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.
Garmin's General Manager, Cheng-Wei Wang, recently divested 9,941 shares of his company's stock on August 18, 2026. The transaction, which yielded a weighted average sale price of $299.36 per share, represented a total value of approximately $3.0 million. Following the sale, Wang's holdings were valued at around $2.97 million, based on the market close that same day.
Garmin Ltd., a global powerhouse in wireless technology and positioning solutions, boasts a market capitalization of $57 billion and a trailing twelve-month revenue of $7.7 billion. The company's diverse product range and strong market position underscore its resilience in the technology hardware industry, with 23,000 employees and a net profit margin of approximately 24.7% (TTM).
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