Global-e Online Ltd. (NASDAQ:GLBE – Get Free Report) President Nir Debbi sold 1,863 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $30.25, for a total transaction of $56,355.75. Following the sale, the president directly owned 4,568,699 shares of the company’s stock, valued at approximately $138,203,144.75. The trade was a 0.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Nir Debbi also recently made the following trade(s):
- On Wednesday, May 20th, Nir Debbi sold 2,303 shares of Global-e Online stock. The stock was sold at an average price of $30.01, for a total transaction of $69,113.03.
- On Monday, May 4th, Nir Debbi sold 4,166 shares of Global-e Online stock. The stock was sold at an average price of $32.57, for a total transaction of $135,686.62.
- On Monday, April 20th, Nir Debbi sold 8 shares of Global-e Online stock. The stock was sold at an average price of $34.16, for a total transaction of $273.28.
- On Friday, April 17th, Nir Debbi sold 7,191 shares of Global-e Online stock. The stock was sold at an average price of $34.67, for a total transaction of $249,311.97.
- On Thursday, April 16th, Nir Debbi sold 211 shares of Global-e Online stock. The stock was sold at an average price of $34.09, for a total transaction of $7,192.99.
- On Wednesday, April 15th, Nir Debbi sold 4,166 shares of Global-e Online stock. The stock was sold at an average price of $33.06, for a total transaction of $137,727.96.
- On Wednesday, April 1st, Nir Debbi sold 4,166 shares of Global-e Online stock. The stock was sold at an average price of $31.26, for a total transaction of $130,229.16.
- On Monday, March 16th, Nir Debbi sold 8,332 shares of Global-e Online stock. The stock was sold at an average price of $34.51, for a total transaction of $287,537.32.
Global-e Online Trading Down 1.1%
NASDAQ GLBE opened at $29.36 on Thursday. The firm has a market cap of $4.98 billion, a price-to-earnings ratio of 45.17 and a beta of 1.18. The company has a 50 day moving average of $31.05 and a 200-day moving average of $34.97. Global-e Online Ltd. has a 1-year low of $26.84 and a 1-year high of $41.94.
Hedge Funds Weigh In On Global-e Online
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in Global-e Online by 90.1% in the first quarter. Bank of America Corp DE now owns 330,418 shares of the company’s stock valued at $10,193,000 after acquiring an additional 156,641 shares during the last quarter. Janus Henderson Group PLC boosted its stake in Global-e Online by 4.0% in the first quarter. Janus Henderson Group PLC now owns 2,360,866 shares of the company’s stock valued at $72,833,000 after acquiring an additional 91,384 shares during the last quarter. Royal Bank of Canada boosted its stake in Global-e Online by 2.8% in the first quarter. Royal Bank of Canada now owns 37,100 shares of the company’s stock valued at $1,145,000 after acquiring an additional 996 shares during the last quarter. Empowered Funds LLC bought a new position in Global-e Online in the first quarter valued at approximately $1,144,000. Finally, Lazard Asset Management LLC boosted its stake in Global-e Online by 4.7% in the first quarter. Lazard Asset Management LLC now owns 98,748 shares of the company’s stock valued at $3,046,000 after acquiring an additional 4,428 shares during the last quarter. 94.60% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research firms have recently commented on GLBE. Bank of America began coverage on shares of Global-e Online in a research note on Tuesday, March 31st. They set a “buy” rating and a $43.00 price target on the stock. Truist Financial decreased their price target on shares of Global-e Online from $37.00 to $34.00 and set a “hold” rating on the stock in a research note on Wednesday. UBS Group decreased their price target on shares of Global-e Online from $52.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Piper Sandler reissued an “overweight” rating on shares of Global-e Online in a research note on Thursday, February 19th. Finally, Raymond James Financial reissued an “outperform” rating and set a $42.00 price target on shares of Global-e Online in a research note on Wednesday, May 13th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Global-e Online has an average rating of “Moderate Buy” and an average target price of $43.92.
Check Out Our Latest Research Report on Global-e Online
Global-e Online News Summary
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
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.
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