Key Points
- Insider sale: GlobalFoundries insider Samak Azar sold 335 shares for approximately $16,177 under a pre-arranged Rule 10b5-1 plan, reducing their holdings by 2.84% to 11,474 shares.
- Quarterly performance: The company reported quarterly EPS of $0.46, beating estimates by $0.03, while revenue rose 5.8% year over year to $1.79 billion. GlobalFoundries issued third-quarter 2026 EPS guidance of $0.46–$0.56.
- Dividend and analyst view: GlobalFoundries declared a quarterly dividend of $0.12 per share, equivalent to a 1.0% yield. Analysts have a consensus “Hold” rating and an average price target of $75.11.
GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Samak Azar sold 335 shares of the business's stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $48.29, for a total transaction of $16,177.15. Following the transaction, the insider owned 11,474 shares in the company, valued at $554,079.46. This trade represents a 2.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
GlobalFoundries Price Performance
GlobalFoundries stock opened at $50.05 on Tuesday. GlobalFoundries Inc. has a 12-month low of $31.51 and a 12-month high of $92.55. The company has a current ratio of 2.48, a quick ratio of 1.74 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $68.51 and a 200-day moving average price of $58.98. The firm has a market capitalization of $27.46 billion, a PE ratio of 39.10, a price-to-earnings-growth ratio of 1.56 and a beta of 1.80.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. GlobalFoundries had a net margin of 10.36% and a return on equity of 6.69%. The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the firm posted $0.42 EPS. The firm's revenue was up 5.8% compared to the same quarter last year. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. As a group, equities research analysts forecast that GlobalFoundries Inc. will post 1.39 EPS for the current year.
GlobalFoundries Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Wednesday, September 23rd will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 23rd. GlobalFoundries's payout ratio is 37.50%.
Hedge Funds Weigh In On GlobalFoundries
A number of hedge funds and other institutional investors have recently made changes to their positions in GFS. WealthCollab LLC increased its stake in shares of GlobalFoundries by 674.7% during the fourth 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. Covestor Ltd lifted its stake in GlobalFoundries by 57.6% in the fourth quarter. Covestor Ltd now owns 955 shares of the company's stock worth $33,000 after acquiring an additional 349 shares during the period. Atlas Capital Advisors Inc. bought a new position in GlobalFoundries during the 4th quarter worth about $35,000. Strategic Advocates LLC increased its position in GlobalFoundries by 95.1% during the 4th quarter. Strategic Advocates LLC now owns 1,026 shares of the company's stock valued at $37,000 after purchasing an additional 500 shares during the period. Finally, Parallel Advisors LLC raised its holdings in shares of GlobalFoundries by 39.8% in the 1st quarter. Parallel Advisors LLC now owns 832 shares of the company's stock valued at $37,000 after purchasing an additional 237 shares in the last quarter.
Analyst Ratings Changes
Several brokerages have recently weighed in on GFS. Cantor Fitzgerald upgraded GlobalFoundries from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $50.00 to $80.00 in a report on Monday, May 4th. Susquehanna upped their price objective on GlobalFoundries to $125.00 and gave the company a "positive" rating in a research report on Monday, May 11th. UBS Group reduced their target price on GlobalFoundries from $61.00 to $55.00 and set a "neutral" rating on the stock in a research note on Thursday. Loop Capital set a $80.00 target price on shares of GlobalFoundries in a research note on Monday, May 4th. Finally, Evercore reissued an "outperform" rating and set a $85.00 target price on shares of GlobalFoundries in a research note on Tuesday, May 19th. Eight analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $75.11.
Check Out Our Latest Research Report on GFS
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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