Values First Advisors Inc. Raises Holdings in Global-E Online Ltd. (NASDAQ:GLBE)

Values First Advisors Inc. boosted its holdings in shares of Global-E Online Ltd. (NASDAQ:GLBE) by 35.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,706 shares of the company’s stock after acquiring 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 institutional investors and hedge funds also recently added to or reduced their stakes in GLBE. Mount Yale Investment Advisors LLC acquired a new stake in shares of Global-E Online during the third quarter valued at about $323,000. Mediolanum International Funds Ltd acquired a new stake in Global-E Online in the 3rd quarter valued at approximately $315,000. Focus Financial Network Inc. raised its position in Global-E Online by 11.2% in the third quarter. Focus Financial Network Inc. now owns 6,899 shares of the company’s stock valued at $265,000 after purchasing an additional 694 shares during the period. Harbor Capital Advisors Inc. acquired a new position in Global-E Online during the third quarter worth $362,000. Finally, Van ECK Associates Corp boosted its position in shares of Global-E Online by 1.6% during the third quarter. Van ECK Associates Corp now owns 32,828 shares of the company’s stock worth $1,235,000 after buying an additional 508 shares during the period. Hedge funds and other institutional investors own 94.60% of the company’s stock.

Global-E Online Stock Up 1.2 %

Shares of NASDAQ:GLBE opened at $62.58 on Wednesday. Global-E Online Ltd. has a fifty-two week low of $28.11 and a fifty-two week high of $62.96. The firm’s 50-day simple moving average is $56.11 and its 200-day simple moving average is $44.49.

Analyst Ratings Changes

Several research analysts have recently commented on GLBE shares. The Goldman Sachs Group raised 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 note on Friday, January 10th. Wells Fargo & Company raised their price target on shares of Global-E Online from $45.00 to $60.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. KeyCorp upped their price objective on Global-E Online from $55.00 to $65.00 and gave the stock an “overweight” rating in a research report on Monday. JMP Securities lifted their target price on Global-E Online from $46.00 to $64.00 and gave the company a “market outperform” rating in a report on Thursday, November 21st. Finally, UBS Group reduced their price target on Global-E Online from $50.00 to $48.00 and set a “buy” rating on the stock in a research report on Friday, October 18th. One equities research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $54.08.

Global-E Online 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.