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 $309,123 were sold by Goel Rajeev K. on Apr 02 ’25. At $9.31 per share, Goel Rajeev K. sold 33,213 shares. The insider’s holdings dropped to 32,304 shares worth approximately $0.27 million following the completion of this transaction.
Also, Goel Rajeev K. sold 25,000 shares, netting a total of over 228,488 in proceeds. Following the sale of shares at $9.14 each, the insider now holds 0 shares.
Before that, Kumar Mukul had sold 5,401 shares from its account. In a trade valued at $50,269, the PRESIDENT, ENGINEERING traded PubMatic Inc shares for $9.31 each. Upon closing the transaction, the insider’s holdings decreased to 5,401 shares, worth approximately $0.5 million.
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 -0.96%. Over the course of the year, PubMatic Inc shares have dropped approximately -43.57%. Shares of the company reached a 52-week high of $17.32 on 02/12/25 and a 52-week low of $7.46 on 04/07/25. A 50-day SMA is recorded $11.87, while a 200-day SMA reached $15.21.
Support And Resistance Levels for PubMatic Inc (PUBM)
According to the 24-hour chart, there is a support level at 8.09, which, if violated, would cause prices to drop to 7.89. In the upper region, resistance lies at 8.57. The next price resistance is at 8.85. RSI (Relative Strength Index) is 36.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.73, which suggests the price will decrease in the coming days. Percent R is at 73.44%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
