GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Samak Azar sold 335 shares of the firm's stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $48.93, for a total value of $16,391.55. Following the sale, the insider directly owned 11,809 shares of the company's stock, valued at $577,814.37. This represents a 2.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
GlobalFoundries Trading Up 0.2%
Shares of GFS stock opened at $49.99 on Friday. GlobalFoundries Inc. has a fifty-two week low of $31.51 and a fifty-two 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 stock has a 50 day simple moving average of $72.34 and a two-hundred day simple moving average of $58.46. The company has a market cap of $27.43 billion, a P/E ratio of 35.96, a PEG ratio of 1.76 and a beta of 1.76.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.05. The firm had revenue of $1.63 billion for the quarter, compared to analysts' expectations of $1.63 billion. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The company's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.34 EPS. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Research analysts forecast that GlobalFoundries Inc. will post 1.38 earnings per share for the current year.
GlobalFoundries Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Wednesday, June 24th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $0.48 annualized dividend and a yield of 1.0%. GlobalFoundries's dividend payout ratio is currently 34.53%.
Analyst Ratings Changes
Several equities research analysts have weighed in on GFS shares. Jefferies Financial Group reaffirmed a "hold" rating and issued a $65.00 price target on shares of GlobalFoundries in a research note on Wednesday, May 6th. Morgan Stanley increased their price objective on shares of GlobalFoundries from $58.00 to $65.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 6th. Arete Research set a $95.00 target price on GlobalFoundries in a research note on Wednesday, June 10th. Needham & Company LLC boosted their target price on GlobalFoundries from $55.00 to $80.00 and gave the company a "buy" rating in a research report on Tuesday, May 5th. Finally, Robert W. Baird set a $100.00 price target on GlobalFoundries in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $74.62.
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More GlobalFoundries News
Here are the key news stories impacting GlobalFoundries this week:
- Positive Sentiment: GlobalFoundries signed a letter of intent to receive a $300 million CHIPS Act R&D award from the U.S. Department of Commerce. The funding is intended to accelerate U.S. leadership in silicon photonics, an important technology for artificial-intelligence and high-performance-computing data centers. The award strengthens GFS’s strategic position, supports domestic semiconductor capabilities and could improve long-term growth prospects. GlobalFoundries silicon photonics CHIPS award
- Positive Sentiment: Analyst commentary said the government agreement reinforces the investment case for expanding U.S. chip manufacturing and research. However, the market may already have reflected some of the benefit in GFS’s valuation. Wedbush analysis of GlobalFoundries government deal
- Neutral Sentiment: GlobalFoundries is scheduled to report second-quarter 2026 results before the market opens on August 5. Analysts are focused on whether revenue growth can lift earnings; the company has exceeded consensus EPS estimates in each of the past four quarters, providing a favorable earnings track record but also raising expectations. GlobalFoundries second-quarter earnings preview
- Neutral Sentiment: Director Samak L. Azar sold 335 shares for approximately $16,392 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was relatively small and planned in advance, it is a limited signal about management’s view of the stock, though it may add modest selling pressure. GlobalFoundries insider transaction filing
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of GFS. Aster Capital Management DIFC Ltd increased its position 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 acquiring an additional 55,967 shares in the last quarter. AXQ Capital LP lifted its position in GlobalFoundries by 438.9% in the 4th quarter. AXQ Capital LP now owns 49,617 shares of the company's stock valued at $1,733,000 after acquiring an additional 40,410 shares in the last quarter. Monaco Asset Management SAM acquired a new position in GlobalFoundries during the 4th quarter valued at about $6,984,000. UBS Group AG boosted its stake in GlobalFoundries by 136.7% during the 4th quarter. UBS Group AG now owns 1,809,232 shares of the company's stock valued at $63,178,000 after purchasing an additional 1,044,755 shares during the last quarter. Finally, Catalyst Funds Management Pty Ltd bought a new stake in GlobalFoundries during the 4th quarter worth approximately $1,526,000.
About GlobalFoundries
(
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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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