1 week Ago By ABMN Staff
PubMatic, Inc. ( NASDAQ:PUBM – Get Free Report ) Chairman Amar K. Goel sold 4,087 shares of PubMatic stock in a transaction on Thursday, January 2nd.
The shares were sold at an average price of $14.84, for a total transaction of $60,651.08.
Following the completion of the sale, the chairman now owns 14,044 shares in the company, valued at approximately $208,412.96. This represents a 22.
54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website . PubMatic Stock Up 3.
4 % Shares of PUBM opened at $15.33 on Friday. The business has a fifty day moving average of $15.
69 and a 200 day moving average of $16.63. The company has a market cap of $732.
27 million, a PE ratio of 49.45 and a beta of 1.40.
PubMatic, Inc. has a 52-week low of $13.18 and a 52-week high of $25.
36. Institutional Investors Weigh In On PubMatic Several institutional investors have recently made changes to their positions in PUBM. Wellington Management Group LLP grew its holdings in PubMatic by 222.
8% during the 3rd quarter. Wellington Management Group LLP now owns 752,329 shares of the company’s stock valued at $11,187,000 after purchasing an additional 519,275 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of PubMatic in the second quarter worth approximately $6,582,000.
Acadian Asset Management LLC lifted its stake in shares of PubMatic by 28,255.4% during the 2nd quarter. Acadian Asset Management LLC now owns 291,493 shares of the company’s stock worth $5,915,000 after acquiring an additional 290,465 shares during the last quarter.
Renaissance Technologies LLC boosted its holdings in PubMatic by 28.8% during the 2nd quarter. Renaissance Technologies LLC now owns 1,188,700 shares of the company’s stock valued at $24,142,000 after acquiring an additional 265,700 shares during the period.
Finally, Charles Schwab Investment Management Inc. grew its position in PubMatic by 122.5% in the 3rd quarter.
Charles Schwab Investment Management Inc. now owns 434,867 shares of the company’s stock valued at $6,466,000 after acquiring an additional 239,406 shares during the last quarter. Institutional investors own 64.
26% of the company’s stock. Analyst Upgrades and Downgrades Read Our Latest Stock Report on PubMatic PubMatic Company Profile ( Get Free Report ) PubMatic, Inc, a technology company, engages in the provision of a cloud infrastructure platform that enables real-time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell-side platform, used for the purchase and sale of digital advertising inventory for publishers and buyers.
See Also Receive News & Ratings for PubMatic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PubMatic and related companies with MarketBeat.com's FREE daily email newsletter ..
