Corning (NYSE:GLW) Trading Down 2.5% After Insider Selling

Shares of Corning Incorporated (NYSE:GLW) fell 2.5% during mid-day trading on Tuesday following insider selling activity. The company traded as low as $127.79 and last traded at $128.14. 12,695,176 shares were traded during mid-day trading, an increase of 41% from the average session volume of 8,981,712 shares. The stock had previously closed at $131.39.

Specifically, insider Eric S. Musser sold 15,000 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $130.25, for a total transaction of $1,953,750.00. Following the completion of the sale, the insider owned 4,926 shares in the company, valued at approximately $641,611.50. This represents a 75.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Li Fang sold 9,797 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $113.51, for a total value of $1,112,057.47. The SEC filing for this sale provides additional information.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on GLW shares. JPMorgan Chase & Co. lifted their price objective on Corning from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Morgan Stanley boosted their price target on shares of Corning from $98.00 to $103.00 and gave the company an “equal weight” rating in a research report on Thursday, January 29th. Citigroup raised their price objective on shares of Corning from $102.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Zacks Research cut shares of Corning from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Finally, Wolfe Research set a $130.00 price target on Corning and gave the stock an “outperform” rating in a report on Tuesday, January 27th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Corning has a consensus rating of “Moderate Buy” and an average price target of $112.36.

Corning News Roundup

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Corning reported strong 2025 results and disclosed a roughly $6 billion Meta AI fiber deal that directly boosts demand for its optical fiber and cable business — the headline driver behind the rally. The earnings release also showed revenue growth and an EPS beat that supports the upside. Read More.
• Positive Sentiment: The Board declared a quarterly dividend of $0.28 per share (payable Mar 30; record Feb 27), which reinforces shareholder returns as the company scales sales into AI/telecom projects. Read More.
• Positive Sentiment: Market commentary highlights Corning’s “AI moment,” with inflows into funds owning GLW as investors reposition toward AI infrastructure beneficiaries. This momentum helps amplify the stock reaction to the Meta deal and earnings. Read More.
• Neutral Sentiment: Analysts have been raising targets and reiterating buy/outperform views after results (Mizuho, JPMorgan upgrades noted), but consensus price targets still vary; the stock’s valuation sits well above historical norms, reflecting future-growth expectations. Read More.
• Negative Sentiment: Multiple insiders (COO Avery Nelson III, EVP Lewis Steverson and Eric Musser) sold shares in early February. Large insider sales can be perceived negatively even if they’re routine or for diversification/liquidity. SEC filings: Nelson. Read More.
• Negative Sentiment: Steverson’s significant reduction in holdings was disclosed and may be noted by short-term traders. SEC filing: Steverson. Read More.
• Negative Sentiment: Eric Musser sold 15,000 shares; another insider sale that could draw attention despite the stronger company fundamentals. SEC filing: Musser. Read More.

Corning Stock Up 3.8%

The company has a market cap of $114.06 billion, a P/E ratio of 72.30, a P/E/G ratio of 2.22 and a beta of 1.13. The stock has a 50-day moving average of $95.80 and a two-hundred day moving average of $83.83. 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:GLW) last posted its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The business had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.35 billion. Corning had a return on equity of 18.72% and a net margin of 10.21%.The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.57 earnings per share. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. On average, research analysts anticipate that Corning Incorporated will post 2.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Corning

Hedge funds have recently bought and sold shares of the business. Brighton Jones LLC lifted its position in shares of Corning by 46.0% in the 4th quarter. Brighton Jones LLC now owns 6,705 shares of the electronics maker’s stock worth $319,000 after purchasing an additional 2,114 shares during the period. Retirement Planning Co of New England Inc. purchased a new position in shares of Corning in the first quarter worth $729,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Corning by 9.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,704 shares of the electronics maker’s stock worth $2,962,000 after purchasing an additional 5,522 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of Corning during the 2nd quarter valued at about $401,000. Finally, Johnson Investment Counsel Inc. grew its position in Corning by 3.6% during the second quarter. Johnson Investment Counsel Inc. now owns 16,110 shares of the electronics maker’s stock valued at $847,000 after buying an additional 567 shares during the period. Institutional investors own 69.80% of the company’s stock.

About Corning

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.