Exploring Globant S.A. (GLOB) Investor Profile: Who’s Buying and Why?

You're looking at Globant S.A. (GLOB) because its digital transformation and AI focus seems like a clear winner, but the stock's volatile movements-especially near earnings-make you wonder who's truly driving the price and why they are buying, or selling, right now.

The investor profile is a story of institutional conviction meeting near-term caution: over 733 institutional owners hold more than 54.4 million shares, yet their recent activity is mixed, suggesting a split view on the company's ability to hit its full-year 2025 guidance of at least $2,447.4 million in Revenue and $6.12 in Non-IFRS Adjusted Diluted EPS. For example, while firms like BlackRock, Inc. remain a top holder, Price T Rowe Associates cut their position by a massive 74.60% in a recent quarter, while Invesco Small Cap Value Fund boosted theirs by 51.85%. This churn matters because the institutional money controls the narrative, especially when the company's Q3 2025 revenue growth slowed to just 0.4% year-over-year, even as its North America revenue still accounted for 53.8% of the total. Are the big buyers betting on the long-term AI strategy, or are the sellers reacting to the fact that the top ten customers still represent a significant 29.5% of revenues, posing a concentration risk?

Who Invests in Globant S.A. (GLOB) and Why?

If you are looking at Globant S.A. (GLOB), the digital and AI-powered solutions company, you are primarily looking at a stock driven by institutional money. The direct takeaway is that Globant's investor base is overwhelmingly made up of large, sophisticated funds betting on its long-term growth in the Artificial Intelligence (AI) and digital transformation space, not on dividends or a cheap valuation.

As of late 2025, institutional investors-the mutual funds, pension funds, and asset managers-hold the lion's share of the company. Specifically, institutional ownership stands at approximately 95.05% of the shares outstanding, representing about 41.87 million shares as of October 31, 2025. That is a high concentration, which means the stock price is defintely sensitive to the buying and selling patterns of these large players. Retail investors, while numerous, hold a much smaller piece of the float.

The Institutional Heavyweights: Who They Are and What They Want

Globant S.A. has a roster of over 700 institutional owners, including some of the largest asset managers in the world. These institutions are not just passive holders; they are making a strategic bet on the next wave of enterprise technology spending. They are growth investors, pure and simple.

Here is a quick look at the major types of institutional investors and their stake as of the most recent reporting periods in 2025:

• Asset Managers (Mutual Funds/ETFs): Firms like BlackRock, Inc. and T. Rowe Price Group, Inc. are among the top holders. They are often looking for companies that can deliver consistent, above-market revenue growth to anchor their large-cap and growth-focused funds. BlackRock, Inc. alone holds about 5.59% of the shares outstanding.
• Sovereign Wealth Funds: GIC Private Limited, a sovereign wealth fund, is a significant shareholder, holding a 6.17% stake. These funds typically take a very long-term view, often measured in decades, seeking stable growth from global technology leaders.
• Hedge Funds: Names like D. E. Shaw & Co., L.P. and Alyeska Investment Group, L.P. are also in the mix. While some may engage in short-term trading, their presence often signals a belief in a near-term catalyst or a mispriced growth opportunity.

Investment Motivations: The AI-First Growth Story

The core motivation for buying Globant S.A. stock in 2025 is the company's positioning as a full-stack AI company focused on digital transformation. Investors see the company's 'AI Pods' and subscription model as a key differentiator in a competitive IT services market. This is a growth story, not a value play. The company does not pay a dividend, so nobody is buying it for income.

The numbers back up the growth focus, even in a challenging macro environment. Globant's full-year 2025 revenue is estimated to be at least $2,447.4 million, and the Non-IFRS Adjusted Diluted Earnings Per Share (EPS) is projected to be at least $6.12. While growth has slowed, the expected acceleration, driven by AI demand, is what keeps these large funds interested. You can find a deeper dive into the health of the balance sheet here: Breaking Down Globant S.A. (GLOB) Financial Health: Key Insights for Investors

Here's the quick math on the growth thesis: investors are looking past the Q3 2025 IFRS diluted EPS of $0.73 and focusing on the pipeline growth, which was up 25% year-over-year to $3.7 billion as of mid-2025. That pipeline is a direct measure of future revenue potential from AI and digital projects.

