Insider Selling: GlobalFoundries (NASDAQ:GFS) Insider Sells $27,470.00 in Stock

Posted by Stanley Muller on Jun 11th, 2026

GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) insider Samak Azar sold 335 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $82.00, for a total value of $27,470.00. Following the sale, the insider owned 14,489 shares in the company, valued at approximately $1,188,098. The trade was a 2.26% 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 Down 0.6%

GlobalFoundries stock opened at $74.82 on Thursday. 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 business’s 50-day simple moving average is $65.90 and its two-hundred day simple moving average is $50.22. The company has a market cap of $41.63 billion, a PE ratio of 53.83, a PEG ratio of 2.66 and a beta of 1.77. GlobalFoundries Inc. has a fifty-two week low of $31.51 and a fifty-two week high of $92.55.

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

GlobalFoundries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Wednesday, June 24th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, June 24th.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group reissued a “neutral” rating and issued a $70.00 price objective on shares of GlobalFoundries in a report on Tuesday, May 5th. Morgan Stanley boosted their price objective on GlobalFoundries from $58.00 to $65.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Loop Capital set a $80.00 price objective on GlobalFoundries in a report on Monday, May 4th. TD Cowen reissued a “buy” rating on shares of GlobalFoundries in a report on Thursday, February 12th. Finally, Arete Research set a $95.00 price objective on GlobalFoundries in a report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, GlobalFoundries currently has a consensus rating of “Hold” and an average target price of $73.29.

Check Out Our Latest Report on GFS

Hedge Funds Weigh In On GlobalFoundries

A number of large investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its holdings in GlobalFoundries by 8.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,954 shares of the company’s stock worth $87,000 after purchasing an additional 154 shares during the period. Parallel Advisors LLC raised its holdings in GlobalFoundries by 39.8% in the 1st quarter. Parallel Advisors LLC now owns 832 shares of the company’s stock worth $37,000 after purchasing an additional 237 shares during the period. Vident Advisory LLC raised its holdings in GlobalFoundries by 5.0% in the 4th quarter. Vident Advisory LLC now owns 6,160 shares of the company’s stock worth $215,000 after purchasing an additional 293 shares during the period. Profund Advisors LLC raised its holdings in GlobalFoundries by 0.7% in the 3rd quarter. Profund Advisors LLC now owns 45,349 shares of the company’s stock worth $1,625,000 after purchasing an additional 299 shares during the period. Finally, Federation des caisses Desjardins du Quebec raised its holdings in GlobalFoundries by 9.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 3,575 shares of the company’s stock worth $125,000 after purchasing an additional 305 shares during the period.

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.