Shares of Garmin Ltd. (GRMN) Sees Large Inflow of Net Money Flow

Garmin Ltd. (GRMN) : Garmin Ltd. (GRMN) had a healthy money flow of $11.54 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $21.79 million, whereas, investors only sold shares worth $10.25 million on downticks. The stock closed the day with an up-down ratio of 2.13.The money flow in the block trades to the tune of $11.76 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $14.19 million worth of transactions were on upticks. A paltry $2.43 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 5.84. Garmin Ltd. (GRMN) stock slid $0.11 intraday and traded at 48.75, a change of -0.23% over previous days close. However, for the week, the company shares are -2.89% compared to previous weeks close.


The company Insiders own 18.3% of Garmin Ltd. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.1% . Institutional Investors own 36.13% of Garmin Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -16.87%.

In a related news, The officer (VP, Worldwide Sales), of Garmin Ltd, Bartel Danny J had unloaded 786 shares at $54.53 per share in a transaction on August 19, 2016. The total value of transaction was $42,861. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Garmin Ltd. (NASDAQ:GRMN): stock was range-bound between the intraday low of $48.54 and the intraday high of $49.399 after having opened at $49.23 on Fridays session. The stock finally closed in the red at $49.23, a loss of -0.23%. The stock remained in the red for the whole trading day. The total traded volume was 1,251,190 shares. The stock failed to cross $49.399 in Fridays trading. The stocks closing price on Thursday was $48.86.

Garmin Ltd. (GRMN) : During the past 4 weeks, traders have been relatively bearish on Garmin Ltd. (GRMN), hence the stock is down -11.12% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.38% relative to the S&P 500. The 4-week change in the price of the stock is -11.24% and the stock has fallen -2.89% in the past 1 week.

Garmin Ltd. (Garmin) is a provider of navigation, communications and information devices, which are enabled by Global Positioning System (GPS) technology. The Company operates through five business segments: marine, outdoor, fitness, automotive/mobile, and aviation markets. It designs, develops, manufactures, markets and distributes a family of hand-held, wearable, portable and fixed-mount GPS-enabled products and other navigation, communications, sensor-based and information products. It offers a range of automotive navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers a range of products designed for use in outdoor activities. It offers a range of products designed for use in fitness and activity tracking. Garmin offers a range of products designed for use in the recreational marine industry. Garmins aviation product line includes GPS-enabled navigation, and electronic flight instrumentation systems (EFIS), among others.

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