GLOBALFOUNDRIES (GFS) CLO Samak Azar Sells $29K of Stock

Samak Azar, the Chief Legal Officer at GLOBALFOUNDRIES Inc., recently sold 335 shares of the company. This transaction, which took place on June 25, 2026, was executed at an average price of $87.02 per share, amounting to a total value of $29,151.70. The sale was part of a prearranged trading plan.

Insider Buying and Selling at GLOBALFOUNDRIES Inc.

Azar's recent activity is part of a series of planned sales. On June 18, 2026, he sold another 335 shares at $83.35 each, and earlier on June 11, he sold the same amount at $77.00. Meanwhile, Michael James Hogan, the Chief Strategy Officer, sold 2,800 shares at $83.53 on June 24, 2026, also under a planned transaction.

Other Institutional Activity in GLOBALFOUNDRIES

Mubadala Investment Co PJSC reduced its holdings in GLOBALFOUNDRIES by 27,344,840 shares, leaving it with 423,042,773 shares valued at approximately $18.82 billion. In contrast, FMR LLC increased its stake by 8,595,583 shares, now holding 64,058,166 shares worth about $2.85 billion. JPMorgan Chase & Co significantly boosted its position by 4,685,244 shares, ending with 5,067,930 shares valued at $209.71 million. Marshall Wace, LLP also increased its stake by 2,669,645 shares, now holding 5,051,648 shares worth approximately $224.70 million. Morgan Stanley added 2,997,792 shares, bringing its total to 4,636,692 shares valued at $206.24 million.

GLOBALFOUNDRIES Inc. Stock Up 65.5%

As of Tuesday, shares of NasdaqGS:GFS traded around $81.00. GLOBALFOUNDRIES has a market capitalization of $43.78 billion and a P/E ratio of 51.14. Its beta stands at 1.767, indicating higher volatility compared to the market. The stock's 52-week range is between $31.51 and $92.55, with a 50-day moving average of $74.05 and a 200-day moving average of $48.17. The company's current ratio is 2.592, and its quick ratio is 1.839, with a debt-to-equity ratio of 14.675.

Analysts Set New Price Targets

On May 19, 2026, Evercore ISI Group maintained its 'buy' rating on GLOBALFOUNDRIES with a price target of $85.00. Susquehanna also maintained a 'buy' rating on May 11, 2026, setting a higher target of $125.00. Other firms like UBS, JP Morgan, and Citigroup kept their 'hold' ratings with targets ranging from $65.00 to $77.00. The consensus rating is 'buy', with an average price target of $81.00 based on 21 analyst opinions.

About GLOBALFOUNDRIES Inc.

GLOBALFOUNDRIES Inc. is a leading semiconductor foundry headquartered in Malta, New York. The company provides a wide range of wafer fabrication services and technologies, including microprocessors and mobile application processors, across the globe. With around 14,000 employees, GLOBALFOUNDRIES also offers quantum technology solutions and has a strategic partnership with the U.S. Department of Energy. Its CEO, Dr. Thomas H. Caulfield, leads the company in the technology sector, specifically in semiconductors.

Bottom Line

The recent insider sales at GLOBALFOUNDRIES Inc. are part of planned transactions, not necessarily indicative of future performance. The stock remains a point of interest for investors due to its significant market presence and analyst ratings. As always, it's important to remember that 13F filings and insider transactions are backward-looking and may not reflect current positions.