Amir Schlachet Sells 16,666 Shares of Global-e Online (NASDAQ:GLBE) Stock

Global-e Online Ltd. (NASDAQ:GLBEGet Free Report) CEO Amir Schlachet sold 16,666 shares of Global-e Online stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $33.65, for a total value of $560,810.90. Following the completion of the transaction, the chief executive officer directly owned 3,984,550 shares in the company, valued at $134,080,107.50. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Amir Schlachet also recently made the following trade(s):

  • On Wednesday, April 15th, Amir Schlachet sold 4,332 shares of Global-e Online stock. The shares were sold at an average price of $33.09, for a total value of $143,345.88.
  • On Wednesday, April 8th, Amir Schlachet sold 4,001 shares of Global-e Online stock. The stock was sold at an average price of $32.26, for a total value of $129,072.26.
  • On Thursday, April 2nd, Amir Schlachet sold 8,333 shares of Global-e Online stock. The stock was sold at an average price of $30.94, for a total value of $257,823.02.
  • On Tuesday, March 17th, Amir Schlachet sold 16,666 shares of Global-e Online stock. The stock was sold at an average price of $34.45, for a total value of $574,143.70.

Global-e Online Stock Performance

Global-e Online stock opened at $33.91 on Friday. The stock’s 50 day moving average price is $33.01 and its 200 day moving average price is $35.78. The firm has a market capitalization of $5.76 billion, a PE ratio of 91.65 and a beta of 1.28. Global-e Online Ltd. has a one year low of $27.80 and a one year high of $43.21.

Institutional Investors Weigh In On Global-e Online

Several hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC increased its holdings in Global-e Online by 6.4% during the 1st quarter. SG Americas Securities LLC now owns 1,365,092 shares of the company’s stock worth $42,113,000 after purchasing an additional 81,784 shares during the last quarter. Arohi Asset Management PTE Ltd. increased its holdings in shares of Global-e Online by 0.6% in the 4th quarter. Arohi Asset Management PTE Ltd. now owns 3,780,304 shares of the company’s stock valued at $148,604,000 after acquiring an additional 23,213 shares during the last quarter. Vident Advisory LLC increased 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 acquiring an additional 1,413 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Global-e Online in the 4th quarter valued at approximately $689,000. Finally, Twinbeech Capital LP bought a new stake in shares of Global-e Online in the 4th quarter valued at approximately $208,000. 94.60% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Global-e Online

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on GLBE shares. KeyCorp reduced their price target on Global-e Online from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. Bank of America started coverage on Global-e Online in a research report on Tuesday, March 31st. They set a “buy” rating and a $43.00 price target on the stock. Morgan Stanley restated an “overweight” rating on shares of Global-e Online in a report on Thursday, February 19th. UBS Group dropped their price objective on Global-e Online from $52.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, March 31st. Finally, Wall Street Zen upgraded Global-e Online from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $47.58.

View Our Latest Research Report on Global-e Online

Global-e Online Company Profile

(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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