6 days Ago By ABMN Staff
LPL Financial LLC boosted its holdings in GitLab Inc. ( NASDAQ:GTLB – Free Report ) by 67.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The fund owned 36,549 shares of the company’s stock after purchasing an additional 14,765 shares during the period. LPL Financial LLC’s holdings in GitLab were worth $2,060,000 as of its most recent SEC filing. Other institutional investors have also recently bought and sold shares of the company.
EverSource Wealth Advisors LLC raised its stake in shares of GitLab by 5,700.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 522 shares of the company’s stock worth $29,000 after purchasing an additional 513 shares during the period.
IMG Wealth Management Inc. bought a new stake in GitLab in the fourth quarter worth about $46,000. Raleigh Capital Management Inc.
bought a new stake in GitLab in the fourth quarter worth about $66,000. Smartleaf Asset Management LLC boosted its stake in GitLab by 1,067.6% in the fourth quarter.
Smartleaf Asset Management LLC now owns 1,261 shares of the company’s stock valued at $71,000 after acquiring an additional 1,153 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position in shares of GitLab by 4,273.3% during the 4th quarter.
Steward Partners Investment Advisory LLC now owns 1,312 shares of the company’s stock valued at $74,000 after acquiring an additional 1,282 shares during the period. Institutional investors own 95.04% of the company’s stock.
GitLab Stock Performance Shares of GTLB opened at $42.41 on Tuesday. GitLab Inc.
has a fifty-two week low of $37.90 and a fifty-two week high of $74.18.
The firm has a market cap of $6.88 billion, a price-to-earnings ratio of -132.53 and a beta of 0.
79. The firm has a 50 day moving average price of $55.39 and a 200-day moving average price of $58.
38. Insiders Place Their Bets Wall Street Analyst Weigh In GTLB has been the topic of several research analyst reports. Robert W.
Baird dropped their price objective on GitLab from $80.00 to $76.00 and set an “outperform” rating on the stock in a research note on Monday, March 3rd.
Macquarie reaffirmed an “outperform” rating and issued a $90.00 price target on shares of GitLab in a report on Tuesday, March 4th. Mizuho decreased their price target on GitLab from $80.
00 to $72.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 4th. Needham & Company LLC restated a “buy” rating and issued a $85.
00 price objective on shares of GitLab in a research report on Tuesday, March 4th. Finally, Truist Financial decreased their price target on shares of GitLab from $90.00 to $80.
00 and set a “buy” rating on the stock in a report on Monday, March 31st. Three equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.
com, the company has an average rating of “Moderate Buy” and a consensus target price of $74.64. View Our Latest Stock Analysis on GTLB GitLab 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. Read More 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.
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