Samak Azar Sells 335 Shares of GlobalFoundries (NASDAQ:GFS) Stock

GlobalFoundries Inc. (NASDAQ:GFS) insider Samak Azar sold 335 shares of the stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $48.93, for a total value of $16,391.55. Following the completion of the transaction, the insider directly owned 11,809 shares of the company’s stock, valued at approximately $577,814.37. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

GlobalFoundries Trading Up 0.2%

Shares of GFS stock opened at $49.99 on Friday. GlobalFoundries Inc. has a fifty-two week low of $31.51 and a fifty-two week high of $92.55. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.87 and a current ratio of 2.59. The stock’s fifty day moving average is $72.34 and its two-hundred day moving average is $58.46. The firm has a market capitalization of $27.43 billion, a P/E ratio of 35.96, a PEG ratio of 1.77 and a beta of 1.76.

GlobalFoundries (NASDAQ:GFS) last released its 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 business had revenue of $1.63 billion during 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 company’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Research analysts expect that GlobalFoundries Inc. will post 1.38 earnings per share for the current fiscal year.

GlobalFoundries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Wednesday, June 24th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, June 24th. GlobalFoundries’s dividend payout ratio is currently 34.53%.

Hedge Funds Weigh In On GlobalFoundries

A number of institutional investors have recently bought and sold shares of the company. WealthCollab LLC grew its stake in shares of GlobalFoundries by 674.7% in the 4th 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. FNY Investment Advisers LLC acquired a new stake in shares of GlobalFoundries during the 2nd quarter worth approximately $60,000. Parallel Advisors LLC raised its position in shares of GlobalFoundries by 39.8% during the 1st 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. Covestor Ltd raised its position in shares of GlobalFoundries by 57.6% during the 4th quarter. Covestor Ltd now owns 955 shares of the company’s stock valued at $33,000 after buying an additional 349 shares during the period. Finally, Atlas Capital Advisors Inc. acquired a new position in GlobalFoundries in the fourth quarter valued at approximately $35,000.

Wall Street Analyst Weigh In

GFS has been the topic of a number of research reports. Susquehanna raised their target price on shares of GlobalFoundries to $125.00 and gave the stock a “positive” rating in a research note on Monday, May 11th. Citigroup upped their price target on GlobalFoundries from $49.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Wedbush reaffirmed a “neutral” rating and issued a $50.00 price target on shares of GlobalFoundries in a report on Monday, May 4th. Arete Research set a $95.00 price objective on GlobalFoundries in a research report on Wednesday, June 10th. Finally, Morgan Stanley boosted their price objective on GlobalFoundries from $58.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $74.62.

Trending Headlines about GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: GlobalFoundries signed a letter of intent to receive a $300 million CHIPS Act R&D award from the U.S. Department of Commerce. The funding is intended to accelerate U.S. leadership in silicon photonics, an important technology for artificial-intelligence and high-performance-computing data centers. The award strengthens GFS’s strategic position, supports domestic semiconductor capabilities and could improve long-term growth prospects. GlobalFoundries silicon photonics CHIPS award
• Positive Sentiment: Analyst commentary said the government agreement reinforces the investment case for expanding U.S. chip manufacturing and research. However, the market may already have reflected some of the benefit in GFS’s valuation. Wedbush analysis of GlobalFoundries government deal
• Neutral Sentiment: GlobalFoundries is scheduled to report second-quarter 2026 results before the market opens on August 5. Analysts are focused on whether revenue growth can lift earnings; the company has exceeded consensus EPS estimates in each of the past four quarters, providing a favorable earnings track record but also raising expectations. GlobalFoundries second-quarter earnings preview
• Neutral Sentiment: Director Samak L. Azar sold 335 shares for approximately $16,392 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was relatively small and planned in advance, it is a limited signal about management’s view of the stock, though it may add modest selling pressure. GlobalFoundries insider transaction filing

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.