Thornburg Investment Management Inc. Sells 69,564 Shares of Globant S.A. $GLOB

Thornburg Investment Management Inc. trimmed its position in shares of Globant S.A. (NYSE:GLOB) by 75.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 23,238 shares of the information technology services provider’s stock after selling 69,564 shares during the quarter. Thornburg Investment Management Inc.’s holdings in Globant were worth $1,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. CWM LLC grew its stake in shares of Globant by 30.1% during the 2nd quarter. CWM LLC now owns 636 shares of the information technology services provider’s stock valued at $58,000 after purchasing an additional 147 shares during the period. Baker Avenue Asset Management LP grew its position in Globant by 2.0% during the second quarter. Baker Avenue Asset Management LP now owns 8,010 shares of the information technology services provider’s stock valued at $728,000 after buying an additional 156 shares during the period. Allworth Financial LP increased its holdings in Globant by 214.1% during the second quarter. Allworth Financial LP now owns 289 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 197 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in Globant by 0.5% in the second quarter. State Board of Administration of Florida Retirement System now owns 39,534 shares of the information technology services provider’s stock worth $3,591,000 after acquiring an additional 200 shares during the period. Finally, State of Wyoming raised its position in Globant by 38.9% in the third quarter. State of Wyoming now owns 1,225 shares of the information technology services provider’s stock worth $70,000 after acquiring an additional 343 shares during the period. Institutional investors own 91.60% of the company’s stock.

Analyst Ratings Changes

GLOB has been the topic of a number of recent research reports. Truist Financial initiated coverage on Globant in a report on Tuesday, January 6th. They issued a “hold” rating and a $72.00 target price on the stock. JPMorgan Chase & Co. lowered their price objective on Globant from $75.00 to $68.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Canaccord Genuity Group cut their price objective on Globant from $80.00 to $70.00 and set a “hold” rating for the company in a research note on Friday, November 14th. Needham & Company LLC decreased their target price on shares of Globant from $85.00 to $80.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Finally, UBS Group reaffirmed a “neutral” rating and set a $75.00 price target on shares of Globant in a report on Monday, January 19th. Six research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $89.80.

Globant Stock Performance

Shares of NYSE:GLOB opened at $46.89 on Friday. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.16. Globant S.A. has a 12 month low of $40.76 and a 12 month high of $155.00. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 21.22, a PEG ratio of 4.88 and a beta of 1.19. The firm’s 50-day moving average is $61.71 and its 200 day moving average is $62.40.

Globant (NYSE:GLOB) last announced its quarterly earnings data on Thursday, February 26th. The information technology services provider reported $1.54 EPS for the quarter, meeting the consensus estimate of $1.54. Globant had a return on equity of 10.39% and a net margin of 4.01%.The company had revenue of $612.47 million for the quarter, compared to the consensus estimate of $605.61 million. During the same quarter in the prior year, the company posted $1.75 EPS. Globant’s quarterly revenue was down 4.7% on a year-over-year basis. Globant has set its Q1 2026 guidance at 1.440-1.540 EPS and its FY 2026 guidance at 6.100-6.500 EPS. Research analysts predict that Globant S.A. will post 5.73 EPS for the current year.

More Globant News

Here are the key news stories impacting Globant this week:

• Positive Sentiment: Management raised guidance: FY‑2026 EPS guidance (6.10–6.50) and Q1‑2026 EPS guidance (1.440–1.540) were above consensus, giving investors forward earnings visibility and a clear reason for a positive re‑rating. Globant Reports 2025 Fourth Quarter Financial Results
• Positive Sentiment: Revenue beat estimates and EPS matched consensus: Q4 revenue of $612.5M topped the $605.6M estimate while EPS of $1.54 met expectations — a near‑term earnings beat on the top line helped lift sentiment. Globant shares up 3% on following inline earnings in Q4, revenue beat
• Positive Sentiment: Record free cash flow: Management highlighted record free cash flow in the quarter, which supports the balance sheet (low debt) and can underpin shareholder returns or reinvestment. Cash strength is a tangible positive for investors. Globant SA (GLOB) Q4 2025 Earnings Call Highlights: Record Free Cash Flow Amid Revenue Decline
• Neutral Sentiment: Earnings call transcript and details are available for deeper read: the call provides color on client activity, margins and hiring but contains no headline surprises beyond the published results. Globant S.A. (GLOB) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Company materials — press release, slide deck and conference call — are posted for investors who want the full financials and management commentary. Globant Earnings Report (MarketBeat)
• Neutral Sentiment: Pre‑earnings coverage and valuation pieces are circulating as analysts reassess the stock after its prior pullback — watch changes in sell‑side models. Reassessing Globant (GLOB) Valuation After Sharp Share Price Pullback
• Negative Sentiment: Revenue and EPS are down year‑over‑year: Q4 revenue fell ~4.7% vs. prior year and EPS declined from $1.75 to $1.54, underscoring ongoing demand pressure in parts of the business and creating longer‑term growth questions. Globant (GLOB) Q4 Earnings Match Estimates

About Globant

Globant is a digitally native technology services company founded in 2003 in Buenos Aires, Argentina. Specializing in software development and digital transformation, Globant partners with enterprises to conceive, design and engineer software products and platforms. The company leverages agile methodologies and proprietary delivery frameworks to accelerate projects in areas such as cloud migration, user experience design, data analytics, artificial intelligence and blockchain-enabled solutions.

Globant’s service offerings span strategy consulting, custom software engineering, digital experience design and managed services.