GAMMA Investing LLC Increases Stake in GlobalFoundries Inc. $GFS

GAMMA Investing LLC increased its stake in shares of GlobalFoundries Inc. (NASDAQ:GFS) by 134.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,531 shares of the company’s stock after acquiring an additional 877 shares during the quarter. GAMMA Investing LLC’s holdings in GlobalFoundries were worth $58,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Banque Cantonale Vaudoise bought a new position in GlobalFoundries during the first quarter valued at $33,000. Signaturefd LLC lifted its holdings in shares of GlobalFoundries by 51.3% in the 1st quarter. Signaturefd LLC now owns 1,026 shares of the company’s stock worth $38,000 after acquiring an additional 348 shares during the last quarter. Summit Securities Group LLC lifted its holdings in shares of GlobalFoundries by 142.2% in the 1st quarter. Summit Securities Group LLC now owns 1,298 shares of the company’s stock worth $48,000 after acquiring an additional 762 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of GlobalFoundries by 26.3% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,539 shares of the company’s stock worth $57,000 after acquiring an additional 320 shares during the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of GlobalFoundries by 73.2% in the 2nd quarter. Parallel Advisors LLC now owns 1,909 shares of the company’s stock worth $73,000 after acquiring an additional 807 shares during the last quarter.

GlobalFoundries Stock Up 0.2%

GFS stock opened at $35.81 on Friday. The firm’s fifty day simple moving average is $33.97 and its 200-day simple moving average is $36.04. The company has a market capitalization of $19.80 billion, a P/E ratio of -170.52, a price-to-earnings-growth ratio of 1.17 and a beta of 1.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.92. GlobalFoundries Inc. has a 12 month low of $29.77 and a 12 month high of $47.69.

GlobalFoundries (NASDAQ:GFS) last posted its earnings results on Tuesday, August 5th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.06. GlobalFoundries had a negative net margin of 1.68% and a positive return on equity of 6.55%. The firm had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.68 billion. During the same period in the previous year, the business posted $0.38 EPS. The business’s revenue was up 3.4% compared to the same quarter last year. GlobalFoundries has set its Q3 2025 guidance at 0.330-0.430 EPS. As a group, equities research analysts forecast that GlobalFoundries Inc. will post 1.31 earnings per share for the current year.

Analyst Ratings Changes

GFS has been the subject of several analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of GlobalFoundries in a report on Saturday, September 27th. Citigroup raised their target price on shares of GlobalFoundries from $35.00 to $42.00 and gave the stock a “neutral” rating in a report on Monday, July 7th. UBS Group lowered their target price on shares of GlobalFoundries from $43.00 to $37.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th. Arete Research set a $37.00 target price on shares of GlobalFoundries in a report on Wednesday, August 27th. Finally, The Goldman Sachs Group began coverage on shares of GlobalFoundries in a report on Thursday, July 10th. They issued a “neutral” rating and a $40.00 target price for the company. Six investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, GlobalFoundries has a consensus rating of “Hold” and an average target price of $43.79.

GlobalFoundries Company Profile

GlobalFoundries Inc, a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units.