Key Points
- Director Glenda Dorchak sold 4,000 GlobalFoundries shares at an average price of $58.22, generating $232,880. The Rule 10b5-1 transaction reduced her direct holdings by 21.2% to 14,867 shares.
- GlobalFoundries reported quarterly EPS of $0.40, beating estimates of $0.35, while revenue reached $1.63 billion, up 3.1% year over year. The company issued second-quarter 2026 EPS guidance of $0.25–$0.35.
- The company pays a quarterly dividend of $0.12, equivalent to $0.48 annually and a 1.0% yield. Analysts’ consensus rating is Hold, with an average price target of $74.62.
GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Samak Azar sold 335 shares of the firm's stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $57.12, for a total value of $19,135.20. Following the transaction, the insider owned 12,144 shares in the company, valued at approximately $693,665.28. This trade represents a 2.68% decrease in their position. The transaction 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.
GlobalFoundries Stock Performance
GFS opened at $49.02 on Wednesday. The firm has a market cap of $26.90 billion, a P/E ratio of 35.27, a price-to-earnings-growth ratio of 1.88 and a beta of 1.76. GlobalFoundries Inc. has a 52-week low of $31.51 and a 52-week high of $92.55. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.87 and a current ratio of 2.59. The business's fifty day moving average is $74.16 and its 200-day moving average is $58.39.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.05. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous 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. Sell-side analysts expect that GlobalFoundries Inc. will post 1.38 EPS for the current fiscal year.
GlobalFoundries Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Wednesday, June 24th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, June 24th. GlobalFoundries's dividend payout ratio is 34.53%.
Institutional Investors Weigh In On GlobalFoundries
A number of hedge funds have recently made changes to their positions in GFS. Aster Capital Management DIFC Ltd grew its stake in shares of GlobalFoundries by 844.7% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 62,593 shares of the company's stock worth $2,186,000 after buying an additional 55,967 shares during the last quarter. AXQ Capital LP increased its holdings in shares of GlobalFoundries by 438.9% during the fourth quarter. AXQ Capital LP now owns 49,617 shares of the company's stock worth $1,733,000 after buying an additional 40,410 shares in the last quarter. Monaco Asset Management SAM bought a new position in shares of GlobalFoundries in the 4th quarter valued at $6,984,000. UBS Group AG lifted its stake in shares of GlobalFoundries by 136.7% in the 4th quarter. UBS Group AG now owns 1,809,232 shares of the company's stock valued at $63,178,000 after acquiring an additional 1,044,755 shares during the last quarter. Finally, Catalyst Funds Management Pty Ltd acquired a new stake in shares of GlobalFoundries during the 4th quarter valued at $1,526,000.
Analysts Set New Price Targets
A number of brokerages recently issued reports on GFS. The Goldman Sachs Group reissued a "neutral" rating and issued a $70.00 price objective on shares of GlobalFoundries in a research note on Tuesday, May 5th. Zacks Research upgraded GlobalFoundries from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 6th. UBS Group upped their target price on GlobalFoundries from $65.00 to $77.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 6th. Citigroup raised their target price on GlobalFoundries from $49.00 to $70.00 and gave the company a "neutral" rating in a report on Wednesday, May 6th. Finally, Loop Capital set a $80.00 price target on GlobalFoundries in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $74.62.
Get Our Latest Report on GFS
GlobalFoundries Company Profile
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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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