GitLab’s chief legal officer sells $647,570 in stock

Published 30/01/2025, 22:28
GitLab’s chief legal officer sells $647,570 in stock

Additionally, the filing noted that Schulman acquired 9,251 shares through the conversion of stock options. These shares were obtained at no cost, as part of an option exercise that is fully vested. For deeper insights into insider transactions and comprehensive financial analysis, including 12 additional ProTips about GitLab, subscribers can access the full company report on InvestingPro. For deeper insights into insider transactions and comprehensive financial analysis, including 12 additional ProTips about GitLab, subscribers can access the full company report on InvestingPro.

Additionally, the filing noted that Schulman acquired 9,251 shares through the conversion of stock options. These shares were obtained at no cost, as part of an option exercise that is fully vested. For deeper insights into insider transactions and comprehensive financial analysis, including 12 additional ProTips about GitLab, subscribers can access the full company report on InvestingPro.

Additionally, the filing noted that Schulman acquired 9,251 shares through the conversion of stock options. These shares were obtained at no cost, as part of an option exercise that is fully vested.

In other recent news, GitLab Inc has been making waves with its strong third-quarter fiscal year 2025 earnings. The company’s revenue surpassed expectations, leading to a significant revenue beat. This positive performance led to Needham analysts adding GitLab to their Conviction List, signaling a positive outlook for the company’s shares. Concurrently, Macquarie initiated coverage on GitLab, highlighting the company’s significant value in the developer security operations market.

TD Cowen, maintaining its Buy rating on GitLab, raised its price target following the company’s impressive third-quarter performance. The firm noted GitLab’s strong momentum, particularly with its Duo product. Additionally, GitLab announced a leadership change, with Bill Staples taking over as CEO.

Piper Sandler also demonstrated confidence in GitLab, raising its price target while maintaining an Overweight rating. The firm cited the company’s strong third-quarter performance and upward revisions in annual projections as key factors. Meanwhile, KeyBanc Capital Markets increased its price target on GitLab, reiterating an Overweight rating and highlighting the company’s potential for over 30% growth in the coming years. These are recent developments and may evolve over time.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.