An Insider Andrew Etkind Unloaded 1929 shares of Garmin Ltd. (GRMN); Steelcase (SCS) Shorts Increased By 18.81%

Andrew Etkind, VP – General Counsel – Secretary of Garmin Ltd is the insider, we want to report transactions for. Mr. Andrew submitted a legally required form with the SEC disclosing a trade for 1,929 shares of the public firm, the one he is an insider in. At the time of the selling deal, the average stock market price of Garmin Ltd was $60.6, making the insider deal worth $116,917 US Dollars. Andrew Etkind today owns 0.03% of the company’s market capitalization with ownership of 48,562 shares. 

Steelcase Inc (NYSE:SCS) had an increase of 18.81% in short interest. SCS’s SI was 1.76M shares in February as released by FINRA. Its up 18.81% from 1.48M shares previously. With 618,600 avg volume, 3 days are for Steelcase Inc (NYSE:SCS)’s short sellers to cover SCS’s short positions. The SI to Steelcase Inc’s float is 2.12%. The stock decreased 2.03% or $0.3 during the last trading session, reaching $14.5. About 467,797 shares traded. Steelcase Inc. (NYSE:SCS) has risen 11.15% since February 28, 2017 and is uptrending. It has underperformed by 5.55% the S&P500.

Since September 6, 2017, it had 0 insider purchases, and 9 sales for $22.87 million activity. $13.19 million worth of Garmin Ltd. (NASDAQ:GRMN) shares were sold by BURRELL JONATHAN. $103,455 worth of Garmin Ltd. (NASDAQ:GRMN) was sold by Desbois Patrick. PEMBLE CLIFTON A sold $2.35M worth of Garmin Ltd. (NASDAQ:GRMN) on Thursday, February 15. 755 shares were sold by Biddlecombe Sean, worth $45,904. Shares for $113,828 were sold by ETKIND ANDREW R on Wednesday, September 6.

The stock decreased 0.71% or $0.43 during the last trading session, reaching $60.22. About 1.36M shares traded or 5.47% up from the average. Garmin Ltd. (NASDAQ:GRMN) has risen 28.63% since February 28, 2017 and is uptrending. It has outperformed by 11.93% the S&P500.

Garmin Ltd., together with its subsidiaries, designs, develops, makes, markets, and distributes a range of navigation, communication, and information devices worldwide. The company has market cap of $11.33 billion. It operates through five divisions: Auto, Aviation, Marine, Outdoor, and Fitness. It has a 16.36 P/E ratio. The Auto segment offers personal navigation devices; infotainment solutions; and action cameras, as well as mobile applications under the Garmin and NAVIGON names.

Among 16 analysts covering Garmin Ltd. (NASDAQ:GRMN), 3 have Buy rating, 4 Sell and 9 Hold. Therefore 19% are positive. Garmin Ltd. has $60 highest and $12 lowest target. $42.78’s average target is -28.96% below currents $60.22 stock price. Garmin Ltd. had 31 analyst reports since July 30, 2015 according to SRatingsIntel. Morgan Stanley maintained Garmin Ltd. (NASDAQ:GRMN) rating on Thursday, November 2. Morgan Stanley has “Equal-Weight” rating and $57 target. The stock of Garmin Ltd. (NASDAQ:GRMN) earned “Outperform” rating by RBC Capital Markets on Thursday, October 15. The rating was upgraded by JP Morgan to “Neutral” on Monday, October 19. Bank of America downgraded Garmin Ltd. (NASDAQ:GRMN) on Thursday, August 4 to “Underperform” rating. The firm has “Underperform” rating by Credit Suisse given on Thursday, February 18. Robert W. Baird maintained Garmin Ltd. (NASDAQ:GRMN) rating on Thursday, February 22. Robert W. Baird has “Neutral” rating and $60 target. The company was downgraded on Thursday, July 30 by JP Morgan. Raymond James upgraded the stock to “Mkt Perform” rating in Tuesday, August 25 report. On Tuesday, September 29 the stock rating was initiated by Sterne Agee CRT with “Neutral”. The firm has “Neutral” rating given on Friday, September 11 by DA Davidson.

