Key Points
- Director Sytse Sijbrandij sold 54,300 GitLab shares on Jan. 14 at $35.96 for about $1.95M, part of a string of recent insider sales including 54,300 shares in December and 108,600 shares in November.
- GitLab beat estimates with quarterly EPS of $0.25 versus $0.20 and revenue of $244.35M (up 24.6% YoY), and issued FY2026 guidance around $0.95–$0.96 EPS.
- Shares were down about 3.9%, trading near their one‑year low with a market cap of roughly $5.85B, while analysts hold a consensus "Moderate Buy" rating and an average target price of $50.79.
GitLab Inc. (NASDAQ:GTLB - Get Free Report) Director Sytse Sijbrandij sold 54,300 shares of the company's stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $35.96, for a total transaction of $1,952,628.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Sytse Sijbrandij also recently made the following trade(s):
- On Monday, December 15th, Sytse Sijbrandij sold 54,300 shares of GitLab stock. The stock was sold at an average price of $38.95, for a total value of $2,114,985.00.
- On Monday, November 17th, Sytse Sijbrandij sold 108,600 shares of GitLab stock. The stock was sold at an average price of $43.17, for a total value of $4,688,262.00.
- On Monday, November 17th, Sytse Sijbrandij sold 108,600 shares of GitLab stock. The shares were sold at an average price of $43.17, for a total value of $4,688,262.00.
GitLab Trading Down 3.9%
Shares of GTLB opened at $34.75 on Friday. The stock has a market cap of $5.85 billion, a P/E ratio of -128.70 and a beta of 0.75. GitLab Inc. has a 1 year low of $34.04 and a 1 year high of $74.18. The stock's 50-day moving average price is $39.59 and its two-hundred day moving average price is $43.85.
GitLab (NASDAQ:GTLB - Get Free Report) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.05. GitLab had a negative return on equity of 1.51% and a negative net margin of 4.70%.The company had revenue of $244.35 million during the quarter, compared to analysts' expectations of $239.31 million. During the same period in the prior year, the business posted $0.23 EPS. GitLab's revenue was up 24.6% on a year-over-year basis. GitLab has set its FY 2026 guidance at 0.950-0.960 EPS and its Q4 2026 guidance at 0.220-0.230 EPS. As a group, equities analysts forecast that GitLab Inc. will post -0.31 EPS for the current year.
Institutional Trading of GitLab
Institutional investors have recently modified their holdings of the company. Allworth Financial LP grew its holdings in shares of GitLab by 124.1% during the third quarter. Allworth Financial LP now owns 558 shares of the company's stock worth $25,000 after buying an additional 309 shares in the last quarter. Quarry LP bought a new stake in GitLab in the 3rd quarter valued at approximately $31,000. Lodestone Wealth Management LLC acquired a new position in GitLab during the 4th quarter worth approximately $36,000. Farther Finance Advisors LLC grew its stake in shares of GitLab by 284.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 907 shares of the company's stock worth $41,000 after acquiring an additional 671 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of GitLab by 84.1% during the 3rd quarter. Global Retirement Partners LLC now owns 974 shares of the company's stock worth $44,000 after acquiring an additional 445 shares in the last quarter. 95.04% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
GTLB has been the subject of a number of recent analyst reports. Mizuho set a $47.00 price objective on shares of GitLab in a research report on Wednesday, December 3rd. Sanford C. Bernstein restated an "outperform" rating on shares of GitLab in a report on Wednesday, December 3rd. Zacks Research raised GitLab from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 8th. DA Davidson reiterated a "neutral" rating and set a $45.00 price objective on shares of GitLab in a report on Monday, December 1st. Finally, Wolfe Research reissued an "outperform" rating and set a $50.00 target price on shares of GitLab in a research note on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, GitLab currently has an average rating of "Moderate Buy" and an average target price of $50.79.
Read Our Latest Stock Report on GTLB
About GitLab
(
Get Free Report)
GitLab Inc (NASDAQ: GTLB) is a leading provider of a unified DevOps platform designed to streamline the software development lifecycle. Founded in 2011 by Dmitriy Zaporozhets and Sid Sijbrandij, the company initially gained recognition for its open-source Git repository manager. Over time, GitLab expanded its offerings to encompass planning, source code management, continuous integration/continuous deployment (CI/CD), security testing, and monitoring in a single application. This integrated approach enables development teams to collaborate efficiently, reduce toolchain complexity, and accelerate release cycles.
The GitLab platform is offered through both cloud-hosted and self-managed deployment models, catering to organizations of all sizes.
Further Reading
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