GlobalFoundries Inc. $GFS Shares Purchased by Sei Investments Co.

Sei Investments Co. grew its position in shares of GlobalFoundries Inc. (NASDAQ:GFS) by 239.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 48,246 shares of the company’s stock after buying an additional 34,014 shares during the period. Sei Investments Co.’s holdings in GlobalFoundries were worth $2,146,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Bessemer Group Inc. raised its position in shares of 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 acquiring an additional 2,813,548 shares in the last quarter. HRT Financial LP bought a new position in GlobalFoundries during the fourth quarter worth $62,996,000. AQR Capital Management LLC boosted its holdings in GlobalFoundries by 168.2% in the third 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 period. Marshall Wace LLP boosted its holdings 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 during the period. Finally, UBS Group AG increased its stake in GlobalFoundries by 136.7% during the fourth quarter. UBS Group AG now owns 1,809,232 shares of the company’s stock valued at $63,178,000 after purchasing an additional 1,044,755 shares during the last quarter.

Insider Transactions at GlobalFoundries

In related news, insider Samak L. Azar sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $74.82, for a total value of $37,410.00. Following the sale, the insider directly owned 15,494 shares in the company, valued at $1,159,261.08. This trade represents a 3.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 on Wednesday, May 27th. The shares were sold at an average price of $82.88, for a total value of $232,064.00. Following the sale, the insider directly owned 9,645 shares in the company, valued at $799,377.60. The trade was a 22.50% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 18,950 shares of company stock worth $1,375,905.

Analyst Ratings Changes

A number of brokerages recently weighed in on GFS. Evercore reaffirmed an “outperform” rating and set a $85.00 price objective on shares of GlobalFoundries in a research report on Tuesday, May 19th. Arete Research set a $95.00 target price on shares of GlobalFoundries in a report on Wednesday, June 10th. Needham & Company LLC lifted their target price on GlobalFoundries from $55.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. upped their target price on GlobalFoundries from $45.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Jefferies Financial Group set a $60.00 target price on GlobalFoundries in a report on Wednesday. Eight analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, GlobalFoundries presently has a consensus rating of “Hold” and an average target price of $75.12.

GlobalFoundries Price Performance

GFS stock opened at $53.93 on Monday. The stock has a market cap of $29.59 billion, a PE ratio of 42.13, a price-to-earnings-growth ratio of 1.56 and a beta of 1.80. The firm’s 50-day simple moving average is $69.11 and its 200 day simple moving average is $58.94. GlobalFoundries Inc. has a fifty-two week low of $31.51 and a fifty-two week high of $92.55. The company has a quick ratio of 1.74, a current ratio of 2.48 and a debt-to-equity ratio of 0.13.

GlobalFoundries (NASDAQ:GFS) last posted its earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. GlobalFoundries had a net margin of 10.36% and a return on equity of 6.69%. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same period in the previous year, the business posted $0.42 EPS. GlobalFoundries’s revenue was up 5.8% on a year-over-year basis. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. As a group, sell-side analysts predict that GlobalFoundries Inc. will post 1.39 EPS for the current year.

GlobalFoundries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Wednesday, September 23rd will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 23rd. GlobalFoundries’s payout ratio is 37.50%.

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.