GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 2,300 Shares

Key Points

• Michael James Hogan sold 2,300 GFS shares on April 29 at an average price of $60.69 for $139,587, leaving him with 16,045 shares (a 12.54% reduction); the trade was executed under a pre‑arranged Rule 10b5‑1 plan.
• Hogan has executed multiple recent disposals — 8,200 shares sold across five transactions since March 18 (prices ranged roughly $43.25–$60.69) — indicating ongoing selling activity.
• GlobalFoundries recently beat quarterly EPS estimates ($0.55 vs. $0.47), set Q1 2026 guidance of $0.30–$0.40, and its stock is trading near a 52‑week high (~$64.74) while analysts show an average rating of Hold with a $46.13 average price target.

GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 2,300 shares of the business's stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $60.69, for a total transaction of $139,587.00. Following the sale, the insider owned 16,045 shares in the company, valued at $973,771.05. This represents a 12.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michael James Hogan also recently made the following trade(s):

• On Monday, April 20th, Michael James Hogan sold 500 shares of GlobalFoundries stock. The shares were sold at an average price of $60.00, for a total transaction of $30,000.00.
• On Wednesday, April 15th, Michael James Hogan sold 1,800 shares of GlobalFoundries stock. The shares were sold at an average price of $48.31, for a total transaction of $86,958.00.
• On Wednesday, April 1st, Michael James Hogan sold 1,800 shares of GlobalFoundries stock. The shares were sold at an average price of $45.04, for a total transaction of $81,072.00.
• On Wednesday, March 18th, Michael James Hogan sold 1,800 shares of GlobalFoundries stock. The shares were sold at an average price of $43.25, for a total transaction of $77,850.00.

GlobalFoundries Stock Up 0.2%

GlobalFoundries stock traded up $0.14 during trading hours on Friday, hitting $64.74. The company had a trading volume of 1,342,616 shares, compared to its average volume of 3,943,312. The firm's fifty day moving average is $48.71 and its 200-day moving average is $41.99. GlobalFoundries Inc. has a fifty-two week low of $31.51 and a fifty-two week high of $65.05. The firm has a market capitalization of $36.02 billion, a P/E ratio of 40.72, a price-to-earnings-growth ratio of 2.48 and a beta of 1.46. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.62 and a quick ratio of 1.95.

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. UBS Group set a $50.00 price target on shares of GlobalFoundries in a research note on Thursday, February 12th. Robert W. Baird upped their price objective on shares of GlobalFoundries from $40.00 to $60.00 and gave the stock an "outperform" rating in a report on Thursday, February 12th. Zacks Research raised shares of GlobalFoundries from a "strong sell" rating to a "hold" rating in a report on Friday, January 30th. Wedbush upped their price objective on shares of GlobalFoundries from $40.00 to $50.00 and gave the stock a "neutral" rating in a report on Thursday, February 12th. Finally, The Goldman Sachs Group upped their price objective on shares of GlobalFoundries from $40.00 to $46.00 and gave the stock a "neutral" rating in a report on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $46.13.

Institutional Trading of GlobalFoundries

A number of hedge funds have recently bought and sold shares of the stock. WealthCollab LLC lifted its holdings in shares of GlobalFoundries by 674.7% during the 4th quarter. WealthCollab LLC now owns 705 shares of the company's stock worth $25,000 after acquiring an additional 614 shares during the period. True Wealth Design LLC lifted its holdings in shares of GlobalFoundries by 216.7% during the 4th quarter. True Wealth Design LLC now owns 795 shares of the company's stock worth $28,000 after acquiring an additional 544 shares during the period. Clearstead Advisors LLC lifted its holdings in shares of GlobalFoundries by 91.9% during the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company's stock worth $29,000 after acquiring an additional 387 shares during the period. First Horizon Corp bought a new position in shares of GlobalFoundries during the 3rd quarter worth about $33,000. Finally, Covestor Ltd lifted its holdings in shares of GlobalFoundries by 57.6% during the 4th quarter. Covestor Ltd now owns 955 shares of the company's stock worth $33,000 after acquiring an additional 349 shares during the period.

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.

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