Shahar Tamari Sells 4,326 Shares of Global-e Online (NASDAQ:GLBE) Stock
by Jessica Moore · The Cerbat GemGlobal-e Online Ltd. (NASDAQ:GLBE – Get Free Report) COO Shahar Tamari sold 4,326 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $33.09, for a total transaction of $143,147.34. Following the completion of the transaction, the chief operating officer directly owned 3,816,174 shares of the company’s stock, valued at approximately $126,277,197.66. This represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shahar Tamari also recently made the following trade(s):
- 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 transaction of $259,989.60.
- On Wednesday, March 18th, Shahar Tamari sold 16,666 shares of Global-e Online stock. The stock was sold at an average price of $33.81, for a total transaction of $563,477.46.
Global-e Online Trading Up 0.6%
Shares of NASDAQ GLBE opened at $33.91 on Friday. Global-e Online Ltd. has a 1-year low of $27.80 and a 1-year high of $43.21. The company has a market cap of $5.76 billion, a PE ratio of 91.65 and a beta of 1.28. The company has a 50-day moving average of $33.01 and a two-hundred day moving average of $35.78.
Institutional Investors Weigh In On Global-e Online
Institutional investors and hedge funds have recently modified their holdings of the business. IFP Advisors Inc increased its stake in Global-e Online by 73.3% in the third quarter. IFP Advisors Inc now owns 1,059 shares of the company’s stock valued at $38,000 after purchasing an additional 448 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Global-e Online in the fourth quarter worth $39,000. Geneos Wealth Management Inc. boosted its position in shares of Global-e Online by 67.2% during the first quarter. Geneos Wealth Management Inc. now owns 1,314 shares of the company’s stock worth $47,000 after purchasing an additional 528 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Global-e Online by 780.7% during the second quarter. Tower Research Capital LLC TRC now owns 1,823 shares of the company’s stock worth $61,000 after purchasing an additional 1,616 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of Global-e Online by 237.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,955 shares of the company’s stock valued at $72,000 after buying an additional 1,376 shares during the period. 94.60% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
GLBE has been the subject of a number of recent research reports. Wall Street Zen raised shares of Global-e Online from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Weiss Ratings raised shares of Global-e Online from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Friday, March 27th. Zacks Research raised shares of Global-e Online from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 19th. Benchmark boosted their price target on shares of Global-e Online from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Global-e Online in a research note on Thursday, February 19th. One investment 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $47.58.
View Our Latest Report on GLBE
More Global-e Online News
Here are the key news stories impacting Global-e Online this week:
- Positive Sentiment: Brokerage coverage remains constructive — GLBE has a consensus rating of “Moderate Buy” with several recent upgrades and raised price targets (Benchmark raised its target to $60, UBS maintains a “buy”, Zacks and WallStreetZen upgraded). This analyst momentum supports investor confidence. Article Title
- Positive Sentiment: Large institutional accumulation — multiple funds (Price T. Rowe, Dragoneer, Wasatch, Janus Henderson) have materially increased holdings, leaving roughly 94.6% of float held by institutions, which can underpin buy-side demand. MarketBeat GLBE
- Neutral Sentiment: Business fundamentals remain unchanged in reporting — Global-e is a cross-border e‑commerce platform with scalable SaaS + payments offerings; long-term growth story intact but valuation (high P/E) implies expectations for continued revenue expansion. Company Profile
- Negative Sentiment: Multiple insider sales by executives — CEO Amir Schlachet sold 16,666 shares (~$560.8k) and earlier sold 4,332 shares; President Nir Debbi sold several tranches (including 4,166 shares ~ $137.7k and later smaller lots); COO Shahar Tamari sold 4,326 shares (~$143.1k). Each sale represented only small percentage reductions in their large holdings, but clustered sales can be perceived negatively by some investors. CEO filing
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.