Garmin Ltd (NYSE:GRMN) continues to leave a notable mark in the tech sector. With substantial
investments in innovation such as the Descent S1 Smart Buoy and the new flagship Apollo RA800 marine stereo, the company promises to revolutionize the market. Notably, the Smart Buoy introduces ground-breaking underwater messaging that transforms dive safety. Additionally, Garmin's smartwatches have become more versatile and user-friendly with the integration of Google Maps. Furthermore, Garmin has launched the Force Current kayak trolling motor that enhances maneuverability, and brought the FAA Data Comm to the market via the GTN 750Xi series certification. Despite the incredible growth potential evident in these moves, insider stock sales by top executives in the company might be an indicator of expected weakness. The tech giant continues to reward its shareholders, endeavouring to pay dividends of $0.90 quarterly through 2026. Notably,
institutional owners control 57% of the company's shares. Notwithstanding, GRMN stock has been suffering some short-term losses, underperforming the general market and some competitors. The long-term outlook, however, appears bullish given Garmin's consistent growth and performance.
Garmin Ltd GRMN News Analytics from Fri, 30 Aug 2024 07:00:00 GMT to Wed, 16 Jul 2025 10:59:00 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor -3
