Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PubMatic Inc shares valued at $115,540 were sold by Kumar Mukul on Feb 10 ’25. At $16.51 per share, Kumar Mukul sold 7,000 shares. The insider’s holdings dropped to 52,005 shares worth approximately $0.82 million following the completion of this transaction.
Also, Gimbel Lisa sold 300 shares, netting a total of over 4,407 in proceeds. Following the sale of shares at $14.69 each, the insider now holds 3,534 shares.
Before that, Goel Rajeev K. had sold 24,891 shares from its account. In a trade valued at $376,750, the CHIEF EXECUTIVE OFFICER traded PubMatic Inc shares for $15.14 each. Upon closing the transaction, the insider’s holdings decreased to 24,891 shares, worth approximately $93156.8.
As published in their initiating research note from Scotiabank on December 05, 2024, PubMatic Inc [PUBM] has been a Sector perform and the price target has been revised to $17. Analysts at Evercore ISI resumed the stock at ‘”an Outperform”‘ outlook in a report released in mid November. As of August 09, 2024, Raymond James has decreased its “an Outperform” rating to a “Mkt perform” for PUBM. Earlier on July 16, 2024, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for PUBM stock.
Analyzing PUBM Stock Performance
During the last five days, there has been a drop of approximately -0.25%. Over the course of the year, PubMatic Inc shares have jumped approximately 7.56%. Shares of the company reached a 52-week high of $17.32 on 02/12/25 and a 52-week low of $13.77 on 01/14/25. A 50-day SMA is recorded $15.55, while a 200-day SMA reached $17.46. Nevertheless, trading volume fell to 0.83 million shares from 0.36 million shares the previous day.
Support And Resistance Levels for PubMatic Inc (PUBM)
According to the 24-hour chart, there is a support level at 14.96, which, if violated, would cause prices to drop to 14.13. In the upper region, resistance lies at 16.81. The next price resistance is at 17.83. RSI (Relative Strength Index) is 52.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.75, which suggests the price will decrease in the coming days. Percent R is at 53.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
