Analyst Upgrades – Garmin (NASDAQ:GRMN) Stock Gets Upgraded By Longbow Research from Neutral to Buy

ME Staff
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Analyst Ratings For Garmin (NASDAQ:GRMN)

Today, Garmin (NASDAQ:GRMN) stock received an upgrade by Longbow Research from Neutral to Buy with a price target of $60.00.

There are 2 sell ratings, 5 hold ratings, 3 buy ratings on the stock.

The current consensus rating on Garmin (NASDAQ:GRMN) is Hold (Score: 2.10) with a consensus target price of $50.50 per share, a potential 2.25% downside.

Some recent analyst ratings include

  • 7/19/2017-Longbow Research Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 7/10/2017-Tigress Financial Reiterated Rating of Buy.
  • 5/4/2017-J P Morgan Chase & Co was Downgraded by analysts at J P Morgan Chase & Co from a “Neutral ” rating to a ” Underweight” rating. They now have a $50.00 price target on the stock, up previously from $55.00 .
  • 2/23/2017-Oppenheimer Holdings, Inc. Reiterated Rating of Market Perform.
  • 12/29/2016-KeyCorp Reiterated Rating of Equal Weight.

Dividend information for Garmin (NASDAQ:GRMN)

Garmin (NASDAQ:GRMN) pays an annual dividend of Community Ranking: with a yield of 3.95%.

Dividend History for Garmin (NASDAQ:GRMN)

  • On 7/5/2017 Garmin announced a Quarterly dividend of $0.51 with an ex dividend date of 9/14/2017 which will be payable on 9/29/2017.
  • On 2/22/2017 Garmin announced a Quarterly dividend of $0.51 with an ex dividend date of 6/15/2017 which will be payable on 6/30/2017.
  • On 6/20/2016 Garmin announced a Quarterly dividend of $0.51 with an ex dividend date of 3/13/2017 which will be payable on 3/31/2017.
  • On 6/14/2016 Garmin announced a Quarterly dividend of $0.51 with an ex dividend date of 12/12/2016 which will be payable on 12/30/2016.
  • On 6/14/2016 Garmin announced a Quarterly dividend of $0.51 with an ex dividend date of 9/13/2016 which will be payable on 9/30/2016.
  • On 2/17/2016 Garmin announced a jun 16 dividend of $0.51 with an ex dividend date of 6/14/2016 which will be payable on 6/30/2016.
  • On 12/1/2015 Garmin announced a dividend of $0.51 with an ex dividend date of 3/11/2016 which will be payable on 3/31/2016.

Recent Insider Trading Activity For Garmin (NASDAQ:GRMN)
Garmin (NASDAQ:GRMN) has insider ownership of 18.30% and institutional ownership of 41.70%.

  • On 5/31/2017 Jonathan Burrell, Major Shareholder, sold 200,000 with an average share price of $52.11 per share and the total transaction amounting to $10,422,000.00. View SEC Filing
  • On 5/30/2017 Jonathan Burrell, Major Shareholder, sold 100,000 with an average share price of $52.23 per share and the total transaction amounting to $5,223,000.00. View SEC Filing
  • On 5/26/2017 Jonathan Burrell, Major Shareholder, sold 100,000 with an average share price of $52.46 per share and the total transaction amounting to $5,246,000.00. View SEC Filing
  • On 2/22/2017 Andrew R. Etkind, VP, sold 6,524 with an average share price of $54.57 per share and the total transaction amounting to $356,014.68. View SEC Filing
  • On 12/16/2016 Andrew R. Etkind, VP, sold 2,116 with an average share price of $49.55 per share and the total transaction amounting to $104,847.80. View SEC Filing
  • On 11/25/2016 Clifton A. Pemble, Insider, sold 175 with an average share price of $52.50 per share and the total transaction amounting to $9,187.50. View SEC Filing
  • On 8/19/2016 Danny J. Bartel, VP, sold 786 with an average share price of $54.53 per share and the total transaction amounting to $42,860.58. View SEC Filing

Recent Trading Activity for Garmin (NASDAQ:GRMN)
Shares of Garmin closed the previous trading session at 51.66 up +1.45 2.89% with 1,288,532 shares trading hands.