GlobalFoundries (NASDAQ:GFS) Insider Sells $86,958.00 in Stock

Key Points

• Insider sale: Michael James Hogan sold 1,800 GlobalFoundries shares on April 15 at $48.31 for $86,958 under a pre-arranged Rule 10b5-1 plan, trimming his stake by 8.66% to 18,995 shares (~$917,648); this was his third recent sale (also sold 1,800 shares on March 18 and April 1), totaling 5,400 shares (~$245,880).
• Company performance and outlook: GlobalFoundries beat quarterly estimates (EPS $0.55 vs. $0.47, revenue $1.83B vs. $1.80B), set Q1 2026 guidance of $0.30–$0.40, trades near its one-year high (~$53.94), and carries a consensus analyst rating of Hold with a $46.13 target.

GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 1,800 shares of the business's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $48.31, for a total value of $86,958.00. Following the sale, the insider owned 18,995 shares of the company's stock, valued at approximately $917,648.45. This represents a 8.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 value 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 value of $77,850.00.

GlobalFoundries Stock Performance

Shares of GlobalFoundries stock traded up $3.55 during trading hours on Friday, reaching $53.94. 3,420,373 shares of the stock traded hands, compared to its average volume of 3,871,425. The company has a 50 day moving average price of $45.91 and a 200 day moving average price of $40.25. The firm has a market capitalization of $30.01 billion, a price-to-earnings ratio of 34.01, a P/E/G ratio of 1.91 and a beta of 1.46. GlobalFoundries Inc. has a one year low of $30.73 and a one year high of $54.98. The company has a quick ratio of 1.95, a current ratio of 2.62 and a debt-to-equity ratio of 0.13.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.08. GlobalFoundries had a return on equity of 6.86% and a net margin of 13.05%.The firm had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.80 billion. During the same period in the previous year, the firm earned $0.46 EPS. The business'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, equities research analysts expect that GlobalFoundries Inc. will post 1.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on GFS. Citigroup lifted their price objective on GlobalFoundries from $42.00 to $49.00 and gave the company a "neutral" rating in a research report on Thursday, February 12th. Weiss Ratings raised GlobalFoundries from a "sell (d)" rating to a "hold (c)" rating in a research report on Monday, March 2nd. TD Cowen reaffirmed a "buy" rating on shares of GlobalFoundries in a research report on Thursday, February 12th. Morgan Stanley set a $43.00 price objective on GlobalFoundries in a research report on Monday, February 9th. Finally, Needham & Company LLC boosted their price target on GlobalFoundries from $42.00 to $55.00 and gave the stock a "buy" rating in a 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's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $46.13.

Institutional Trading of GlobalFoundries

A number of large investors have recently added to or reduced their stakes in GFS. Royal Bank of Canada increased its stake in GlobalFoundries by 4.4% in the 1st quarter. Royal Bank of Canada now owns 15,583 shares of the company's stock worth $575,000 after acquiring an additional 660 shares during the last quarter. AQR Capital Management LLC increased its position in shares of GlobalFoundries by 77.6% during the 1st quarter. AQR Capital Management LLC now owns 102,048 shares of the company's stock valued at $3,679,000 after purchasing an additional 44,599 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of GlobalFoundries by 7,120.1% during the 1st quarter. Jones Financial Companies Lllp now owns 12,202 shares of the company's stock valued at $450,000 after purchasing an additional 12,033 shares during the last quarter. American Century Companies Inc. increased its position in shares of GlobalFoundries by 3.4% during the 2nd quarter. American Century Companies Inc. now owns 27,606 shares of the company's stock valued at $1,055,000 after purchasing an additional 903 shares during the last quarter. Finally, M&T Bank Corp bought a new position in shares of GlobalFoundries during the 2nd quarter valued at approximately $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.

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