PubMatic (NASDAQ:PUBM) CFO Steven Pantelick Sells 15,186 Shares of Stock

PubMatic, Inc. (NASDAQ:PUBM) CFO Steven Pantelick sold 15,186 shares of the business’s stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $8.38, for a total value of $127,258.68. Following the sale, the chief financial officer owned 27,026 shares of the company’s stock, valued at approximately $226,477.88. This represents a 35.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Steven Pantelick also recently made the following trade(s):

• On Thursday, October 2nd, Steven Pantelick sold 15,779 shares of PubMatic stock. The shares were sold at an average price of $8.23, for a total value of $129,861.17.
• On Wednesday, August 27th, Steven Pantelick sold 3,676 shares of PubMatic stock. The shares were sold at an average price of $8.44, for a total value of $31,025.44.

PubMatic Stock Up 1.9%

NASDAQ PUBM opened at $8.44 on Friday. The company has a market cap of $385.88 million, a price-to-earnings ratio of -120.55 and a beta of 1.50. PubMatic, Inc. has a 52 week low of $7.01 and a 52 week high of $17.74. The business has a 50 day moving average price of $9.13 and a 200-day moving average price of $10.26.

PubMatic (NASDAQ:PUBM) last released its quarterly earnings data on Monday, August 11th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.13). The firm had revenue of $71.10 million for the quarter, compared to the consensus estimate of $67.77 million. PubMatic had a negative net margin of 0.58% and a negative return on equity of 0.64%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.04 EPS. PubMatic has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that PubMatic, Inc. will post 0.22 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on PUBM shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PubMatic in a research report on Saturday, September 27th. Scotiabank cut their target price on PubMatic from $15.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 12th. JMP Securities cut their target price on PubMatic from $16.00 to $12.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 12th. Rosenblatt Securities reaffirmed a “buy” rating and set a $17.00 target price on shares of PubMatic in a research report on Tuesday, September 9th. Finally, Lake Street Capital cut PubMatic from a “buy” rating to a “hold” rating and cut their target price for the company from $19.00 to $9.50 in a research report on Tuesday, August 12th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, PubMatic presently has an average rating of “Hold” and a consensus target price of $12.44.

Institutional Investors Weigh In On PubMatic

A number of hedge funds have recently made changes to their positions in the business. Graham Holdings Co raised its stake in shares of PubMatic by 21.4% during the 1st quarter. Graham Holdings Co now owns 2,831,462 shares of the company’s stock worth $25,880,000 after purchasing an additional 500,000 shares during the period. Wellington Management Group LLP raised its stake in shares of PubMatic by 20.0% during the 1st quarter. Wellington Management Group LLP now owns 1,077,921 shares of the company’s stock worth $9,852,000 after purchasing an additional 179,951 shares during the period. Geode Capital Management LLC raised its stake in shares of PubMatic by 5.3% during the 2nd quarter. Geode Capital Management LLC now owns 985,948 shares of the company’s stock worth $12,267,000 after purchasing an additional 49,209 shares during the period. Nixon Capital LLC raised its stake in shares of PubMatic by 8.7% during the 1st quarter. Nixon Capital LLC now owns 628,753 shares of the company’s stock worth $5,747,000 after purchasing an additional 50,494 shares during the period. Finally, Acadian Asset Management LLC raised its stake in shares of PubMatic by 37.4% during the 2nd quarter. Acadian Asset Management LLC now owns 628,139 shares of the company’s stock worth $7,810,000 after purchasing an additional 171,106 shares during the period. 64.26% of the stock is currently owned by institutional investors.

PubMatic Company Profile

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.