Several noteworthy events have impacted
Garmin Ltd. (GRMN) recently. The company's
stock positions were trimmed by several entities such as
Custom Index Systems LLC,
CIBC Asset Management Inc, and
Barlow Wealth Partners Inc, yet also gained interest from investors like
Narwhal Capital Management and
Versor Investments LP. Garmin has also announced a steady
dividend of $0.75. The company has seen share sell-offs from various executives, yet continues on a robust path with positive
Quarterly Earning Results. Garmin has released a new product, the
Dash Cam X series, demonstrating their continuous expansion in different markets. The
Fitness segment of the company shows potential for long-term growth. Garmin's stock reached a new 52-week high and the company was ranked second on Forbes' 2024 best large employers list. However, BofA Securities downgrade Garmin's valuation as 'unsustainable'. Notwithstanding this, the unveiling of a
revolutionary technology to prevent runway incursions and the introduction of innovative features to Automotive OEM solutions signals Garmin's commitment to innovation.
Garmin Ltd GRMN News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sun, 08 Sep 2024 12:38:39 GMT -
Rating 8
- Innovation 8
- Information 8
- Rumor 6
