GlobalFoundries Target of Unusually High Options Trading (NASDAQ:GFS)

GlobalFoundries Inc. (NASDAQ:GFS) was the recipient of unusually large options trading on Tuesday. Traders purchased 23,924 call options on the stock. This is an increase of approximately 833% compared to the average daily volume of 2,563 call options.

Institutional Trading of GlobalFoundries

Institutional investors have recently made changes to their positions in the business. True Wealth Design LLC raised its stake in GlobalFoundries by 216.7% during the 4th quarter. True Wealth Design LLC now owns 795 shares of the company’s stock valued at $28,000 after purchasing an additional 544 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in GlobalFoundries by 148.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 36,215 shares of the company’s stock valued at $1,265,000 after buying an additional 21,612 shares in the last quarter. Allworth Financial LP raised its position in shares of GlobalFoundries by 151.0% during the third quarter. Allworth Financial LP now owns 2,244 shares of the company’s stock valued at $80,000 after buying an additional 1,350 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of GlobalFoundries by 176.0% in the third quarter. IFP Advisors Inc now owns 2,476 shares of the company’s stock worth $89,000 after buying an additional 1,579 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in shares of GlobalFoundries during the third quarter worth $728,000.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Bank of America raised their price objective on shares of GlobalFoundries from $33.00 to $37.00 and gave the company an “underperform” rating in a research note on Thursday, December 4th. Wall Street Zen lowered GlobalFoundries from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Citigroup lowered their price target on GlobalFoundries from $37.00 to $35.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. Weiss Ratings reissued a “sell (d)” rating on shares of GlobalFoundries in a research report on Wednesday, October 8th. Finally, Wedbush lowered shares of GlobalFoundries from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $42.00 to $40.00 in a research note on Wednesday, December 31st. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $40.46.

GlobalFoundries Stock Performance

GFS traded up $0.79 during trading on Tuesday, hitting $40.68. The company’s stock had a trading volume of 2,410,895 shares, compared to its average volume of 3,145,237. The business’s 50 day simple moving average is $36.25 and its 200-day simple moving average is $35.83. The firm has a market cap of $22.49 billion, a PE ratio of -453.16, a P/E/G ratio of 1.67 and a beta of 1.49. GlobalFoundries has a one year low of $29.77 and a one year high of $47.69. The company has a quick ratio of 2.24, a current ratio of 3.03 and a debt-to-equity ratio of 0.13.

GlobalFoundries (NASDAQ:GFS) last released its earnings results on Wednesday, November 12th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). The firm had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.68 billion. GlobalFoundries had a positive return on equity of 6.64% and a negative net margin of 0.65%.GlobalFoundries’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.41 EPS. GlobalFoundries has set its Q4 2025 guidance at 0.420-0.520 EPS. As a group, sell-side analysts predict that GlobalFoundries will post 1.31 EPS for the current fiscal year.

About GlobalFoundries

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.