Argonautica Private Wealth Management Inc. Makes New $347,000 Investment in GlobalFoundries Inc. $GFS

Argonautica Private Wealth Management Inc. bought a new stake in shares of GlobalFoundries Inc. (NASDAQ:GFS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,939 shares of the company’s stock, valued at approximately $347,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. WealthCollab LLC boosted its position in shares of GlobalFoundries by 674.7% in the fourth quarter. WealthCollab LLC now owns 705 shares of the company’s stock valued at $25,000 after acquiring an additional 614 shares during the period. True Wealth Design LLC lifted its stake in GlobalFoundries by 216.7% in the 4th quarter. True Wealth Design LLC now owns 795 shares of the company’s stock worth $28,000 after purchasing an additional 544 shares in the last quarter. Clearstead Advisors LLC lifted its stake in GlobalFoundries by 91.9% in the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company’s stock worth $29,000 after purchasing an additional 387 shares in the last quarter. Covestor Ltd boosted its holdings in GlobalFoundries by 57.6% in the 4th quarter. Covestor Ltd now owns 955 shares of the company’s stock valued at $33,000 after purchasing an additional 349 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in shares of GlobalFoundries during the 4th quarter valued at $41,000.

GlobalFoundries Price Performance

Shares of GlobalFoundries stock opened at $75.53 on Friday. 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 Inc. has a 52-week low of $31.51 and a 52-week high of $92.55. The company has a fifty day moving average of $63.93 and a 200-day moving average of $49.20. The stock has a market capitalization of $42.03 billion, a price-to-earnings ratio of 54.34, a price-to-earnings-growth ratio of 2.67 and a beta of 1.77.

GlobalFoundries (NASDAQ:GFS) last issued its 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 company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.63 billion. GlobalFoundries had a net margin of 11.40% and a return on equity of 6.85%. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.34 EPS. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities research analysts expect that GlobalFoundries Inc. will post 1.38 EPS for the current year.

GlobalFoundries Dividend Announcement

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 issued a $0.12 dividend. The ex-dividend date is Wednesday, June 24th. This represents a $0.48 annualized dividend and a dividend yield of 0.6%.

Insider Transactions at GlobalFoundries

In related news, insider Samak L. Azar sold 335 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $80.90, for a total transaction of $27,101.50. Following the completion of the sale, the insider directly owned 14,824 shares in the company, valued at $1,199,261.60. This represents a 2.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael James Hogan sold 2,800 shares of the firm’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 owned 9,645 shares in the company, valued at approximately $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. In the last three months, insiders sold 20,170 shares of company stock valued at $1,194,864.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Evercore reiterated an “outperform” rating and issued a $85.00 price objective on shares of GlobalFoundries in a research report on Tuesday, May 19th. UBS Group boosted their target price on GlobalFoundries from $65.00 to $77.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. upped their target price on GlobalFoundries from $45.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of GlobalFoundries in a research report on Friday, May 29th. Finally, Robert W. Baird set a $100.00 price objective on GlobalFoundries in a report on Wednesday, May 6th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $69.88.

About GlobalFoundries

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.