Key Points
- Michael James Hogan sold 1,800 shares of GlobalFoundries on April 1 at an average price of $45.04 (total $81,072), cutting his stake by 7.91% to 20,945 shares; the sale was executed under a Rule 10b5-1 trading plan.
- Hogan also sold 1,800 shares on March 18 at $43.25, showing two similar insider sales within a two-week span.
- GlobalFoundries beat Q4 EPS estimates with $0.55 versus $0.47 expected, gave Q1 2026 guidance of $0.30–$0.40, and holds a Street consensus rating of "Hold" with an average price target of $46.13.
GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 1,800 shares of the company's stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $45.04, for a total value of $81,072.00. Following the completion of the sale, the insider owned 20,945 shares in the company, valued at $943,362.80. This represents a 7.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Michael James Hogan also recently made the following trade(s):
- On Wednesday, March 18th, Michael James Hogan sold 1,800 shares of GlobalFoundries stock. The stock was sold at an average price of $43.25, for a total value of $77,850.00.
GlobalFoundries Price Performance
GFS stock opened at $43.75 on Friday. The company has a current ratio of 2.62, a quick ratio of 1.95 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $24.34 billion, a PE ratio of 27.52, a PEG ratio of 1.73 and a beta of 1.46. GlobalFoundries Inc. has a 1-year low of $29.77 and a 1-year high of $50.98. The business's 50 day simple moving average is $45.11 and its 200 day simple moving average is $39.34.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.08. GlobalFoundries had a return on equity of 6.86% and a net margin of 13.05%.The business had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.80 billion. During the same quarter in the prior year, the business earned $0.46 EPS. The firm'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 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the stock. Weiss Ratings raised shares of GlobalFoundries from a "sell (d)" rating to a "hold (c)" rating in a research note on Monday, March 2nd. UBS Group set a $50.00 price target on GlobalFoundries in a research note on Thursday, February 12th. Susquehanna reissued a "neutral" rating and set a $50.00 price objective on shares of GlobalFoundries in a report on Thursday, February 12th. Wedbush boosted their price objective on GlobalFoundries from $40.00 to $50.00 and gave the stock a "neutral" rating in a research report on Thursday, February 12th. Finally, Morgan Stanley set a $43.00 target price on GlobalFoundries in a report on Monday, February 9th. Six research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $46.13.
Check Out Our Latest Stock Analysis on GFS
Institutional Trading of GlobalFoundries
Several institutional investors have recently modified their holdings of GFS. WealthCollab LLC increased its holdings in GlobalFoundries by 674.7% in the fourth quarter. WealthCollab LLC now owns 705 shares of the company's stock valued at $25,000 after purchasing an additional 614 shares during the period. True Wealth Design LLC lifted its holdings in GlobalFoundries by 216.7% during the 4th quarter. True Wealth Design LLC now owns 795 shares of the company's stock worth $28,000 after buying an additional 544 shares during the period. Clearstead Advisors LLC lifted its holdings in GlobalFoundries by 91.9% during the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company's stock worth $29,000 after buying an additional 387 shares during the period. First Horizon Corp bought a new stake in shares of GlobalFoundries in the 3rd quarter valued at about $33,000. Finally, Covestor Ltd grew its position in shares of GlobalFoundries by 57.6% in the 4th quarter. Covestor Ltd now owns 955 shares of the company's stock valued at $33,000 after buying an additional 349 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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