Desbois Patrick, an insider at Garmin Ltd (GRMN), sold 60,115 shares of the company on December 14, 2025, at a price of $207.23 per share, totaling $12.46 million. Following this transaction, Patrick retains 60,115 shares of Garmin.
Garmin, a holding company based in Schaffhausen, Switzerland, operates in the consumer products industry, specializing in navigation and communication devices powered by GPS technology. The company has a market capitalization of $38.9 billion and reported a P/E ratio of 24.76 and an EPS of 8.11 as of December 18, 2025. Garmin's diverse product offerings include devices for fitness, outdoor activities, aviation, marine applications, and automotive navigation.
Insider transactions like this one are reported to the SEC, providing transparency regarding executive stock activity. While such sales can be driven by various personal or financial reasons, they should not be the sole basis for investment decisions. Investors are advised to consider patterns of insider activity across multiple transactions and insiders to gain a comprehensive view of company sentiment.
Looking ahead, Garmin's upcoming earnings report is scheduled for July 28, 2026, with an estimated EPS of $2.24 and projected revenue of $1.9 billion.