GlobalFoundries (NASDAQ:GFS) Insider Samak Azar Sells 500 Shares of Stock

Posted by Francis Steltz on May 19th, 2026

GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) insider Samak Azar sold 500 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $74.82, for a total transaction of $37,410.00. Following the transaction, the insider directly owned 15,494 shares of the company’s stock, valued at $1,159,261.08. This trade represents a 3.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

GlobalFoundries Stock Performance

Shares of GFS stock opened at $67.84 on Tuesday. GlobalFoundries Inc. has a one year low of $31.51 and a one year high of $76.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.87 and a current ratio of 2.59. The company has a 50 day moving average price of $53.71 and a 200 day moving average price of $44.73. The firm has a market capitalization of $37.75 billion, a price-to-earnings ratio of 48.81, a price-to-earnings-growth ratio of 2.51 and a beta of 1.71.

GlobalFoundries (NASDAQ:GFS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. GlobalFoundries had a net margin of 11.40% and a return on equity of 6.85%. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the business posted $0.34 earnings per share. GlobalFoundries’s revenue for the quarter was up 3.1% compared to the same quarter last year. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Sell-side analysts anticipate that GlobalFoundries Inc. will post 1.38 EPS for the current year.

GlobalFoundries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Wednesday, June 24th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, June 24th. This represents a $0.48 annualized dividend and a yield of 0.7%. GlobalFoundries’s dividend payout ratio is 34.53%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a $65.00 price target on shares of GlobalFoundries in a research report on Wednesday, May 6th. Wedbush reaffirmed a “neutral” rating and set a $50.00 price target on shares of GlobalFoundries in a research report on Monday, May 4th. Dbs Bank lowered shares of GlobalFoundries from a “moderate buy” rating to a “hold” rating in a research report on Friday, February 13th. Morgan Stanley increased their price objective on shares of GlobalFoundries from $58.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Citigroup increased their price objective on shares of GlobalFoundries from $49.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $67.53.

View Our Latest Analysis on GFS

Institutional Investors Weigh In On GlobalFoundries

Large investors have recently made changes to their positions in the business. WealthCollab LLC increased its position in shares of GlobalFoundries by 674.7% in the fourth quarter. WealthCollab LLC now owns 705 shares of the company’s stock worth $25,000 after acquiring an additional 614 shares in the last quarter. True Wealth Design LLC boosted its stake in shares of GlobalFoundries by 216.7% in the fourth quarter. True Wealth Design LLC now owns 795 shares of the company’s stock valued at $28,000 after purchasing an additional 544 shares during the period. Clearstead Advisors LLC boosted its stake in shares of GlobalFoundries by 91.9% in the third quarter. Clearstead Advisors LLC now owns 808 shares of the company’s stock valued at $29,000 after purchasing an additional 387 shares during the period. Parallel Advisors LLC boosted its stake in shares of GlobalFoundries by 39.8% in the first quarter. Parallel Advisors LLC now owns 832 shares of the company’s stock valued at $37,000 after purchasing an additional 237 shares during the period. Finally, First Horizon Corp purchased a new position in shares of GlobalFoundries in the third quarter valued at $33,000.

About GlobalFoundries

(Get Free Report)

GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.

GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.