Key Points
- Nir Debbi sold 4,166 shares of Global‑e on April 15 at an average price of $33.06 for $137,727.96, leaving him with 4,302,269 shares (a 0.10% ownership decrease valued at ~$142.23M).
- Debbi made additional recent sales—4,166 shares on April 1 at $31.26 and 8,332 shares on March 16 at $34.51—indicating multiple insider dispositions in the past month.
- GLBE trades around $33.71 with a 50‑day/200‑day SMA of $32.99/$35.81, a market cap of $5.72B, and a consensus analyst rating of Moderate Buy with a $47.58 price target; institutional investors own about 94.6% of the stock.
Global-e Online Ltd. (NASDAQ:GLBE - Get Free Report) President Nir Debbi sold 4,166 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $33.06, for a total value of $137,727.96. Following the completion of the transaction, the president directly owned 4,302,269 shares in the company, valued at $142,233,013.14. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Nir Debbi also recently made the following trade(s):
- On Wednesday, April 1st, Nir Debbi sold 4,166 shares of Global-e Online stock. The shares were sold at an average price of $31.26, for a total value of $130,229.16.
- On Monday, March 16th, Nir Debbi sold 8,332 shares of Global-e Online stock. The shares were sold at an average price of $34.51, for a total value of $287,537.32.
Global-e Online Stock Performance
Shares of GLBE stock opened at $33.71 on Friday. The stock's 50-day simple moving average is $32.99 and its 200-day simple moving average is $35.81. The firm has a market capitalization of $5.72 billion, a PE ratio of 91.11 and a beta of 1.28. Global-e Online Ltd. has a fifty-two week low of $27.80 and a fifty-two week high of $43.21.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on GLBE. Weiss Ratings raised Global-e Online from a "sell (d-)" rating to a "hold (c-)" rating in a report on Friday, March 27th. UBS Group cut 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. Zacks Research raised Global-e Online from a "hold" rating to a "strong-buy" rating in a report on Friday, December 19th. Wall Street Zen raised Global-e Online from a "hold" rating to a "buy" rating in a report on Sunday, March 29th. Finally, Benchmark increased their price objective on Global-e Online from $52.00 to $60.00 and gave the company a "buy" rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $47.58.
Read Our Latest Research Report on Global-e Online
Institutional Trading of Global-e Online
Several hedge funds and other institutional investors have recently bought and sold shares of GLBE. Wasatch Advisors LP grew its holdings in Global-e Online by 231.8% during the second quarter. Wasatch Advisors LP now owns 3,424,182 shares of the company's stock worth $114,847,000 after acquiring an additional 2,392,124 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Global-e Online by 68.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,872,341 shares of the company's stock worth $230,842,000 after acquiring an additional 2,387,242 shares during the period. Janus Henderson Group PLC grew its holdings in Global-e Online by 1,539.4% during the fourth quarter. Janus Henderson Group PLC now owns 2,269,482 shares of the company's stock worth $89,213,000 after acquiring an additional 2,131,047 shares during the period. Dragoneer Investment Group LLC grew its holdings in Global-e Online by 18.2% during the third quarter. Dragoneer Investment Group LLC now owns 11,887,078 shares of the company's stock worth $425,082,000 after acquiring an additional 1,831,063 shares during the period. Finally, Arohi Asset Management PTE Ltd. grew its holdings in Global-e Online by 91.0% during the second quarter. Arohi Asset Management PTE Ltd. now owns 2,822,884 shares of the company's stock worth $94,680,000 after acquiring an additional 1,345,156 shares during the period. 94.60% of the stock is owned by institutional investors and hedge funds.
Global-e Online Company Profile
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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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