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Garmin Ltd. (GRMN) President and COO Clifton A Pemble sells 5,000 Shares

Jan 24, 2012 | About:
insider
insider
President and COO of Garmin Ltd. (GRMN) Clifton A Pemble sells 5,000 shares of GRMN on 01/20/2012 at an average price of $42.5 a share.

Garmin Ltd. has a market cap of $8.14 billion; its shares were traded at around $41.71 with a P/E ratio of 15.8 and P/S ratio of 3. The dividend yield of Garmin Ltd. stocks is 3.8%. Garmin Ltd. had an annual average earning growth of 25.3% over the past 10 years. GuruFocus rated Garmin Ltd. the business predictability rank of 5-star.

CFO Recent Trades:


  • CFO Kevin Rauckman sold 10,000 shares of GRMN stock on 11/07/2011 at the average price of 35.66. Kevin Rauckman owns at least 34,692 shares after this. The price of the stock has increased by 16.97% since.

This is the insider trade history vs. stock price of GRMN. For the complete insider trading history of GRMN, click here.




Directors and Officers Recent Trades:


  • Vice President - Marketing Gary V Kelley sold 538 shares of GRMN stock on 12/30/2011 at the average price of 40.31. Gary V Kelley owns at least 5,284 shares after this. The price of the stock has increased by 3.47% since.
  • Vice President - Marketing Gary V Kelley sold 538 shares of GRMN stock on 12/30/2011 at the average price of 40.31. Gary V Kelley owns at least 5,284 shares after this. The price of the stock has increased by 3.47% since.
  • Vice President - Marketing Gary V Kelley sold 1,110 shares of GRMN stock on 12/21/2011 at the average price of 39.36. Gary V Kelley owns at least 5,822 shares after this. The price of the stock has increased by 5.97% since.
  • Director Donald Eller sold 100,000 shares of GRMN stock on 12/19/2011 at the average price of 38.19. Donald Eller owns at least 687,998 shares after this. The price of the stock has increased by 9.22% since.
  • Vice President - Operations Brian James Pokorny sold 2,354 shares of GRMN stock on 12/15/2011 at the average price of 37.35. Brian James Pokorny owns at least 16,640 shares after this. The price of the stock has increased by 11.67% since.


For the complete insider trading history of GRMN, click here.

Tickers in the article:

Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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