Gitlab Inc (NASDAQ: GTLB) is -17.63% lower on its value in year-to-date trading and has touched a low of $37.90 and a high of $74.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GTLB stock was last observed hovering at around $42.57 in the last trading session, with the day’s gains setting it 0.33%.
Currently trading at $42.9, the stock is -2.17% and -7.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.69 million and changing 0.78% at the moment leaves the stock -21.22% off its SMA200. GTLB registered -23.87% loss for a year compared to 6-month loss of -28.43%. The firm has a 50-day simple moving average (SMA 50) of $46.3506 and a 200-day simple moving average (SMA200) of $54.508373.
The stock witnessed a -1.85% gain in the last 1 month and extending the period to 3 months gives it a 2.34%, and is -7.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.36% over the week and 3.93% over the month.
Gitlab Inc (GTLB) has around 2375 employees, a market worth around $7.09B and $804.57M in sales. Current P/E ratio is 430.29 and Fwd P/E is 45.65. Profit margin for the company is 2.17%. Distance from 52-week low is 13.20% and -42.17% from its 52-week high. The company has generated returns on investments over the last 12 months (2.16%).
The EPS is expected to grow by 1.52% this year.
Gitlab Inc (GTLB) Top Institutional Holders
600.0 institutions hold shares in Gitlab Inc (GTLB), with institutional investors hold 91.31% of the company’s shares. The shares outstanding are 145.89M, and float is at 136.62M with Short Float at 8.38%. Institutions hold 87.84% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.47 million shares valued at $570.41 million. The investor’s holdings represent 7.1848% of the GTLB Shares outstanding. As of 2024-06-30, the second largest holder is ALPHABET INC. with 9.76 million shares valued at $485.18 million to account for 6.1113 of the shares outstanding. The other top investors are ICONIQ CAPITAL, LLC which holds 7.44 million shares representing 4.6587% and valued at over $369.86 million, while BLACKROCK INC. holds 4.6114 of the shares totaling 7.36 million with a market value of $366.11 million.
Gitlab Inc (GTLB) Insider Activity
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Gitlab Inc disclosed in a document filed with the SEC on Jul 02 ’25 that Saintil Merline (Director) sold a total of 607 shares of the company’s common stock. The trade occurred on Jul 02 ’25 and was made at $45.50 per share for $27618.0. Following the transaction, the insider now directly holds 14201.0 shares of the GTLB stock.
