**Garmin Ltd. (GRMN)** has been featuring prominently in the **financial markets** with numerous developments influencing investor decisions. The company declared a **$0.75 quarterly dividend** which projects a 1.8% yield. However, several financial institutions, including **Bank of Nova Scotia** and **Thematics Asset Management** sold their GRMN shares. Furthermore, there has been a significant disposal of shares by company insiders with the **EVP of operations, Patrick Desbois**, selling more than $674k of company stock. In Q1 2024, the company recorded commendable results, however, the shares seemed to **underperform** in the market compared to their peers. **Azimuth Capital Investment Management LLC** reported $231,000 holdings in GRMN, while GRMN stock witnessed a bit of volatility with losses and yet outperformed competitors. Garmin also got an upgrade from StockNews.com. Five years' investment in Garmin would have yielded quite a significant gain, at 131%, marking it as an attractive portfolio pick. The company is also celebrating Global Running Day through an in-depth exploration of the positive health benefits of running. Furthermore, GRMN had a strong **Q1 earnings and sales** beating estimates and solidifying its aviation footprint across Europe.
Garmin Ltd GRMN News Analytics from Thu, 14 Sep 2023 07:00:00 GMT to Sun, 09 Jun 2024 14:05:53 GMT -
Rating 3
- Innovation -5
- Information 5
- Rumor -3
