GlobalFoundries (NASDAQ:GFS) Director Sells $233,840.00 in Stock

GlobalFoundries Inc. (NASDAQ:GFS) Director Glenda Dorchak sold 4,000 shares of the company’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $58.46, for a total value of $233,840.00. Following the completion of the transaction, the director owned 18,867 shares of the company’s stock, valued at $1,102,964.82. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

GlobalFoundries Stock Performance

GFS traded up $1.03 during trading on Wednesday, reaching $60.27. 1,859,998 shares of the company’s stock were exchanged, compared to its average volume of 3,956,036. GlobalFoundries Inc. has a fifty-two week low of $31.51 and a fifty-two week high of $60.98. The company has a quick ratio of 1.95, a current ratio of 2.62 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $46.80 and a 200 day moving average price of $40.78. The company has a market capitalization of $33.54 billion, a P/E ratio of 37.81, a PEG ratio of 2.32 and a beta of 1.46.

GlobalFoundries (NASDAQ:GFS) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.08. The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.80 billion. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.86%. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.46 EPS. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. As a group, analysts predict that GlobalFoundries Inc. will post 1.37 earnings per share for the current fiscal year.

Analysts Set New Price Targets

GFS has been the subject of several recent research reports. Susquehanna reissued a “neutral” rating and issued a $50.00 price target on shares of GlobalFoundries in a research report on Thursday, February 12th. Wedbush lifted their price objective on GlobalFoundries from $40.00 to $50.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Zacks Research upgraded GlobalFoundries from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Weiss Ratings raised GlobalFoundries from a “sell (d)” rating to a “hold (c)” rating in a report on Monday, March 2nd. Finally, Citigroup raised their target price on GlobalFoundries from $42.00 to $49.00 and gave the stock a “neutral” rating in a research report on Thursday, February 12th. Six investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, GlobalFoundries currently has a consensus rating of “Hold” and an average target price of $46.13.

Institutional Trading of GlobalFoundries

Several large investors have recently added to or reduced their stakes in GFS. Royal Bank of Canada grew its stake in GlobalFoundries by 4.4% during the first quarter. Royal Bank of Canada now owns 15,583 shares of the company’s stock worth $575,000 after buying an additional 660 shares during the last quarter. AQR Capital Management LLC grew its stake in GlobalFoundries by 77.6% during the first quarter. AQR Capital Management LLC now owns 102,048 shares of the company’s stock worth $3,679,000 after buying an additional 44,599 shares during the last quarter. Jones Financial Companies Lllp grew its stake in GlobalFoundries by 7,120.1% during the first quarter. Jones Financial Companies Lllp now owns 12,202 shares of the company’s stock worth $450,000 after buying an additional 12,033 shares during the last quarter. American Century Companies Inc. grew its stake in GlobalFoundries by 3.4% during the second quarter. American Century Companies Inc. now owns 27,606 shares of the company’s stock worth $1,055,000 after buying an additional 903 shares during the last quarter. Finally, M&T Bank Corp bought a new stake in GlobalFoundries during the second quarter worth about $269,000.

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.