Key Points
- Insider sale: Michael James Hogan sold 1,800 shares on March 18 at $43.25 for $77,850, cutting his holding by 7.29% to 22,895 shares (≈$990,208.75), as disclosed in an SEC filing.
- Company performance and outlook: GlobalFoundries beat Q results (EPS $0.55 vs. $0.47 consensus; revenue $1.83B) and guided Q1 2026 EPS of $0.30–$0.40, while analysts maintain an average "Hold" rating with a $46.13 consensus target.
GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 1,800 shares of the company's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $43.25, for a total value of $77,850.00. Following the transaction, the insider directly owned 22,895 shares in the company, valued at approximately $990,208.75. This represents a 7.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
GlobalFoundries Price Performance
GlobalFoundries stock opened at $43.08 on Friday. The business's 50-day simple moving average is $44.74 and its 200 day simple moving average is $38.54. The stock has a market cap of $23.97 billion, a price-to-earnings ratio of 27.09, a P/E/G ratio of 1.71 and a beta of 1.47. GlobalFoundries Inc. has a 12-month low of $29.77 and a 12-month high of $50.98. The company has a quick ratio of 1.95, a current ratio of 2.62 and a debt-to-equity ratio of 0.13.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last issued its earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.86%. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter last year, the firm earned $0.46 EPS. The company's revenue for the quarter was up .0% on a year-over-year basis. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. As a group, research analysts anticipate that GlobalFoundries Inc. will post 1.31 earnings per share for the current year.
Wall Street Analyst Weigh In
GFS has been the subject of several recent research reports. Needham & Company LLC upped their target price on shares of GlobalFoundries from $42.00 to $55.00 and gave the company a "buy" rating in a research report on Thursday, February 12th. Robert W. Baird increased their target price on GlobalFoundries from $40.00 to $60.00 and gave the company an "outperform" rating in a research note on Thursday, February 12th. Susquehanna reaffirmed a "neutral" rating and issued a $50.00 price target on shares of GlobalFoundries in a research note on Thursday, February 12th. Wedbush increased their price target on shares of GlobalFoundries from $40.00 to $50.00 and gave the company a "neutral" rating in a research report on Thursday, February 12th. Finally, Dbs Bank lowered shares of GlobalFoundries from a "moderate buy" rating to a "hold" rating in a research note on Friday, February 13th. Six analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $46.13.
Read Our Latest Analysis on GlobalFoundries
Institutional Trading of GlobalFoundries
Several hedge funds have recently bought and sold shares of the stock. HRT Financial LP bought a new stake in GlobalFoundries in the 4th quarter valued at $62,996,000. AQR Capital Management LLC raised its holdings in GlobalFoundries by 168.2% in the 3rd quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company's stock valued at $93,463,000 after buying an additional 1,635,338 shares during the last quarter. Marshall Wace LLP grew its stake in shares of GlobalFoundries by 126.0% in the fourth quarter. Marshall Wace LLP now owns 2,382,003 shares of the company's stock worth $83,180,000 after purchasing an additional 1,328,129 shares during the last quarter. UBS Group AG raised its position in shares of GlobalFoundries by 136.7% during the fourth quarter. UBS Group AG now owns 1,809,232 shares of the company's stock worth $63,178,000 after acquiring an additional 1,044,755 shares during the last quarter. Finally, Balyasny Asset Management L.P. raised its holdings in GlobalFoundries by 15,179.8% during the 4th quarter. Balyasny Asset Management L.P. now owns 919,867 shares of the company's stock worth $32,122,000 after purchasing an additional 925,967 shares during the last quarter.
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.
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