Insider Selling: GlobalFoundries (NASDAQ:GFS) Insider Sells $26,126.65 in Stock

GlobalFoundries Inc. (NASDAQ:GFS) insider Samak Azar sold 335 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $77.99, for a total transaction of $26,126.65. Following the completion of the transaction, the insider owned 15,159 shares in the company, valued at approximately $1,182,250.41. The trade was a 2.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

GlobalFoundries Stock Performance

Shares of GlobalFoundries stock opened at $80.63 on Friday. The stock has a market cap of $44.86 billion, a price-to-earnings ratio of 58.01, a PEG ratio of 2.87 and a beta of 1.71. The firm’s 50-day moving average is $59.43 and its 200 day moving average is $47.28. GlobalFoundries Inc. has a 1 year low of $31.51 and a 1 year high of $92.55. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.59 and a quick ratio of 1.87.

GlobalFoundries (NASDAQ:GFS) last announced 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 company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.63 billion. GlobalFoundries had a net margin of 11.40% and a return on equity of 6.85%. GlobalFoundries’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.34 EPS. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Sell-side analysts anticipate that GlobalFoundries Inc. will post 1.38 EPS for the current fiscal year.

GlobalFoundries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Wednesday, June 24th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, June 24th. This represents a $0.48 annualized dividend and a yield of 0.6%.

Trending Headlines about GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: GlobalFoundries recently reported better-than-expected quarterly results, with EPS of $0.40 topping estimates and revenue essentially in line, while revenue still grew 3.1% year over year. Management also guided Q2 EPS at $0.25-$0.35, and the company continues to benefit from demand in specialty chips used in automotive, communications, industrial and aerospace markets.
• Positive Sentiment: The company announced a quarterly dividend of $0.12 per share, signaling continued capital returns to shareholders and a modest yield that may support the stock.
• Neutral Sentiment: Several recent articles highlight GlobalFoundries’ role in broader semiconductor and AI-related themes, including specialty-chip growth and commercial infrastructure trends, which may keep the stock on investors’ radar but do not provide a direct catalyst.
• Neutral Sentiment: Analyst sentiment remains mixed overall, with a consensus rating of Hold and an average price target below the current trading range, even as some firms such as Evercore keep an Outperform rating.
• Negative Sentiment: Recent insider selling and the announced sale of 22 million shares by Mubadala may weigh on sentiment, as they can signal supply overhang or reduced sponsor support in the near term.

Wall Street Analysts Forecast Growth

GFS has been the topic of several research analyst reports. Robert W. Baird set a $100.00 target price on shares of GlobalFoundries in a research note on Wednesday, May 6th. TD Cowen reaffirmed a “buy” rating on shares of GlobalFoundries in a research report on Thursday, February 12th. Cantor Fitzgerald raised shares of GlobalFoundries from a “neutral” rating to an “overweight” rating and upped their price target for the company from $50.00 to $80.00 in a research report on Monday, May 4th. Wedbush reaffirmed a “neutral” rating and set a $50.00 price target on shares of GlobalFoundries in a research report on Monday, May 4th. Finally, Zacks Research raised shares of GlobalFoundries from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $69.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GFS. Bessemer Group Inc. boosted its stake in GlobalFoundries by 8,275,141.2% in the 1st quarter. Bessemer Group Inc. now owns 2,813,582 shares of the company’s stock worth $125,147,000 after purchasing an additional 2,813,548 shares during the period. HRT Financial LP bought a new position in shares of GlobalFoundries during the 4th quarter valued at approximately $62,996,000. AQR Capital Management LLC boosted its position in shares of GlobalFoundries by 168.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company’s stock valued at $93,463,000 after acquiring an additional 1,635,338 shares during the last quarter. Marshall Wace LLP boosted its position in shares of GlobalFoundries by 126.0% during the 4th quarter. Marshall Wace LLP now owns 2,382,003 shares of the company’s stock valued at $83,180,000 after acquiring an additional 1,328,129 shares during the last quarter. Finally, UBS Group AG boosted its position in shares of 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 acquiring an additional 1,044,755 shares during the last quarter.

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.