<div id="readability-page-1"><p>GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Samak Azar sold 500 shares of the business's stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $72.19, for a total transaction of $36,095.00. Following the sale, the insider directly owned 15,994 shares of the company's stock, valued at approximately $1,154,606.86. The trade was a 3.03% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.</p><div><p><span></span><span>Get <strong>GlobalFoundries</strong> alerts:</span></p></div><h2>GlobalFoundries Stock Performance</h2><ul><li>3 Stocks Trump Could Back Next as USA Rare Earths Revives the Federal Catalyst Trade</li></ul><p>Shares of GFS stock traded up $0.67 during mid-day trading on Monday, reaching $74.79. 2,395,919 shares of the company's stock traded hands, compared to its average volume of 4,141,046. GlobalFoundries Inc. has a 12 month low of $31.51 and a 12 month high of $76.98. The firm has a 50 day moving average price of $50.25 and a two-hundred day moving average price of $42.88. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.87 and a current ratio of 2.59. The firm has a market capitalization of $41.62 billion, a PE ratio of 53.84, a price-to-earnings-growth ratio of 2.90 and a beta of 1.71. </p><p>GlobalFoundries (NASDAQ:GFS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.05. GlobalFoundries had a net margin of 11.40% and a return on equity of 6.85%. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous year, the firm posted $0.34 EPS. The company's revenue for the quarter was up 3.1% compared to the same quarter last year. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS.  On average, research analysts forecast that  GlobalFoundries Inc. will post 1.38 EPS for the current year. </p><h2>GlobalFoundries Announces Dividend</h2><ul><li>Why GlobalFoundries Just Became a Geopolitical Power Play</li></ul><p>The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Wednesday, June 24th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, June 24th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.6%. </p><h2>Analysts Set New Price Targets</h2><p>A number of research analysts recently weighed in on the stock. Jefferies Financial Group  restated a &#34;hold&#34; rating and set a $65.00 target price on shares of GlobalFoundries in a research note on Wednesday, May 6th. Susquehanna  reiterated a &#34;positive&#34; rating and issued a $125.00 price target on shares of GlobalFoundries in a research note on Monday. TD Cowen  reiterated a &#34;buy&#34; rating on shares of GlobalFoundries in a research note on Thursday, February 12th. Dbs Bank cut shares of GlobalFoundries from a &#34;moderate buy&#34; rating to a &#34;hold&#34; rating in a research note on Friday, February 13th. Finally, UBS Group boosted their price target on shares of GlobalFoundries from $65.00 to $77.00 and gave the stock a &#34;neutral&#34; rating in a research note on Wednesday, May 6th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one  has assigned  a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of &#34;Hold&#34; and a consensus target price of $67.53.</p><ul><li>GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?</li></ul><p><b>Read Our Latest Stock Analysis on GFS</b></p><h2>Institutional Trading of GlobalFoundries</h2><p>Several hedge funds have recently made changes to their positions in GFS. Invesco Ltd. grew its holdings in  GlobalFoundries by 7.9% during the 3rd quarter. Invesco Ltd. now owns 2,962,385 shares of the company's stock valued at $106,172,000 after purchasing an additional 217,866 shares during the last quarter.  AQR Capital Management LLC grew its holdings in  GlobalFoundries by 9.9% during the 4th quarter. AQR Capital Management LLC now owns 2,865,046 shares of the company's stock valued at $100,047,000 after purchasing an additional 257,254 shares during the last quarter.  Bessemer Group Inc. grew its holdings in  GlobalFoundries by 8,275,141.2% during the 1st 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 last quarter.  First Trust Advisors LP grew its holdings in  GlobalFoundries by 15.2% during the 3rd 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 last quarter.  Finally, Marshall Wace LLP grew its holdings in  GlobalFoundries by 126.0% during the 4th quarter. Marshall Wace LLP now owns 2,382,003 shares of the company's stock valued at $83,180,000 after purchasing an additional 1,328,129 shares during the last quarter. </p><h2>GlobalFoundries Company Profile</h2> (Get Free Report)<p>GlobalFoundries, Inc <span>NASDAQ: GFS<span></span></span> 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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than GlobalFoundries</li><li>Before the Moon Base Gets Built, These 4 Companies Win</li><li>Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases</li><li>3 Stocks That Win If Inflation Surprises to the Downside</li><li>MercadoLibre Boldly Invests in Growth: Discount Deepens</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0ZT?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0ZT"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in GlobalFoundries Right Now?</h2><p>Before you consider GlobalFoundries, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GlobalFoundries wasn't on the list.</p><p>While GlobalFoundries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SOXX

<p>Samak Azar, an insider at GlobalFoundries Inc. (NASDAQ:GFS), sold 500 shares at an average price of $72.19, totaling $36,095. This sale reduced his holdings by 3.03%, leaving him with 15,994 shares valued at approximately $1.15 million. The transaction was made under a Rule 10b5-1 trading plan and disclosed to the SEC. GlobalFoundries recently reported a quarterly EPS of $0.40, exceeding estimates, and announced a dividend of $0.12 per share, payable on July 14th. Analysts have mixed ratings on the stock, with a consensus target price of $67.53.</p>

Samak Azar Sells 500 Shares of GlobalFoundries (NASDAQ:GFS) Stock