Global-e Online (NASDAQ:GLBE) COO Shahar Tamari Sells 24,999 Shares of Stock

Global-e Online Ltd. (NASDAQ:GLBEGet Free Report) COO Shahar Tamari sold 24,999 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $41.59, for a total value of $1,039,708.41. Following the transaction, the chief operating officer directly owned 3,881,688 shares in the company, valued at $161,439,403.92. This trade represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Monday, July 6th, Shahar Tamari sold 24,999 shares of Global-e Online stock. The shares were sold at an average price of $36.81, for a total transaction of $920,213.19.
  • On Thursday, June 25th, Shahar Tamari sold 15,235 shares of Global-e Online stock. The shares were sold at an average price of $35.13, for a total transaction of $535,205.55.
  • On Friday, June 26th, Shahar Tamari sold 28,623 shares of Global-e Online stock. The shares were sold at an average price of $36.02, for a total transaction of $1,031,000.46.
  • On Thursday, June 18th, Shahar Tamari sold 2,110 shares of Global-e Online stock. The stock was sold at an average price of $32.51, for a total transaction of $68,596.10.
  • On Wednesday, June 17th, Shahar Tamari sold 14,556 shares of Global-e Online stock. The stock was sold at an average price of $32.23, for a total transaction of $469,139.88.
  • On Wednesday, June 3rd, Shahar Tamari sold 8,792 shares of Global-e Online stock. The shares were sold at an average price of $31.55, for a total transaction of $277,387.60.
  • On Thursday, June 4th, Shahar Tamari sold 7,874 shares of Global-e Online stock. The shares were sold at an average price of $33.09, for a total transaction of $260,550.66.
  • On Monday, June 1st, Shahar Tamari sold 8,333 shares of Global-e Online stock. The shares were sold at an average price of $33.59, for a total transaction of $279,905.47.
  • On Thursday, May 21st, Shahar Tamari sold 3,387 shares of Global-e Online stock. The stock was sold at an average price of $30.26, for a total transaction of $102,490.62.
  • On Wednesday, May 20th, Shahar Tamari sold 4,946 shares of Global-e Online stock. The stock was sold at an average price of $30.02, for a total transaction of $148,478.92.

Global-e Online Price Performance

Shares of GLBE stock opened at $41.02 on Friday. The company’s fifty day moving average price is $35.72 and its two-hundred day moving average price is $33.81. The firm has a market capitalization of $6.96 billion, a P/E ratio of 63.11 and a beta of 1.03. Global-e Online Ltd. has a 12 month low of $26.84 and a 12 month high of $42.38.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Wall Street Zen cut Global-e Online from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Raymond James Financial restated an “outperform” rating and set a $42.00 price objective on shares of Global-e Online in a report on Wednesday, May 13th. Jefferies Financial Group restated a “buy” rating and set a $40.00 price objective on shares of Global-e Online in a report on Wednesday, May 13th. Zacks Research lowered Global-e Online from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 3rd. Finally, Morgan Stanley reduced their target price on Global-e Online from $43.00 to $37.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Thirteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.83.

View Our Latest Stock Report on GLBE

Institutional Investors Weigh In On Global-e Online

Institutional investors have recently modified their holdings of the stock. Legal & General Group Plc lifted its stake in Global-e Online by 105.3% during the fourth quarter. Legal & General Group Plc now owns 578,139 shares of the company’s stock worth $22,727,000 after purchasing an additional 296,466 shares during the last quarter. Annex Advisory Services LLC boosted its holdings in Global-e Online by 64.4% in the fourth quarter. Annex Advisory Services LLC now owns 640,016 shares of the company’s stock worth $25,159,000 after purchasing an additional 250,625 shares during the period. Vitruvian Partners LLP increased its stake in Global-e Online by 21.9% during the fourth quarter. Vitruvian Partners LLP now owns 210,209 shares of the company’s stock valued at $8,263,000 after purchasing an additional 37,767 shares during the last quarter. Handelsbanken Fonder AB increased its stake in Global-e Online by 51.7% during the fourth quarter. Handelsbanken Fonder AB now owns 114,076 shares of the company’s stock valued at $4,484,000 after purchasing an additional 38,869 shares during the last quarter. Finally, Next Century Growth Investors LLC raised its holdings in shares of Global-e Online by 38.6% during the fourth quarter. Next Century Growth Investors LLC now owns 274,708 shares of the company’s stock worth $10,799,000 after purchasing an additional 76,452 shares during the period. Institutional investors and hedge funds own 94.60% of the company’s stock.

Key Headlines Impacting Global-e Online

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

  • Positive Sentiment: Analysts remain constructive. BMO Capital Markets raised its price target from $42 to $46 and maintained an “outperform” rating. Piper Sandler also reiterated an “overweight” rating with a $48 target. The broader consensus is “Moderate Buy,” with an average target of $44.83. BMO Capital Markets Forecasts Strong Price Appreciation for Global-e Online stock
  • Positive Sentiment: Institutional ownership provides support. Major investors including Wasatch Advisors and T. Rowe Price increased their positions, while institutional investors collectively own approximately 94.6% of Global-e Online’s shares. This suggests continued confidence among professional investors.
  • Neutral Sentiment: Insider sales were relatively small compared with holdings. CEO Amir Schlachet sold 24,999 shares on August 4 and another 1,308 shares on August 5, while COO Shahar Tamari sold 24,999 shares on August 5. President Nir Debbi also sold 14,582 shares on August 3. Each executive retained millions of shares, so the transactions may reflect planned profit-taking rather than a fundamental change in outlook. Global-e Online insider selling report
  • Negative Sentiment: Repeated insider selling may weigh on sentiment. Recent sales by multiple senior executives, including additional transactions by the CEO and president in prior months, can raise concerns about insider conviction—particularly with the stock trading near its 52-week high.
  • Negative Sentiment: Valuation leaves room for disappointment. Global-e Online trades at roughly 63 times earnings, meaning the stock’s elevated valuation depends on continued strong growth. Any slowdown in cross-border e-commerce or weaker-than-expected results could trigger volatility.

About Global-e Online

(Get Free Report)

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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Insider Buying and Selling by Quarter for Global-e Online (NASDAQ:GLBE)

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