1 week Ago By ABMN Staff
HighTower Advisors LLC acquired a new position in GitLab Inc. ( NASDAQ:GTLB – Free Report ) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,130 shares of the company’s stock, valued at approximately $289,000.
Several other hedge funds have also added to or reduced their stakes in GTLB. Raleigh Capital Management Inc. purchased a new position in shares of GitLab during the 4th quarter valued at $66,000.
Smartleaf Asset Management LLC boosted its holdings in GitLab by 1,067.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,261 shares of the company’s stock worth $71,000 after buying an additional 1,153 shares during the period.
Steward Partners Investment Advisory LLC grew its stake in GitLab by 4,273.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,312 shares of the company’s stock valued at $74,000 after buying an additional 1,282 shares in the last quarter.
First Horizon Advisors Inc. raised its holdings in GitLab by 57.8% during the 4th quarter.
First Horizon Advisors Inc. now owns 1,436 shares of the company’s stock valued at $81,000 after acquiring an additional 526 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of GitLab during the third quarter worth $98,000.
Institutional investors own 95.04% of the company’s stock. GitLab Stock Performance Shares of NASDAQ:GTLB opened at $48.
33 on Thursday. The firm has a market capitalization of $7.84 billion, a P/E ratio of -151.
03 and a beta of 0.67. The stock has a 50 day moving average price of $60.
72 and a 200-day moving average price of $59.04. GitLab Inc.
has a 52-week low of $40.72 and a 52-week high of $74.18.
Analyst Upgrades and Downgrades Get Our Latest Stock Report on GTLB Insider Transactions at GitLab In other GitLab news, Director Susan L. Bostrom sold 40,000 shares of GitLab stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $51.
88, for a total value of $2,075,200.00. Following the completion of the sale, the director now owns 144,913 shares of the company’s stock, valued at approximately $7,518,086.
44. This trade represents a 21.63 % decrease in their position.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, Director Matthew Jacobson sold 152,884 shares of the company’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $52.
34, for a total value of $8,001,948.56. Following the transaction, the director now directly owns 493,554 shares in the company, valued at approximately $25,832,616.
36. The trade was a 23.65 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Over the last three months, insiders have sold 311,886 shares of company stock valued at $17,736,229. Insiders own 21.
36% of the company’s stock. GitLab Company Profile ( Free Report ) GitLab Inc, through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. It offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle.
See Also Want to see what other hedge funds are holding GTLB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GitLab Inc. ( NASDAQ:GTLB – Free Report ).
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