Volterra Technologies LP Invests $484,000 in GlobalFoundries Inc. $GFS

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

A number of other hedge funds have also added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in shares of GlobalFoundries by 4.4% during the 1st quarter. Royal Bank of Canada now owns 15,583 shares of the company’s stock worth $575,000 after buying an additional 660 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of GlobalFoundries by 77.6% in the 1st quarter. AQR Capital Management LLC now owns 102,048 shares of the company’s stock valued at $3,679,000 after acquiring an additional 44,599 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of GlobalFoundries by 7,120.1% in the 1st quarter. Jones Financial Companies Lllp now owns 12,202 shares of the company’s stock valued at $450,000 after acquiring an additional 12,033 shares in the last quarter. American Century Companies Inc. increased its position in shares of GlobalFoundries by 3.4% in the second quarter. American Century Companies Inc. now owns 27,606 shares of the company’s stock valued at $1,055,000 after acquiring an additional 903 shares during the last quarter. Finally, M&T Bank Corp acquired a new stake in shares of GlobalFoundries in the second quarter valued at about $269,000.

Wall Street Analyst Weigh In

Several research analysts recently commented on GFS shares. Morgan Stanley increased their price target on GlobalFoundries from $58.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Zacks Research raised GlobalFoundries from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of GlobalFoundries in a research note on Friday, May 29th. JPMorgan Chase & Co. increased their price objective on GlobalFoundries from $45.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Citigroup raised their target price on shares of GlobalFoundries from $49.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $74.62.

Insider Activity at GlobalFoundries

In related news, insider Samak L. Azar sold 500 shares of the business’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 transaction of $37,410.00. Following the transaction, the insider directly owned 15,494 shares of the company’s stock, valued at approximately $1,159,261.08. The trade was a 3.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $82.88, for a total value of $232,064.00. Following the transaction, the insider directly owned 9,645 shares in the company, valued at $799,377.60. The trade was a 22.50% 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. Insiders have sold a total of 18,080 shares of company stock valued at $1,349,680 over the last quarter.

GlobalFoundries Stock Down 2.7%

Shares of GFS stock opened at $56.91 on Friday. GlobalFoundries Inc. has a 52-week low of $31.51 and a 52-week high of $92.55. The stock 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. The firm’s 50-day moving average is $75.15 and its 200-day moving average is $58.12. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.87 and a current ratio of 2.59.

GlobalFoundries (NASDAQ:GFS) last posted its quarterly 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. 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%.GlobalFoundries’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the company posted $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Sell-side analysts predict that GlobalFoundries Inc. will post 1.38 EPS for the current year.

GlobalFoundries Announces Dividend

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

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.