Values First Advisors Inc. Has $966,000 Stock Holdings in Global-E Online Ltd. (NASDAQ:GLBE)

Values First Advisors Inc. raised its position in Global-E Online Ltd. (NASDAQ:GLBE - Free Report) by 35.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,706 shares of the company's stock after acquiring an additional 4,636 shares during the period. Values First Advisors Inc.'s holdings in Global-E Online were worth $966,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Fifth Third Bancorp raised its stake in shares of Global-E Online by 69.1% in the fourth quarter. Fifth Third Bancorp now owns 482 shares of the company's stock valued at $26,000 after purchasing an additional 197 shares in the last quarter. CIBC Asset Management Inc increased its holdings in Global-E Online by 4.4% in the 3rd quarter. CIBC Asset Management Inc now owns 9,420 shares of the company's stock valued at $362,000 after buying an additional 393 shares during the period. Juncture Wealth Strategies LLC raised its stake in shares of Global-E Online by 3.9% in the 4th quarter. Juncture Wealth Strategies LLC now owns 13,161 shares of the company's stock valued at $718,000 after buying an additional 494 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of Global-E Online by 6.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 7,800 shares of the company's stock worth $300,000 after acquiring an additional 500 shares during the period. Finally, Van ECK Associates Corp boosted its position in shares of Global-E Online by 1.6% during the 3rd quarter. Van ECK Associates Corp now owns 32,828 shares of the company's stock valued at $1,235,000 after acquiring an additional 508 shares in the last quarter. Institutional investors own 94.60% of the company's stock.

Global-E Online Price Performance

Shares of GLBE stock traded down $0.92 during trading hours on Wednesday, reaching $61.66. 1,304,351 shares of the company were exchanged, compared to its average volume of 1,265,330. Global-E Online Ltd. has a fifty-two week low of $28.11 and a fifty-two week high of $62.96. The stock's fifty day moving average is $56.11 and its two-hundred day moving average is $44.49. The company has a market cap of $10.13 billion, a price-to-earnings ratio of -106.31, a P/E/G ratio of 6.16 and a beta of 1.23.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on GLBE. Needham & Company LLC reissued a "buy" rating and issued a $48.00 price target on shares of Global-E Online in a research report on Monday, November 18th. Benchmark increased their target price on Global-E Online from $41.00 to $45.00 and gave the stock a "buy" rating in a report on Monday, November 18th. KeyCorp raised their target price on Global-E Online from $55.00 to $65.00 and gave the stock an "overweight" rating in a research report on Monday. Jefferies Financial Group upped their price target on Global-E Online from $45.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, November 18th. Finally, Piper Sandler boosted their target price on shares of Global-E Online from $63.00 to $66.00 and gave the company an "overweight" rating in a research note on Monday, January 6th. One equities research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $54.08.

Global-E Online Company Profile

Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide.