Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. PubMatic Inc shares valued at $14,019 were sold by Gimbel Lisa on Feb 18 ’25. At $15.39 per share, Gimbel Lisa sold 911 shares. The insider’s holdings dropped to 4,791 shares worth approximately $66930.27 following the completion of this transaction.
Also, Kumar Mukul sold 7,000 shares, netting a total of over 115,540 in proceeds. Following the sale of shares at $16.51 each, the insider now holds 52,005 shares.
Before that, Gimbel Lisa had sold 300 shares from its account. In a trade valued at $4,407, the CHIEF ACCOUNTING OFFICER traded PubMatic Inc shares for $14.69 each. Upon closing the transaction, the insider’s holdings decreased to 300 shares, worth approximately $49369.98.
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 -5.54%. Over the course of the year, PubMatic Inc shares have dropped approximately -4.90%. 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 $15.21, while a 200-day SMA reached $17.09. Nevertheless, trading volume fell to 0.63 million shares from 0.55 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 13.68, which, if violated, would cause prices to drop to 13.38. In the upper region, resistance lies at 14.53. The next price resistance is at 15.09. RSI (Relative Strength Index) is 33.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.15, which suggests the price will decrease in the coming days. Percent R is at 99.26%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
