Shahar Tamari Sells 3,387 Shares of Global-e Online (NASDAQ:GLBE) Stock

Global-e Online Ltd. (NASDAQ:GLBE) COO Shahar Tamari sold 3,387 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $30.26, for a total value of $102,490.62. Following the transaction, the chief operating officer owned 4,042,208 shares of the company’s stock, valued at approximately $122,317,214.08. This trade represents a 0.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• 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.
• On Thursday, May 7th, Shahar Tamari sold 8,333 shares of Global-e Online stock. The shares were sold at an average price of $32.45, for a total transaction of $270,405.85.
• On Monday, April 20th, Shahar Tamari sold 5,190 shares of Global-e Online stock. The shares were sold at an average price of $33.06, for a total transaction of $171,581.40.
• On Friday, April 17th, Shahar Tamari sold 25,949 shares of Global-e Online stock. The stock was sold at an average price of $34.79, for a total transaction of $902,765.71.
• On Wednesday, April 15th, Shahar Tamari sold 4,326 shares of Global-e Online stock. The stock was sold at an average price of $33.09, for a total transaction of $143,147.34.
• On Wednesday, April 8th, Shahar Tamari sold 4,007 shares of Global-e Online stock. The stock was sold at an average price of $32.26, for a total transaction of $129,265.82.
• On Monday, April 6th, Shahar Tamari sold 8,333 shares of Global-e Online stock. The stock was sold at an average price of $31.20, for a total value of $259,989.60.
• On Wednesday, March 18th, Shahar Tamari sold 16,666 shares of Global-e Online stock. The shares were sold at an average price of $33.81, for a total value of $563,477.46.

Global-e Online Stock Down 1.1%

Shares of NASDAQ GLBE opened at $29.36 on Thursday. The stock’s 50 day moving average price is $31.05 and its two-hundred day moving average price is $34.97. Global-e Online Ltd. has a 52-week low of $26.84 and a 52-week high of $41.94. The stock has a market capitalization of $4.98 billion, a P/E ratio of 45.17 and a beta of 1.18.

Global-e Online (NASDAQ:GLBE) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. The business had revenue of $252.09 million during the quarter, compared to the consensus estimate of $250.78 million. Global-e Online had a return on equity of 12.64% and a net margin of 11.37%.The business’s quarterly revenue was up 32.8% on a year-over-year basis. During the same period in the previous year, the business earned ($0.11) EPS. On average, analysts anticipate that Global-e Online Ltd. will post 1.12 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on GLBE shares. Raymond James Financial reaffirmed an “outperform” rating and set a $42.00 price objective on shares of Global-e Online in a research report on Wednesday, May 13th. Truist Financial decreased their target price on Global-e Online from $37.00 to $34.00 and set a “hold” rating for the company in a research note on Wednesday. KeyCorp dropped 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. Weiss Ratings lowered Global-e Online from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 8th. Finally, UBS Group lowered their price objective on Global-e Online from $52.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, March 31st. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $43.92.

Trending Headlines about Global-e Online

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

• Positive Sentiment: Global-e announced a $350 million acquisition of Passport Global, a move that should strengthen its cross-border logistics, last-mile delivery, customs brokerage, and post-purchase experience for merchants. The deal also expands Global-e’s non-Merchant of Record offering and could add about $100 million in Passport revenue in 2026. Article Title
• Positive Sentiment: Another article argued that Global-e’s earnings quality looks strong, which can support investor confidence in the company’s recent profitability and growth profile. Article Title
• Neutral Sentiment: Global-e’s latest earnings beat expectations, with revenue rising 32.8% year over year and EPS topping estimates. While this is fundamentally supportive, the results were already reported earlier and may be partly priced in. Article Title
• Negative Sentiment: Insider sales by President Nir Debbi and COO Shahar Tamari added pressure, especially since recent filings show multiple executive sales with no insider purchases over the past several months. Article Title

Institutional Investors Weigh In On Global-e Online

Several large investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its position in shares of 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 buying an additional 35,120 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Global-e Online by 17.8% during 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 acquiring an additional 8,239 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Global-e Online by 67.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,314 shares of the company’s stock worth $47,000 after acquiring an additional 528 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in shares of Global-e Online in the second quarter worth $5,428,000. Finally, Brown Advisory Inc. acquired a new position in shares of Global-e Online during the second quarter valued at $726,000. Institutional investors and hedge funds own 94.60% of the company’s stock.

About Global-e Online

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.