Insider Cluster (2 insiders) ·Filed Jun 9, 2026

GRMN

GARMIN LTD
NEUTRAL
Impact 2/10
Horizondays Processed3mo ago
Insider cluster: 2 insiders, $234K total
Actionable Insight • Neutral

The insider sales are too small relative to Garmin's $45.4B market cap to warrant a trading response. Monitor the next 10-Q for any fundamental deterioration, but this cluster alone provides no actionable edge.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
GRMN ▲ +16.06% at T+60d
NEUTRAL call ✓ call won +16.06% · α vs SPY +12.24% · entry $237.85 → $276.04
Entry anchored
Jun 9, 02:15 PM ET
via exchange tick
T+1d
-2.58%
call -2.58% · α -1.00%
$231.72
settled 4mo ago
T+5d
+0.13%
call +0.13% · α -2.28%
$238.17
settled 4mo ago
T+20d
+4.55%
call +4.55% · α +3.11%
$248.68
settled 3mo ago
T+60d
+16.06%
call +16.06% · α +12.24%
$276.04
settled 29d ago

Price Chart

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Executive Summary

Two Garmin insiders (a director and the CFO) sold a combined $234K in open-market transactions over a 5-day window. The total is ~0.0005% of the $45.4B market cap — trivial in size and consistent with routine portfolio diversification. No material signal for the stock.

Key Financial Metrics

Direction
selling
Total Value
$234.0K
Insiders
2

Key Facts

  • Director Hartnett sold 643 shares at $263.57 for $169K on June 9
  • CFO Boessen sold 272 shares at $236.59 for $64K on June 5
  • Total open-market sales: $234K, or ~0.0005% of $45.4B market cap
  • Four directors also had non-cash grant/award and tax-withholding transactions (zero economic signal)
  • No insider purchases in the cluster

Financial Impact

Insider sales of $234K represent less than 0.001% of market cap — immaterial

Risk Factors

  • CFO selling could be interpreted negatively by some market participants, but the $64K amount is negligible
  • No risk of material insider signal — the cluster is noise

Market Snapshot

Exchange
NYSE
Sector
Search, Detection, Navigation, Guidance, Aeronautical Sys
Analyst Consensus
44% bullish (16 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-GRMN-1781029034622
11 reports for GRMN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for GRMN — sortable, filterable
TypeNow
Jul 31, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$304.76 $284.11▼ −6.78%▼ −8.01%$281.16 (−7.74%)
Jul 31, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$304.76 $284.11▼ −6.78%▼ −8.01%$281.16 (−7.74%)
Jul 31, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$304.76 $284.11▼ −6.78%▼ −8.01%$281.16 (−7.74%)
Jul 29, 2026
9w ago
8-K
BULLISH ★ 7/10
$294.83 $289.02▼ −1.97%▼ −6.99%$281.16 (−4.64%)
Jul 23, 2026
10w ago
Press Release
NEUTRAL ★ 2/10
$240.10 $293.09▲ +22.07%▲ +18.76%$281.16 (+17.10%)
Jun 9, 2026
16w ago
Insider Cluster
NEUTRAL ★ 2/10
$237.85 $248.68▲ +4.55%▲ +3.11%$281.16 (+18.21%)
Jun 9, 2026
16w ago
Insider Cluster
NEUTRAL ★ 2/10
$237.85 $248.68▲ +4.55%▲ +3.11%$281.16 (+18.21%)
Jun 9, 2026
16w ago
Insider Cluster
NEUTRAL ★ 2/10
$237.85 $248.68▲ +4.55%▲ +3.11%$281.16 (+18.21%)
Jun 8, 2026
16w ago
8-K
NEUTRAL ★ 3/10
$237.85 $248.68▲ +4.55%▲ +3.11%$281.16 (+18.21%)
Apr 22, 2026
23w ago
DEFA14A
NEUTRAL ★ 3/10
$266.59 $228.69▼ −14.22%▼ −17.38%$281.16 (+5.47%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (64h 39m)

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Report published Jun 9, 2026