GlobalFoundries Inc. $GFS Shares Sold by Tidal Investments LLC

Tidal Investments LLC reduced its position in shares of GlobalFoundries Inc. (NASDAQ:GFS) by 88.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 14,246 shares of the company’s stock after selling 106,927 shares during the period. Tidal Investments LLC’s holdings in GlobalFoundries were worth $1,174,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Covestor Ltd raised its stake in GlobalFoundries by 57.6% in the fourth quarter. Covestor Ltd now owns 955 shares of the company’s stock valued at $33,000 after buying an additional 349 shares in the last quarter. Strategic Advocates LLC increased its holdings in shares of GlobalFoundries by 95.1% in the 4th quarter. Strategic Advocates LLC now owns 1,026 shares of the company’s stock valued at $37,000 after acquiring an additional 500 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of GlobalFoundries by 39.8% in the 1st quarter. Parallel Advisors LLC now owns 832 shares of the company’s stock valued at $37,000 after acquiring an additional 237 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in shares of GlobalFoundries during the 1st quarter worth about $53,000. Finally, Banque Cantonale Vaudoise raised its position in shares of GlobalFoundries by 77.3% during the 4th quarter. Banque Cantonale Vaudoise now owns 1,562 shares of the company’s stock worth $55,000 after acquiring an additional 681 shares in the last quarter.

Insiders Place Their Bets

In other news, Director Glenda Dorchak sold 4,000 shares of the stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $58.22, for a total transaction of $232,880.00. Following the completion of the transaction, the director directly owned 14,867 shares of the company’s stock, valued at approximately $865,556.74. This represents a 21.20% decrease in their position. The sale 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. Also, insider Michael Hogan sold 2,800 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $83.53, for a total value of $233,884.00. Following the completion of the sale, the insider directly owned 3,745 shares of the company’s stock, valued at $312,819.85. This represents a 42.78% 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. Over the last 90 days, insiders have sold 19,945 shares of company stock worth $1,199,691.

GlobalFoundries Stock Up 4.3%

GFS stock opened at $47.82 on Friday. The stock has a market capitalization of $26.24 billion, a PE ratio of 37.36, a price-to-earnings-growth ratio of 1.45 and a beta of 1.78. The company has a fifty day moving average of $50.12 and a 200-day moving average of $59.21. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.74 and a current ratio of 2.48. GlobalFoundries Inc. has a one year low of $32.02 and a one year high of $92.55.

GlobalFoundries (NASDAQ:GFS) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. The business 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 business’s revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.42 earnings per share. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. As a group, analysts expect that GlobalFoundries Inc. will post 1.48 EPS for the current year.

GlobalFoundries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Wednesday, September 23rd will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, September 23rd. This represents a $0.48 annualized dividend and a yield of 1.0%. GlobalFoundries’s payout ratio is presently 37.50%.

Analyst Ratings Changes

A number of brokerages recently issued reports on GFS. Morgan Stanley reaffirmed a “negative” rating and issued a $60.00 price target on shares of GlobalFoundries in a report on Thursday, August 6th. UBS Group reduced their price objective on shares of GlobalFoundries from $61.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Stifel Nicolaus assumed coverage on shares of GlobalFoundries in a report on Tuesday, September 1st. They issued a “buy” rating and a $60.00 target price for the company. Cantor Fitzgerald restated an “overweight” rating on shares of GlobalFoundries in a report on Tuesday, September 8th. Finally, Arete Research set a $95.00 target price on shares of GlobalFoundries in a research report on Wednesday, June 10th. Nine equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, GlobalFoundries presently has a consensus rating of “Hold” and an average target price of $74.32.

Key Headlines Impacting GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: Expanded Marvell capacity agreement strengthens AI exposure. The deal positions GlobalFoundries to benefit from rising demand for optical connectivity as AI workloads increase data-center networking requirements. However, the companies did not disclose specific financial terms, so the near-term earnings impact remains unclear. Reuters article on the GlobalFoundries and Marvell capacity agreement
• Positive Sentiment: Potential U.S. fab role could create another strategic growth opportunity. Reports indicate GlobalFoundries could operate a U.S. chip plant supported by Japan-U.S. investment. The arrangement could improve its access to government-backed semiconductor spending, although the report remains unconfirmed and details are limited. Yahoo Finance report on a potential Japan-backed U.S. chip plant
• Positive Sentiment: Options activity suggests increased speculative interest. Investors purchased 12,944 GFS call options, 78% above the average daily volume, indicating some traders are positioning for potential upside.
• Neutral Sentiment: Insider selling was limited and conducted under a preset plan. Director Samak Azar sold 335 shares worth approximately $15,031, reducing ownership by 3.42%. Because the transaction occurred under a Rule 10b5-1 plan and was small relative to the remaining stake, it is not a strong standalone bearish signal. SEC insider transaction filing

GlobalFoundries Company Profile

GlobalFoundries Inc (NASDAQ:GFS) is a global semiconductor manufacturer that provides contract chip production and related services to technology companies. Unlike a fabless semiconductor company, GlobalFoundries operates its own fabrication facilities and manufactures chips designed by other companies across a range of end markets.

The company specializes in differentiated semiconductor technologies, including radio-frequency and connectivity solutions, embedded memory, power management, silicon photonics, gallium nitride and other specialty processes.