Insider Selling: PubMatic (NASDAQ:PUBM) CEO Sells $498,520.00 in Stock

Posted by Geri Gentry on Jun 12th, 2026

PubMatic, Inc. (NASDAQ:PUBM – Get Free Report) CEO Rajeev Goel sold 44,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $11.33, for a total transaction of $498,520.00. Following the completion of the transaction, the chief executive officer directly owned 21,206 shares of the company’s stock, valued at approximately $240,263.98. This represents a 67.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

PubMatic Price Performance

NASDAQ:PUBM opened at $11.27 on Friday. The firm has a 50 day simple moving average of $10.00 and a 200-day simple moving average of $8.76. The firm has a market cap of $523.38 million, a PE ratio of -29.66 and a beta of 1.57. PubMatic, Inc. has a 1-year low of $6.15 and a 1-year high of $13.88.

PubMatic (NASDAQ:PUBM – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.05. The business had revenue of $62.57 million during the quarter, compared to analyst estimates of $60.42 million. PubMatic had a negative net margin of 6.21% and a negative return on equity of 6.98%. As a group, sell-side analysts expect that PubMatic, Inc. will post -0.25 earnings per share for the current fiscal year.

Institutional Investors Weigh In On PubMatic

Institutional investors have recently bought and sold shares of the stock. Quantinno Capital Management LP grew its stake in PubMatic by 248.0% during the first quarter. Quantinno Capital Management LP now owns 206,815 shares of the company’s stock worth $1,692,000 after buying an additional 147,386 shares during the period. Renaissance Technologies LLC grew its stake in PubMatic by 26.3% during the first quarter. Renaissance Technologies LLC now owns 1,540,533 shares of the company’s stock worth $12,602,000 after buying an additional 321,200 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in PubMatic during the first quarter worth approximately $1,687,000. Sei Investments Co. purchased a new stake in PubMatic during the first quarter worth approximately $129,000. Finally, State of Wyoming purchased a new stake in PubMatic during the first quarter worth approximately $61,000. 64.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PUBM has been the subject of a number of analyst reports. Wall Street Zen raised shares of PubMatic from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings reissued a “sell (d)” rating on shares of PubMatic in a research report on Tuesday, April 21st. Royal Bank Of Canada boosted their target price on shares of PubMatic from $11.00 to $13.00 and gave the company an “outperform” rating in a report on Friday, May 8th. B. Riley Financial restated a “buy” rating on shares of PubMatic in a report on Friday, May 8th. Finally, Lake Street Capital upgraded shares of PubMatic from a “hold” rating to a “strong-buy” rating in a report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, PubMatic currently has an average rating of “Moderate Buy” and an average target price of $12.88.

View Our Latest Stock Report on PubMatic

About PubMatic

(Get Free Report)

PubMatic is a cloud-based digital advertising technology company that provides a supply-side platform (SSP) enabling publishers to automate and optimize the sale of their ad inventory across display, mobile, video and connected TV channels. Its core offerings include real-time bidding infrastructure, header bidding solutions under the OpenWrap brand and data analytics tools that deliver actionable insights on audience engagement and monetization performance. By facilitating seamless auctions and providing transparent reporting, PubMatic helps publishers maximize yield while improving buyer experiences.

Founded in 2006 by Rajeev Goel and a team of ad-tech veterans, PubMatic grew from an early entrant in programmatic selling to a publicly traded company, listing on the Nasdaq (symbol: PUBM) in December 2020.