Strategies: Long-Term Holding and Capital Allocation

The dominant strategy among the institutional holders is a long-term holding approach, betting on the company's ability to capture market share in the multi-trillion-dollar AI transformation market. Their investment horizon is often five years or more. Still, a key action that appeals to value-conscious investors is the company's capital allocation strategy.

The board approved a new share repurchase program, authorizing up to $125 million for the repurchase of common shares starting in the fourth quarter of 2025 through the fourth quarter of 2026. This is a concrete action that signals management's confidence in the stock being undervalued and a commitment to enhancing shareholder value. It is a form of capital return that is more growth-stock-friendly than a traditional dividend.

The strategies generally fall into these buckets:

• Growth Investing: Buying and holding the stock for its high revenue growth potential, especially in AI.
• Thematic Investing: Using Globant S.A. as a core holding for a portfolio focused on digital transformation and AI adoption.
• Value-Oriented Investing (Opportunistic): Buying during periods of stock price weakness, seeing the share repurchase program as a floor and a sign of future value creation.

Your next step should be to look at the analyst consensus on that $6.12 EPS estimate and see how much of it is already baked into the current stock price, especially considering the recent volatility.

Institutional Ownership and Major Shareholders of Globant S.A. (GLOB)

You want to know who is buying Globant S.A. (GLOB) and why, and the short answer is: a lot of big funds are still heavily committed, but there's a clear divergence in strategy right now. Institutional investors-the mutual funds, pension funds, and asset managers like BlackRock, Inc.-own a commanding share of the company. As of the latest data, institutional investors hold roughly 91.6% of Globant S.A.'s stock. That's a massive concentration, meaning their collective decisions defintely move the stock.

Here's the quick math: with institutional investors holding over 49.7 million total shares, their buying or selling activity is the primary driver of price volatility. You need to watch these players, because they are the market.

Top Institutional Investors and Their Stakes

The largest institutional holders of Globant S.A. are a mix of passive index trackers and active asset managers. BlackRock, Inc. is a major player, as you'd expect in a high-growth tech name, but other firms are making significant, targeted bets. The data below reflects positions as of the September 30, 2025, filings (Q3 2025).

Recent Shifts: Who's Buying and Who's Selling?

The third quarter of 2025 saw a fascinating split among the big money. While the total number of institutional owners actually dipped by 41, or 5.26%, the overall institutional share count only decreased slightly by 1.08% to 49,747K shares. This tells you that a few large funds were either trimming or exiting, but the remaining players were consolidating their positions.

The most telling moves were the aggressive accumulation by a few key players. BlackRock, Inc. boosted its stake by over 68%, adding a million shares. Even more dramatic, ARGA Investment Management, LP increased its position by a staggering 99.29%. This isn't a passive move; it signals a high-conviction bet on a turnaround or a deep-value play after the stock's significant price drop from 2024 highs.

• Buyers: BlackRock, Inc. and ARGA Investment Management, LP were major accumulators, signaling confidence in the long-term growth story.
• Sellers: Price T Rowe Associates, Inc. MD, for example, slashed its holding by a massive 74.60% in the last quarter, a clear flight to safety or a shift in sector focus.

The market is clearly polarized on Globant S.A. right now. You have active managers either aggressively buying the dip or aggressively cutting losses.

Impact on Stock Price and Strategy

These large institutional positions play a critical role beyond just stock price movement. They influence the board and management decisions, especially when a company is facing headwinds. When a stock is down significantly, as Globant S.A. shares have been, institutional investors often push for capital allocation moves to support the price.

