Gitlab (GTLB) Gets a Hold from Goldman Sachs
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Rangan covers the Technology sector, focusing on stocks such as Microsoft, ServiceNow, and Snowflake. According to TipRanks, Rangan has an average return of 8.7% and a 56.78% success rate on recommended stocks.
In addition to Goldman Sachs, Gitlab also received a Hold from J.P. Morgan's Pinjalim Bora in a report issued on June 11. However, on June 19, RBC Capital maintained a Buy rating on Gitlab (NASDAQ: GTLB).
The company has a one-year high of $74.18 and a one-year low of $37.90. Currently, Gitlab has an average volume of 3.66M.
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GTLB in relation to earlier this year. Most recently, in March 2025, Matthew Jacobson, a Director at GTLB sold 152,884.00 shares for a total of $8,001,252.04.
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