Intel stock spikes after report of possible US government stake
Edward J. Link, VP of Information Technology at Garmin LTD (NASDAQ:GRMN), sold 1,718 shares of the company’s stock on August 11, 2025, at a price of $230.0, for a total transaction value of $395,140. The transaction occurred near the stock’s current trading price of $228.99, with the company maintaining strong financial health and impressive gross profit margins of 59%. According to InvestingPro analysis, Garmin is currently trading above its Fair Value.
Following the transaction, Link directly owns 27,703 shares of Garmin LTD, which includes 5,908 unvested shares acquired pursuant to previously granted restricted stock unit awards and 69 shares acquired in June 2025 under the Garmin Ltd (NYSE:GRMN). Employee Stock Purchase Plan. The company has demonstrated strong performance with a 38% return over the past year. For deeper insights into insider trading patterns and comprehensive financial analysis, investors can access Garmin’s detailed Pro Research Report, available exclusively on InvestingPro.
In other recent news, Garmin Ltd. reported second-quarter results that exceeded analyst expectations, leading the company to raise its full-year guidance. Garmin achieved adjusted earnings of $2.17 per share, surpassing the analyst consensus of $1.86. The company also reported record revenue of $1.81 billion, which exceeded the estimated $1.7 billion and marked a 20% increase compared to the previous year. These results were driven by strong demand across all business segments. The recent developments have been well-received, as indicated by the positive market response.
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