In a filing, Globant S.A revealed its Affiliate Nestor Nocetti acquired Company’s shares for reported $1.54 million on Dec 26 ’24. In the deal valued at $219.46 per share,7,000 shares were bought.
Then, Martin Migoya bought 10,000 shares, generating $2,205,000 in total proceeds.
Before that, WANDA WEIGERT bought 7,500 shares. Globant S.A shares valued at $1,663,950 were divested by the Officer at a price of $221.86 per share.
Redburn Atlantic upgraded its Globant S.A [GLOB] rating to a Neutral from a a Sell in a research note published on February 25, 2025; the price target was increased to $150 from $140. A number of analysts have revised their coverage, including Susquehanna’s analysts, who began to cover the stock in mid December with a ‘”a Positive”‘ rating. Deutsche Bank began covering GLOB with “Hold” recommendation on August 22, 2024. UBS revised its rating on August 20, 2024. It rated GLOB as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GLOB
On Tuesday, Globant S.A [NYSE:GLOB] saw its stock jump 1.47% to $119.55. Over the last five days, the stock has gained 0.42%. Globant S.A shares have fallen nearly -44.24% since the year began. Nevertheless, the stocks have fallen -33.43% over the past one year. While a 52-week high of $238.32 was reached on 02/13/25, a 52-week low of $96.23 was recorded on 04/07/25. SMA at 50 days reached $123.70, while 200 days put it at $187.30.
Levels Of Support And Resistance For GLOB Stock
The 24-hour chart illustrates a support level at 117.01, which if violated will result in even more drops to 114.46. On the upside, there is a resistance level at 121.07. A further resistance level may holdings at 122.59. The Relative Strength Index (RSI) on the 14-day chart is 51.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.61, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.83%. Stochastics %K at 84.10% indicates the stock is a selling.
The most recent change occurred on August 16, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $245.
