PubMatic Inc’s filing revealed that its CHIEF EXECUTIVE OFFICER Goel Rajeev K. unloaded Company’s shares for reported $0.27 million on Feb 03 ’25. In the deal valued at $10.84 per share,25,000 shares were sold. As a result of this transaction, Goel Rajeev K. now holds 0 shares worth roughly $0.0.
Then, Pantelick Steven sold 4,000 shares, generating $42,426 in total proceeds. Upon selling the shares at $10.61, the CHIEF FINANCIAL OFFICER now owns 22,506 shares.
Before that, Rajeev Goel bought 25,000 shares. PubMatic Inc shares valued at $257,500 were divested by the Officer at a price of $10.30 per share.
Scotiabank initiated its PubMatic Inc [PUBM] rating to a Sector perform in a research note published on December 05, 2024; the price target was $17. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who remained covering the stock and in mid November has reiterated a ‘”an Outperform”‘ rating for it. Raymond James also remained covering PUBM and has decreased its forecast on August 09, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Wolfe Research started covering the stock on July 16, 2024. It rated PUBM as “an Outperform”.
Price Performance Review of PUBM
On Monday, PubMatic Inc [NASDAQ:PUBM] saw its stock jump 2.11% to $9.68. Over the last five days, the stock has lost -0.21%. PubMatic Inc shares have fallen nearly -34.10% since the year began. Nevertheless, the stocks have fallen -57.88% over the past one year. While a 52-week high of $25.36 was reached on 02/12/25, a 52-week low of $9.07 was recorded on 03/13/25. SMA at 50 days reached $13.88, while 200 days put it at $16.29.
Levels Of Support And Resistance For PUBM Stock
The 24-hour chart illustrates a support level at 9.50, which if violated will result in even more drops to 9.31. On the upside, there is a resistance level at 9.81. A further resistance level may holdings at 9.93. The Relative Strength Index (RSI) on the 14-day chart is 27.36, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.35%. Stochastics %K at 6.05% indicates the stock is a buying.
How much short interest is there in PubMatic Inc?
A steep rise in short interest was recorded in PubMatic Inc stocks on 2025-02-28, growing by 10744.0 shares to a total of 1.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.08 million shares. There was a rise of 0.99%, which implies that there is a positive sentiment for the stock.
