Insider Selling: Global-e Online (NASDAQ:GLBE) CEO Sells 16,814 Shares

Key Points

• CEO insider selling: Amir Schlachet sold 16,814 Global-e Online shares for approximately $713,082 at an average price of $42.41, reducing his direct holdings by 0.42% to about 3.95 million shares. He has also made several other sales recently, including 100,000 shares on August 7.
• Strong quarterly results: Global-e reported $299 million in revenue, up 39% year over year, and EPS of $0.37, exceeding analyst expectations. GMV rose 44% to $2.09 billion, while adjusted EBITDA increased 62% to $62.4 million.
• Raised outlook and positive analyst sentiment: The company increased its full-year revenue guidance to $1.305 billion–$1.355 billion and authorized a new $500 million share-repurchase program. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $47.23, above the reported trading price of $42.28.

Global-e Online Ltd. (NASDAQ:GLBE - Get Free Report) CEO Amir Schlachet sold 16,814 shares of Global-e Online stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $42.41, for a total value of $713,081.74. Following the completion of the transaction, the chief executive officer directly owned 3,948,286 shares of the company's stock, valued at approximately $167,446,809.26. This represents a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, August 10th, Amir Schlachet sold 322 shares of Global-e Online stock. The stock was sold at an average price of $42.07, for a total transaction of $13,546.54.
• On Friday, August 7th, Amir Schlachet sold 100,000 shares of Global-e Online stock. The shares were 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 shares were sold at an average price of $42.09, for a total transaction 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 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 shares were 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 shares were 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 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 transaction of $555,644.44.
• On Tuesday, May 19th, Amir Schlachet sold 8,333 shares of Global-e Online stock. The shares were sold at an average price of $29.00, for a total transaction of $241,657.00.

Global-e Online Price Performance

Global-e Online stock traded up $1.73 during trading hours on Thursday, reaching $42.28. The stock had a trading volume of 843,715 shares, compared to its average volume of 1,592,080. The business's 50 day moving average price is $36.43 and its 200-day moving average price is $33.93. Global-e Online Ltd. has a 52 week low of $26.84 and a 52 week high of $43.99. 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 (NASDAQ:GLBE - Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported $0.37 EPS for the quarter. Global-e Online had a net margin of 11.37% and a return on equity of 12.64%. The company had revenue of $299.00 million during the quarter. On average, sell-side analysts forecast that Global-e Online Ltd. will post 1.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Global-e Online in the 4th quarter valued at $39,000. IFP Advisors Inc increased its position in shares of Global-e Online by 73.3% during the 3rd quarter. IFP Advisors Inc now owns 1,059 shares of the company's stock worth $38,000 after purchasing an additional 448 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in 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 period. Tower Research Capital LLC TRC lifted its position in Global-e Online by 780.7% in the second quarter. Tower Research Capital LLC TRC now owns 1,823 shares of the company's stock valued at $61,000 after buying an additional 1,616 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in Global-e Online during the fourth quarter worth about $72,000. 94.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Morgan Stanley lifted their price target on shares of Global-e Online from $44.00 to $46.00 and gave the company an "equal weight" rating in a research note on Thursday. Needham & Company LLC restated a "buy" rating on shares of Global-e Online in a research report on Wednesday, May 27th. Loop Capital set a $49.00 price objective on shares of Global-e Online in a report on Wednesday. Truist Financial lifted their target price on shares of Global-e Online from $39.00 to $41.00 and gave the company a "buy" rating in a research report on Friday, July 24th. Finally, Citigroup reissued a "market outperform" rating on shares of Global-e Online in a research note on Thursday. Thirteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Global-e Online currently has an average rating of "Moderate Buy" and an average target price of $47.23.

Key Headlines Impacting Global-e Online

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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