GitLab Inc's Chief Legal Officer & Corp Sec Robin Schulman Sells 15,712 Shares

Robin Schulman, Chief Legal Officer & Corporate Secretary of GitLab Inc (NASDAQ:GTLB), has sold 15,712 shares of the company on January 30, 2024, according to a recent SEC Filing. GitLab Inc is a software company that specializes in the entire software development lifecycle. It provides a Git-based repository manager providing wiki, issue-tracking, and continuous integration and deployment.

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Over the past year, the insider has sold a total of 63,271 shares and has not made any purchases of the company's stock. The recent transaction is part of a series of sales by the insider, indicating a consistent pattern of share disposals over the period.

The insider transaction history for GitLab Inc shows a trend of more insider sales than purchases over the past year. There have been 3 insider buys and 35 insider sells during this timeframe.

On the date of the insider's recent sale, shares of GitLab Inc were trading at $75.02 each, giving the company a market capitalization of $11.26 billion.

GitLab Inc's Chief Legal Officer & Corp Sec Robin Schulman Sells 15,712 Shares

Investors often monitor insider sales as they can provide insights into how the company's executives view the stock's current valuation and future prospects. However, insider transactions are not necessarily indicative of future stock performance and can be influenced by a variety of factors, including personal financial needs and portfolio diversification strategies.

For more detailed information on insider transactions and how they can affect your investment decisions, visit gurufocus.com.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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