Sundeep Bedi, a Director at GitLab Inc (GTLB, Financial), has sold 9,000 shares of the company on March 27, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $58.64 per share, resulting in a total value of $527,760.
GitLab Inc is a company that operates in the technology sector, providing a complete DevOps platform delivered as a single application. This platform fundamentally changes the way Development, Security, and Ops teams collaborate and build software. GitLab Inc simplifies the process by helping teams to be more productive and efficient with a seamless, collaborative experience.
Over the past year, the insider has engaged in the sale of 9,000 shares and has not made any purchases of the company's stock. The recent sale by the insider is part of a broader trend observed within the company. In the past year, there have been 2 insider buys and 41 insider sells for GitLab Inc.
On the date of the insider's recent transaction, shares of GitLab Inc were trading at $58.64, giving the company a market capitalization of $9.25 billion.
The insider transaction history and the current market valuation provide a snapshot of the company's recent insider activity and financial standing. For more detailed information and analysis, investors and stakeholders are encouraged to review the full SEC filings and consider the broader market context.
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