IL0011684185 - Common Stock
GTLB stock tumbled after GitLab earnings topped estimates for Q4 but the software maker's fiscal 2025 guidance disappointed.
JFrog director sells $7.1M worth of stock, reducing total holdings to 4.76M shares.
The key indexes are still near 52-week or all-time highs.
The supply chain software provider orchestrated a significantly better-than-expected quarter.
JFrog CEO Ben Haim Shlomi sells 123,701 shares worth $4.33M, increasing total share holding to 4.85M shares. Stock price up 1.7%.
DocuSign shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 89.
Oppenheimer raised its price target on JFrog to $41, believing in the company's underappreciated platform growth story. Read more here
On Friday, the IBD SmartSelect Composite Rating for Freshworks stock rose from 94 to 96. The computer software stock sports a 93 RS Rating.
Workday stock saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 88 to 91.
On Wednesday, computer software Snowflake stock got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96.
Palantir Technologies stock saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 94 the day before.
One stock that fits that bill is Five9 stock, which had its Relative Strength (RS) Rating upgraded from 79 to 82 Wednesday.