Globant S.A. $GLOB Shares Purchased by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership boosted its stake in shares of Globant S.A. (NYSE:GLOB) by 38.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 202,078 shares of the information technology services provider’s stock after purchasing an additional 56,371 shares during the period. Artisan Partners Limited Partnership owned approximately 0.46% of Globant worth $11,595,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. CWM LLC increased its holdings 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 worth $58,000 after buying an additional 147 shares during the last quarter. 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 acquiring an additional 156 shares during the period. Allworth Financial LP grew its position 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 acquiring an additional 197 shares during the period. State Board of Administration of Florida Retirement System increased its stake in Globant by 0.5% during 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 last quarter. Finally, State of Wyoming raised its holdings in shares of Globant by 38.9% in the 3rd quarter. State of Wyoming now owns 1,225 shares of the information technology services provider’s stock worth $70,000 after purchasing an additional 343 shares during the period. 91.60% of the stock is owned by hedge funds and other institutional investors.

Globant News Summary

Here are the key news stories impacting Globant this week:

• Positive Sentiment: Company issued above‑consensus guidance for FY‑2026 (EPS 6.10–6.50 vs. street ~5.67) and Q1‑2026 (EPS 1.44–1.54 vs. street ~1.33), supporting expectations for margin improvement and growth recovery. Globant Reports 2025 Fourth Quarter Financial Results
• Positive Sentiment: Firm reported record free cash flow despite a revenue decline, a sign of stronger cash generation and balance‑sheet resilience. Record Free Cash Flow Amid Revenue Decline
• Positive Sentiment: Needham trimmed its price target to $60 but kept a Buy rating — the PT implies meaningful upside (~21% from current levels), showing at least one analyst sees room for rerating if execution continues. Needham PT Lowered to $60
• Neutral Sentiment: Q4 results: EPS $1.54 (in line with estimates) and revenue $612.5M (beat ~$605.6M consensus) — mixed topline pressure but no major earnings surprise. MarketBeat Q4 Earnings Summary
• Neutral Sentiment: Earnings call transcript and analyst coverage provide more detail on client demand and margin drivers; useful for investors who want to parse guidance drivers and client dynamics. Earnings Call Transcript
• Negative Sentiment: Canaccord cut its price target to $50 and moved to a Hold, reducing near‑term analyst support and signaling caution about the recovery pace. Benzinga: Canaccord PT Cut
• Negative Sentiment: Revenue was down ~4.7% year‑over‑year and EPS fell from $1.75 a year earlier to $1.54, highlighting that demand softness is still pressuring growth — a key risk if recovery stalls. Zacks: Q4 Earnings Match Estimates

Globant Trading Up 5.9%

GLOB opened at $49.65 on Friday. The firm has a market capitalization of $2.19 billion, a P/E ratio of 21.68, a P/E/G ratio of 5.45 and a beta of 1.19. The firm’s 50 day moving average is $61.31 and its 200-day moving average is $62.14. Globant S.A. has a 52-week low of $40.76 and a 52-week high of $151.34. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.16.

Globant (NYSE:GLOB) last announced its earnings results on Thursday, February 26th. The information technology services provider reported $1.54 earnings per share for the quarter, meeting the consensus estimate of $1.54. Globant had a net margin of 4.19% and a return on equity of 9.95%. The business had revenue of $612.47 million during the quarter, compared to the consensus estimate of $605.61 million. During the same period in the prior year, the firm earned $1.75 earnings per share. The business’s quarterly revenue was down 4.7% compared to the same quarter last year. Globant has set its Q1 2026 guidance at 1.440-1.540 EPS and its FY 2026 guidance at 6.100-6.500 EPS. Analysts expect that Globant S.A. will post 5.73 EPS for the current fiscal year.

Analyst Ratings Changes

GLOB has been the subject of a number of research reports. Wells Fargo & Company boosted their target price on Globant from $61.00 to $68.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Globant in a research report on Monday, December 29th. William Blair reiterated an “outperform” rating on shares of Globant in a research note on Wednesday, December 31st. UBS Group reissued a “neutral” rating and issued a $75.00 price objective on shares of Globant in a research report on Monday, January 19th. Finally, Truist Financial began coverage on shares of Globant in a research note on Tuesday, January 6th. They issued a “hold” rating and a $72.00 target price on the stock. Six investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Globant has a consensus rating of “Hold” and an average target price of $87.13.

Globant Profile

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.