Key Points
- Insider Michael James Hogan sold 1,800 shares on April 15 at an average price of $48.31 (≈$86,958), cutting his stake to 18,995 shares (an ~8.66% reduction); the transaction was made under a Rule 10b5-1 trading plan and follows similar sales of 1,800 shares on March 18 and April 1 (totaling 5,400 shares recently).
- GlobalFoundries trades with a market cap of $30.46B and a P/E of 34.4, sits above its 200-day MA ($40.38) and near its one-year high, recently beat quarterly EPS estimates ($0.55 vs $0.47) and gave Q1 2026 EPS guidance of $0.30–$0.40; analysts’ consensus is a 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 business's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $48.31, for a total value of $86,958.00. Following the transaction, the insider owned 18,995 shares in the company, valued at approximately $917,648.45. This represents a 8.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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, April 1st, Michael James Hogan sold 1,800 shares of GlobalFoundries stock. The shares were sold at an average price of $45.04, for a total value of $81,072.00.
- On Wednesday, March 18th, Michael James Hogan sold 1,800 shares of GlobalFoundries stock. The shares were sold at an average price of $43.25, for a total value of $77,850.00.
GlobalFoundries Stock Performance
Shares of GlobalFoundries stock opened at $54.75 on Friday. The business's 50 day moving average price is $46.15 and its 200 day moving average price is $40.38. The company has a market cap of $30.46 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 1.99 and a beta of 1.46. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.95 and a current ratio of 2.62. GlobalFoundries Inc. has a one year low of $30.73 and a one year high of $54.98.
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 return on equity of 6.86% and a net margin of 13.05%.The company had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.80 billion. During the same period in the prior year, the business earned $0.46 EPS. The firm'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, research analysts predict that GlobalFoundries Inc. will post 1.31 EPS for the current year.
Hedge Funds Weigh In On GlobalFoundries
A number of hedge funds have recently made changes to their positions in the stock. Invesco Ltd. boosted its position in shares of GlobalFoundries by 7.9% during the 3rd quarter. Invesco Ltd. now owns 2,962,385 shares of the company's stock worth $106,172,000 after purchasing an additional 217,866 shares during the period. AQR Capital Management LLC raised its position in GlobalFoundries by 9.9% in the fourth quarter. AQR Capital Management LLC now owns 2,865,046 shares of the company's stock valued at $100,047,000 after purchasing an additional 257,254 shares during the period. First Trust Advisors LP lifted its stake in GlobalFoundries by 15.2% during the third quarter. First Trust Advisors LP now owns 2,659,454 shares of the company's stock worth $95,315,000 after purchasing an additional 350,743 shares in the last quarter. Marshall Wace LLP boosted its position in shares of GlobalFoundries by 126.0% during the fourth quarter. Marshall Wace LLP now owns 2,382,003 shares of the company's stock worth $83,180,000 after buying an additional 1,328,129 shares during the period. Finally, ArrowMark Colorado Holdings LLC boosted its position in shares of GlobalFoundries by 5.8% during the third quarter. ArrowMark Colorado Holdings LLC now owns 2,274,261 shares of the company's stock worth $81,510,000 after buying an additional 124,812 shares during the period.
Analysts Set New Price Targets
Several equities analysts have weighed in on the stock. The Goldman Sachs Group boosted 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. Weiss Ratings raised shares of GlobalFoundries from a "sell (d)" rating to a "hold (c)" rating in a research report on Monday, March 2nd. Susquehanna reiterated a "neutral" rating and issued a $50.00 price objective on shares of GlobalFoundries in a research report on Thursday, February 12th. Citigroup raised their target price on GlobalFoundries from $42.00 to $49.00 and gave the stock a "neutral" rating in a research note on Thursday, February 12th. Finally, TD Cowen reiterated a "buy" rating on shares of GlobalFoundries in a report on Thursday, February 12th. Six investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $46.13.
Check Out Our Latest Analysis on GFS
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.
Further Reading
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