Brandes Investment Partners Adds $38M in Globant S.A. ($GLOB)

The firm boosted its holdings in Globant by 42.6%, adding over 1 million shares.

Written by EarningsIQ · Published Jun 14, 2026, 4:51 AM EDT · Updated Jun 15, 2026, 4:44 AM EDT

Key Points

Brandes Investment Partners boosted its stake in Globant S.A. by 42.6%, adding 1,023,668 shares to hold 3,424,400 shares valued at $128.4 million.
Globant's stock trades near $37.49 with a market cap of $1.62 billion, a P/E ratio of 15.24, and a 52-week range of $32.5 to $96.99.
Insider buying activity was noted with several insiders acquiring shares, while analysts have maintained varied ratings with price targets ranging from $40 to $78.

Brandes Investment Partners has increased its holdings in Globant S.A. (NYSE:GLOB) by 42.6%, according to its latest 13F filing with the SEC. The firm added 1,023,668 shares during the period, bringing its total to 3,424,400 shares worth approximately $128.4 million as of the reporting period.

What Changed in Brandes Investment Partners' Globant Position

Brandes Investment Partners boosted its position in Globant S.A., adding 1,023,668 shares to its portfolio. This move increased its stake by 42.6%, raising the total to 3,424,400 shares. The reported value of this investment is about $128.4 million, reflecting a significant increase in the firm's commitment to the technology services company.

Other Institutional Activity in Globant

Other institutional investors also adjusted their positions in Globant. Pzena Investment Management LLC added 2,968,828 shares, ending with 2,968,828 shares valued at approximately $136.9 million. BlackRock, Inc. increased its holdings by 26,092 shares to a total of 2,537,843 shares worth about $117 million. Conversely, Capital International Investors reduced its position by 81,440 shares, now holding 2,202,362 shares valued at $101.6 million. Alyeska Investment Group, L.P. significantly increased its stake by 1,082,732 shares, resulting in 1,655,601 shares valued at $76.3 million.

Globant S.A. Stock Snapshot

Shares of Globant S.A. (NYSE:GLOB) are trading around $37.49. The company has a market capitalization of approximately $1.62 billion and a P/E ratio of 15.24. Its stock has seen a 52-week low of $32.5 and a high of $96.99. The 50-day moving average stands at $41.75, while the 200-day moving average is $54.83. Globant's current ratio is 1.82, and it has a debt-to-equity ratio of 21.12.

Recent Earnings

Globant reported revenues of $2.45 billion, with a slight decline in revenue growth at -0.7%. The company achieved a net margin of 4.46% and a return on equity of 5.2%. Earnings per share were $2.46. The next earnings report is scheduled for August 20, 2026.

Insider Buying and Selling at Globant S.A.

Recent insider buying activity at Globant includes purchases by several insiders on June 1, 2026. Petroni Merhy Andrea Mayumi, McLaughlin Andrew John, Rottenberg Linda, Pinelli Maria, Alvarez-Demalde Francisco, and Aguzin Alejandro Nicolas each acquired 843 shares. These transactions were not part of any pre-planned trading program.

Analysts Set New Price Targets

On May 15, 2026, several analysts maintained their ratings on Globant. Canaccord Genuity maintained a 'hold' rating with a $40 price target. Goldman Sachs also maintained a 'hold' rating, setting a target of $60. Susquehanna upheld a 'buy' rating with a $78 target. The consensus among 23 analysts is a 'buy' recommendation with a mean target price of $61.39.

About Globant S.A.

Globant S.A. is a technology services company based in Luxembourg, providing digital and artificial intelligence solutions worldwide. It serves various sectors, including financial services, healthcare, media, and automotive. Founded in 2003, the company employs around 28,510 people and is led by CEO Martin Migoya.

Bottom Line

Brandes Investment Partners' significant increase in its stake in Globant S.A. signals confidence in the company's potential. Investors often track 13F filings to gauge institutional sentiment, though these filings are backward-looking and may not reflect current positions. With a diverse service offering and strategic collaborations, Globant continues to be a company of interest in the technology sector.