After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted GitLab To Announce Fourth Quarter and Full Year Fiscal 2024 Financial Results.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
Gitlab Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Infrastructure industry. The current market capitalization of Gitlab Inc is $11.23B. A total of 1.53 million shares were traded on the day, compared to an average of 2.65M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, GTLB has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,982 shares. Over the last 12 months, there were 36 BUYs and 84 SELLs from insiders. Insiders purchased 15,105,921 shares during that period but sold 18,520,355.
In the most recent transaction, Sijbrandij Sytse sold 380,000 shares of GTLB for 74.06 per share on Feb 14. After the transaction, the Chief Executive Officer now owns 0 company shares. In a previous transaction on Feb 13, ROBINS BRIAN G sold 13,000 shares at 72.56 per share. GTLB shares that Chief Financial Officer owns now total 319,300.
Among the insiders who sold shares, Schulman Robin disposed of 30,543 shares on Feb 08 at a per-share price of $75.11. This resulted in the Chief Legal Officer & Corp Sec holding 60,132 shares of GTLB after the transaction. In another insider transaction, Schulman Robin sold 15,712 shares at $75.02 per share on Jan 30. Company shares held by the Chief Legal Officer & Corp Sec now total 60,132.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for GTLB in the last 3 months, the mean price target is $75.71 with high estimates of $88.00 and low estimates of $55.00. In terms of 52-week highs and lows, GTLB has a high of $78.53 and a low of $26.24.
As of this writing, GTLB has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $0.1 per share and a lower estimate of $0.06. The company reported an EPS of $0.01 in the last quarter, which was 133.30% higher than expectations of -$0.03.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GTLB’s latest balance sheet shows that the firm has $934.70M in Cash & Short Term Investments as of fiscal 2022. There were $0.00 in debt and $241.60M in liabilities at the time. Its Book Value Per Share was $3.51, while its Total Shareholder’s Equity was $799.27M.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GTLB is Buy with a score of 4.35.
