Global-e Online Ltd. $GLBE Position Lowered by Sumitomo Mitsui Trust Group Inc.

Posted by Brenda Bartman on Nov 7th, 2026

Sumitomo Mitsui Trust Group Inc. lessened its position in shares of Global-e Online Ltd. (NASDAQ:GLBE – Free Report) by 5.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 210,164 shares of the company’s stock after selling 12,324 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.12% of Global-e Online worth $8,350,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Wasatch Advisors LP increased its stake in Global-e Online by 28.1% in the second quarter. Wasatch Advisors LP now owns 8,275,194 shares of the company’s stock valued at $287,397,000 after acquiring an additional 1,816,606 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Global-e Online by 3,232.4% in the 2nd quarter. Wellington Management Group LLP now owns 2,101,009 shares of the company’s stock valued at $72,968,000 after purchasing an additional 2,037,962 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Global-e Online by 4.0% in the 1st quarter. Janus Henderson Group PLC now owns 2,360,866 shares of the company’s stock valued at $72,833,000 after purchasing an additional 91,384 shares in the last quarter. Spyglass Capital Management LLC boosted its holdings in shares of Global-e Online by 1.1% in the 2nd quarter. Spyglass Capital Management LLC now owns 1,958,379 shares of the company’s stock valued at $68,015,000 after purchasing an additional 20,610 shares in the last quarter. Finally, Keenan Capital LLC increased its stake in shares of Global-e Online by 4.8% in the 2nd quarter. Keenan Capital LLC now owns 1,955,262 shares of the company’s stock valued at $67,906,000 after purchasing an additional 90,000 shares during the last quarter. Institutional investors and hedge funds own 94.60% of the company’s stock.

Key Global-e Online News

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

Positive Sentiment: Analyst coverage cited in a recent report remains broadly favorable: 13 analysts rated GLBE Buy and three Hold, with an average price target of $48.08. Insider trading report
Negative Sentiment: President Nir Debbi sold a combined 132,651 shares in transactions from November 2–5, while COO Shahar Tamari sold 28,228 shares on November 4–5. The sales may weigh on sentiment, although both executives retain multi-million-share holdings and the reported reductions were small relative to their positions. SEC filing for President’s trades SEC filing for COO’s trades

Insider Activity

In other news, CEO Amir Schlachet sold 100,000 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $42.10, for a total transaction of $4,210,000.00. Following the completion of the sale, the chief executive officer directly owned 3,848,286 shares in the company, valued at $162,012,840.60. This represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Nir Debbi sold 100,000 shares of Global-e Online stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $44.59, for a total transaction of $4,459,000.00. Following the transaction, the president directly owned 4,242,793 shares of the company’s stock, valued at $189,186,139.87. This represents a 2.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 742,889 shares of company stock worth $30,637,208 in the last 90 days. 11.60% of the stock is owned by company insiders.

Global-e Online Stock Down 0.8%

GLBE traded down $0.36 during midday trading on Friday, hitting $42.97. 895,483 shares of the company were exchanged, compared to its average volume of 1,321,050. The firm has a market capitalization of $7.29 billion, a P/E ratio of 49.97 and a beta of 1.10. Global-e Online Ltd. has a 1-year low of $26.84 and a 1-year high of $45.28. The firm’s 50 day moving average price is $39.81 and its 200-day moving average price is $35.84.

Global-e Online (NASDAQ:GLBE – Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $0.37 earnings per share for the quarter. Global-e Online had a return on equity of 16.70% and a net margin of 13.87%. The company had revenue of $299.00 million during the quarter. On average, sell-side analysts predict that Global-e Online Ltd. will post 1.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

GLBE has been the subject of a number of research analyst reports. Zacks Research cut Global-e Online from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Weiss Ratings raised Global-e Online from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, October 13th. Benchmark reiterated a “buy” rating on shares of Global-e Online in a research report on Thursday, August 13th. BMO Capital Markets boosted their target price on Global-e Online from $42.00 to $46.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 4th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $48.00 target price on shares of Global-e Online in a report on Tuesday, August 11th. Thirteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Global-e Online currently has an average rating of “Moderate Buy” and a consensus price target of $48.08.

Get Our Latest Research Report on Global-e Online

Global-e Online Profile

(Free Report)

Global-e Online Ltd. (NASDAQ: GLBE) provides a cross-border e-commerce platform that helps merchants sell products to international customers. Its technology is designed to localize the online shopping experience for different markets, including language, currency, payment methods, pricing, taxes and duties.

The company’s platform also supports international shipping, order management, fraud prevention, customer service and returns. Global-e works with brands and retailers to integrate global e-commerce capabilities into their existing websites and digital commerce operations, helping them manage the operational and regulatory complexities of international sales.

Founded in 2013, Global-e serves merchants and shoppers across international markets.