19,854 Shares in Global-E Online Ltd. (NASDAQ:GLBE) Bought by Calamos Wealth Management LLC

Calamos Wealth Management LLC acquired a new position in Global-E Online Ltd. (NASDAQ:GLBE) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 19,854 shares of the company’s stock, valued at approximately $1,083,000.

A number of other large investors have also made changes to their positions in GLBE. The Manufacturers Life Insurance Company grew its position in Global-E Online by 2.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 36,359 shares of the company’s stock valued at $1,319,000 after acquiring an additional 900 shares during the last quarter. Mackenzie Financial Corp acquired a new position in shares of Global-E Online in the second quarter valued at about $250,000. Juncture Wealth Strategies LLC acquired a new position in shares of Global-E Online in the third quarter valued at about $487,000. Values First Advisors Inc. increased its holdings in shares of Global-E Online by 49.2% in the third quarter. Values First Advisors Inc. now owns 13,070 shares of the company’s stock valued at $502,000 after purchasing an additional 4,309 shares during the period. Finally, Mount Yale Investment Advisors LLC acquired a new stake in Global-E Online during the third quarter worth about $323,000. 94.60% of the stock is currently owned by institutional investors.

Global-E Online Stock Performance

Shares of NASDAQ:GLBE opened at $58.55 on Tuesday. The firm has a 50 day moving average of $55.10 and a 200-day moving average of $43.41. Global-E Online Ltd. has a 12 month low of $28.11 and a 12 month high of $61.51.

Analyst Upgrades and Downgrades

GLBE has been the topic of several research analyst reports. Raymond James raised their price objective on Global-E Online from $41.00 to $55.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. Piper Sandler lifted their price objective on Global-E Online from $63.00 to $66.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. UBS Group dropped their price objective on Global-E Online from $50.00 to $48.00 and set a “buy” rating for the company in a research note on Friday, October 18th. Benchmark boosted their target price on Global-E Online from $41.00 to $45.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Finally, KeyCorp lifted their price target on Global-E Online from $38.00 to $55.00 and gave the stock an “overweight” rating in a report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Global-E Online presently has an average rating of “Moderate Buy” and a consensus target price of $53.25.

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.