Insider Saba Capital Management – L.P. Sold 50000 shares of BlackRock Debt Strategies Fund, Inc. (DSU); Globant S.A. (GLOB) Had 6 Bulls

Among 10 analysts covering Globant SA (NYSE:GLOB), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Globant SA had 24 analyst reports since July 27, 2015 according to SRatingsIntel. SunTrust maintained Globant S.A. (NYSE:GLOB) on Thursday, November 16 with “Hold” rating. The firm earned “Hold” rating on Monday, May 16 by Jefferies. The rating was downgraded by KeyBanc Capital Markets to “Sector Weight” on Friday, July 7. The firm has “Hold” rating given on Thursday, September 28 by KeyBanc Capital Markets. Pacific Crest upgraded Globant S.A. (NYSE:GLOB) on Thursday, January 12 to “Overweight” rating. On Friday, July 28 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Globant S.A. (NYSE:GLOB) has “Buy” rating given on Thursday, October 12 by Cowen & Co. The rating was initiated by Jefferies on Wednesday, August 12 with “Hold”. The firm has “Hold” rating by SunTrust given on Friday, October 20. The stock of Globant S.A. (NYSE:GLOB) earned “Outperform” rating by Wedbush on Friday, September 9. See Globant S.A. (NYSE:GLOB) latest ratings:

16/11/2017 Broker: SunTrust Rating: Hold New Target: $45.0 Maintain
17/11/2017 Broker: Cantor Fitzgerald Rating: Neutral Old Target: $42 New Target: $36 Maintain
20/10/2017 Broker: SunTrust Rating: Hold New Target: $48.0 Maintain
12/10/2017 Broker: Cowen & Co Rating: Buy New Target: $50.0 Maintain
28/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
18/08/2017 Broker: Cantor Fitzgerald Rating: Hold New Target: $42.0
28/07/2017 Broker: Cowen & Co Rating: Buy New Target: $50.0000 Maintain
27/07/2017 Broker: SunTrust Old Rating: Buy New Rating: Hold Downgrade

The well informed insider Saba Capital Management – L.P. of Blackrock Debt Strategies Fund Inc sold 50,000 shares of the firm valued at near $586,500 U.S. Dollars totalled based on $11.7 per share. The regulatory filing shows that Saba Capital Management – L.P. now has rights to around 13.69% of the Delaware-based company’s market cap

Globant S.A. develops and provides software solutions to clients in North America, the Latin America, Europe, and Asia. The company has market cap of $1.68 billion. It offers API management, e-commerce, and digital solutions; graphics engineering, game engineering, gaming experience, VR/AR development, and digital platform services; Big Data services, such as data integration, data architecture, scalable platform, blockchain, data visualization, and data science; testing center, test automation, mobile testing, and load and performance testing services. It has a 60.81 P/E ratio. The firm also provides enterprise consumerization services, including enterprise operations, collaboration solutions, cloud development, and talent management; UX design services comprising service, user experience, industrial design, and visual design; and native development, product development, and enterprise mobility services for mobiles.

The stock decreased 0.23% or $0.11 during the last trading session, reaching $47.98. About 120,349 shares traded. Globant S.A. (NYSE:GLOB) has risen 4.32% since January 24, 2017 and is uptrending. It has underperformed by 12.38% the S&P500.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.04, from 1.06 in 2017Q2. It dropped, as 20 investors sold Globant S.A. shares while 27 reduced holdings. 23 funds opened positions while 25 raised stakes. 22.09 million shares or 4.19% less from 23.06 million shares in 2017Q2 were reported. Barclays Public Lc accumulated 3,181 shares. Fisher Asset Management Ltd Limited Liability Company holds 19,016 shares or 0% of its portfolio. The Texas-based Dimensional Fund Advisors Ltd Partnership has invested 0% in Globant S.A. (NYSE:GLOB). Amer Cap Inc has invested 0.02% in Globant S.A. (NYSE:GLOB). Bancorporation Of America Corporation De invested 0% in Globant S.A. (NYSE:GLOB). Federated Investors Pa accumulated 115,693 shares or 0.01% of the stock. Blair William & Il reported 0.02% in Globant S.A. (NYSE:GLOB). Moreover, Landscape Capital Mngmt Limited has 0.02% invested in Globant S.A. (NYSE:GLOB). Eqis Cap Mngmt accumulated 0.01% or 5,361 shares. Denver Investment Advsrs Ltd Liability Corporation owns 10,283 shares. Stephens Mgmt Group Lc holds 0.22% or 235,287 shares. Huntington Fincl Bank holds 0% or 1,108 shares in its portfolio. Wealthtrust holds 216 shares or 0% of its portfolio. Fil Ltd holds 106,378 shares or 0.01% of its portfolio. Fmr Ltd Liability holds 144,534 shares or 0% of its portfolio.

The stock decreased 0.30% or $0.03 during the last trading session, reaching $11.7. About 353,811 shares traded or 110.11% up from the average. BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) has risen 10.76% since January 24, 2017 and is uptrending. It has underperformed by 5.94% the S&P500.

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