GRMN Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own GRMN shares is 1207, representing 57.4% of the company's common stock.

ALLIANCEBERNSTEIN L.P., in the last quarter, reduced its stake in GRMN by -8.63% restricting it's holding to 173.92 thousand shares of worth nearly $25.89M. GREAT WEST LIFE ASSURANCE CO /CAN/ also lessened -2.5% of the GRMN shares from its portfolio, reducing its holding to 171.38 thousand shares of worth $25.54M. BLACKROCK INC. also shunned GRMN shares holding by -7.19% last quarter which brought its holding to 14.21 million shares worth $2.11B.

As per its latest 13F filing, PANAGORA ASSET MANAGEMENT INC increased its stake in GRMN by 1,019.3% in the last quarter. The institutional holder raised its holding to 236.44 thousand shares having worth more than $35.20M. STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM also added 3.54% more shares of GRMN to its portfolio, raising its holding to 173.72 thousand shares of worth $17.53M. GEODE CAPITAL MANAGEMENT, LLC also increased its GRMN shares holding by 2.06% which brought its holding to 4.11 million shares worth $610.68M.

The insider with the most stakes in GRMN is KAO MIN H , Executive Chairman at the company. Additionally, GRMN stock is highly held by director BURRELL JONATHAN and President and CEO PEMBLE CLIFTON A among others.

Company executives, directors, and other insiders own 19.18% percent of Garmin Ltd.'s stock. Within the last six months, there have been 6 transaction(s) in which GRMN insiders have sold stock, totaling 4.2K shares. Insiders that have sold shares include BOESSEN DOUGLAS G., PEMBLE CLIFTON A, and BIDDLECOMBE SEAN.

There have been 0 transaction(s) during the past 6-months in which Garmin Ltd. insiders have bought stock, totalling 0 shares

Around 294.1K Garmin Ltd. shares are held by insiders, which represents about 19.18% of GRMN stock.

GRMN Executive Chairman, KAO MIN H holds the largest portfolio of the company's shares. GRMN shares owned by KAO total nearly 12.33 million.

PANAGORA ASSET MANAGEMENT INC is the largest institutional owner in GRMN which holds 236.44 thousand shares worth $35.20M or 0.12% of the total GRMN shares outstanding followed by ALLIANCEBERNSTEIN L.P. with ownership of 173.92 thousand shares representing 0.09% of the GRMN ownership. STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM is the third largest stakeholder with 173.72 thousand shares or 0.09% of the ownership worth more than $17.53M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the GRMN is concerned, it is a stock which is optionable.

Number of GRMN shares short is 2.75M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 192.02M shares of GRMN are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, GRMN has 154.05M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for GRMN is 4.1.