GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) insider Samak Azar sold 335 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $48.93, for a total value of $16,391.55. Following the sale, the insider owned 11,809 shares in the company, valued at $577,814.37. This represents a 2.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
GlobalFoundries Price Performance
Shares of GFS opened at $49.99 on Friday. The company has a quick ratio of 1.87, a current ratio of 2.59 and a debt-to-equity ratio of 0.13. The stock has a market cap of $27.43 billion, a PE ratio of 35.96, a PEG ratio of 1.76 and a beta of 1.76. GlobalFoundries Inc. has a 12-month low of $31.51 and a 12-month high of $92.55. The business has a 50-day simple moving average of $72.34 and a two-hundred day simple moving average of $58.46.
GlobalFoundries (NASDAQ:GFS – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The business’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Analysts anticipate that GlobalFoundries Inc. will post 1.38 earnings per share for the current fiscal year.
GlobalFoundries Dividend Announcement
Key GlobalFoundries News
Here are the key news stories impacting GlobalFoundries this week:
- Positive Sentiment: GlobalFoundries signed a letter of intent to receive a $300 million CHIPS Act R&D award from the U.S. Department of Commerce. The funding is intended to accelerate U.S. leadership in silicon photonics, an important technology for artificial-intelligence and high-performance-computing data centers. The award strengthens GFS’s strategic position, supports domestic semiconductor capabilities and could improve long-term growth prospects. GlobalFoundries silicon photonics CHIPS award
- Positive Sentiment: Analyst commentary said the government agreement reinforces the investment case for expanding U.S. chip manufacturing and research. However, the market may already have reflected some of the benefit in GFS’s valuation. Wedbush analysis of GlobalFoundries government deal
- Neutral Sentiment: GlobalFoundries is scheduled to report second-quarter 2026 results before the market opens on August 5. Analysts are focused on whether revenue growth can lift earnings; the company has exceeded consensus EPS estimates in each of the past four quarters, providing a favorable earnings track record but also raising expectations. GlobalFoundries second-quarter earnings preview
- Neutral Sentiment: Director Samak L. Azar sold 335 shares for approximately $16,392 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was relatively small and planned in advance, it is a limited signal about management’s view of the stock, though it may add modest selling pressure. GlobalFoundries insider transaction filing
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on GFS. Robert W. Baird set a $100.00 price target on shares of GlobalFoundries in a research report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of GlobalFoundries in a report on Friday, May 29th. Susquehanna boosted their price objective on shares of GlobalFoundries to $125.00 and gave the stock a “positive” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. increased their price objective on GlobalFoundries from $45.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Arete Research set a $95.00 target price on GlobalFoundries in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $74.62.
Get Our Latest Stock Analysis on GlobalFoundries
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. WealthCollab LLC boosted its stake in shares of GlobalFoundries by 674.7% in the 4th quarter. WealthCollab LLC now owns 705 shares of the company’s stock valued at $25,000 after purchasing an additional 614 shares during the last quarter. FNY Investment Advisers LLC bought a new position in GlobalFoundries during the second quarter worth $60,000. Parallel Advisors LLC raised its stake in GlobalFoundries by 39.8% during the first quarter. Parallel Advisors LLC now owns 832 shares of the company’s stock worth $37,000 after buying an additional 237 shares during the last quarter. Covestor Ltd lifted its holdings in GlobalFoundries by 57.6% in the fourth quarter. Covestor Ltd now owns 955 shares of the company’s stock valued at $33,000 after buying an additional 349 shares during the period. Finally, Atlas Capital Advisors Inc. bought a new stake in GlobalFoundries during the fourth quarter valued at $35,000.
About GlobalFoundries
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.
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