GLOBALFOUNDRIES Insider Hogan Michael James Sells Shares

On June 24, 2026, Hogan Michael James, the Chief Strategy Officer of GLOBALFOUNDRIES Inc. (NasdaqGS: GFS), sold 150 shares of the company. The transaction was not part of a pre-planned trading program. The company's stock traded near $86.12 on Friday.

Insider Buying and Selling at GLOBALFOUNDRIES Inc.

Hogan Michael James, the Chief Strategy Officer, executed multiple transactions in June. On June 24, he sold 150 shares outside of a planned trading program. Earlier, on June 10 and June 24, he sold shares as part of a planned program, totaling 2,800 shares at prices of $83.53 and $75.17 respectively. The company's Chief Legal Officer, Samak Azar, also sold 335 shares on June 18 and June 11 as part of planned transactions.

Other Institutional Activity in GLOBALFOUNDRIES

Mubadala Investment Co PJSC reduced its holdings in GLOBALFOUNDRIES by 27.3 million shares, bringing its total to 423 million shares valued at approximately $18.8 billion, a 6.1% decrease. FMR LLC increased its stake by 8.6 million shares, ending with 64 million shares worth about $2.8 billion, marking a 15.5% increase. JPMorgan Chase & Co significantly boosted its holdings by 4.7 million shares, totaling 5 million shares valued at $209.7 million, a substantial 1224.3% increase. Marshall Wace LLP and Morgan Stanley also increased their positions by 2.7 million and 3 million shares respectively.

GLOBALFOUNDRIES Inc. Stock Up 78.2%

Shares of GLOBALFOUNDRIES traded near $86.12 on Friday. The company, a major player in the semiconductor industry, has a market cap of about $47.3 billion and a P/E ratio of 51. Its stock has seen a 52-week range between $31.51 and $92.55. The company's 50-day moving average stands at $73.42, while the 200-day moving average is $47.93. With a beta of 1.77, the stock is relatively volatile. GLOBALFOUNDRIES maintains a current ratio of 2.59 and a quick ratio of 1.84, indicating good short-term financial health.

Analysts Set New Price Targets

On May 19, 2026, Evercore ISI Group maintained a 'buy' rating with an $85 price target for GLOBALFOUNDRIES. Susquehanna, on May 11, reaffirmed its 'buy' rating with a higher target of $125. Meanwhile, UBS, JP Morgan, Citigroup, and Morgan Stanley all maintained 'hold' ratings with targets ranging from $65 to $77. The consensus among 21 analysts is a 'buy' rating with an average target price of $81.

About GLOBALFOUNDRIES

GLOBALFOUNDRIES Inc., headquartered in Malta, New York, is a leading semiconductor foundry. The company offers a wide range of wafer fabrication services and technologies across the globe, including the U.S., Europe, the Middle East, and Africa. It produces various semiconductor devices such as microprocessors and radio frequency modems. GLOBALFOUNDRIES is also involved in quantum technology solutions and has a strategic partnership with the U.S. Department of Energy.

Bottom Line

GLOBALFOUNDRIES Inc. remains an influential player in the semiconductor sector, attracting attention from both insiders and institutional investors. The recent insider transactions by Hogan Michael James and the diverse institutional activity highlight the dynamic interest in the company's prospects. Investors keep a close eye on such developments as they reveal insights into the company's strategic direction and market sentiment.