Insider Selling: GlobalFoundries (NASDAQ:GFS) Insider Sells 500 Shares of Stock

Key Points

• Insider selling: GlobalFoundries insider Michael James Hogan sold 500 shares on May 5 at an average price of $70 under a pre‑arranged Rule 10b5‑1 plan, part of a string of sales over the past six months that reduced his position by 3.15%.
• Positive company developments: GF beat Q1 EPS estimates ($0.40 vs. $0.35), provided Q2 2026 guidance of $0.25–$0.35, launched the SCALE AI photonics platform, and its board approved an inaugural $0.12 quarterly dividend with a capital‑allocation framework targeting up to 50% of trailing FCF for returns.
• Mixed market view: Shares traded near $71.13 with a consensus analyst rating of "Hold" and an average target of $66.06, while several firms have raised price targets and some analysts retain "Buy" convictions amid active institutional repositioning.

GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 500 shares of GlobalFoundries stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $70.00, for a total transaction of $35,000.00. Following the sale, the insider owned 15,395 shares in the company, valued at approximately $1,077,650. The trade was a 3.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 29th, Michael James Hogan sold 2,300 shares of GlobalFoundries stock. The stock was sold at an average price of $60.69, for a total transaction of $139,587.00.
• On Monday, April 20th, Michael James Hogan sold 500 shares of GlobalFoundries stock. The stock was 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 stock was 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 Price Performance

Shares of GlobalFoundries stock traded down $1.17 during trading on Thursday, reaching $71.13. 6,576,239 shares of the stock traded hands, compared to its average volume of 4,108,279. GlobalFoundries Inc. has a 52-week low of $31.51 and a 52-week high of $76.37. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.62 and a quick ratio of 1.95. The business has a fifty day simple moving average of $49.79 and a two-hundred day simple moving average of $42.63. The company has a market capitalization of $39.58 billion, a price-to-earnings ratio of 51.13, a P/E/G ratio of 2.92 and a beta of 1.71.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.05. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.63 billion. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The firm's revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Sell-side analysts expect that GlobalFoundries Inc. will post 1.37 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on GFS shares. Dbs Bank lowered shares of GlobalFoundries from a "moderate buy" rating to a "hold" rating in a report on Friday, February 13th. UBS Group upped their price target on shares of GlobalFoundries from $65.00 to $77.00 and gave the company a "neutral" rating in a research note on Wednesday. TD Cowen reissued a "buy" rating on shares of GlobalFoundries in a research note on Thursday, February 12th. Needham & Company LLC boosted their target price on shares of GlobalFoundries from $55.00 to $80.00 and gave the stock a "buy" rating in a report on Tuesday. Finally, Cantor Fitzgerald upgraded shares of GlobalFoundries from a "neutral" rating to an "overweight" rating and upped their target price for the company from $50.00 to $80.00 in a research report on Monday. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, GlobalFoundries currently has a consensus rating of "Hold" and an average target price of $66.06.

Hedge Funds Weigh In On GlobalFoundries

Several large investors have recently modified their holdings of the stock. Invesco Ltd. grew its stake in GlobalFoundries by 7.9% in the 3rd quarter. Invesco Ltd. now owns 2,962,385 shares of the company's stock worth $106,172,000 after acquiring an additional 217,866 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of GlobalFoundries by 9.9% during the fourth quarter. AQR Capital Management LLC now owns 2,865,046 shares of the company's stock valued at $100,047,000 after acquiring an additional 257,254 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of GlobalFoundries by 8,275,141.2% in the first quarter. Bessemer Group Inc. now owns 2,813,582 shares of the company's stock valued at $125,147,000 after purchasing an additional 2,813,548 shares during the period. First Trust Advisors LP boosted its holdings in shares of GlobalFoundries by 15.2% in the third quarter. First Trust Advisors LP now owns 2,659,454 shares of the company's stock valued at $95,315,000 after purchasing an additional 350,743 shares during the period. Finally, Marshall Wace LLP grew its stake in GlobalFoundries by 126.0% in the fourth quarter. Marshall Wace LLP now owns 2,382,003 shares of the company's stock worth $83,180,000 after purchasing an additional 1,328,129 shares in the last quarter.

Key GlobalFoundries News

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: Board approved GF’s first-ever quarterly dividend of $0.12 per share and a capital-allocation framework targeting returns of up to 50% of trailing 12‑month adjusted free cash flow via dividends and buybacks — a clear shareholder‑friendly move that supports valuation. GlobalFoundries Announces Inaugural Dividend and Growth Strategies at 2026 Investor Day
• Positive Sentiment: Q1 results beat EPS estimates and management raised/issued a constructive Q2 outlook; GF also launched SCALE AI photonics platform and highlighted AI‑centric demand — fundamentals and product news that support revenue/ margin expansion expectations. GlobalFoundries rises after Q2 outlook beat GLOBALFOUNDRIES (GFS) Is Up 12.3% After Launching SCALE AI Photonics Platform And Q1 2026 Results – Has The Bull Case Changed?
• Positive Sentiment: Several firms raised ratings and price targets (notably Susquehanna upgraded to Positive with a $100 PT and Needham raised its PT to $80), adding buy‑side momentum and coverage conviction. GlobalFoundries NASDAQ: GFS Upgraded by Susquehanna to Positive Rating Needham & Company LLC Boosts GlobalFoundries NASDAQ: GFS Price Target to $80.00
• Neutral Sentiment: Institutional flows are mixed — many funds both added and reduced positions in recent filings — implying active repositioning rather than unanimous conviction. (Quiver/filings cited in Investor Day materials.)
• Negative Sentiment: Material insider selling has been reported (multiple insiders sold shares over the past six months), which investors often view as a cautionary signal even if it’s not proof of company issues. GlobalFoundries Announces Inaugural Dividend and Growth Strategies at 2026 Investor Day
• Negative Sentiment: Management emphasized forward‑looking risks (geopolitical tensions, supply/operational disruptions, and dependence on policy funding) — these remain downside catalysts if execution or external conditions deteriorate.
• Negative Sentiment: Some investors may read the dividend as a shift toward returning cash rather than prioritizing aggressive capex/reinvestment, which could concern growth‑oriented holders if AI demand requires heavy capital intensity.

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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