GlobalFoundries Inc. $GFS Shares Sold by Tidal Investments LLC

Key Points

• Tidal Investments cut its GlobalFoundries position by 88.2% in the second quarter, selling 106,927 shares and retaining 14,246 shares valued at approximately $1.17 million.
• GlobalFoundries exceeded quarterly earnings expectations, reporting $0.46 in EPS and $1.79 billion in revenue, while guiding for third-quarter EPS of $0.46–$0.56.
• The company declared a quarterly dividend of $0.12 per share, equivalent to an annualized $0.48 payout and a 1.0% yield; analysts maintain a consensus “Hold” rating with an average price target of $74.32.

Tidal Investments LLC reduced its position in shares of GlobalFoundries Inc. (NASDAQ:GFS - Free Report) by 88.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. WINTON GROUP Ltd purchased a new stake in shares of GlobalFoundries in the 2nd quarter valued at approximately $363,000. NewEdge Advisors LLC grew its position in GlobalFoundries by 3,658.5% in the second quarter. NewEdge Advisors LLC now owns 4,886 shares of the company's stock worth $403,000 after acquiring an additional 4,756 shares during the period. Waverly Advisors LLC acquired a new stake in GlobalFoundries during the second quarter worth $222,000. Carmignac Gestion acquired a new stake in GlobalFoundries during the second quarter worth $471,000. Finally, Corient Private Wealth LP purchased a new stake in GlobalFoundries in the second quarter valued at $1,371,000.

More GlobalFoundries News

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 Stock Up 4.3%

Shares of NASDAQ:GFS opened at $47.82 on Friday. The firm 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. GlobalFoundries Inc. has a 1 year low of $32.02 and a 1 year high of $92.55. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.48 and a quick ratio of 1.74. The firm's 50-day moving average is $50.12 and its two-hundred day moving average is $59.21.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. GlobalFoundries had a net margin of 10.36% and a return on equity of 6.69%. The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the firm posted $0.42 earnings per share. The business's revenue for the quarter was up 5.8% compared to the same quarter last year. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. Analysts predict that GlobalFoundries Inc. will post 1.48 EPS for the current year.

GlobalFoundries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Wednesday, September 23rd will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.0%. GlobalFoundries's dividend payout ratio is currently 37.50%.

Insider Buying and Selling

In other news, insider Pradheepa Raman sold 6,760 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $51.12, for a total value of $345,571.20. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Hogan sold 500 shares of GlobalFoundries stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $70.90, for a total value of $35,450.00. Following the completion of the transaction, the insider owned 795 shares of the company's stock, valued at approximately $56,365.50. This trade represents a 38.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 19,945 shares of company stock worth $1,199,691 over the last ninety days.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on GFS shares. Cantor Fitzgerald reiterated an "overweight" rating on shares of GlobalFoundries in a report on Tuesday, September 8th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of GlobalFoundries in a research report on Wednesday, August 26th. UBS Group lowered their target price on shares of GlobalFoundries from $61.00 to $55.00 and set a "neutral" rating for the company in a research note on Thursday, August 6th. Morgan Stanley reiterated a "negative" rating and set a $60.00 price target on shares of GlobalFoundries in a research report on Thursday, August 6th. Finally, Jefferies Financial Group set a $60.00 price target on shares of GlobalFoundries in a research note on Wednesday, August 5th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $74.32.

About GlobalFoundries

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.

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