021-03-01
0.6667
16
24
 3,079,862 
 3,219,779 
2020-12-01
0.7647
13
17
 2,478,216 
 3,062,708 
2020-09-01
0.5
6
12
 3,000,461 
 3,081,194 
2020-06-01
0.4211
8
19
 5,638,576 
 5,692,888 
2020-03-01
0.9412
16
17
 3,926,357 
 3,899,284 
2019-12-01
0.1818
12
66
 3,348,114 
 5,159,953 
2019-09-01
0.0216
3
139
 3,593,350 
 10,285,679 
2019-06-01
0.6667
10
15
 4,300,548 
 4,410,203 
2019-03-01
0.7368
14
19
 3,941,319 
 3,913,967 
2018-12-01
0.1961
10
51
 4,162,562 
 7,566,876 
2018-09-01
0.1077
7
65
 3,824,052 
 9,378,457 
2018-06-01
0.1642
11
67
 4,044,900 
 7,469,373 
2018-03-01
0.5185
14
27
 2,881,503 
 3,532,006 
2017-12-01
0.4118
14
34
 2,761,929 
 4,109,697 
2017-09-01
0.2
3
15
 5,906,800 
 6,764,776 
2017-06-01
0.3889
7
18
 3,056,540 
 3,346,455 
2017-03-01
0.8571
12
14
 4,011,024 
 3,966,823 
2016-12-01
0.375
9
24
 1,817,534 
 1,961,700 
2016-09-01
0.4211
8
19
 5,661,500 
 5,743,925 
2016-06-01
0.3158
6
19
 2,416,230 
 2,411,033 
2016-03-01
1.0
2
2
 9,120,000 
 9,120,000 
2015-12-01
0.4375
14
32
 13,209,083 
 13,299,166 
2015-09-01
0.4
2
5
 6,000,000 
 12,070,000 
2015-06-01
0.3846
10
26
 58,758 
 88,661 
2015-03-01
0.3333
2
6
 18,000,000 
 27,222,695 
2014-12-01
1.2857
18
14
 162,928 
 230,731 
2014-09-01
0.4286
3
7
 19,000 
 133,000 
2014-06-01
0.3846
5
13
 23,120 
 34,553 
2014-03-01
0.4815
13
27
 111,017 
 414,726 
2013-12-01
0.3611
13
36
 139,463 
 256,549 
2013-09-01
0.25
5
20
 40,688 
 394,532 
2013-06-01
0.3684
7
19
 18,780 
 28,281 
2012-12-01
0.4459
33
74
 329,529 
 4,073,934 
2012-09-01
0.0444
2
45
 25,000 
 2,127,774 
2012-06-01
0.5556
10
18
 26,899 
 261,875 
2012-03-01
0.3529
6
17
 50,900 
 109,362 
2011-12-01
0.1239
14
113
 100,705 
 301,999 
2011-09-01
0.3333
3
9
 19,600 
 44,794 
2011-06-01
0.875
7
8
 28,395 
 28,304 
2010-12-01
0.4571
16
35
 77,354 
 82,966 
2010-09-01
0.4
2
5
 5,204 
 10,908 
2010-06-01
2.0
4
2
 23,924 
 0.00 
2010-03-01
0.4375
7
16
 53,009 
 96,218 
2009-06-01
6.0
6
1
 58,289,556 
 15,000 
2008-12-01
18.0
18
1
 49,000 
 15,000 
2008-06-01
5.0
5
1
 43,772 
 15,000 
2007-12-01
0.2
3
15
 78,717 
 905,385 
2007-09-01
0.0062
2
323
 6,000 
 801,725 
2007-06-01
0.0354
13
367
 56,123 
 1,053,320 
2006-12-01
0.0345
3
87
 54,200 
 985,047 
2006-06-01
0.06
6
100
 18,198 
 545,000 
2006-03-01
0.0492
3
61
 15,500 
 927,140 
2005-12-01
0.1481
4
27
 13,400 
 654,836 
2005-09-01
0.3333
1
3
 50.00 
 27,000 
2005-06-01
7.0
7
1
 9,945 
 100,000 
2005-03-01
0.375
3
8
 3,437 
 325,874 
2004-12-01
0.25
1
4
 200,000 
 384,065 
2004-09-01
2.0
4
2
 11,829 
 100,000 
2004-06-01
2.0
4
2
 5,528 
 300,000 
2003-12-01
0.8
4
5
 13,540,928 
 212,022 

Garmin Notable Stakeholders

A Garmin stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Garmin often face trade-offs trying to please all of them. Garmin's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Garmin's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Clifton PembleCEO and President Director and President of Garmin International Inc and President of Garmin USA Inc and President of Garmin AT IncProfile
Min KaoExecutive Chairman of the BoardProfile
Patrick DesboisExecutive Vice President - OperationsProfile
Andrew EtkindVice President, General Counsel, SecretaryProfile
Douglas BoessenChief Financial Officer, TreasurerProfile
Douglas CPACFO TreasurerProfile
Charles PefferIndependent DirectorProfile
Joseph HartnettIndependent DirectorProfile
Joshua MaxfieldGeneral VPProfile
Andrew JDVP SecretaryProfile
Susan LymanVP MarketingProfile
Philip StraubInc InternationalProfile
MinHwan KaoCoFounder ChairmanProfile
Laurie MinardVice ResourcesProfile
Jonathan BurrellIndependent DirectorProfile
Sean BiddlecombeManaging EMEAProfile
Ted GartnerDirector CommunicationsProfile
Catherine LewisIndependent DirectorProfile
Teri SeckManager, Investor RelationsProfile
Brad TrenkleCoChief OfficerProfile

About Garmin Management Performance

The success or failure of an entity such as Garmin often depends on how effective the management is. Garmin management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Garmin management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Garmin management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.16  0.20 
Return On Capital Employed 0.18  0.25 
Return On Assets 0.14  0.19 
Return On Equity 0.18  0.24 

Garmin Workforce Analysis

Traditionally, organizations such as Garmin use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Garmin within its industry.

Garmin Manpower Efficiency

Return on Garmin Manpower

Revenue Per Employee262.7K
Revenue Per Executive261.4M
Net Income Per Employee64.8K
Net Income Per Executive64.5M
Working Capital Per Employee158.5K
Working Capital Per Executive157.7M
When determining whether Garmin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Garmin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Garmin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Garmin Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garmin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.545
Dividend Share
3
Earnings Share
7.87
Revenue Per Share
31.044
Quarterly Revenue Growth
0.241
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.