Amir Schlachet Sells 16,814 Shares of Global-e Online (NASDAQ:GLBE) Stock

Global-e Online Ltd. (NASDAQ:GLBEGet Free Report) CEO Amir Schlachet sold 16,814 shares of Global-e Online stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $42.41, for a total transaction of $713,081.74. Following the completion of the sale, the chief executive officer owned 3,948,286 shares of the company’s stock, valued at $167,446,809.26. This trade represents a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

  • On Monday, August 10th, Amir Schlachet sold 322 shares of Global-e Online stock. The shares were sold at an average price of $42.07, for a total value of $13,546.54.
  • On Friday, August 7th, Amir Schlachet sold 100,000 shares of Global-e Online stock. The stock was sold at an average price of $42.20, for a total value of $4,220,000.00.
  • On Wednesday, August 5th, Amir Schlachet sold 1,308 shares of Global-e Online stock. The stock was sold at an average price of $42.09, for a total value of $55,053.72.
  • 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 value 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 value of $2,112,165.51.
  • On Thursday, July 2nd, Amir Schlachet sold 24,999 shares of Global-e Online stock. The shares were sold at an average price of $37.09, for a total value of $927,212.91.
  • On Tuesday, June 16th, Amir Schlachet sold 16,666 shares of Global-e Online stock. The shares were sold at an average price of $32.18, for a total value 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 value of $279,822.14.
  • On Tuesday, June 2nd, Amir Schlachet sold 16,666 shares of Global-e Online stock. The shares were sold at an average price of $33.34, for a total value 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 transaction of $241,657.00.

Global-e Online Stock Performance

Shares of GLBE traded up $1.73 during mid-day trading on Thursday, hitting $42.28. 843,715 shares of the company’s stock were exchanged, compared to its average volume of 1,592,080. The company has a market cap of $7.18 billion, a price-to-earnings ratio of 64.96 and a beta of 1.03. Global-e Online Ltd. has a fifty-two week low of $26.84 and a fifty-two week high of $43.99. The stock’s 50-day moving average is $36.43 and its 200-day moving average is $33.93.

Global-e Online (NASDAQ:GLBEGet Free Report) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $0.37 earnings per share for the quarter. Global-e Online had a net margin of 11.37% and a return on equity of 12.64%. The firm had revenue of $299.00 million during the quarter. As a group, equities research analysts anticipate that Global-e Online Ltd. will post 1.12 EPS for the current year.

Institutional Investors Weigh In On Global-e Online

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Summit Creek Advisors LLC acquired a new position in Global-e Online in the second quarter valued at approximately $5,974,000. Annex Advisory Services LLC boosted its holdings in shares of Global-e Online by 37.8% in the 2nd quarter. Annex Advisory Services LLC now owns 88,076 shares of the company’s stock valued at $3,059,000 after buying an additional 24,179 shares in the last quarter. Wasatch Advisors LP boosted its holdings in shares of Global-e Online by 28.1% in the 2nd quarter. Wasatch Advisors LP now owns 8,275,194 shares of the company’s stock valued at $287,397,000 after buying an additional 1,816,606 shares in the last quarter. Handelsbanken Fonder AB grew its position in shares of Global-e Online by 38.0% in the 2nd quarter. Handelsbanken Fonder AB now owns 174,989 shares of the company’s stock valued at $6,077,000 after buying an additional 48,145 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its position in shares of Global-e Online by 8.3% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 8,224 shares of the company’s stock valued at $286,000 after buying an additional 631 shares during the last quarter. Institutional investors and hedge funds own 94.60% of the company’s stock.

Key Global-e Online News

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

  • Positive Sentiment: Q2 results exceeded expectations: Global-e reported $299.0 million in revenue, up 39% year over year and above the $283.1 million consensus estimate. Reported EPS of $0.37 also surpassed estimates of $0.22. Global-e Online Q2 earnings report
  • Positive Sentiment: Strong operating momentum: Gross merchandise value rose 44% to $2.09 billion, while adjusted EBITDA increased 62% to $62.4 million and the adjusted EBITDA margin expanded 300 basis points to 20.9%. Free cash flow reached $73.2 million. Global-e Q2 2026 results and outlook
  • Positive Sentiment: Guidance was raised: Full-year revenue guidance increased to $1.305 billion-$1.355 billion from $1.220 billion-$1.280 billion, with higher GMV and adjusted EBITDA targets. Third-quarter revenue guidance of $308.5 million-$315.5 million is well above the $293.1 million consensus estimate. The company also completed $68 million of share repurchases and authorized a new $500 million program. Global-e raises full-year outlook
  • Positive Sentiment: Analyst support improved: Piper Sandler maintained an Overweight rating with a $48 price target, while Morgan Stanley raised its target to $46 but retained an Equal Weight rating. Piper Sandler rating

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on GLBE shares. Truist Financial upped their price objective on Global-e Online from $39.00 to $41.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Wall Street Zen cut Global-e Online from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Loop Capital set a $49.00 price target on Global-e Online in a report on Wednesday. Deutsche Bank Aktiengesellschaft raised Global-e Online to an “accumulate” rating in a research report on Wednesday, May 27th. Finally, BMO Capital Markets lifted their price objective on Global-e Online from $42.00 to $46.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. Thirteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $47.23.

Get Our Latest Stock Analysis on GLBE

About Global-e Online

(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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