GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 500 Shares

Posted by Jessica Moore on Jul 11th, 2026

GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) insider Michael James Hogan sold 500 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $70.90, for a total value of $35,450.00. Following the transaction, the insider directly owned 795 shares in the company, valued at approximately $56,365.50. This represents a 38.61% decrease in their position. 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.

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

On Wednesday, July 8th, Michael James Hogan sold 2,200 shares of GlobalFoundries stock. The stock was sold at an average price of $65.90, for a total value of $144,980.00.
On Wednesday, June 24th, Michael James Hogan sold 2,800 shares of GlobalFoundries stock. The shares were sold at an average price of $83.53, for a total value of $233,884.00.
On Wednesday, June 10th, Michael James Hogan sold 2,800 shares of GlobalFoundries stock. The shares were sold at an average price of $75.17, for a total value of $210,476.00.
On Wednesday, May 27th, Michael James Hogan sold 2,800 shares of GlobalFoundries stock. The stock was sold at an average price of $82.88, for a total value of $232,064.00.
On Tuesday, May 5th, Michael James Hogan sold 500 shares of GlobalFoundries stock. The stock was sold at an average price of $70.00, for a total value of $35,000.00.
On Wednesday, April 29th, Michael James Hogan sold 2,300 shares of GlobalFoundries stock. The shares were sold at an average price of $60.69, for a total value of $139,587.00.
On Monday, April 20th, Michael James Hogan sold 500 shares of GlobalFoundries stock. The shares were 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 stock was sold at an average price of $48.31, for a total transaction of $86,958.00.

GlobalFoundries Trading Down 1.1%

Shares of GFS stock traded down $0.74 during trading hours on Friday, hitting $68.97. 1,378,144 shares of the company were exchanged, compared to its average volume of 2,730,676. The firm has a fifty day moving average of $77.47 and a 200 day moving average of $56.47. The company has a quick ratio of 1.87, a current ratio of 2.59 and a debt-to-equity ratio of 0.13. GlobalFoundries Inc. has a 1 year low of $31.51 and a 1 year high of $92.55. The firm has a market cap of $37.84 billion, a PE ratio of 49.62, a PEG ratio of 2.46 and a beta of 1.76.

GlobalFoundries (NASDAQ:GFS – Get Free Report) last released its earnings results 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 period in the previous year, the firm earned $0.34 earnings per share. GlobalFoundries’s 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 expect that GlobalFoundries Inc. will post 1.38 earnings per share for the current year.

GlobalFoundries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders 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 annualized dividend and a dividend yield of 0.7%. GlobalFoundries’s payout ratio is currently 34.53%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on GFS. Morgan Stanley increased their target price on GlobalFoundries from $58.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Arete Research set a $95.00 price target on GlobalFoundries in a research note on Wednesday, June 10th. Needham & Company LLC raised their price objective on GlobalFoundries from $55.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. UBS Group lifted their price objective on GlobalFoundries from $65.00 to $77.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Cantor Fitzgerald upgraded GlobalFoundries from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $50.00 to $80.00 in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $74.62.

Check Out Our Latest Research Report on GFS

Institutional Trading of GlobalFoundries

Institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. increased its holdings in GlobalFoundries by 8.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,954 shares of the company’s stock valued at $87,000 after purchasing an additional 154 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of GlobalFoundries by 39.8% in the first quarter. Parallel Advisors LLC now owns 832 shares of the company’s stock worth $37,000 after buying an additional 237 shares during the period. Vident Advisory LLC boosted its position in shares of GlobalFoundries by 5.0% in the fourth quarter. Vident Advisory LLC now owns 6,160 shares of the company’s stock worth $215,000 after buying an additional 293 shares during the period. Federation des caisses Desjardins du Quebec grew its stake in shares of GlobalFoundries by 9.3% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,575 shares of the company’s stock valued at $125,000 after buying an additional 305 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of GlobalFoundries by 3.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,744 shares of the company’s stock valued at $372,000 after buying an additional 324 shares during the period.

About GlobalFoundries

(Get Free Report)

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.