Gitlab Inc’s filing revealed that its Director Saintil Merline unloaded Company’s shares for reported $27618.0 on Jul 02 ’25. In the deal valued at $45.50 per share,607 shares were sold. As a result of this transaction, Saintil Merline now holds 14,201 shares worth roughly $0.66 million.
Then, MERLINE SAINTIL bought 1,214 shares, generating $55,249 in total proceeds.
Before that, BLASING KAREN sold 3,250 shares. Gitlab Inc shares valued at $146,250 were divested by the Director at a price of $45.00 per share. As a result of the transaction, BLASING KAREN now holds 110,389 shares, worth roughly $5.14 million.
Goldman downgraded its Gitlab Inc [GTLB] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Macquarie’s analysts, who began to cover the stock in mid December with a ‘”an Outperform”‘ rating. Needham also remained covering GTLB and has increased its forecast on October 21, 2024 with a “Buy” recommendation from previously “Hold” rating. Morgan Stanley started covering the stock on October 09, 2024. It rated GTLB as “an Overweight”.
Price Performance Review of GTLB
On Monday, Gitlab Inc [NASDAQ:GTLB] saw its stock jump 0.39% to $46.55. Over the last five days, the stock has gained 3.12%. Gitlab Inc shares have fallen nearly -10.05% since the year began. Nevertheless, the stocks have fallen -17.39% over the past one year. While a 52-week high of $74.18 was reached on 01/31/25, a 52-week low of $37.90 was recorded on 04/04/25.
Levels Of Support And Resistance For GTLB Stock
The 24-hour chart illustrates a support level at 45.57, which if violated will result in even more drops to 44.58. On the upside, there is a resistance level at 47.07. A further resistance level may holdings at 47.58.
How much short interest is there in Gitlab Inc?
A steep rise in short interest was recorded in Gitlab Inc stocks on 2025-06-13, growing by 3.92 million shares to a total of 11.77 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 7.85 million shares. There was a rise of 33.3%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 27, 2024 when BofA Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $66.
