After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. The current market capitalization of Gitlab Inc is $9.93B. A total of 3.71 million shares were traded on the day, compared to an average of 3.31M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, GTLB has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.
In the most recent transaction, BLASING KAREN sold 6,500 shares of GTLB for 70.58 per share on Feb 18 ’25. After the transaction, the Director now owns 121,733 company shares. In a previous transaction on Feb 18 ’25, Sijbrandij Sytse sold 84,000 shares at 70.61 per share. GTLB shares that Executive Chair of the Board owns now total 0.
Among the insiders who bought shares, KAREN BLASING acquired of 19,500 shares on Feb 18 ’25 at a per-share price of $67.83. In another insider transaction, SYTSE SIJBRANDIJ REVOCABLE TRU bought 168,000 shares at $67.83 per share on Feb 18 ’25.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for GTLB in the last 3 months, the mean price target is $78.48 with high estimates of $90.00 and low estimates of $58.00. In terms of 52-week highs and lows, GTLB has a high of $74.18 and a low of $40.72.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GTLB’s latest balance sheet shows that the firm has $934.70M in Cash & Short Term Investments as of fiscal 2022. There were $0.00 in debt and $241.60M in liabilities at the time. Its Book Value Per Share was $4.76, while its Total Shareholder’s Equity was $799.27M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GTLB is Buy with a score of 4.65.
