Pier Capital LLC Has $1.70 Million Holdings in Globant S.A. $GLOB

Pier Capital LLC increased its stake in shares of Globant S.A. (NYSE:GLOB) by 41,816.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 25,988 shares of the information technology services provider’s stock after acquiring an additional 25,926 shares during the quarter. Pier Capital LLC’s holdings in Globant were worth $1,699,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. grew its stake in shares of Globant by 352.0% during the third quarter. Geneos Wealth Management Inc. now owns 452 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 352 shares during the last quarter. Signaturefd LLC increased its position in Globant by 65.1% in the fourth quarter. Signaturefd LLC now owns 482 shares of the information technology services provider’s stock worth $32,000 after purchasing an additional 190 shares during the period. GAMMA Investing LLC increased its position in Globant by 34.3% in the fourth quarter. GAMMA Investing LLC now owns 712 shares of the information technology services provider’s stock worth $47,000 after purchasing an additional 182 shares during the period. CWM LLC increased its position in Globant by 35.4% in the third quarter. CWM LLC now owns 861 shares of the information technology services provider’s stock worth $49,000 after purchasing an additional 225 shares during the period. Finally, State of Wyoming increased its position in Globant by 78.9% in the second quarter. State of Wyoming now owns 882 shares of the information technology services provider’s stock worth $80,000 after purchasing an additional 389 shares during the period. 91.60% of the stock is owned by institutional investors.

Globant Trading Up 0.7%

Shares of NYSE:GLOB opened at $40.99 on Friday. Globant S.A. has a 12 month low of $38.49 and a 12 month high of $142.24. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.16. The company’s fifty day simple moving average is $46.04 and its 200 day simple moving average is $56.89. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 17.90, a PEG ratio of 1.50 and a beta of 1.04.

Globant (NYSE:GLOB) last released its earnings results on Thursday, February 26th. The information technology services provider reported $1.54 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.54. The business had revenue of $612.47 million during the quarter, compared to the consensus estimate of $605.61 million. Globant had a net margin of 4.19% and a return on equity of 9.98%. The firm’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.75 earnings per share. Globant has set its Q1 2026 guidance at 1.440-1.540 EPS and its FY 2026 guidance at 6.100-6.500 EPS. As a group, research analysts forecast that Globant S.A. will post 4.99 EPS for the current fiscal year.

Key Headlines Impacting Globant

Here are the key news stories impacting Globant this week:

• Neutral Sentiment: Zacks preview warns Globant may lack the setup for an earnings beat in its upcoming report, setting expectations that could increase volatility around the print. Read More.
• Negative Sentiment: Multiple law firms have filed or are soliciting clients in connection with a securities class action covering purchases between Feb 15, 2024 and Aug 14, 2025 — raising litigation and potential settlement risk and putting management under scrutiny. Deadlines to move for lead plaintiff are June 23, 2026. Sources: Faruqi & Faruqi; Pomerantz; Bernstein Liebhard; Rosen Law; Frank R. Cruz.
  Read More.
  Read More.
  Read More.
  Read More.
  Read More.
• Negative Sentiment: SueWallSt and other alerts specifically flag potential Section 20(a) claims naming Globant’s CEO, CFO and COO and quantify alleged investor losses (SueWallSt cites ~$143.71 per‑share). If pursued, individual‑defendant claims can increase defense costs and amplify reputational risk. Read More.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. UBS Group lowered their price objective on Globant from $75.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and set a $60.00 price objective on shares of Globant in a research note on Thursday, March 19th. TD Cowen dropped their price objective on Globant from $74.00 to $72.00 and set a “buy” rating for the company in a report on Monday, April 6th. JPMorgan Chase & Co. dropped their price objective on Globant from $75.00 to $68.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Finally, Mizuho dropped their price objective on Globant from $91.00 to $76.00 and set an “outperform” rating for the company in a report on Tuesday, March 3rd. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Globant currently has an average rating of “Hold” and a consensus price target of $72.50.

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.