Phoenix Financial Ltd. Lowers Stock Holdings in Global-e Online Ltd. $GLBE

Phoenix Financial Ltd. lowered its position in Global-e Online Ltd. (NASDAQ:GLBE) by 80.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 232,273 shares of the company’s stock after selling 945,000 shares during the quarter. Phoenix Financial Ltd.’s holdings in Global-e Online were worth $9,131,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. IFP Advisors Inc raised its holdings in Global-e Online by 73.3% during the third quarter. IFP Advisors Inc now owns 1,059 shares of the company’s stock valued at $38,000 after acquiring an additional 448 shares during the period. Geneos Wealth Management Inc. grew 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 grew 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. Jones Financial Companies Lllp raised its stake in Global-e Online by 237.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,955 shares of the company’s stock valued at $72,000 after purchasing an additional 1,376 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in Global-e Online by 28.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,954 shares of the company’s stock valued at $106,000 after purchasing an additional 649 shares during the period. Hedge funds and other institutional investors own 94.60% of the company’s stock.

Global-e Online News Roundup

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

• Positive Sentiment: Global-e reported strong Q1 results, with GMV up 40% year over year, revenue up 33%, and adjusted EBITDA up 59%, showing continued momentum in its international e-commerce platform. Article Title
• Positive Sentiment: The company raised its full-year 2026 outlook for GMV, revenue, and adjusted EBITDA, which signals management confidence in sustained growth. Article Title
• Positive Sentiment: Profitability improved meaningfully, with the company moving to GAAP net income and reporting better margins, reinforcing the case that growth is becoming more efficient. Article Title
• Neutral Sentiment: Morgan Stanley cut its price target on GLBE to $37 from $43, but kept an overweight rating, suggesting the broker still sees upside despite trimming expectations. Article Title
• Neutral Sentiment: Deepwater reportedly halved its position and sold about $9 million in stock, which may add to near-term investor caution, but does not necessarily change the company’s operating outlook. Article Title
• Negative Sentiment: The stock’s weakness may also reflect concerns around ongoing cash usage and the fact that free cash flow remained negative in the quarter despite stronger earnings, which can temper enthusiasm for the results. Article Title

Analysts Set New Price Targets

Several research analysts have weighed in on GLBE shares. Jefferies Financial Group restated a “buy” rating and issued a $40.00 price target on shares of Global-e Online in a research note on Wednesday. Raymond James Financial reissued an “outperform” rating and issued a $42.00 target price on shares of Global-e Online in a report on Wednesday. KeyCorp dropped their target price on shares of Global-e Online from $45.00 to $40.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. BMO Capital Markets initiated coverage on shares of Global-e Online in a research note on Tuesday, April 21st. They set an “outperform” rating and a $42.00 target price for the company. Finally, Truist Financial reduced their price target on shares of Global-e Online from $42.00 to $37.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $44.17.

Global-e Online Trading Up 1.5%

Shares of NASDAQ GLBE opened at $27.94 on Friday. Global-e Online Ltd. has a 12-month low of $26.84 and a 12-month high of $41.94. The firm’s 50-day moving average price is $32.07 and its 200-day moving average price is $35.39. The stock has a market capitalization of $4.74 billion, a price-to-earnings ratio of 42.99 and a beta of 1.18.

Global-e Online (NASDAQ:GLBE) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.18 by $0.09. Global-e Online had a return on equity of 12.59% and a net margin of 11.37%.The company had revenue of $252.09 million during the quarter, compared to analyst estimates of $250.78 million. During the same quarter last year, the business posted ($0.11) earnings per share. The firm’s revenue was up 32.8% on a year-over-year basis. On average, equities analysts predict that Global-e Online Ltd. will post 1.1 EPS for the current fiscal year.

Insider Transactions at Global-e Online

In related news, President Nir Debbi sold 8,332 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $34.51, for a total value of $287,537.32. Following the completion of the sale, the president directly owned 3,897,506 shares in the company, valued at $134,502,932.06. This trade represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Amir Schlachet sold 16,666 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $34.45, for a total value of $574,143.70. Following the completion of the sale, the chief executive officer owned 3,562,787 shares of the company’s stock, valued at approximately $122,738,012.15. This represents a 0.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 167,708 shares of company stock worth $5,586,117. 11.60% of the stock is currently owned by company insiders.

Global-e Online Company Profile

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.