Global-e Online (NASDAQ:GLBE) COO Shahar Tamari Sells 25,949 Shares

Global-e Online Ltd. (NASDAQ:GLBE) COO Shahar Tamari sold 25,949 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $34.79, for a total value of $902,765.71. Following the completion of the transaction, the chief operating officer owned 3,790,225 shares in the company, valued at approximately $131,861,927.75. The trade was a 0.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shahar Tamari also recently made the following trade(s):

• On Wednesday, April 15th, Shahar Tamari sold 4,326 shares of Global-e Online stock. The stock was sold at an average price of $33.09, for a total value of $143,147.34.
• On Wednesday, April 8th, Shahar Tamari sold 4,007 shares of Global-e Online stock. The shares were sold at an average price of $32.26, for a total value of $129,265.82.
• On Monday, April 6th, Shahar Tamari sold 8,333 shares of Global-e Online stock. The shares were sold at an average price of $31.20, for a total transaction of $259,989.60.
• On Wednesday, March 18th, Shahar Tamari sold 16,666 shares of Global-e Online stock. The shares were sold at an average price of $33.81, for a total transaction of $563,477.46.

Global-e Online Stock Performance

GLBE stock opened at $33.91 on Monday. The stock has a market cap of $5.76 billion, a P/E ratio of 91.65 and a beta of 1.28. Global-e Online Ltd. has a twelve month low of $27.80 and a twelve month high of $43.21. The company’s 50 day moving average is $33.01 and its two-hundred day moving average is $35.79.

Institutional Trading of Global-e Online

Several hedge funds have recently made changes to their positions in GLBE. SG Americas Securities LLC boosted its holdings in Global-e Online by 6.4% in the 1st quarter. SG Americas Securities LLC now owns 1,365,092 shares of the company’s stock valued at $42,113,000 after purchasing an additional 81,784 shares in the last quarter. Arohi Asset Management PTE Ltd. raised its stake in shares of Global-e Online by 0.6% during the 4th quarter. Arohi Asset Management PTE Ltd. now owns 3,780,304 shares of the company’s stock worth $148,604,000 after buying an additional 23,213 shares in the last quarter. Vident Advisory LLC lifted its holdings in shares of Global-e Online by 10.5% in the 4th quarter. Vident Advisory LLC now owns 14,866 shares of the company’s stock valued at $584,000 after buying an additional 1,413 shares during the period. XTX Topco Ltd acquired a new stake in shares of Global-e Online in the 4th quarter valued at approximately $689,000. Finally, Twinbeech Capital LP purchased a new stake in shares of Global-e Online in the fourth quarter valued at approximately $208,000. Institutional investors and hedge funds own 94.60% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Truist Financial reduced their price target on shares of Global-e Online from $43.00 to $42.00 and set a “hold” rating for the company in a research report on Thursday, February 26th. Morgan Stanley reaffirmed an “overweight” rating on shares of Global-e Online in a report on Thursday, February 19th. Bank of America assumed coverage on Global-e Online in a report on Tuesday, March 31st. They issued a “buy” rating and a $43.00 target price for the company. Weiss Ratings raised Global-e Online from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Friday, March 27th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Global-e Online in a research report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $47.58.

Global-e Online News Roundup

Here are the key news stories impacting Global-e Online this week:

• Positive Sentiment: Brokerage coverage remains constructive — GLBE has a consensus rating of “Moderate Buy” with several recent upgrades and raised price targets (Benchmark raised its target to $60, UBS maintains a “buy”, Zacks and WallStreetZen upgraded). This analyst momentum supports investor confidence. Article Title
• Positive Sentiment: Large institutional accumulation — multiple funds (Price T. Rowe, Dragoneer, Wasatch, Janus Henderson) have materially increased holdings, leaving roughly 94.6% of float held by institutions, which can underpin buy-side demand. MarketBeat GLBE
• Neutral Sentiment: Business fundamentals remain unchanged in reporting — Global-e is a cross-border e‑commerce platform with scalable SaaS + payments offerings; long-term growth story intact but valuation (high P/E) implies expectations for continued revenue expansion. Company Profile
• Negative Sentiment: Multiple insider sales by executives — CEO Amir Schlachet sold 16,666 shares (~$560.8k) and earlier sold 4,332 shares; President Nir Debbi sold several tranches (including 4,166 shares ~ $137.7k and later smaller lots); COO Shahar Tamari sold 4,326 shares (~$143.1k). Each sale represented only small percentage reductions in their large holdings, but clustered sales can be perceived negatively by some investors. CEO filing

Global-e Online Company Profile

Global-e Online Ltd. (NASDAQ: GLBE) is a leading cross-border e-commerce platform that enables online merchants to expand sales internationally. The company’s cloud-based solution integrates with major e-commerce systems to offer localized checkout experiences, dynamic currency conversion, import duties and taxes calculation, fraud prevention, and compliance with local trade regulations. By managing the end-to-end complexities of global transactions, Global-e helps retailers streamline their international operations and deliver a seamless shopping experience to customers worldwide.

Central to Global-e’s offering is a comprehensive suite of services that includes customizable checkout in the buyer’s local language, real-time display of prices in over 140 currencies, support for region-specific payment methods, and transparent calculation of duties and taxes at point of sale.