Key Points
- GlobalFoundries insider Samak Azar sold 335 shares at an average price of $45.37, generating approximately $15,199. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced the insider’s direct holdings by 4.3% to 7,454 shares.
- GlobalFoundries reported quarterly EPS of $0.46, beating estimates by $0.03, while revenue reached $1.79 billion, up 5.8% year over year. The company provided Q3 2026 EPS guidance of $0.46–$0.56.
- Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $75.79. Shares opened at $41.90, compared with a 12-month range of $32.02 to $92.55.
GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Samak Azar sold 335 shares of the firm's stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $45.37, for a total transaction of $15,198.95. Following the sale, the insider directly owned 7,454 shares of the company's stock, valued at approximately $338,187.98. The trade was a 4.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
GlobalFoundries Stock Performance
GlobalFoundries stock opened at $41.90 on Friday. GlobalFoundries Inc. has a 12-month low of $32.02 and a 12-month high of $92.55. The company has a market capitalization of $22.99 billion, a price-to-earnings ratio of 32.73, a price-to-earnings-growth ratio of 1.46 and a beta of 1.77. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.48 and a quick ratio of 1.74. The firm's fifty day moving average price is $46.48 and its 200 day moving average price is $54.92.
GlobalFoundries (NASDAQ:GFS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. The firm had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.77 billion. GlobalFoundries had a net margin of 10.36% and a return on equity of 6.69%. The firm's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.42 EPS. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. On average, research analysts forecast that GlobalFoundries Inc. will post 1.48 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in GFS. PNC Financial Services Group Inc. increased its holdings in shares of GlobalFoundries by 8.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,954 shares of the company's stock worth $87,000 after purchasing an additional 154 shares during the period. Parallel Advisors LLC lifted its stake in shares of GlobalFoundries by 39.8% in the first quarter. Parallel Advisors LLC now owns 832 shares of the company's stock valued at $37,000 after buying an additional 237 shares during the period. Signaturefd LLC lifted its stake in shares of GlobalFoundries by 22.3% in the third quarter. Signaturefd LLC now owns 1,370 shares of the company's stock valued at $66,000 after buying an additional 250 shares during the period. California State Teachers Retirement System lifted its stake in shares of GlobalFoundries by 5.3% in the first quarter. California State Teachers Retirement System now owns 6,735 shares of the company's stock valued at $300,000 after buying an additional 340 shares during the period. Finally, HB Wealth Management LLC grew its position in GlobalFoundries by 7.0% during the second quarter. HB Wealth Management LLC now owns 5,472 shares of the company's stock worth $451,000 after buying an additional 358 shares in the last quarter.
Analyst Ratings Changes
Several research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft set a $75.00 price target on GlobalFoundries in a research note on Monday, August 10th. Robert W. Baird set a $140.00 price target on GlobalFoundries in a report on Thursday, August 6th. Morgan Stanley restated a "negative" rating and set a $60.00 price objective on shares of GlobalFoundries in a research note on Thursday, August 6th. Cantor Fitzgerald restated an "overweight" rating on shares of GlobalFoundries in a report on Thursday, October 15th. Finally, UBS Group cut their target price on GlobalFoundries from $61.00 to $55.00 and set a "neutral" rating on the stock in a research report on Thursday, August 6th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $75.79.
Get Our Latest Stock Analysis on GlobalFoundries
GlobalFoundries Company Profile
(
Get Free Report)
GlobalFoundries Inc (NASDAQ:GFS) is a semiconductor manufacturer that operates as a contract foundry, producing chips designed by other companies. The company provides wafer fabrication and related services for customers in the automotive, communications infrastructure, aerospace and defense, industrial, and consumer electronics markets.
GlobalFoundries specializes in differentiated semiconductor technologies rather than competing primarily in the most advanced logic-processing nodes. Its offerings include radio-frequency and silicon-on-insulator technologies, embedded memory, power-management solutions, high-voltage processes, silicon photonics, and other specialty platforms used in connectivity, sensing, automotive electronics, and edge-computing applications.
The company was established in 2009 through the separation of Advanced Micro Devices' manufacturing operations, with investment from the Abu Dhabi-based Advanced Technology Investment Company.
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