GitLab (NASDAQ:GTLB – Get Free Report) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Insider ActivityIn related news, Director Sytse Sijbrandij sold 116,200 shares of GitLab stock in a transaction dated Monday, June 15th. Following the sale, the director owned 14,902,051 shares of the company’s stock, valued at approximately $423,814,330.44. GitLab Company Profile(Get Free Report)GitLab Inc (NASDAQ: GTLB) is a leading provider of a unified DevOps platform designed to streamline the software development lifecycle.