Insider Selling: GlobalFoundries (NASDAQ:GFS) Insider Sells $19,135.20 in Stock

GlobalFoundries Inc. (NASDAQ:GFSGet Free Report) insider Samak Azar sold 335 shares of the firm’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $57.12, for a total transaction of $19,135.20. Following the sale, the insider directly owned 12,144 shares in the company, valued at approximately $693,665.28. The trade was a 2.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

GlobalFoundries Stock Up 6.0%

Shares of NASDAQ:GFS opened at $49.89 on Friday. The firm has a 50 day simple moving average of $73.05 and a 200-day simple moving average of $58.52. GlobalFoundries Inc. has a twelve month low of $31.51 and a twelve month high of $92.55. The company has a current ratio of 2.59, a quick ratio of 1.87 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $27.37 billion, a PE ratio of 35.89, a P/E/G ratio of 1.66 and a beta of 1.76.

GlobalFoundries (NASDAQ:GFSGet Free Report) last posted its 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. GlobalFoundries had a net margin of 11.40% and a return on equity of 6.85%. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the firm posted $0.34 EPS. The company’s revenue was up 3.1% on a year-over-year basis. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, equities analysts predict that GlobalFoundries Inc. will post 1.38 EPS for the current fiscal year.

GlobalFoundries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Wednesday, June 24th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. GlobalFoundries’s dividend payout ratio (DPR) is presently 34.53%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GFS. WealthCollab LLC boosted its stake in shares of GlobalFoundries by 674.7% during the fourth quarter. WealthCollab LLC now owns 705 shares of the company’s stock worth $25,000 after buying an additional 614 shares during the period. Covestor Ltd increased its position in GlobalFoundries by 57.6% in the 4th quarter. Covestor Ltd now owns 955 shares of the company’s stock valued at $33,000 after acquiring an additional 349 shares during the period. Atlas Capital Advisors Inc. acquired a new position in GlobalFoundries in the 4th quarter valued at about $35,000. Strategic Advocates LLC raised its stake in GlobalFoundries by 95.1% during the 4th quarter. Strategic Advocates LLC now owns 1,026 shares of the company’s stock valued at $37,000 after acquiring an additional 500 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in 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 acquiring an additional 237 shares during the last quarter.

Key Stories Impacting GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

  • Positive Sentiment: The proposed government award strengthens GlobalFoundries’ position in the strategic U.S. semiconductor supply chain and provides outside funding for a technology area viewed as important to the growth of AI infrastructure. Analysts at Wedbush said the agreement reinforces the case for increased domestic silicon-photonics investment. US to award GlobalFoundries $300 million to develop faster AI chip links
  • Positive Sentiment: Investors are also looking ahead to GlobalFoundries’ second-quarter 2026 results, scheduled for Aug. 5 before the market opens. The company has beaten earnings estimates in each of the past four quarters, with an average surprise of 13.97%, raising expectations for another potential beat. GFS Set to Report Q2 Results
  • Neutral Sentiment: The award remains subject to the finalization of the government agreement, and the immediate financial impact is uncertain. With shares trading at a relatively elevated earnings multiple, some of the optimism surrounding the CHIPS funding may already be reflected in the stock.
  • Neutral Sentiment: GlobalFoundries also streamlined its board following shareholder-backed annual-meeting decisions. The governance change could improve focus, but the reports provide limited evidence of a near-term effect on earnings or valuation. GlobalFoundries Streamlines Board After Shareholder-Backed AGM Decisions
  • Negative Sentiment: An insider sold 335 shares for approximately $19,135 under a pre-arranged Rule 10b5-1 trading plan. The small, scheduled transaction is unlikely to materially change the investment case, but it is a modest negative signal.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GFS. Citigroup boosted their target price on GlobalFoundries from $49.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Zacks Research upgraded GlobalFoundries from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. Susquehanna lifted their price target on GlobalFoundries to $125.00 and gave the stock a “positive” rating in a research report on Monday, May 11th. Arete Research set a $95.00 price objective on GlobalFoundries in a research note on Wednesday, June 10th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $65.00 price objective on shares of GlobalFoundries in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, GlobalFoundries currently has an average rating of “Hold” and an average target price of $74.62.

Get Our Latest Stock Report on GlobalFoundries

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.

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