Yahoo Finance GitLab Inc (GTLB) Chief Legal Officer & Corp Sec Robin Schulman Sells Company Shares
GitLab Inc (NASDAQ:GTLB), a company specializing in the DevOps platform market, enabling organizations to develop, secure, and operate software applications, has reported an insider sale according to a recent SEC filing. Chief Legal Officer & Corporate Secretary Robin Schulman sold 2,425 shares of the company on March 21, 2024.The transaction was disclosed through an SEC filing, which can be accessed through this link. Following this transaction, the insider's total sales over the past year amount to 96,239 shares, with no recorded purchases in the same period.GitLab Inc's insider transaction history over the past year indicates a trend of more insider sales than purchases. Specifically, there have been 40 insider sales and only 2 insider buys.On the day of the insider's recent sale, shares of GitLab Inc were trading at $58.75, giving the company a market capitalization of $9.264 billion.
The insider's sale is part of a broader pattern of insider transactions at GitLab Inc, which market observers often scrutinize for insights into a company's performance and management's perspective on the stock's valuation.
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