Volterra Technologies LP Purchases Shares of 10,884 GlobalFoundries Inc. $GFS

Volterra Technologies LP acquired a new position in shares of GlobalFoundries Inc. (NASDAQ:GFS) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,884 shares of the company’s stock, valued at approximately $484,000.

Several other hedge funds have also recently bought and sold shares of the stock. Invesco Ltd. boosted its holdings in shares of GlobalFoundries by 7.9% during the third quarter. Invesco Ltd. now owns 2,962,385 shares of the company’s stock worth $106,172,000 after acquiring an additional 217,866 shares during the period. AQR Capital Management LLC increased its stake in shares of GlobalFoundries by 9.9% during the fourth quarter. AQR Capital Management LLC now owns 2,865,046 shares of the company’s stock worth $100,047,000 after purchasing an additional 257,254 shares during the period. Bessemer Group Inc. increased its stake in shares of GlobalFoundries by 8,275,141.2% during the first quarter. Bessemer Group Inc. now owns 2,813,582 shares of the company’s stock worth $125,147,000 after purchasing an additional 2,813,548 shares during the period. Marshall Wace LLP lifted 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 worth $83,180,000 after purchasing an additional 1,328,129 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its holdings in GlobalFoundries by 55.4% during the 4th quarter. Squarepoint Ops LLC now owns 2,021,035 shares of the company’s stock worth $70,575,000 after purchasing an additional 720,846 shares during the last quarter.

GlobalFoundries Stock Down 2.7%

NASDAQ GFS opened at $56.91 on Friday. The company has a current ratio of 2.59, a quick ratio of 1.87 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 company has a 50 day moving average of $75.15 and a 200-day moving average of $58.12. The company has a market cap of $31.23 billion, a price-to-earnings ratio of 40.94, a PEG ratio of 2.07 and a beta of 1.76.

GlobalFoundries (NASDAQ:GFS) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.05. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.63 billion. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, equities research analysts expect that GlobalFoundries Inc. will post 1.38 earnings per share for the current fiscal year.

GlobalFoundries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Wednesday, June 24th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Wednesday, June 24th. GlobalFoundries’s dividend payout ratio is presently 34.53%.

Insiders Place Their Bets

In other news, insider Samak L. Azar sold 335 shares of the stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $77.36, for a total transaction of $25,915.60. Following the sale, the insider directly owned 13,149 shares of the company’s stock, valued at approximately $1,017,206.64. This represents a 2.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 sale, the insider directly owned 795 shares in the company, valued at approximately $56,365.50. This trade represents a 38.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 18,080 shares of company stock valued at $1,349,680.

Analysts Set New Price Targets

GFS has been the topic of a number of research reports. Loop Capital set a $80.00 price objective on GlobalFoundries in a report on Monday, May 4th. JPMorgan Chase & Co. increased their price objective on GlobalFoundries from $45.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. The Goldman Sachs Group reissued a “neutral” rating and set a $70.00 target price on shares of GlobalFoundries in a report on Tuesday, May 5th. Wedbush reissued a “neutral” rating and issued a $50.00 target price on shares of GlobalFoundries in a research report on Monday, May 4th. Finally, Arete Research set a $95.00 price target on shares of GlobalFoundries in a research note on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $74.62.

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.