Garmin General Manager Sells $3.0 Million Stock Position
Cheng-Wei Wang liquidated nearly a quarter of his direct holdings after the stock gained 28% over the past year. The insider retains 29,506 shares worth $8.78 million.
Overview
Cheng-Wei Wang, General Manager-Garmin Corp., sold 9,941 shares of Garmin Ltd. (NYSE:GRMN) on Aug. 18, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($299.36); post-transaction value based on Aug. 18, 2026, market close ($297.44).
Details
Garmin Ltd. is a global leader in wireless technology and positioning solutions with a market capitalization of $57.0 billion and TTM revenue of $7.7 billion, reflecting strong demand for its specialized hardware and software offerings. The company maintains competitive advantages through its extensive product portfolio across multiple high-growth segments, proprietary technology platforms, and established distribution networks spanning six continents. With 23,000 employees and a net profit margin of approximately 24.7% (TTM), Garmin demonstrates operational efficiency and financial resilience in the technology hardware sector.
Source
Originally published at www.fool.com.