31,315 Shares in GlobalFoundries Inc. $GFS Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new position in shares of GlobalFoundries Inc. (NASDAQ:GFS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 31,315 shares of the company’s stock, valued at approximately $1,094,000.

Several other hedge funds have also recently modified their holdings of GFS. AQR Capital Management LLC raised its position in shares of GlobalFoundries by 168.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company’s stock worth $93,463,000 after purchasing an additional 1,635,338 shares during the last quarter. UBS Group AG boosted its position in GlobalFoundries by 136.7% during the fourth quarter. UBS Group AG now owns 1,809,232 shares of the company’s stock worth $63,178,000 after acquiring an additional 1,044,755 shares during the last quarter. Squarepoint Ops LLC boosted its position in GlobalFoundries by 137.8% during the third quarter. Squarepoint Ops LLC now owns 1,300,189 shares of the company’s stock worth $46,599,000 after acquiring an additional 753,376 shares during the last quarter. Two Sigma Investments LP boosted its position in GlobalFoundries by 1,789.3% during the third quarter. Two Sigma Investments LP now owns 657,269 shares of the company’s stock worth $23,557,000 after acquiring an additional 622,480 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in GlobalFoundries by 72.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,208,828 shares of the company’s stock worth $42,212,000 after acquiring an additional 508,046 shares during the last quarter.

GlobalFoundries Price Performance

Shares of GFS stock opened at $75.26 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.59 and a quick ratio of 1.87. The firm’s 50-day moving average is $65.23 and its two-hundred day moving average is $49.92. GlobalFoundries Inc. has a 12 month low of $31.51 and a 12 month high of $92.55. The company has a market capitalization of $41.88 billion, a PE ratio of 54.14, a price-to-earnings-growth ratio of 2.73 and a beta of 1.77.

GlobalFoundries (NASDAQ:GFS) last issued its earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, topping 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 company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the firm earned $0.34 earnings per share. GlobalFoundries’s quarterly revenue was up 3.1% compared to the same quarter last year. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Analysts predict that GlobalFoundries Inc. will post 1.38 earnings per share for the current year.

GlobalFoundries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Wednesday, June 24th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, June 24th. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%.

Insiders Place Their Bets

In other GlobalFoundries news, insider Samak L. Azar sold 500 shares of GlobalFoundries stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $59.66, for a total transaction of $29,830.00. Following the transaction, the insider directly owned 16,994 shares of the company’s stock, valued at $1,013,862.04. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael James Hogan sold 2,800 shares of GlobalFoundries stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $82.88, for a total transaction of $232,064.00. Following the transaction, the insider directly owned 9,645 shares in the company, valued at $799,377.60. This trade represents a 22.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 20,505 shares of company stock valued at $1,222,334 over the last ninety days.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Dbs Bank lowered shares of GlobalFoundries from a “moderate buy” rating to a “hold” rating in a research report on Friday, February 13th. Morgan Stanley boosted their price target on shares of GlobalFoundries from $58.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. The Goldman Sachs Group restated a “neutral” rating and set a $70.00 price target on shares of GlobalFoundries in a research report on Tuesday, May 5th. Susquehanna boosted their price target on shares of GlobalFoundries to $125.00 and gave the stock a “positive” rating in a research report on Monday, May 11th. Finally, Cantor Fitzgerald upgraded shares of GlobalFoundries from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $50.00 to $80.00 in a research report on Monday, May 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, GlobalFoundries currently has an average rating of “Hold” and a consensus price target of $69.88.

GlobalFoundries 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.