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

Posted by George Bondi on Oct 9th, 2026

GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) insider Samak Azar sold 335 shares of the firm’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $49.01, for a total transaction of $16,418.35. Following the completion of the transaction, the insider directly owned 8,459 shares of the company’s stock, valued at approximately $414,575.59. This trade represents a 3.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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

GlobalFoundries stock traded down $1.12 during mid-day trading on Friday, reaching $48.24. The company’s stock had a trading volume of 5,922,665 shares, compared to its average volume of 4,270,076. The firm’s fifty day moving average price is $47.87 and its two-hundred day moving average price is $59.62. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.74 and a current ratio of 2.48. GlobalFoundries Inc. has a 12-month low of $32.02 and a 12-month high of $92.55. The company has a market capitalization of $26.47 billion, a P/E ratio of 37.69, a PEG ratio of 1.53 and a beta of 1.77.

GlobalFoundries (NASDAQ:GFS – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. GlobalFoundries had a return on equity of 6.69% and a net margin of 10.36%.The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the prior year, the business posted $0.42 earnings per share. The business’s quarterly revenue was up 5.8% on a year-over-year basis. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. Sell-side analysts predict that GlobalFoundries Inc. will post 1.48 EPS for the current fiscal year.

GlobalFoundries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Wednesday, September 23rd will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 1.0%. GlobalFoundries’s dividend payout ratio is 37.50%.

Hedge Funds Weigh In On GlobalFoundries

A number of institutional investors have recently added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd raised its position in shares of GlobalFoundries by 844.7% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 62,593 shares of the company’s stock valued at $2,186,000 after buying an additional 55,967 shares in the last quarter. Sei Investments Co. increased its stake in GlobalFoundries by 239.0% in the first quarter. Sei Investments Co. now owns 48,246 shares of the company’s stock valued at $2,146,000 after acquiring an additional 34,014 shares during the last quarter. Bank of America Corp DE increased its stake in GlobalFoundries by 106.1% in the first quarter. Bank of America Corp DE now owns 875,361 shares of the company’s stock valued at $38,936,000 after acquiring an additional 450,722 shares during the last quarter. First Trust Advisors LP raised its position in GlobalFoundries by 97.4% during the first quarter. First Trust Advisors LP now owns 264,837 shares of the company’s stock valued at $11,780,000 after purchasing an additional 130,643 shares in the last quarter. Finally, Janus Henderson Group PLC purchased a new stake in GlobalFoundries during the first quarter valued at about $1,108,000.

Key Stories Impacting GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

Positive Sentiment: GlobalFoundries agreed to a multiyear, approximately $2 billion deal with TSMC to manufacture silicon interposers at its Malta, New York, facility for TSMC’s CoWoS advanced AI-packaging technology. The agreement gives GFS exposure to rapidly growing artificial-intelligence and high-performance-computing demand without requiring it to manufacture leading-edge GPUs. GlobalFoundries reaches agreement to establish U.S.-based supply of silicon interposers for advanced AI packaging
Positive Sentiment: GF also unveiled its FDX Fusion roadmap, a next-generation FD-SOI platform designed for “physical AI” applications. Management said the technology delivers single-digit-nanometer digital performance optimized for edge and real-world devices, potentially strengthening the company’s specialty-chip positioning. GF unveils roadmap to deliver the world’s most advanced FD-SOI platform for Physical AI
Positive Sentiment: GlobalFoundries entered a multiyear manufacturing partnership with quantum-computing company Xanadu, adding another potential growth avenue in photonic and quantum hardware. Quantum firm Xanadu partners with GlobalFoundries for photonic component development

Analyst Ratings Changes

A number of research analysts have weighed in on GFS shares. Morgan Stanley reaffirmed a “negative” rating and set a $60.00 target price on shares of GlobalFoundries in a report on Thursday, August 6th. Jefferies Financial Group set a $60.00 price target on shares of GlobalFoundries in a report on Wednesday, August 5th. UBS Group cut their price objective on shares of GlobalFoundries from $61.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Robert W. Baird set a $140.00 price objective on shares of GlobalFoundries in a research note on Thursday, August 6th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of GlobalFoundries in a report on Tuesday, September 8th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $74.63.

Check Out Our Latest Research Report on GlobalFoundries

GlobalFoundries Company Profile

(Get Free Report)

GlobalFoundries Inc is a semiconductor contract manufacturer that produces chips for customers without owning their own fabrication facilities. The company operates as a pure-play foundry, manufacturing semiconductors based on customers’ designs and supporting them through process development, wafer fabrication, packaging, and related services.

Its technology portfolio focuses on specialized semiconductor platforms rather than the most advanced leading-edge logic nodes. Products and services include radio-frequency technologies, analog and mixed-signal solutions, power management, embedded memory, silicon photonics, and automotive and industrial semiconductor platforms.