John Zhang Sells 1,531 Shares of Corning (NYSE:GLW) Stock

Corning Incorporated (NYSE:GLWGet Free Report) VP John Zhang sold 1,531 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $133.75, for a total transaction of $204,771.25. The transaction was disclosed in a filing with the SEC, which is available through this link.

Corning Price Performance

Shares of NYSE GLW opened at $133.52 on Friday. Corning Incorporated has a fifty-two week low of $37.31 and a fifty-two week high of $136.82. The company has a 50 day simple moving average of $97.68 and a two-hundred day simple moving average of $84.71. The company has a market capitalization of $114.47 billion, a price-to-earnings ratio of 72.56, a P/E/G ratio of 2.28 and a beta of 1.13. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.59.

Corning (NYSE:GLWGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. Corning had a return on equity of 18.72% and a net margin of 10.21%.The firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.35 billion. During the same period in the previous year, the firm posted $0.57 EPS. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Analysts expect that Corning Incorporated will post 2.33 EPS for the current fiscal year.

Corning Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, February 27th. Corning’s dividend payout ratio is currently 60.87%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Wolfe Research set a $130.00 price objective on shares of Corning and gave the company an “outperform” rating in a research report on Tuesday, January 27th. Weiss Ratings downgraded shares of Corning from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, January 27th. Wall Street Zen upgraded shares of Corning from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Zacks Research lowered shares of Corning from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Finally, HSBC reaffirmed a “buy” rating and issued a $135.00 price objective on shares of Corning in a research report on Friday. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Corning currently has an average rating of “Moderate Buy” and an average target price of $114.25.

Get Our Latest Stock Analysis on GLW

Key Stories Impacting Corning

Here are the key news stories impacting Corning this week:

  • Positive Sentiment: Optical Communications strength: Corning generated roughly $6.3B in revenue from Optical Communications in 2025, up ~35% year‑over‑year — a core driver of revenue and margin upside. GLW Rides on Solid Traction in Optical Communication
  • Positive Sentiment: Major commercial win with Meta: Disclosure of a multi‑billion dollar (reported ~ $6B) Meta AI fiber contract and stronger 2025 results are the headline catalysts lifting demand expectations for Corning’s fiber business. Corning Is Up After Strong 2025 Results And $6 Billion Meta AI Fiber Deal
  • Positive Sentiment: AI infrastructure momentum and analyst support: Market commentators and fund flows into AI‑infrastructure names have amplified GLW’s rally; several analysts have raised targets or reiterated buy/outperform views. AI Deals Drives Corning (GLW) Shares Up 50% In 2026
  • Positive Sentiment: Dividend affirmed: Corning declared a quarterly dividend of $0.28 (payable Mar 30; record Feb 27), which supports cash-return expectations as AI/telecom revenues ramp. Corning Announces Quarterly Dividend
  • Neutral Sentiment: Valuation and consensus: Analyst coverage is constructive (consensus = Moderate Buy), but GLW’s PE and forward multiples now price significant growth — important when sizing positions. GLW Profile & Analyst Coverage
  • Negative Sentiment: Insider selling flagged: Multiple Form 4 filings show sizable sales by senior executives (COO Avery Nelson III, EVP Lewis Steverson, VP John Zhang). Those transactions have triggered short‑term selling headlines. Nelson Form 4 Steverson Form 4 Zhang Form 4
  • Negative Sentiment: Short‑term profit‑taking: Financial press pointed to insider sales as a reason for intraday weakness following the rally, even as fundamentals remain strong. Corning Trading Down After Insider Selling

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GLW. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Corning during the 3rd quarter valued at $25,000. Berbice Capital Management LLC purchased a new stake in Corning during the fourth quarter valued at $26,000. Basepoint Wealth LLC purchased a new stake in Corning during the fourth quarter valued at $26,000. Strengthening Families & Communities LLC bought a new position in Corning in the third quarter valued at about $27,000. Finally, Total Investment Management Inc. purchased a new position in Corning in the second quarter worth about $28,000. Institutional investors own 69.80% of the company’s stock.

Corning Company Profile

(Get Free Report)

Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.

Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.

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Insider Buying and Selling by Quarter for Corning (NYSE:GLW)

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