Optiver Holding B.V. acquired a new position in GLOBALFOUNDRIES Inc. (NASDAQ:GFS – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,500 shares of the company’s stock, valued at approximately $161,000.
Other institutional investors also recently bought and sold shares of the company. Natixis acquired a new position in shares of GLOBALFOUNDRIES during the 4th quarter worth approximately $38,000. China Universal Asset Management Co. Ltd. raised its holdings in shares of GLOBALFOUNDRIES by 274.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 618 shares of the company’s stock worth $40,000 after acquiring an additional 453 shares during the period. Signaturefd LLC grew its holdings in shares of GLOBALFOUNDRIES by 283.0% in the first quarter. Signaturefd LLC now owns 697 shares of the company’s stock valued at $50,000 after purchasing an additional 515 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in shares of GLOBALFOUNDRIES by 79.3% in the first quarter. Steward Partners Investment Advisory LLC now owns 771 shares of the company’s stock valued at $56,000 after purchasing an additional 341 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of GLOBALFOUNDRIES in the first quarter valued at about $65,000. 14.76% of the stock is currently owned by institutional investors and hedge funds.
GLOBALFOUNDRIES Stock Up 3.7 %
GFS stock opened at $58.42 on Tuesday. The company’s 50 day moving average price is $55.50 and its 200 day moving average price is $58.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.56 and a current ratio of 2.11. GLOBALFOUNDRIES Inc. has a fifty-two week low of $48.12 and a fifty-two week high of $72.50. The firm has a market capitalization of $32.00 billion, a price-to-earnings ratio of 22.91, a PEG ratio of 9.70 and a beta of 1.83.
Analyst Ratings Changes
GLOBALFOUNDRIES Company Profile
GLOBALFOUNDRIES Inc operates as a semiconductor foundry worldwide. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units; and offers mainstream wafer fabrication services and technologies.
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