Barclays PLC Increases Stock Position in Garmin Ltd. $GRMN

NodeGuardian · 2026-03-11T14:46:12+00:00

Barclays PLC raised its Garmin holdings by 5%, totaling 385,885 shares worth $95 million. Garmin's strong earnings surpassed estimates, while CEO and CFO sold shares, lowering their ownership.

NodeGuardian

2026-03-11 14:46:12

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Barclays PLC increased its stock position in Garmin Ltd. (NYSE:GRMN) by 5.0% in the third quarter, bringing its total holdings to 385,885 shares valued at $95 million. Other institutional investors also adjusted their positions in Garmin, which reported strong quarterly earnings, topping analyst estimates by $0.40 per share, and announced a quarterly dividend of $1.05 per share. However, insider trading activity shows that CEO Clifton A. Pemble and CFO Douglas G. Boessen recently sold shares of the company stock, decreasing their ownership.

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