Globalfoundries CPO Pradheepa Raman sells $345,571 in stock
Globalfoundries Chief People Officer Pradheepa Raman sold 6,760 shares of the company's stock on August 18, 2026. The sale, executed under a pre-approved Rule 10b5-1 trading plan, amounted to $345,571 at a price of $51.12 per share. As of the most recent market close, the stock price of Globalfoundries had dropped to $47.78, marking a 7.8% decline over the past week.
Despite this insider sale, Raman's direct ownership of Globalfoundries' ordinary shares stands at zero. The semiconductor company, however, remains undervalued according to InvestingPro's Fair Value analysis, having delivered a 47% return over the past year.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
