1 week Ago By ABMN Staff
PubMatic, Inc. ( NASDAQ:PUBM – Get Free Report ) insider Mukul Kumar sold 4,480 shares of PubMatic stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $14.
84, for a total transaction of $66,483.20. Following the completion of the sale, the insider now directly owns 52,005 shares in the company, valued at $771,754.
20. This trade represents a 7.93 % decrease in their position.
The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Mukul Kumar also recently made the following trade(s): PubMatic Stock Performance PubMatic stock opened at $15.33 on Friday.
PubMatic, Inc. has a fifty-two week low of $13.18 and a fifty-two week high of $25.
36. The stock has a market cap of $732.27 million, a P/E ratio of 49.
45 and a beta of 1.40. The firm’s fifty day moving average price is $15.
69 and its 200-day moving average price is $16.63. Institutional Trading of PubMatic Analyst Ratings Changes A number of brokerages recently issued reports on PUBM.
Scotiabank began coverage on PubMatic in a research note on Thursday, December 5th. They issued a “sector perform” rating and a $17.00 price objective on the stock.
Evercore ISI boosted their price target on shares of PubMatic from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th.
Royal Bank of Canada cut their price objective on shares of PubMatic from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Friday.
Finally, Macquarie reissued a “neutral” rating and set a $19.00 target price on shares of PubMatic in a report on Thursday, November 14th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock.
According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $20.63.
Get Our Latest Stock Report on PUBM About PubMatic ( 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. Featured Stories 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.
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