This Cross-Border E-Commerce Stock Is Down 47% This Past Year, but One Fund Added Another $4 Million to Its Stake

2026-02-16 16:23:32 ET

Keenan Capital disclosed a purchase of 95,988 shares of Global-E Online (NASDAQ:GLBE) in its February 13, 2026, SEC filing, with the estimated transaction value at $3.56 million based on quarterly average pricing.

According to a February 13, 2026, SEC filing , Keenan Capital, LLC increased its position in Global-E Online (NASDAQ:GLBE) by 95,988 shares during the fourth quarter of 2025. The estimated transaction value is approximately $3.56 million, based on the average closing price of the stock over the quarter. The quarter-end value of the stake rose by $10.05 million, reflecting both the additional shares and price changes.

Global-E Online operates at scale in the cross-border e-commerce sector, supporting over a thousand employees and serving a wide international merchant base. The company’s strategy centers on simplifying global online sales for brands by managing payments, compliance, and logistics, giving merchants access to customers worldwide. Its competitive advantage lies in its specialized platform that addresses the complexities of international e-commerce, positioning it as a key enabler for global retail expansion.

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