Insider Selling: Corning (NYSE:GLW) VP Sells 1,531 Shares of Stock

Corning Incorporated (NYSE:GLW) VP John Zhang sold 1,531 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $133.75, for a total value of $204,771.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Corning Stock Performance

Corning stock traded down $1.30 during midday trading on Thursday, hitting $131.60. 12,258,979 shares of the company’s stock were exchanged, compared to its average volume of 9,131,553. Corning Incorporated has a 12-month low of $37.31 and a 12-month high of $136.83. The stock has a market cap of $112.83 billion, a price-to-earnings ratio of 71.52, a price-to-earnings-growth ratio of 2.22 and a beta of 1.13. The firm’s 50 day simple moving average is $95.80 and its 200 day simple moving average is $83.83. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.59.

Corning (NYSE:GLW) last posted its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, beating the consensus estimate of $0.71 by $0.01. Corning had a return on equity of 18.72% and a net margin of 10.21%.The firm had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.35 billion. During the same period in the prior year, the business earned $0.57 EPS. The firm’s revenue was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Equities research analysts predict that Corning Incorporated will post 2.33 EPS for the current year.

Corning Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, February 27th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.12 dividend on an annualized basis and a yield of 0.9%. Corning’s dividend payout ratio is presently 60.87%.

Key Headlines Impacting Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Corning reported strong 2025 results and disclosed a roughly $6 billion Meta AI fiber/cable contract, which materially boosts near-term revenue visibility for its optical-fiber business and drove earlier upside in the stock. Corning Up After Results & Meta Deal
• Positive Sentiment: The Board declared a quarterly dividend of $0.28 per share (record Feb. 27; payable Mar. 30), which supports shareholder returns as the company scales into AI/telecom projects. Yield remains modest (~0.8%) but signals return-of-capital discipline. Dividend Announcement
• Positive Sentiment: Market commentary and fund flows are rotating into AI infrastructure beneficiaries, with Corning singled out as an AI-infrastructure play — this momentum amplified the post-earnings move. AI Inflows Coverage
• Neutral Sentiment: Analysts have raised ratings/targets after the results (several Buy/Outperform notes), but consensus targets vary and the stock now trades at a rich multiple versus history (P/E in the 70s), reflecting high growth expectations. Analyst Coverage & Valuation
• Negative Sentiment: Multiple insider sales (COO Avery Nelson III sold 6,262 shares on Feb. 9 and additional shares on Feb. 11) have been disclosed; such clustered executive selling can trigger short-term selling pressure and negative perception. Nelson Form 4
• Negative Sentiment: EVP Lewis Steverson materially reduced his stake (15,366 shares sold) and other insiders (including Eric Musser) also sold shares; aggregated insider selling is likely weighing on intraday sentiment and volume. Steverson Form 4 Musser Form 4

Analysts Set New Price Targets

Several analysts have recently issued reports on GLW shares. Weiss Ratings cut shares of Corning from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, January 27th. Citigroup boosted their price target on Corning from $102.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Zacks Research downgraded Corning from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Mizuho lifted their price objective on Corning from $97.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. Finally, Wolfe Research set a $130.00 target price on shares of Corning and gave the stock an “outperform” rating in a research report on Tuesday, January 27th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Corning currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.36.

Hedge Funds Weigh In On Corning

Institutional investors and hedge funds have recently bought and sold shares of the stock. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Corning during the third quarter worth $25,000. Berbice Capital Management LLC purchased a new stake in Corning during the 4th quarter worth $26,000. Basepoint Wealth LLC acquired a new position in Corning in the 4th quarter worth $26,000. Strengthening Families & Communities LLC purchased a new position in Corning in the 3rd quarter valued at about $27,000. Finally, Total Investment Management Inc. purchased a new position in Corning in the 2nd quarter valued at about $28,000. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Corning Company Profile

Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.

Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.