Gitlab Inc (NASDAQ: GTLB) is -25.70% 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 $42.08 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $41.87, the stock is -9.47% and -9.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.52 million and changing -0.50% at the moment leaves the stock -24.16% off its SMA200. GTLB registered -7.43% loss for a year compared to 6-month loss of -31.41%.
The stock witnessed a -18.68% gain in the last 1 month and extending the period to 3 months gives it a -16.08%, and is -13.69% 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 3.47% over the week and 3.40% over the month.
Gitlab Inc (GTLB) has around 2375 employees, a market worth around $6.92B and $804.57M in sales. Current P/E ratio is 419.96 and Fwd P/E is 44.34. Profit margin for the company is 2.17%. Distance from 52-week low is 10.48% and -43.56% 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 1.43% this year.
Gitlab Inc (GTLB) Top Institutional Holders
The shares outstanding are 145.89M, and float is at 136.06M with Short Float at 8.09%.
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
The most recent transaction is an insider sale by ROBINS BRIAN G, the company’s Chief Financial Officer. SEC filings show that ROBINS BRIAN G sold 45,000 shares of the company’s common stock on May 13 ’25 at a price of $53.04 per share for a total of $2.39 million. Following the sale, the insider now owns 0.34 million shares.
Gitlab Inc disclosed in a document filed with the SEC on May 14 ’25 that Sijbrandij Sytse (Executive Chair of the Board) sold a total of 108,600 shares of the company’s common stock. The trade occurred on May 14 ’25 and was made at $53.03 per share for $5.76 million. Following the transaction, the insider now directly holds 0.0 shares of the GTLB stock.
Still, SEC filings show that on May 15 ’25, BLASING KAREN (Director) disposed off 3,250 shares at an average price of $51.58 for $0.17 million. The insider now directly holds 108,733 shares of Gitlab Inc (GTLB).
