Amir Schlachet Sells 1,308 Shares of Global-e Online (NASDAQ:GLBE) Stock

Key Points

  • COO Shahar Tamari sold 24,999 Global-e Online shares at an average price of $41.59, generating approximately $1.04 million. He retained 3.88 million shares valued at about $161.4 million.
  • Tamari has made several additional sales in recent months, while other executives have also sold shares. The transactions represent relatively small portions of their holdings but may weigh on investor sentiment.
  • Global-e Online trades near its 52-week high with a valuation of roughly 63 times earnings. Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $44.83.

Global-e Online Ltd. (NASDAQ:GLBE - Get Free Report) CEO Amir Schlachet sold 1,308 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $42.09, for a total transaction of $55,053.72. Following the sale, the chief executive officer directly owned 4,065,422 shares in the company, valued at $171,113,611.98. This represents a 0.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Tuesday, August 4th, Amir Schlachet sold 24,999 shares of Global-e Online stock. The shares were sold at an average price of $41.23, for a total transaction of $1,030,708.77.
  • On Friday, June 26th, Amir Schlachet sold 58,331 shares of Global-e Online stock. The shares were sold at an average price of $36.21, for a total transaction of $2,112,165.51.
  • On Thursday, July 2nd, Amir Schlachet sold 24,999 shares of Global-e Online stock. The stock was sold at an average price of $37.09, for a total transaction of $927,212.91.
  • On Tuesday, June 16th, Amir Schlachet sold 16,666 shares of Global-e Online stock. The stock was sold at an average price of $32.18, for a total transaction of $536,311.88.
  • On Monday, June 1st, Amir Schlachet sold 8,333 shares of Global-e Online stock. The shares were sold at an average price of $33.58, for a total transaction of $279,822.14.
  • On Tuesday, June 2nd, Amir Schlachet sold 16,666 shares of Global-e Online stock. The stock was sold at an average price of $33.34, for a total transaction of $555,644.44.
  • On Tuesday, May 19th, Amir Schlachet sold 8,333 shares of Global-e Online stock. The stock was sold at an average price of $29.00, for a total value of $241,657.00.

Global-e Online Trading Down 1.3%




Global-e Online stock opened at $41.02 on Friday. 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 twelve month low of $26.84 and a twelve month high of $42.38. The stock's fifty day simple moving average is $35.72 and its 200-day simple moving average is $33.81.

Institutional Investors Weigh In On Global-e Online

Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its holdings in Global-e Online by 87.4% during the first quarter. Royal Bank of Canada now owns 75,286 shares of the company's stock worth $2,684,000 after purchasing an additional 35,120 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Global-e Online by 17.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 54,654 shares of the company's stock valued at $1,948,000 after buying an additional 8,239 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Global-e Online by 67.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,314 shares of the company's stock valued at $47,000 after buying an additional 528 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Global-e Online during the 2nd quarter worth $5,428,000. Finally, Brown Advisory Inc. acquired a new stake in Global-e Online during the 2nd quarter worth $726,000. Hedge funds and other institutional investors own 94.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on GLBE shares. Jefferies Financial Group restated a "buy" rating and set a $40.00 price target on shares of Global-e Online in a report on Wednesday, May 13th. Morgan Stanley lowered their price objective on Global-e Online from $43.00 to $37.00 and set an "overweight" rating for the company in a research report on Thursday, May 14th. Wall Street Zen lowered shares of Global-e Online from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Raymond James Financial reaffirmed an "outperform" rating and issued a $42.00 target price on shares of Global-e Online in a report on Wednesday, May 13th. Finally, BMO Capital Markets lifted their price target on shares of Global-e Online from $42.00 to $46.00 and gave the stock an "outperform" rating in a research note on Tuesday. Thirteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Global-e Online presently has a consensus rating of "Moderate Buy" and an average target price of $44.83.

View Our Latest Stock Report on Global-e Online

Global-e Online News Roundup

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.

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.

See Also

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

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Global-e Online?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Global-e Online and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles