Recent Insider Trading Activity
Steven Pantelick, the Chief Financial Officer of PubMatic Inc (PUBM, Financial), sold 8,876 shares of the company on April 8, 2024, as reported in a SEC Filing. Over the past year, the insider has sold a total of 93,442 shares and has not made any purchases of the stock.Insider Trends at PubMatic Inc
The transaction history for insiders at PubMatic Inc (PUBM) indicates a trend of selling, with 68 insider sells and no insider buys over the past year.
PubMatic Inc's Business Description
PubMatic Inc is a technology company that provides a specialized cloud infrastructure platform that enables real-time programmatic advertising transactions. The company's platform empowers independent app developers and publishers to control and maximize their digital advertising revenue and improve their advertising experience.Valuation and Market Cap
On the date of the insider's recent transaction, shares of PubMatic Inc were trading at $23.71, resulting in a market cap of $1.182 billion. The price-earnings ratio of the company stands at 157.87, significantly above both the industry median of 26.825 and the company's historical median. With the current share price and a GuruFocus Value of $19.24, PubMatic Inc has a price-to-GF-Value ratio of 1.23, indicating that the stock is considered Modestly Overvalued.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
