Wasatch Advisors Adds $54M in Global-E Online Ltd. ($GLBE)
Key Points
- Wasatch Advisors changed its Global-E Online Ltd. ($GLBE) stake by 34.0% last quarter, boosting to 6,458,588 shares worth $211.39 million.
- Wall Street's consensus rating on $GLBE is Strong Buy and an average price target of $45.92.
- $GLBE last traded around $32.73.
Wasatch Advisors increased its position in Global-E Online Ltd. ($GLBE) by 34.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,458,588 shares of Global-E Online Ltd. after buying 1,637,482 shares during the quarter. Wasatch Advisors's holdings in Global-E Online Ltd. were worth $211.39 million as of its most recent filing.
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About Global-E Online Ltd.
Global-E Online Ltd., together with its subsidiaries, provides direct-to-consumer cross-border e-commerce platform 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. The company was incorporated in 2013 and is headquartered in Petah Tikva, Israel.
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