Global-e Online Ltd. (NASDAQ:GLBE – Get Free Report) President Nir Debbi sold 14,582 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $40.11, for a total transaction of $584,884.02. Following the completion of the transaction, the president directly owned 4,430,285 shares of the company’s stock, valued at $177,698,731.35. This trade represents a 0.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Nir Debbi also recently made the following trade(s):
- On Friday, July 10th, Nir Debbi sold 150 shares of Global-e Online stock. The stock was sold at an average price of $39.02, for a total transaction of $5,853.00.
- On Wednesday, July 1st, Nir Debbi sold 8,332 shares of Global-e Online stock. The shares were sold at an average price of $35.82, for a total value of $298,452.24.
- On Thursday, June 25th, Nir Debbi sold 5,180 shares of Global-e Online stock. The shares were sold at an average price of $34.66, for a total value of $179,538.80.
- On Wednesday, June 24th, Nir Debbi sold 6,890 shares of Global-e Online stock. The stock was sold at an average price of $34.02, for a total value of $234,397.80.
- On Monday, June 15th, Nir Debbi sold 4,166 shares of Global-e Online stock. The stock was sold at an average price of $32.47, for a total value of $135,270.02.
- On Monday, June 1st, Nir Debbi sold 9,233 shares of Global-e Online stock. The shares were sold at an average price of $33.70, for a total value of $311,152.10.
- On Tuesday, June 2nd, Nir Debbi sold 449 shares of Global-e Online stock. The shares were sold at an average price of $33.33, for a total value of $14,965.17.
- On Thursday, May 21st, Nir Debbi sold 1,863 shares of Global-e Online stock. The stock was sold at an average price of $30.25, for a total value of $56,355.75.
- On Wednesday, May 20th, Nir Debbi sold 2,303 shares of Global-e Online stock. The stock was sold at an average price of $30.01, for a total value of $69,113.03.
Global-e Online Stock Performance
Shares of NASDAQ GLBE opened at $41.57 on Thursday. Global-e Online Ltd. has a 52-week low of $26.84 and a 52-week high of $42.38. The business has a fifty day moving average of $35.50 and a two-hundred day moving average of $33.78. The stock has a market cap of $7.06 billion, a PE ratio of 63.95 and a beta of 1.03.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on Global-e Online
Hedge Funds Weigh In On Global-e Online
A number of institutional investors have recently modified their holdings of the stock. Annex Advisory Services LLC increased its holdings in shares of Global-e Online by 37.8% in the second quarter. Annex Advisory Services LLC now owns 88,076 shares of the company’s stock valued at $3,059,000 after purchasing an additional 24,179 shares in the last quarter. Wasatch Advisors LP raised its position in Global-e Online by 28.1% in the 2nd quarter. Wasatch Advisors LP now owns 8,275,194 shares of the company’s stock worth $287,397,000 after purchasing an additional 1,816,606 shares during the last quarter. Handelsbanken Fonder AB lifted its holdings in Global-e Online by 38.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 174,989 shares of the company’s stock worth $6,077,000 after buying an additional 48,145 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in Global-e Online by 8.3% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 8,224 shares of the company’s stock worth $286,000 after buying an additional 631 shares in the last quarter. Finally, Moody National Bank Trust Division boosted its position in Global-e Online by 39.1% in the 2nd quarter. Moody National Bank Trust Division now owns 43,765 shares of the company’s stock valued at $1,520,000 after buying an additional 12,300 shares during the last quarter. 94.60% of the stock is owned by institutional investors.
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.
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