Garmin General Manager sells $3 million in stock

Garmin Ltd. executives and institutional investors have recently engaged in several notable stock transactions. Cheng-Wei Wang, General Manager of Garmin Corp., sold 9,941 shares on August 18, 2026, in a transaction valued at approximately $3.0 million. The shares were sold at a weighted average price between $296.50 and $303.44. Following this sale, Wang retains a direct holding of 29,506 shares.

Additionally, Director Sean Biddlecombe sold 986 shares on July 31, 2026, at an average price of $292.88, totaling roughly $288,780.

On the institutional side, Madison Asset Management LLC acquired a new stake in the company during the second quarter, purchasing 3,651 shares valued at approximately $867,000. Other firms, including Groupe la Francaise and Reflection Asset Management, have also adjusted their positions in the company. Institutional investors currently hold 81.60% of Garmin's stock.