A concrete example of this influence is the board-authorized $125 million share buyback program announced in October 2025. A buyback signals to the market that the company's own leadership, often guided by the pressure and analysis of its largest shareholders, believes the stock is undervalued. This action is a direct attempt to put a floor under the share price and boost earnings per share (EPS). For the 2025 fiscal year, the projected non-GAAP EPS is $8.93, and the buyback will help support future growth in that number.

Also, keep in mind the current sentiment: the put/call ratio for Globant S.A. is 1.29, which indicates a slightly bearish sentiment among actively-managed funds. This is a check on the aggressive buying, suggesting some investors are hedging their bets or anticipating further near-term volatility. If you want a deeper dive into the fundamentals driving these decisions, you should read Breaking Down Globant S.A. (GLOB) Financial Health: Key Insights for Investors.

Your next step is to monitor the Q4 2025 filings to see if the aggressive buying by firms like BlackRock, Inc. continues, or if the selling pressure from others accelerates. That will tell you which side of the market is winning the argument.

Key Investors and Their Impact on Globant S.A. (GLOB)

If you're looking at Globant S.A. (GLOB), you need to understand who actually owns the company, because their buying and selling dictates a lot of the stock's volatility. The short answer is: institutional investors, the big money managers, own the vast majority-around 91.6% of the stock is held by institutions as of late 2025. This high concentration means the stock is heavily influenced by the quarterly portfolio adjustments of these giants.

The total institutional shares held were approximately 49.747 million as of November 14, 2025, spread across 739 funds. While this number of owners is high, the top few investors really drive the narrative. The sheer size of these holdings means their investment style-be it passive indexing or active management-is what you're defintely tracking for directional cues.

The Heavy Hitters: Who Holds the Largest Stakes?

The list of top shareholders in Globant S.A. reads like a who's who of global asset management. These are not small players; they are the funds that manage trillions of dollars and whose moves are often dictated by broad market trends or their specific investment mandates. Here's a quick look at some of the largest holders and their reported stakes in 2025:

• BlackRock, Inc.: As a massive index fund manager, BlackRock is a perennial top holder. As of September 29, 2025, they held approximately 2,461,041 shares, representing a 5.59% stake.
• Wasatch Advisors: This active manager held about 3,255K shares, or 7.39% ownership, as of November 14, 2025. Their position is notable for its size relative to the company's float.
• GIC Private Limited: The sovereign wealth fund of Singapore is a significant long-term investor, holding 2,717,764 shares, or 6.17%, as of March 30, 2025.

To be fair, many of these are passive stakes, meaning the investor simply buys the stock because Globant S.A. is part of a major index, like the S&P 500 or Russell 2000, that their fund tracks. This is why BlackRock, with its huge index fund business, is always near the top.

Recent Moves: Reading the Buy/Sell Signals

The real insight comes from looking at the recent changes in these positions. The last few quarters of 2025 have shown a mixed, but telling, picture among active managers, reflecting the broader tech services market uncertainty. Here's the quick math on some key shifts reported around November 2025:

The huge increase by ARGA Investment Management, for example, suggests a strong conviction in Globant S.A.'s value proposition at its current price, especially considering the stock's decline from its high. Conversely, the sharp reduction by Price T Rowe Associates indicates a significant portfolio reallocation away from the stock, which can put downward pressure on the price. This divergence is a classic signal of a stock at a crossroads, where active managers are split on the near-term outlook.

Investor Influence and Company Direction

Given that institutional investors hold over 90% of the shares, their influence is substantial, even if it's mostly passive. They hold the voting power on major corporate governance issues, like electing directors and approving mergers. You can learn more about the company's foundation and structure here: Globant S.A. (GLOB): History, Ownership, Mission, How It Works & Makes Money.

What this high institutional ownership hides is the lack of a major activist investor (a Schedule 13D filer) publicly pushing for a strategic change. Most of the largest stakes are categorized as passive (Schedule 13G), meaning they aren't actively trying to change management or strategy. However, the collective institutional sentiment still matters. When total institutional shares decreased by 1.08% in the last three months of 2025, it contributed to the bearish sentiment reflected in the put/call ratio of 1.29. This collective selling pressure, even if small, is a clear headwind.

