<div id="readability-page-1"><p>Stephens Investment Management Group LLC decreased its stake in shares of  GitLab Inc. (NASDAQ:GTLB - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 711,709 shares of the company's stock after selling 12,556 shares during the quarter. Stephens Investment Management Group LLC owned 0.44% of GitLab worth $40,105,000 as of its most recent filing with the SEC.</p><ul><li>GitLab: AI-Driven DevSecOps Innovation Sets It Apart</li></ul><p>Several other hedge funds have also made changes to their positions in GTLB. The Manufacturers Life Insurance Company raised its holdings in  GitLab by 11.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 27,960 shares of the company's stock valued at $1,390,000 after acquiring an additional 2,783 shares in the last quarter.  Sanctuary Advisors LLC acquired a new stake in  GitLab during the second quarter worth $199,000.  SG Americas Securities LLC bought a new stake in  GitLab in the 3rd quarter valued at $119,000.  Park Avenue Securities LLC lifted its holdings in shares of  GitLab by 21.6% during the 3rd quarter. Park Avenue Securities LLC now owns 4,995 shares of the company's stock worth $257,000 after acquiring an additional 887 shares during the period.  Finally, CWM LLC boosted its position in shares of  GitLab by 40.9% during the 3rd quarter. CWM LLC now owns 65,523 shares of the company's stock valued at $3,377,000 after acquiring an additional 19,022 shares in the last quarter. Institutional investors own  95.04% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>GTLB has been the subject of a number of analyst reports. Royal Bank of Canada raised their price target on shares of GitLab from $73.00 to $80.00 and gave the stock an &#34;outperform&#34; rating in a research note on Friday, December 6th. KeyCorp upped their price target on GitLab from $74.00 to $80.00 and gave the company an &#34;overweight&#34; rating in a research report on Friday, December 6th. Barclays lifted their price objective on GitLab from $55.00 to $70.00 and gave the company an &#34;equal weight&#34; rating in a report on Monday, December 9th. Needham &amp; Company LLC  reiterated a &#34;buy&#34; rating and set a $85.00 target price on shares of GitLab in a research report on Tuesday, January 7th. Finally, DA Davidson boosted their price target on shares of GitLab from $50.00 to $70.00 and gave the company a &#34;neutral&#34; rating in a research report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one  has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $76.42.</p><ul><li>Why MongoDB’s Drop Could Be Your Best Buy Opportunity for 2025</li></ul><p><b>Check Out Our Latest Report on GTLB</b></p><h2>Insider Buying and Selling at GitLab</h2><p>In related news, insider Robin Schulman sold 9,251 shares of the stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $70.00, for a total transaction of $647,570.00. Following the completion of the transaction, the insider now directly owns 121,893 shares in the company, valued at approximately $8,532,510. This trade represents a 7.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian G. Robins sold 10,000 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $70.83, for a total value of $708,300.00. Following the transaction, the chief financial officer now directly owns 267,380 shares of the company's stock, valued at approximately $18,938,525.40. This trade represents a 3.61 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 828,283 shares of company stock valued at $49,959,990. Company insiders own  21.36% of the company's stock. </p><h2>GitLab Stock Down 1.3 %</h2><ul><li>2 Stock Picks for Year-End: 1 to Keep, 1 to Cut</li></ul><p>Shares of GTLB stock opened at $70.55 on Friday. The firm has a market capitalization of $11.45 billion, a price-to-earnings ratio of -220.47 and a beta of 0.63. GitLab Inc. has a 12-month low of $40.72 and a 12-month high of $78.53. The firm has a fifty day moving average of $63.04 and a 200-day moving average of $56.49. </p><h2>GitLab Company Profile</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than GitLab</li><li>How to Calculate Stock Profit </li><li>Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?</li><li>Market Cap Calculator: How to Calculate Market Cap</li><li>Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?</li><li>What is the Euro STOXX 50 Index?</li><li>Why New Tariffs Could Boost These 3 Basic Materials Stocks</li></ul><p><strong>Want to see what other hedge funds are holding GTLB?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GitLab Inc. (NASDAQ:GTLB - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R1RMQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R1RMQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Where Should You Invest $1,000 Right Now?</h2><p>Before you make your next trade, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.</p><p>Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.</p><p>They believe these five stocks are the five best companies for investors to buy now...</p><p>See The Five Stocks Here </p><h2>Should You Invest $1,000 in GitLab Right Now?</h2><p>Before you consider GitLab, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GitLab wasn't on the list.</p><p>While GitLab currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GTLB

<p>Stephens Investment Management Group LLC reduced its stake in GitLab Inc. (NASDAQ:GTLB) by 1.7%, selling 12,556 shares during the 4th quarter. After the sale, the firm holds 711,709 shares valued at approximately $40.1 million. Other hedge funds have also adjusted their positions in GitLab. Analyst ratings for GitLab have been mostly positive, with several firms raising their price targets. GitLab's stock is currently down 1.3%, trading at $70.55, with a market cap of $11.45 billion.</p>

Stephens Investment Management Group LLC Sells 12,556 Shares of GitLab Inc. (NASDAQ:GTLB)