In a filing, Gitlab Inc revealed its Chief Financial Officer ROBINS BRIAN G unloaded Company’s shares for reported $2.39 million on May 13 ’25. In the deal valued at $53.04 per share,45,000 shares were sold. As a result of this transaction, ROBINS BRIAN G now holds 344,105 shares worth roughly $16.74 million.
Then, Sijbrandij Sytse sold 108,600 shares, generating $5,758,611 in total proceeds. Upon selling the shares at $53.03, the Executive Chair of the Board now owns 0 shares.
Before that, BLASING KAREN sold 3,250 shares. Gitlab Inc shares valued at $167,646 were divested by the Director at a price of $51.58 per share. As a result of the transaction, BLASING KAREN now holds 108,733 shares, worth roughly $5.29 million.
Macquarie initiated its Gitlab Inc [GTLB] rating to an Outperform in a research note published on December 12, 2024; the price target was $90. A number of analysts have revised their coverage, including Needham’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Morgan Stanley began covering GTLB with “an Overweight” recommendation on October 09, 2024. BofA Securities maintained its rating on August 27, 2024. It rated GTLB as “a Buy”.
Price Performance Review of GTLB
On Monday, Gitlab Inc [NASDAQ:GTLB] saw its stock fall -0.27% to $48.64. Over the last five days, the stock has gained 6.78%. Gitlab Inc shares have fallen nearly -13.68% since the year began. Nevertheless, the stocks have risen 8.35% over the past one year.
Levels Of Support And Resistance For GTLB Stock
The most recent change occurred on August 27, 2024 when Robert W. Baird began covering the stock and recommended ‘”an Outperform”‘ rating along with a $59 price target.
