Steven Pantelick Sells 23,548 Shares of PubMatic (NASDAQ:PUBM) Stock

Posted by Stanley Muller on Jul 6th, 2026

PubMatic, Inc. (NASDAQ:PUBM – Get Free Report) CFO Steven Pantelick sold 23,548 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $13.65, for a total transaction of $321,430.20. Following the completion of the sale, the chief financial officer directly owned 64,820 shares of the company’s stock, valued at approximately $884,793. This trade represents a 26.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.

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

On Monday, July 6th, Steven Pantelick sold 12,548 shares of PubMatic stock. The shares were sold at an average price of $13.42, for a total value of $168,394.16.

PubMatic Stock Down 0.2%

PubMatic stock traded down $0.03 during trading hours on Monday, hitting $13.52. The stock had a trading volume of 433,149 shares, compared to its average volume of 704,710. The company has a 50-day moving average of $11.04 and a two-hundred day moving average of $9.11. PubMatic, Inc. has a fifty-two week low of $6.15 and a fifty-two week high of $13.99. The company 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 announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.32) by $0.05. The firm had revenue of $62.57 million for 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, analysts forecast that PubMatic, Inc. will post -0.26 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Acuitas Investments LLC increased its position in PubMatic by 142.8% in the 3rd quarter. Acuitas Investments LLC now owns 355,651 shares of the company’s stock valued at $2,945,000 after acquiring an additional 209,159 shares in the last quarter. Simcoe Capital LLC acquired a new position in shares of PubMatic during the fourth quarter worth approximately $3,625,000. CenterBook Partners LP grew its stake in shares of PubMatic by 53.3% during the fourth quarter. CenterBook Partners LP now owns 1,147,055 shares of the company’s stock valued at $10,174,000 after purchasing an additional 398,595 shares during the last quarter. Quarry LP acquired a new stake in shares of PubMatic in the fourth quarter valued at approximately $30,000. Finally, Sei Investments Co. bought a new position in PubMatic in the 1st quarter worth approximately $129,000. 64.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Read Our Latest Research Report on PUBM

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.