This is what analysts have to say about Garmin Ltd. (NASDAQ:GRMN) after last week.

April 24, 2018 - By Linda Rogers

Garmin Ltd. (NASDAQ:GRMN) LogoInvestors sentiment decreased to 1.08 in Q4 2017. Its down 0.29, from 1.37 in 2017Q3. It worsened, as 31 investors sold Garmin Ltd. shares while 121 reduced holdings. 58 funds opened positions while 106 raised stakes. 72.31 million shares or 2.58% less from 74.22 million shares in 2017Q3 were reported.
Driehaus Capital Management Limited Co invested in 18,745 shares or 0.04% of the stock. Denali Advsrs Lc owns 0.59% invested in Garmin Ltd. (NASDAQ:GRMN) for 63,400 shares. Brandywine Invest Management Ltd Liability Co holds 0.06% in Garmin Ltd. (NASDAQ:GRMN) or 172,197 shares. Smithfield holds 0% or 55 shares. Summit Limited Liability Corp has 0.02% invested in Garmin Ltd. (NASDAQ:GRMN). Fdx owns 19,148 shares or 0.03% of their US portfolio. Credit Suisse Ag has 0.04% invested in Garmin Ltd. (NASDAQ:GRMN). Cibc Markets Corporation owns 25,060 shares for 0.01% of their portfolio. Norinchukin Bancshares The holds 0.01% of its portfolio in Garmin Ltd. (NASDAQ:GRMN) for 12,912 shares. Cornerstone Advisors invested in 55 shares. Atlantic Group Ltd reported 0% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Moreover, Raymond James Svcs Inc has 0.03% invested in Garmin Ltd. (NASDAQ:GRMN). Wellington Shields Management Lc has 10,000 shares for 0.09% of their portfolio. Blackrock, a New York-based fund reported 11.27 million shares. Amalgamated Bancorp, a New York-based fund reported 15,032 shares.

Since December 13, 2017, it had 0 insider purchases, and 8 insider sales for $30.82 million activity. Another trade for 9,905 shares valued at $599,708 was sold by Peffer Charles. 111,457 Garmin Ltd. (NASDAQ:GRMN) shares with value of $6.69M were sold by KAO MIN H. The insider ETKIND ANDREW R sold 1,929 shares worth $116,917. On Wednesday, December 13 the insider Biddlecombe Sean sold $45,904. $2.35M worth of stock was sold by PEMBLE CLIFTON A on Thursday, February 15.

Garmin Ltd. (NASDAQ:GRMN) Ratings Coverage

Among 5 analysts covering Garmin Ltd (NASDAQ:GRMN), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Garmin Ltd had 6 analyst reports since November 1, 2017 according to SRatingsIntel. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Equal-Weight” rating given on Thursday, November 2 by Morgan Stanley. Robert W. Baird maintained the shares of GRMN in report on Thursday, February 22 with “Neutral” rating. The firm has “Buy” rating by Tigress Financial given on Friday, December 15. As per Wednesday, November 1, the company rating was maintained by KeyBanc Capital Markets. The firm has “Buy” rating by Tigress Financial given on Monday, March 12. The firm has “Sell” rating given on Tuesday, December 12 by Credit Suisse. Below is a list of Garmin Ltd. (NASDAQ:GRMN) latest ratings and price target changes.

12/03/2018 Broker: Tigress Financial Rating: Buy Maintain
22/02/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Neutral Old Target: $57 New Target: $60 Maintain
15/12/2017 Broker: Tigress Financial Rating: Buy Maintain
12/12/2017 Broker: Credit Suisse Rating: Sell New Target: $58.0 Maintain
02/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $52 New Target: $57 Maintain
01/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

The stock decreased 0.74% or $0.43 during the last trading session, reaching $57.66. About 784,337 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 14.52% since April 24, 2017 and is uptrending. It has outperformed by 2.97% the S&P500.

Garmin Ltd., together with its subsidiaries, designs, develops, makes, markets, and distributes a range of navigation, communication, and information devices worldwide. The company has market cap of $10.85 billion. It operates through five divisions: Auto, Aviation, Marine, Outdoor, and Fitness. It has a 15.67 P/E ratio. The Auto segment offers personal navigation devices; infotainment solutions; and action cameras, as well as mobile applications under the Garmin and NAVIGON names.

Garmin Ltd. (NASDAQ:GRMN) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.