Entropy Technologies LP Invests $1.99 Million in GlobalFoundries Inc. $GFS

Entropy Technologies LP bought a new position in shares of GlobalFoundries Inc. (NASDAQ:GFS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 56,882 shares of the company’s stock, valued at approximately $1,986,000.

Other institutional investors have also modified their holdings of the company. Rafferty Asset Management LLC increased its position in shares of GlobalFoundries by 18.4% during the third quarter. Rafferty Asset Management LLC now owns 372,122 shares of the company’s stock worth $13,337,000 after acquiring an additional 57,774 shares during the period. AXQ Capital LP increased its position in shares of GlobalFoundries by 438.9% during the fourth quarter. AXQ Capital LP now owns 49,617 shares of the company’s stock worth $1,733,000 after acquiring an additional 40,410 shares during the period. First Trust Advisors LP increased its position in shares of GlobalFoundries by 15.2% during the third quarter. First Trust Advisors LP now owns 2,659,454 shares of the company’s stock worth $95,315,000 after acquiring an additional 350,743 shares during the period. NEOS Investment Management LLC increased its position in shares of GlobalFoundries by 81.4% during the third quarter. NEOS Investment Management LLC now owns 184,765 shares of the company’s stock worth $6,622,000 after acquiring an additional 82,890 shares during the period. Finally, UBS Group AG increased its position in shares of GlobalFoundries by 136.7% during the fourth quarter. UBS Group AG now owns 1,809,232 shares of the company’s stock worth $63,178,000 after acquiring an additional 1,044,755 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Evercore reaffirmed an “outperform” rating and set a $85.00 target price on shares of GlobalFoundries in a research report on Tuesday, May 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of GlobalFoundries in a research report on Friday, May 29th. Loop Capital set a $80.00 price objective on shares of GlobalFoundries in a report on Monday, May 4th. Cantor Fitzgerald raised shares of GlobalFoundries from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $50.00 to $80.00 in a report on Monday, May 4th. Finally, UBS Group lifted their price objective on shares of GlobalFoundries from $65.00 to $77.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, GlobalFoundries has a consensus rating of “Hold” and a consensus target price of $73.29.

GlobalFoundries Price Performance

Shares of GFS opened at $83.98 on Tuesday. The firm has a market capitalization of $46.73 billion, a PE ratio of 60.42, a price-to-earnings-growth ratio of 2.88 and a beta of 1.77. 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 Inc. has a 1-year low of $31.51 and a 1-year high of $92.55. The company’s fifty day moving average price is $68.17 and its 200-day moving average price is $51.23.

GlobalFoundries (NASDAQ:GFS) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. GlobalFoundries had a net margin of 11.40% and a return on equity of 6.85%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, equities research analysts predict that GlobalFoundries Inc. will post 1.38 EPS for the current year.

GlobalFoundries Announces Dividend

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

Insiders Place Their Bets

In other news, insider Samak L. Azar sold 335 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $77.00, for a total transaction of $25,795.00. Following the sale, the insider directly owned 14,154 shares of the company’s stock, valued at $1,089,858. The trade was a 2.31% decrease in their ownership of the stock. 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. Also, insider Michael James Hogan sold 2,800 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $75.17, for a total transaction of $210,476.00. Following the sale, the insider directly owned 6,695 shares in the company, valued at $503,263.15. This trade represents a 29.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 23,640 shares of company stock worth $1,458,605 over the last three months.

GlobalFoundries Company Profile

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.