Global Industrial (NYSE:GIC) Stock: Insider Thomas Axmacher Sells 3,759 Shares

Posted by Francis Steltz on Nov 11th, 2026

Global Industrial Company (NYSE:GIC – Get Free Report) VP Thomas Axmacher sold 3,759 shares of Global Industrial stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $46.78, for a total value of $175,846.02. Following the transaction, the vice president owned 5,253 shares in the company, valued at approximately $245,735.34. This represents a 41.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Thomas Axmacher also recently made the following trade(s):

On Monday, November 9th, Thomas Axmacher sold 648 shares of Global Industrial stock. The shares were sold at an average price of $47.40, for a total value of $30,715.20.
On Friday, November 6th, Thomas Axmacher sold 1,314 shares of Global Industrial stock. The shares were sold at an average price of $46.80, for a total value of $61,495.20.
On Thursday, August 13th, Thomas Axmacher sold 952 shares of Global Industrial stock. The stock was sold at an average price of $39.10, for a total value of $37,223.20.

Global Industrial Price Performance

Shares of Global Industrial stock opened at $47.39 on Wednesday. The company has a market capitalization of $1.81 billion, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 1.50 and a beta of 0.75. The business has a 50-day moving average of $42.71 and a two-hundred day moving average of $35.47. Global Industrial Company has a 1 year low of $26.40 and a 1 year high of $51.63.

Global Industrial Announces Dividend

The firm also recently disclosed a special dividend, which will be paid on Monday, November 23rd. Investors of record on Monday, November 16th will be given a $1.00 dividend. The ex-dividend date is Monday, November 16th. Global Industrial’s payout ratio is currently 46.67%.

Key Global Industrial News

Here are the key news stories impacting Global Industrial this week:

Positive Sentiment: Global Industrial declared a $1.00-per-share special dividend, payable November 23 to shareholders of record November 16. The payout may attract income-focused investors and provide support for sentiment. Global Industrial company and dividend information
Neutral Sentiment: Wall Street Zen lowered its rating from “strong buy” to “buy”—a less bullish view, but not a sell recommendation. The article provides no new price target. Wall Street Zen rating report
Negative Sentiment: VP Thomas Axmacher sold 5,721 shares in transactions on November 5, 6 and 9, totaling about $268,056. His reported holdings fell to 3,291 shares. Insider sales can raise caution, although they do not by themselves indicate a change in the company’s prospects. SEC filing on insider transactions

Analyst Upgrades and Downgrades

GIC has been the topic of several research analyst reports. Wall Street Zen downgraded shares of Global Industrial from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Freedom Broker initiated coverage on shares of Global Industrial in a research note on Wednesday, October 14th. They issued a “hold” rating and a $39.00 price target on the stock. Finally, Weiss Ratings cut shares of Global Industrial from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, September 25th. Three research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $39.00.

Check Out Our Latest Report on Global Industrial

Hedge Funds Weigh In On Global Industrial

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ieq Capital LLC acquired a new stake in shares of Global Industrial in the 3rd quarter valued at about $396,000. Edgestream Partners L.P. acquired a new position in shares of Global Industrial during the third quarter worth about $5,503,000. Russell Investments Group Ltd. boosted its position in shares of Global Industrial by 92.9% during the third quarter. Russell Investments Group Ltd. now owns 28,202 shares of the company’s stock worth $1,184,000 after buying an additional 13,581 shares during the period. State of Wyoming boosted its position in shares of Global Industrial by 17.2% during the third quarter. State of Wyoming now owns 7,679 shares of the company’s stock worth $322,000 after buying an additional 1,125 shares during the period. Finally, Signaturefd LLC grew its holdings in shares of Global Industrial by 143.3% during the third quarter. Signaturefd LLC now owns 1,428 shares of the company’s stock worth $60,000 after buying an additional 841 shares in the last quarter. 31.19% of the stock is owned by institutional investors and hedge funds.

Global Industrial Company Profile

(Get Free Report)

Global Industrial Company is a distributor of industrial and commercial products, serving businesses, government organizations and other institutions. The company sells through its e-commerce platform and sales teams, with operations focused on the United States and Canada. Its broad product range includes material-handling and storage equipment, tools, safety supplies, furniture, janitorial products, packaging materials and maintenance, repair and operations supplies. Products are offered under the Global Industrial brand as well as through third-party manufacturers.