Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Gitlab Inc (NASDAQ: GTLB) closed the day trading at $41.23 down -5.67% from the previous closing price of $43.71. In other words, the price has decreased by -$5.67 from its previous closing price. On the day, 7.0 million shares were traded.
Ratios:
For a better understanding of GTLB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30979.27. For the most recent quarter (mrq), Quick Ratio is recorded 2.42 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On December 12, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $90.
Needham Upgraded its Hold to Buy on October 21, 2024, while the target price for the stock was maintained at $70.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 13 ’25 when ROBINS BRIAN G sold 45,000 shares for $53.04 per share. The transaction valued at 2,386,800 led to the insider holds 344,105 shares of the business.
Sijbrandij Sytse sold 108,600 shares of GTLB for $5,758,611 on May 14 ’25. The Executive Chair of the Board now owns 0 shares after completing the transaction at $53.03 per share. On May 15 ’25, another insider, BLASING KAREN, who serves as the Director of the company, sold 3,250 shares for $51.58 each. As a result, the insider received 167,646 and left with 108,733 shares of the company.
Valuation Measures:
As of this moment, Gitlab’s Price-to-Earnings (P/E) ratio for their current fiscal year is 413.54, and their Forward P/E ratio for the next fiscal year is 43.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 21.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.47 while its Price-to-Book (P/B) ratio in mrq is 8.42.
Stock Price History:
Over the past 52 weeks, GTLB has reached a high of $74.18, while it has fallen to a 52-week low of $37.90. The 50-Day Moving Average of the stock is -10.83%, while the 200-Day Moving Average is calculated to be -25.38%.
Shares Statistics:
A total of 145.89M shares are outstanding, with a floating share count of 136.06M. Insiders hold about 17.71% of the company’s shares, while institutions hold 73.98% stake in the company.
