Global-E Online's COO Shahar Tamari Sells Shares
Global-E Online's COO Shahar Tamari sold shares worth $1.03 million in a planned transaction.
Key Points
- Shahar Tamari, COO of Global-E Online, sold 28,623 shares at an average price of $36.02, totaling $1.03 million on June 26, 2026.
- Global-E Online, trading at $36.41 on Monday, has a market cap of $6.12 billion and a forward P/E ratio of 18.98.
- Truist Securities recently upgraded Global-E Online to a 'buy' with a price target of $39.00.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Shahar Tamari, the Chief Operating Officer of Global-E Online Ltd. (NasdaqGS: GLBE), sold 28,623 shares of the company in a planned transaction on June 26, 2026. The shares were sold at an average price of $36.02, bringing the total transaction value to approximately $1.03 million.
Insider Buying and Selling at Global-E Online Ltd.
Global-E Online saw several insider transactions recently. Shahar Tamari, the COO, has been selling shares in multiple transactions. On June 26, he sold 28,623 shares at $36.02 each. Earlier, on June 25, he sold 15,235 shares at $35.13, and on June 18, he sold 2,110 shares at $32.51. These transactions were part of planned sales under Rule 10b5-1. Additionally, President Nir Debbi sold 5,180 shares at $34.66 on June 25 and 6,890 shares at $34.02 on June 24.
Other Institutional Activity in Global-E Online
Institutional investors have also been adjusting their positions in Global-E Online. Darlington Partners Capital Management LP significantly increased its stake by 3,201,541 shares, now holding 6,961,820 shares valued at approximately $214.77 million, marking an 85.1% increase. Wasatch Advisors LP added 1,637,482 shares to end with 6,458,588 shares worth about $199.25 million, reflecting a 34.0% increase. Meanwhile, Dragoneer Investment Group LLC reduced its holdings by 249,399 shares, bringing its total to 11,115,629 shares valued at $342.92 million, a 2.2% decrease.
Global-E Online Ltd. Stock Down 10.6%
Shares of Global-E Online (NasdaqGS: GLBE) traded near $36.41 on Monday. The company has a market capitalization of approximately $6.12 billion and a forward P/E ratio of 18.98. Its beta is 1.088, indicating moderate volatility compared to the market. The stock's 52-week range is between $26.85 and $41.94, with a 50-day moving average of $31.59 and a 200-day moving average of $34.79. Global-E Online maintains a strong liquidity position with a current ratio of 2.25 and a quick ratio of 1.93.
$GLBE stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Truist Securities upgraded Global-E Online to a 'buy' rating with a price target of $39.00 on June 10, 2026. Morgan Stanley maintained its 'buy' rating with a target of $37.00 on May 14, 2026. According to analysts, the stock has a mean price target of $45.92, with a high of $64.00 and a low of $37.00, based on 13 opinions. The consensus recommendation is a 'strong buy'.
About Global-E Online Ltd.
Global-E Online Ltd. offers a platform that facilitates direct-to-consumer cross-border e-commerce. It allows international shoppers to make online purchases and enables merchants to sell globally. Founded in 2013, the company is headquartered in Petah Tikva, Israel, and operates in various countries including Israel, the UK, and the US. With Mr. Amir Schlachet as CEO, Global-E employs over 1,200 people and operates in the internet retail industry.
Bottom Line
Shahar Tamari's planned sale of Global-E Online shares is part of routine insider trading activity, often seen as executives manage their holdings. The company's stock remains a point of interest for analysts, with recent upgrades reflecting positive sentiment. Investors will continue to watch Global-E Online's performance closely, especially with upcoming earnings on August 12, 2026.
Get Global-E Online Ltd. alerts
New 13F filings, insider trades, and analyst moves on $GLBE, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.