Investors sentiment increased to 1.37 in Q3 2017. Its up 0.25, from 1.12 in 2017Q2. It is positive, as 16 investors sold Garmin Ltd. shares while 107 reduced holdings. 51 funds opened positions while 118 raised stakes. 74.22 million shares or 4.08% more from 71.31 million shares in 2017Q2 were reported. Prelude Cap Mgmt Limited reported 0% stake. New York State Common Retirement Fund reported 0.02% stake. Visionary Asset Mngmt owns 55,655 shares. Ingalls And Snyder Lc reported 13,450 shares. Whittier Trust Of Nevada has 0% invested in Garmin Ltd. (NASDAQ:GRMN). Brown Advisory has invested 0.01% in Garmin Ltd. (NASDAQ:GRMN). Td Asset Mngmt accumulated 896,375 shares. California State Teachers Retirement System has 215,788 shares for 0.03% of their portfolio. The California-based California Public Employees Retirement Systems has invested 0.03% in Garmin Ltd. (NASDAQ:GRMN). Moreover, Dynamic Advsrs Solutions Ltd Liability Corp has 0.72% invested in Garmin Ltd. (NASDAQ:GRMN) for 33,887 shares. Thrivent Fincl For Lutherans invested in 0% or 4,400 shares. Qs Ltd Liability reported 1,286 shares or 0% of all its holdings. Connecticut-based Cubist Systematic Strategies Ltd Com has invested 0.03% in Garmin Ltd. (NASDAQ:GRMN). Millennium Limited Com invested in 0.01% or 96,182 shares. Huntington Fincl Bank has invested 0% in Garmin Ltd. (NASDAQ:GRMN).

Among 2 analysts covering Steelcase (NYSE:SCS), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Steelcase had 7 analyst reports since September 1, 2015 according to SRatingsIntel. The rating was downgraded by Zacks to “Buy” on Tuesday, September 1. The stock of Steelcase Inc. (NYSE:SCS) has “Neutral” rating given on Friday, November 4 by Seaport Global. The firm has “Strong-Buy – Outperform” rating by Raymond James given on Friday, June 23. Sidoti upgraded Steelcase Inc. (NYSE:SCS) rating on Friday, September 1. Sidoti has “Buy” rating and $16.0 target. The company was upgraded on Thursday, March 23 by Raymond James. Raymond James downgraded Steelcase Inc. (NYSE:SCS) on Wednesday, December 23 to “Mkt Perform” rating. On Wednesday, September 20 the stock rating was downgraded by Sidoti to “Hold”.

Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.02, from 1.3 in 2017Q2. It increased, as 22 investors sold Steelcase Inc. shares while 46 reduced holdings. 32 funds opened positions while 58 raised stakes. 70.58 million shares or 2.23% less from 72.19 million shares in 2017Q2 were reported. Hsbc Public Limited Company reported 0% in Steelcase Inc. (NYSE:SCS). Legal & General Grp Inc Public Limited Company accumulated 44,983 shares. Cornercap Counsel holds 0.1% in Steelcase Inc. (NYSE:SCS) or 47,540 shares. Rhumbline Advisers accumulated 107,130 shares. Price T Rowe Md accumulated 26,903 shares. Voya Limited Company reported 37,588 shares stake. Deutsche Bank Ag invested in 0% or 379,147 shares. Ameritas Partners invested in 0% or 7,435 shares. Great West Life Assurance Co Can invested 0% of its portfolio in Steelcase Inc. (NYSE:SCS). Denali Advsrs Ltd Liability Corp invested in 0% or 118 shares. Ameriprise Financial accumulated 18,274 shares. Ny State Common Retirement Fund holds 0% or 110,200 shares in its portfolio. Aperio Gp Ltd Company stated it has 34,579 shares or 0% of all its holdings. Palouse Capital Inc holds 0.43% or 84,148 shares. Amalgamated Fincl Bank owns 10,862 shares or 0.01% of their US portfolio.

Since January 4, 2018, it had 0 insider buys, and 1 sale for $201,296 activity. WEGE PETER M II had sold 13,300 shares worth $201,296.

Steelcase Inc. manufactures and sells integrated portfolio of furniture settings, user-centered technologies, and interior architectural products. The company has market cap of $1.68 billion. The firm operates through Americas, EMEA, and Other Category divisions. It has a 16.29 P/E ratio. The Company’s furniture systems portfolio comprises panel and freestanding furniture systems, storage, desks, benches, tables, and complementary products, such as worktools.