GlobalFoundries (NASDAQ:GFS) Insider Sells $210,476.00 in Stock

June 13, 2026 by InsiderTrades.com

Key Points

GlobalFoundries insider Michael James Hogan sold 2,800 shares on June 10 at an average price of $75.17, totaling $210,476. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and Hogan now owns 6,695 shares.
The company recently reported better-than-expected quarterly earnings, posting $0.40 EPS versus the $0.35 consensus estimate, while revenue came in at $1.63 billion, in line with forecasts. GlobalFoundries also provided Q2 2026 guidance of $0.25 to $0.35 EPS.
GlobalFoundries declared a quarterly dividend of $0.12 per share, payable July 14 to shareholders of record on June 24. Analysts currently have a Hold consensus rating on the stock, with a target price of $73.29.

GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 2,800 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $75.17, for a total transaction of $210,476.00. Following the completion of the transaction, the insider directly owned 6,695 shares in the company, valued at $503,263.15. The trade was a 29.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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Michael James Hogan also recently made the following trade(s):

On Wednesday, May 27th, Michael James Hogan sold 2,800 shares of GlobalFoundries stock. The shares were sold at an average price of $82.88, for a total transaction of $232,064.00.
On Tuesday, May 5th, Michael James Hogan sold 500 shares of GlobalFoundries stock. The shares were sold at an average price of $70.00, for a total transaction of $35,000.00.
On Wednesday, April 29th, Michael James Hogan sold 2,300 shares of GlobalFoundries stock. The shares were sold at an average price of $60.69, for a total transaction of $139,587.00.
On Monday, April 20th, Michael James Hogan sold 500 shares of GlobalFoundries stock. The shares were sold at an average price of $60.00, for a total transaction of $30,000.00.
On Wednesday, April 15th, Michael James Hogan sold 1,800 shares of GlobalFoundries stock. The shares were sold at an average price of $48.31, for a total transaction of $86,958.00.
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 transaction of $81,072.00.
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 transaction of $77,850.00.

GlobalFoundries Price Performance

NASDAQ:GFS opened at $81.38 on Friday. GlobalFoundries Inc. has a 52 week low of $31.51 and a 52 week high of $92.55. The firm has a market cap of $45.28 billion, a price-to-earnings ratio of 58.55, a P/E/G ratio of 2.85 and a beta of 1.77. The firm's 50-day simple moving average is $67.37 and its 200 day simple moving average is $50.77. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.87 and a current ratio of 2.59.

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GlobalFoundries (NASDAQ:GFS - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, topping 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 business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the firm earned $0.34 earnings per share. GlobalFoundries's revenue for the quarter was up 3.1% compared to the same quarter last year. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, sell-side analysts predict that GlobalFoundries Inc. will post 1.38 earnings per share for the current year.

GlobalFoundries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Wednesday, June 24th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, June 24th.

Hedge Funds Weigh In On GlobalFoundries

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Several hedge funds have recently bought and sold shares of GFS. WealthCollab LLC increased its holdings in GlobalFoundries by 674.7% in the 4th quarter. WealthCollab LLC now owns 705 shares of the company's stock valued at $25,000 after buying an additional 614 shares during the period. True Wealth Design LLC increased its holdings in GlobalFoundries by 216.7% in the 4th quarter. True Wealth Design LLC now owns 795 shares of the company's stock valued at $28,000 after buying an additional 544 shares during the period. Clearstead Advisors LLC increased its holdings in GlobalFoundries by 91.9% in the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company's stock valued at $29,000 after buying an additional 387 shares during the period. Covestor Ltd increased its holdings 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 buying an additional 349 shares during the period. Finally, Atlas Capital Advisors Inc. bought a new position in GlobalFoundries in the 4th quarter valued at about $35,000.

Analysts Set New Price Targets

A number of research firms recently commented on GFS. UBS Group raised their price target on shares of GlobalFoundries from $65.00 to $77.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 6th. Jefferies Financial Group reaffirmed a "hold" rating and set a $65.00 price target on shares of GlobalFoundries in a research report on Wednesday, May 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of GlobalFoundries in a research report on Friday, May 29th. Citigroup raised their price target on shares of GlobalFoundries from $49.00 to $70.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 6th. Finally, Loop Capital set a $80.00 target price on shares of GlobalFoundries in a report on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $73.29.

Check Out Our Latest Stock Analysis on GlobalFoundries

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.