Key Points
- Insider sale: Samak Azar sold 500 GlobalFoundries shares on April 9 at an average price of $47.60 under a pre-arranged Rule 10b5-1 plan, receiving $23,800 and reducing his stake by 2.7% to 17,994 shares (≈$856,514).
- Operational context: GlobalFoundries beat quarterly EPS estimates ($0.55 vs. $0.47) on $1.83 billion revenue and set Q1 2026 guidance of $0.30–$0.40 EPS, while the stock trades near recent highs with a $27.3B market cap and a P/E of about 30.8.
- Market view: Analysts hold a consensus Hold rating with a $46.13 target amid mixed upgrades/downgrades, and institutional investors (e.g., AQR, RBC) have recently increased positions.
GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Samak Azar sold 500 shares of the stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $47.60, for a total transaction of $23,800.00. Following the transaction, the insider owned 17,994 shares of the company's stock, valued at approximately $856,514.40. This represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
GlobalFoundries Trading Up 0.2%
GlobalFoundries stock opened at $49.03 on Tuesday. The firm has a 50-day moving average of $45.42 and a 200-day moving average of $40.03. GlobalFoundries Inc. has a one year low of $30.69 and a one year high of $50.98. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.62 and a quick ratio of 1.95. The company has a market cap of $27.28 billion, a price-to-earnings ratio of 30.84, a P/E/G ratio of 1.93 and a beta of 1.46.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.55 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $1.80 billion. During the same period in the prior year, the business posted $0.46 EPS. The company's quarterly revenue was up .0% on a year-over-year basis. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. On average, equities analysts expect that GlobalFoundries Inc. will post 1.31 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
GFS has been the topic of a number of research analyst reports. The Goldman Sachs Group upped their target price on shares of GlobalFoundries from $40.00 to $46.00 and gave the company a "neutral" rating in a report on Wednesday, February 11th. Dbs Bank cut shares of GlobalFoundries from a "moderate buy" rating to a "hold" rating in a report on Friday, February 13th. Susquehanna reaffirmed a "neutral" rating and issued a $50.00 target price on shares of GlobalFoundries in a report on Thursday, February 12th. Weiss Ratings raised shares of GlobalFoundries from a "sell (d)" rating to a "hold (c)" rating in a report on Monday, March 2nd. Finally, Citigroup upped their target price on shares of GlobalFoundries from $42.00 to $49.00 and gave the company a "neutral" rating in a report on Thursday, February 12th. Six investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $46.13.
View Our Latest Report on GFS
Institutional Investors Weigh In On GlobalFoundries
A number of institutional investors and hedge funds have recently modified their holdings of GFS. Royal Bank of Canada raised its holdings in GlobalFoundries by 4.4% in the 1st quarter. Royal Bank of Canada now owns 15,583 shares of the company's stock valued at $575,000 after acquiring an additional 660 shares during the period. AQR Capital Management LLC raised its holdings in GlobalFoundries by 77.6% in the 1st quarter. AQR Capital Management LLC now owns 102,048 shares of the company's stock valued at $3,679,000 after acquiring an additional 44,599 shares during the period. Jones Financial Companies Lllp raised its holdings in GlobalFoundries by 7,120.1% in the 1st quarter. Jones Financial Companies Lllp now owns 12,202 shares of the company's stock valued at $450,000 after acquiring an additional 12,033 shares during the period. American Century Companies Inc. raised its holdings in GlobalFoundries by 3.4% in the 2nd quarter. American Century Companies Inc. now owns 27,606 shares of the company's stock valued at $1,055,000 after acquiring an additional 903 shares during the period. Finally, M&T Bank Corp bought a new position in GlobalFoundries in the 2nd quarter valued at about $269,000.
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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