Catalyst Funds Management Pty Ltd Makes New Investment in GlobalFoundries Inc. $GFS

24 May 2026, 04:17 by Jessica Moore · The Cerbat Gem

Catalyst Funds Management Pty Ltd acquired a new stake in shares of GlobalFoundries Inc. (NASDAQ:GFS – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 43,700 shares of the company’s stock, valued at approximately $1,526,000.

Other institutional investors have also made changes to their positions in the company. WealthCollab LLC boosted its stake 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 purchasing an additional 614 shares during the period. True Wealth Design LLC grew its holdings in GlobalFoundries by 216.7% during the 4th quarter. True Wealth Design LLC now owns 795 shares of the company’s stock valued at $28,000 after purchasing an additional 544 shares in the last quarter. Clearstead Advisors LLC increased its stake in GlobalFoundries by 91.9% during the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company’s stock worth $29,000 after buying an additional 387 shares during the period. Covestor Ltd lifted its holdings in GlobalFoundries by 57.6% in the 4th quarter. Covestor Ltd now owns 955 shares of the company’s stock worth $33,000 after buying an additional 349 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in GlobalFoundries in the 4th quarter worth $41,000.

Insider Transactions at GlobalFoundries

In other news, insider Samak L. Azar sold 500 shares of the business’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $59.66, for a total value of $29,830.00. Following the completion of the sale, the insider directly owned 16,994 shares in the company, valued at approximately $1,013,862.04. The trade was a 2.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 2,300 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $60.69, for a total transaction of $139,587.00. Following the sale, the insider owned 16,045 shares of the company’s stock, valued at approximately $973,771.05. The trade was a 12.54% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 16,700 shares of company stock worth $909,572.

GlobalFoundries Price Performance

Shares of GFS stock opened at $85.64 on Friday. The firm has a fifty day moving average of $56.09 and a two-hundred day moving average of $45.81. The firm has a market cap of $47.65 billion, a P/E ratio of 61.61, a P/E/G ratio of 3.03 and a beta of 1.71. GlobalFoundries Inc. has a 1-year low of $31.51 and a 1-year high of $89.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.59 and a quick ratio of 1.87.

GlobalFoundries (NASDAQ:GFS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. The business 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 company’s quarterly revenue was up 3.1% compared to the same quarter last year. 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. As a group, research analysts anticipate that GlobalFoundries Inc. will post 1.38 earnings per share for the current fiscal year.

GlobalFoundries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Wednesday, June 24th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, June 24th.

Key Headlines Impacting GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

Positive Sentiment: GlobalFoundries launched Quantum Technology Solutions, a new business aimed at manufacturing key quantum hardware components such as cryogenic control/readout ICs, advanced packaging, and superconducting interconnects, which could open a new growth avenue for the company. GlobalFoundries launches Quantum Technology Solutions to scale U.S. quantum manufacturing
Positive Sentiment: The company disclosed a proposed $375 million U.S. Commerce Department award and a separate arrangement for the government to take about a 1% equity stake, which investors appear to view as a major validation of GlobalFoundries’ strategic role in domestic semiconductor and quantum supply chains. New semiconductor advances announced at GlobalFoundries
Positive Sentiment: GlobalFoundries is also being linked to broader momentum in quantum-focused CHIPS funding, with articles noting that the stock jumped after the funding and venture partnership news, helping sentiment across the name. GLOBALFOUNDRIES (GFS) Is Up 10.2% After New Quantum-Focused CHIPS Funding and VC Partnership
Positive Sentiment: Separately, GlobalFoundries announced work on co-packaged optics for AI data centers, which could support long-term demand tied to AI infrastructure growth. GlobalFoundries: Accelerating introduction of co-packaged optics for modern AI data centers with SCALE optical module solution
Neutral Sentiment: Coverage also highlighted that the stock reached a 52-week high, reflecting strong recent momentum, though this is more a sign of investor enthusiasm than a new fundamental development. GlobalFoundries stock hits 52-week high – here’s why

Analyst Ratings Changes

GFS has been the subject of several recent analyst reports. Jefferies Financial Group restated a “hold” rating and set a $65.00 target price on shares of GlobalFoundries in a research note on Wednesday, May 6th. Morgan Stanley boosted their price target on GlobalFoundries from $58.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Needham & Company LLC increased their price target on GlobalFoundries from $55.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Evercore restated an “outperform” rating and set a $85.00 price objective on shares of GlobalFoundries in a report on Tuesday. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $70.00 target price on shares of GlobalFoundries in a research report on Tuesday, May 5th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $69.88.

Get Our Latest Stock Analysis on GlobalFoundries

GlobalFoundries Profile

(Free Report)

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.

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