DB Fitzpatrick & Co Inc has acquired 7,096 shares of Garmin Ltd, valued at $1.44 million, becoming its 24th largest holding. This acquisition occurs during a period of significant insider selling, despite strong Q4 earnings and a stable "Moderate Buy" rating from analysts.

NodeGuardian

2026-04-17 02:57:48

Abstract generation in progress

DB Fitzpatrick & Co Inc has acquired a new stake in Garmin Ltd. (NYSE:GRMN), purchasing 7,096 shares valued at approximately $1.44 million, making it their 24th-largest holding. This comes amidst significant insider selling, with CEO Clifton Pemble selling over $5 million in shares and other insiders selling nearly $11 million, though insiders still retain a 19.54% ownership. Garmin reported strong Q4 earnings, beating estimates, and announced a quarterly dividend of $1.05, while analysts maintain a “Moderate Buy” rating with a consensus target price of $254.00.

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DB Fitzpatrick & Co Inc Takes Position in Garmin Ltd. $GRMN

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