Global E Online Ltd’s recent filing unveils that its Director Amir Schlachet acquired Company’s shares for reported $2.56 million on Apr 10 ’25. In the deal valued at $34.20 per share,75,000 shares were bought.
Then, Shahar Tamari bought 37,500 shares, generating $1,117,500 in total proceeds.
Before that, Nir Debbi bought 46,871 shares. Global E Online Ltd shares valued at $1,756,725 were divested by the Director at a price of $37.48 per share.
Morgan Stanley upgraded its Global E Online Ltd [GLBE] rating to an Overweight from a an Equal-weight in a research note published on March 26, 2025; the price target was decreased to $46 from $55. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid October from “an Overweight” to “an Equal-weight”. Morgan Stanley also remained covering GLBE and has increased its forecast on May 21, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Wells Fargo started covering the stock on January 17, 2024. It rated GLBE as “an Overweight”.
Price Performance Review of GLBE
On Monday, Global E Online Ltd [NASDAQ:GLBE] saw its stock fall -2.28% to $31.70. Over the last five days, the stock has lost -5.96%. Global E Online Ltd shares have fallen nearly -41.87% since the year began. Nevertheless, the stocks have fallen -5.17% over the past one year. While a 52-week high of $63.69 was reached on 02/18/25, a 52-week low of $26.64 was recorded on 04/07/25. SMA at 50 days reached $40.89, while 200 days put it at $42.41.
Levels Of Support And Resistance For GLBE Stock
The 24-hour chart illustrates a support level at 31.22, which if violated will result in even more drops to 30.73. On the upside, there is a resistance level at 32.40. A further resistance level may holdings at 33.09. The Relative Strength Index (RSI) on the 14-day chart is 38.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.88%. Stochastics %K at 48.42% indicates the stock is a holding.
How much short interest is there in Global E Online Ltd?
A steep rise in short interest was recorded in Global E Online Ltd stocks on 2025-03-31, growing by 1.1 million shares to a total of 4.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.56 million shares. There was a rise of 23.66%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 22, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
