GlobalFoundries (NASDAQ:GFS) Insider Samak Azar Sells 335 Shares

Posted by Brian Himes on May 27th, 2026

GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) insider Samak Azar sold 335 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $77.99, for a total transaction of $26,126.65. Following the transaction, the insider owned 15,159 shares of the company’s stock, valued at $1,182,250.41. This represents a 2.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

GlobalFoundries Stock Performance

Shares of GFS opened at $89.96 on Wednesday. The firm has a 50-day moving average price of $57.94 and a 200 day moving average price of $46.62. The firm has a market capitalization of $50.06 billion, a PE ratio of 64.72, a P/E/G ratio of 3.03 and a beta of 1.71. The company has a quick ratio of 1.87, a current ratio of 2.59 and a debt-to-equity ratio of 0.13. GlobalFoundries Inc. has a 52-week low of $31.51 and a 52-week high of $92.55.

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

GlobalFoundries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Wednesday, June 24th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, June 24th.

Hedge Funds Weigh In On GlobalFoundries

Several large investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. boosted its position in shares of GlobalFoundries by 8.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,954 shares of the company’s stock valued at $87,000 after purchasing an additional 154 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of GlobalFoundries by 39.8% during the 1st quarter. Parallel Advisors LLC now owns 832 shares of the company’s stock valued at $37,000 after purchasing an additional 237 shares in the last quarter. Vident Advisory LLC boosted its position in shares of GlobalFoundries by 5.0% during the 4th quarter. Vident Advisory LLC now owns 6,160 shares of the company’s stock valued at $215,000 after purchasing an additional 293 shares in the last quarter. Profund Advisors LLC boosted its position in shares of GlobalFoundries by 0.7% during the 3rd quarter. Profund Advisors LLC now owns 45,349 shares of the company’s stock valued at $1,625,000 after purchasing an additional 299 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its position in shares of GlobalFoundries by 9.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 3,575 shares of the company’s stock valued at $125,000 after purchasing an additional 305 shares in the last quarter.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Needham & Company LLC increased their target price on shares of GlobalFoundries from $55.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. increased their target price on shares of GlobalFoundries from $45.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Loop Capital set a $80.00 target price on shares of GlobalFoundries in a research report on Monday, May 4th. Morgan Stanley increased their target price on shares of GlobalFoundries from $58.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Dbs Bank lowered shares of GlobalFoundries from a “moderate buy” rating to a “hold” rating in a research report on Friday, February 13th. Eight research 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, the stock currently has an average rating of “Hold” and an average price target of $69.88.

Check Out Our Latest Analysis on GFS

GlobalFoundries Company Profile

(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.