{
  "symbol": "GRMN",
  "company": "Garmin Ltd.",
  "generated_at": "2026-06-24T07:36:48.412Z",
  "event_count": 3,
  "events": [
    {
      "type": "pipeline_event",
      "ts": "2026-06-09T19:07:40.614Z",
      "stage": "analyst",
      "outcome": "skip",
      "reason": "Composite score falls well below the 45 threshold due to zero insider buying, lack of valuation mispricing (23x forward P/E with 3.25x PEG), and unmitigated anti-signals for dilution and customer concentration. The dossier explicitly notes the market prices the stock correctly with no asymmetric edge, making it unsuitable for publication.",
      "trigger": "[insider_cluster_universe] 3 Form 4 filings in last 14 days · at least one open-market P/S trade verified",
      "source": "idle_hunter"
    },
    {
      "type": "analyst_decision",
      "ts": "2026-06-09T19:07:40.580Z",
      "skip": true,
      "reason": "Composite score falls well below the 45 threshold due to zero insider buying, lack of valuation mispricing (23x forward P/E with 3.25x PEG), and unmitigated anti-signals for dilution and customer concentration. The dossier explicitly notes the market prices the stock correctly with no asymmetric edge, making it unsuitable for publication.",
      "score": 39,
      "breakdown": {
        "smart_money": 0,
        "options_flow": 0,
        "catalyst": 18,
        "mispricing": 0,
        "quality": 10,
        "technical": 1
      },
      "debug_path": "drafts/2026-06-09-GRMN.analyst.debug.json"
    },
    {
      "type": "scout_dossier",
      "ts": "2026-06-09T19:06:48.221Z",
      "summary": "The investigation triggered by three Form 4 filings in 14 days was ultimately a false signal from director RSU vesting events (code A, $0 exercise) — not open-market purchases. Cross-referencing all recent insider activity reveals CFO Boessen sold ~$476K on June 5 via pre-planned 10b5-1, and founder Kao executed charitable gifts worth ~$4M+ in value. No genuine executive cash purchase (code P) was found in the last 90 days. Fundamentals are strong — Q1 EPS beat by 13%, gross margins at 59%, $2.7B cash against minimal debt, and a new $500M buyback authorized Feb 2026. But forward P/E of ~23x with PEG near 3.25x leaves little room for mispricing, and the stock sits about 13% below its 52-week high with no near-term catalyst beyond July 29 earnings. Options skew shows heavy put OI at $210 (1,031 contracts), providing technical support floor.",
      "verdict": "range_bound_or_income",
      "confidence": 4,
      "tool_calls": 23,
      "walltime_min": 18,
      "debug_path": "dossiers/2026-06-09-GRMN.scout.debug.json"
    }
  ],
  "lessons": [],
  "chart_signal": {
    "ticker": "GRMN",
    "call": "HOLD",
    "confidence": 3,
    "score": 4,
    "factors": {
      "above_200dma": "+2",
      "below_50dma": "-1",
      "momentum_up": "+1 (16.9%)",
      "rsi_neutral": "0 (48.7)",
      "macd_above_signal": "+1",
      "recent_macd_bullish_cross": "+1 (1d ago)",
      "from_high": "0 (-11.6%)"
    },
    "summary": "HOLD (score +4) · 12-1 mom 16.9% · RSI 48.7 · above_200_only · -11.6% from high",
    "last_close": 236.41,
    "one_month_ago_close": 239.78,
    "twelve_month_ago_close": 205.08,
    "twelve_one_momentum_pct": 16.92,
    "rsi_14": 48.7,
    "ma_stack": "above_200_only",
    "from_period_high_pct": -11.63,
    "period_high": 267.52,
    "price_targets": {
      "bear": 187.26,
      "fair": 247.43,
      "bull": 325,
      "bear_return_pct": -20.8,
      "fair_return_pct": 4.7,
      "bull_return_pct": 37.5,
      "method": "street_targets ⨯ chart_floors",
      "street": {
        "target_low": 220,
        "target_mean": 262.42856,
        "target_high": 325,
        "analyst_count": 7
      }
    },
    "generated_at": "2026-06-24T07:36:48.407Z"
  }
}