On December 2, 2024, Mukul Kumar, President of Engineering at PubMatic Inc (PUBM, Financial), sold 7,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 44,888 shares of the company.
PubMatic Inc (PUBM) is a digital advertising technology company that provides a specialized cloud infrastructure platform. The company enables real-time programmatic advertising transactions for both publishers and advertisers. PubMatic's platform is designed to optimize the monetization of digital advertising inventory across various channels and formats, including mobile, video, and display.
Over the past year, Mukul Kumar has sold a total of 133,443 shares and has not purchased any shares. The insider transaction history for PubMatic Inc indicates that there have been no insider buys in the past year, while there have been 73 insider sells.
On the day of the recent sale, shares of PubMatic Inc were trading at $16.54, giving the stock a market cap of $809.167 million. The company's price-earnings ratio stands at 54.65, which is higher than the industry median of 27.16 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $16.54 and a GF Value of $21.46, PubMatic Inc has a price-to-GF-Value ratio of 0.77, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from 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.
