Insider Selling: PubMatic (NASDAQ:PUBM) CEO Sells $486,770.10 in Stock

Posted by Geri Gentry on Jun 22nd, 2026

PubMatic, Inc. (NASDAQ:PUBM – Get Free Report) CEO Rajeev Goel sold 43,077 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $11.30, for a total transaction of $486,770.10. Following the completion of the sale, the chief executive officer owned 43,077 shares in the company, valued at $486,770.10. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

PubMatic Price Performance

Shares of NASDAQ:PUBM remained flat at $11.30 on Monday. 484,876 shares of the stock traded hands, compared to its average volume of 586,522. The firm’s 50 day moving average price is $10.42 and its 200 day moving average price is $8.88. The stock has a market capitalization of $524.77 million, a price-to-earnings ratio of -29.74 and a beta of 1.56. PubMatic, Inc. has a one year low of $6.15 and a one year high of $13.88.

PubMatic (NASDAQ:PUBM – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.05. PubMatic had a negative net margin of 6.21% and a negative return on equity of 6.98%. The business had revenue of $62.57 million during the quarter, compared to analysts’ expectations of $60.42 million. As a group, equities analysts expect that PubMatic, Inc. will post -0.26 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on PUBM shares. Weiss Ratings restated a “sell (d)” rating on shares of PubMatic in a research note on Tuesday, April 21st. Rosenblatt Securities reiterated a “buy” rating and set a $21.00 price target on shares of PubMatic in a research note on Thursday, April 23rd. Wall Street Zen raised shares of PubMatic from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Lake Street Capital upgraded shares of PubMatic from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 27th. Finally, Royal Bank Of Canada raised their price objective on shares of PubMatic from $11.00 to $13.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $12.88.

View Our Latest Analysis on PUBM

Hedge Funds Weigh In On PubMatic

Hedge funds have recently modified their holdings of the stock. Quarry LP bought a new position in shares of PubMatic during the 4th quarter worth approximately $30,000. Caitong International Asset Management Co. Ltd grew its position in PubMatic by 75.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,449 shares of the company’s stock valued at $39,000 after acquiring an additional 1,915 shares during the period. Tower Research Capital LLC TRC raised its stake in PubMatic by 264.8% during the second quarter. Tower Research Capital LLC TRC now owns 4,878 shares of the company’s stock worth $61,000 after acquiring an additional 3,541 shares in the last quarter. State of Wyoming acquired a new position in PubMatic during the first quarter worth $61,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of PubMatic by 120.8% during the third quarter. BNP Paribas Financial Markets now owns 8,875 shares of the company’s stock valued at $73,000 after acquiring an additional 4,856 shares during the period. 64.26% of the stock is owned by institutional investors and hedge funds.

PubMatic Company Profile

(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.