Globant S.A. $GLOB Shares Acquired by Atom Investors LP

Atom Investors LP lifted its position in shares of Globant S.A. (NYSE:GLOBFree Report) by 2,254.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,534 shares of the information technology services provider’s stock after purchasing an additional 124,033 shares during the period. Globant comprises 0.7% of Atom Investors LP’s portfolio, making the stock its 25th largest position. Atom Investors LP’s holdings in Globant were worth $8,468,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC boosted its stake in Globant by 65.1% during the 4th quarter. Signaturefd LLC now owns 482 shares of the information technology services provider’s stock valued at $32,000 after acquiring an additional 190 shares during the last quarter. Allworth Financial LP grew its holdings in Globant by 473.3% during the 4th quarter. Allworth Financial LP now owns 493 shares of the information technology services provider’s stock worth $32,000 after acquiring an additional 407 shares in the last quarter. Larson Financial Group LLC grew its holdings in Globant by 561.2% during the 4th quarter. Larson Financial Group LLC now owns 681 shares of the information technology services provider’s stock worth $45,000 after acquiring an additional 578 shares in the last quarter. GAMMA Investing LLC grew its holdings in Globant by 34.3% during the 4th quarter. GAMMA Investing LLC now owns 712 shares of the information technology services provider’s stock worth $47,000 after acquiring an additional 182 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in Globant by 77.4% during the 4th quarter. Advisors Asset Management Inc. now owns 912 shares of the information technology services provider’s stock worth $60,000 after acquiring an additional 398 shares in the last quarter. 91.60% of the stock is owned by institutional investors and hedge funds.

Globant Stock Down 0.4%

GLOB stock opened at $36.73 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.82 and a quick ratio of 1.82. Globant S.A. has a 1-year low of $32.50 and a 1-year high of $95.38. The firm has a fifty day moving average price of $41.45 and a two-hundred day moving average price of $52.50. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 14.93, a PEG ratio of 1.35 and a beta of 1.02.

Globant (NYSE:GLOBGet Free Report) last released its earnings results on Friday, May 15th. The information technology services provider reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. Globant had a net margin of 4.46% and a return on equity of 9.87%. The firm had revenue of $607.09 million during the quarter, compared to analyst estimates of $601.66 million. During the same quarter in the previous year, the firm earned $1.50 earnings per share. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. Research analysts predict that Globant S.A. will post 4.93 EPS for the current year.

Globant announced that its board has authorized a stock repurchase plan on Monday, May 18th that allows the company to buyback $50.00 million in shares. This buyback authorization allows the information technology services provider to reacquire up to 2.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Key Globant News

Here are the key news stories impacting Globant this week:

  • Negative Sentiment: Multiple law firms, including Pomerantz, Faruqi & Faruqi, Rosen, and others, reiterated that a class action lawsuit has been filed against Globant and reminded investors of the June 23, 2026 deadline to seek lead-plaintiff status, increasing legal overhang for the stock.
  • Negative Sentiment: The lawsuit-related articles allege securities law violations tied to purchases of Globant stock between February 15, 2024 and August 14, 2025, which may raise concerns about potential liability and management credibility.
  • Neutral Sentiment: These updates are largely procedural reminders from plaintiff firms rather than new operational or financial guidance from Globant itself, so the market impact is centered on litigation risk rather than business fundamentals. Article Title

Wall Street Analyst Weigh In

GLOB has been the subject of several recent analyst reports. Guggenheim decreased their price objective on shares of Globant from $80.00 to $65.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Susquehanna decreased their price objective on shares of Globant from $90.00 to $78.00 and set a “positive” rating for the company in a report on Friday, May 15th. The Goldman Sachs Group decreased their price objective on shares of Globant from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Mizuho decreased their price objective on shares of Globant from $91.00 to $76.00 and set an “outperform” rating for the company in a report on Tuesday, March 3rd. Finally, UBS Group decreased their price objective on shares of Globant from $75.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Eight analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Globant has an average rating of “Hold” and an average target price of $64.81.

Read Our Latest Stock Report on Globant

Globant Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Globant (NYSE:GLOB)

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