The company itself is responding to this market pressure, having authorized a $125 million share buyback, which permits them to reacquire up to 5% of its shares. This action is a direct signal to the market that management believes the stock is undervalued, offering a counter-narrative to the institutional selling. For the 2025 fiscal year, the company is guiding for a projected annual revenue of $3,135 million and a non-GAAP EPS of $8.93. The buyback is a concrete action to support the stock as it works to deliver on those numbers.

Market Impact and Investor Sentiment

If you're looking at Globant S.A. (GLOB) right now, you're seeing a classic tug-of-war between long-term institutional conviction and near-term growth anxiety. The core takeaway is that while the smart money is still heavily invested, recent performance has definitely soured the short-term mood.

Institutional ownership-the big funds like BlackRock and Vanguard-remains remarkably high, signaling a belief in the company's long-term digital transformation and AI strategy. As of late October 2025, institutional investors held approximately 95.05% of the outstanding shares, which is a massive concentration.

But here's the quick math on the mixed sentiment: over the last twelve months, institutional buyers poured in roughly $2.20 billion, significantly outpacing the $1.51 billion in outflows from sellers. Still, the total shares owned by institutions actually decreased by a small but telling 1.08% in the most recent quarter, and the options market's put/call ratio of 1.29 suggests a short-term bearish (pessimistic) outlook.

Recent Market Reactions to Key Investor Moves

The stock market has been unforgiving lately, punishing even minor slips in a tough macro environment. The most recent major reaction came on November 13, 2025, following the Q3 2025 earnings release. Globant S.A. reported non-GAAP Earnings Per Share (EPS) of $1.53, which missed the consensus estimate of $1.55. The stock immediately dropped approximately 4.3% in after-hours trading, showing just how sensitive investors are to any profitability miss, even when revenue of $617.14 million slightly beat some expectations.

The company is trying to signal confidence, though. In October 2025, the board authorized a $125 million share repurchase plan, a move that typically indicates management believes the stock is undervalued. This is a concrete action that should put a floor under the stock, but it hasn't completely offset the broader market's concern about the pace of organic growth.

• Stock closed at around $62.88 on November 21, 2025.
• The 52-week high was a staggering $235.08.
• The Q3 2025 EPS miss was only $0.02, but the reaction was sharp.

Analyst Perspectives and Key Investor Impact

The analyst community is largely in the 'Hold' camp right now, reflecting the dual nature of Globant S.A.'s story: a strong long-term AI-driven vision paired with a challenging near-term growth profile. The average 12-month price target is wide, ranging from roughly $76.10 to $95.71, suggesting a potential upside of 20-50% from the current price, but this is down from earlier in the year.

You've seen a wave of downgrades and price target cuts just this month. Jefferies, for example, downgraded the stock from Buy to Hold on November 20, 2025, slashing their price target from $80.00 to $61.00. The reason is clear: organic growth is lagging peers due to exposure to underperforming regions and verticals, and a return to normalized growth will take time.

The influence of key investors like BlackRock and Vanguard (through their index funds and active strategies) is less about short-term trading and more about endorsing the long-term thesis-that the shift to digital and artificial intelligence (AI) consulting is secular (long-lasting). Their sustained high ownership acts as a stabilizing force, but it doesn't prevent the stock from reacting to poor guidance. If you want to dig deeper into the fundamentals that support this long-term view, check out Breaking Down Globant S.A. (GLOB) Financial Health: Key Insights for Investors.

Here is a snapshot of the most recent analyst actions, showing the clear trend of price target compression:

The consensus is not a sell, but a cautious 'Hold.' The market is telling you to wait for clearer signs that the AI-led initiatives are translating into accelerated revenue growth, which is defintely the core risk right now.