Global-E Online Ltd. (NASDAQ:GLBE) Shares Purchased by Values First Advisors Inc.

Values First Advisors Inc. raised its stake in Global-E Online Ltd. (NASDAQ:GLBE) by 35.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,706 shares of the company’s stock after purchasing an additional 4,636 shares during the quarter. Values First Advisors Inc.’s holdings in Global-E Online were worth $966,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp grew its stake in shares of Global-E Online by 69.1% during the fourth quarter. Fifth Third Bancorp now owns 482 shares of the company’s stock valued at $26,000 after acquiring an additional 197 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in Global-E Online in the third quarter worth about $32,000. Geneos Wealth Management Inc. increased its holdings in Global-E Online by 1,968.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 786 shares of the company’s stock valued at $43,000 after buying an additional 748 shares during the last quarter. Venturi Wealth Management LLC acquired a new stake in Global-E Online during the third quarter valued at approximately $87,000. Finally, Quarry LP lifted its holdings in Global-E Online by 226.1% during the 3rd quarter. Quarry LP now owns 2,286 shares of the company’s stock worth $88,000 after buying an additional 1,585 shares during the last quarter. Institutional investors and hedge funds own 94.60% of the company’s stock.

Global-E Online Trading Up 1.2 %

Shares of NASDAQ:GLBE opened at $62.58 on Wednesday. The stock has a fifty day moving average of $56.11 and a 200-day moving average of $44.49. Global-E Online Ltd. has a one year low of $28.11 and a one year high of $62.96.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. JMP Securities raised their price objective on Global-E Online from $46.00 to $64.00 and gave the stock a “market outperform” rating in a research note on Thursday, November 21st. The Goldman Sachs Group boosted their price objective on shares of Global-E Online from $56.00 to $63.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Needham & Company LLC restated a “buy” rating and set a $48.00 price objective on shares of Global-E Online in a research report on Monday, November 18th. Raymond James increased their target price on Global-E Online from $41.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Finally, UBS Group lowered their price target on shares of Global-E Online from $50.00 to $48.00 and set a “buy” rating for the company in a research report on Friday, October 18th. One investment analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Global-E Online has an average rating of “Moderate Buy” and an average target price of $54.08.

About Global-E Online

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.