PubMatic (NASDAQ:PUBM) CEO Rajeev Goel Sells 17,176 Shares

Posted by Brian Himes on Jul 6th, 2026

PubMatic, Inc. (NASDAQ:PUBM – Get Free Report) CEO Rajeev Goel sold 17,176 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $13.91, for a total transaction of $238,918.16. Following the sale, the chief executive officer directly owned 17,176 shares of the company’s stock, valued at approximately $238,918.16. This trade 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 available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

PubMatic Stock Down 0.2%

PUBM stock traded down $0.03 during midday trading on Monday, reaching $13.52. The company’s stock had a trading volume of 433,149 shares, compared to its average volume of 704,710. The business’s 50-day simple moving average is $11.04 and its 200-day simple moving average is $9.11. PubMatic, Inc. has a 52 week low of $6.15 and a 52 week high of $13.99. The stock has a market cap of $627.91 million, a PE ratio of -35.58 and a beta of 1.51.

PubMatic (NASDAQ:PUBM – Get Free Report) last posted its quarterly earnings results 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. PubMatic had a negative return on equity of 6.98% and a negative net margin of 6.21%.The company had revenue of $62.57 million for the quarter, compared to the consensus estimate of $60.42 million. As a group, equities analysts forecast that PubMatic, Inc. will post -0.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on PUBM shares. B. Riley Financial restated a “buy” rating on shares of PubMatic in a research report on Friday, May 8th. Weiss Ratings restated a “sell (d)” rating on shares of PubMatic in a report on Tuesday, April 21st. Wall Street Zen raised shares of PubMatic from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Royal Bank Of Canada increased their target price on shares of PubMatic from $11.00 to $13.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $21.00 price target on shares of PubMatic in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, PubMatic presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.88.

View Our Latest Analysis on PUBM

Institutional Investors Weigh In On PubMatic

Several large investors have recently made changes to their positions in PUBM. Jane Street Group LLC boosted its stake in shares of PubMatic by 55.7% during the 1st quarter. Jane Street Group LLC now owns 109,423 shares of the company’s stock worth $1,000,000 after acquiring an additional 39,124 shares during the period. Creative Planning acquired a new position in shares of PubMatic in the second quarter valued at about $269,000. Rhumbline Advisers increased its holdings in shares of PubMatic by 9.7% during the second quarter. Rhumbline Advisers now owns 65,840 shares of the company’s stock worth $819,000 after purchasing an additional 5,828 shares during the period. Hsbc Holdings PLC lifted its position in shares of PubMatic by 15.0% during the 2nd quarter. Hsbc Holdings PLC now owns 46,637 shares of the company’s stock valued at $596,000 after acquiring an additional 6,066 shares during the period. Finally, Invesco Ltd. lifted its position in PubMatic by 10.0% during the second quarter. Invesco Ltd. now owns 81,994 shares of the company’s stock worth $1,020,000 after purchasing an additional 7,468 shares during the period. Institutional investors and hedge funds own 64.26% of the company’s stock.

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.