Insider Selling: PubMatic (NASDAQ:PUBM) CFO Sells $341,283.96 in Stock

Posted by Geri Gentry on Aug 17th, 2026

PubMatic, Inc. (NASDAQ:PUBM – Get Free Report) CFO Steven Pantelick sold 19,716 shares of PubMatic stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $17.31, for a total value of $341,283.96. Following the transaction, the chief financial officer owned 10,353 shares in the company, valued at $179,210.43. This represents a 65.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Wednesday, August 12th, Steven Pantelick sold 22,203 shares of PubMatic stock. The shares were sold at an average price of $17.25, for a total value of $383,001.75.
On Monday, July 6th, Steven Pantelick sold 12,548 shares of PubMatic stock. The stock was sold at an average price of $13.42, for a total value of $168,394.16.
On Thursday, July 2nd, Steven Pantelick sold 23,548 shares of PubMatic stock. The stock was sold at an average price of $13.65, for a total value of $321,430.20.

PubMatic Price Performance

NASDAQ:PUBM opened at $17.59 on Monday. PubMatic, Inc. has a fifty-two week low of $6.15 and a fifty-two week high of $18.44. The stock’s 50-day moving average is $13.21 and its two-hundred day moving average is $10.29. The stock has a market cap of $801.22 million, a PE ratio of -58.63 and a beta of 1.54.

PubMatic (NASDAQ:PUBM – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.15. The business had revenue of $78.59 million during the quarter, compared to analyst estimates of $68.95 million. PubMatic had a negative net margin of 4.66% and a negative return on equity of 5.41%. On average, equities research analysts anticipate that PubMatic, Inc. will post -0.26 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Quarry LP bought a new stake in PubMatic during the fourth quarter valued at about $30,000. Caitong International Asset Management Co. Ltd increased its stake in shares of PubMatic by 75.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,449 shares of the company’s stock worth $39,000 after purchasing an additional 1,915 shares during the period. State of Wyoming acquired a new position in shares of PubMatic during the 1st quarter worth about $61,000. Tower Research Capital LLC TRC lifted its position in shares of PubMatic by 264.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,878 shares of the company’s stock worth $61,000 after purchasing an additional 3,541 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in PubMatic by 120.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 8,875 shares of the company’s stock valued at $73,000 after purchasing an additional 4,856 shares during the period. Institutional investors and hedge funds own 64.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on PUBM shares. Royal Bank Of Canada lifted their target price on shares of PubMatic from $11.00 to $13.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Wall Street Zen upgraded PubMatic from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings lowered PubMatic from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, August 11th. Scotiabank upgraded PubMatic from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $8.00 to $21.00 in a report on Friday, August 7th. Finally, Jefferies Financial Group boosted their price target on PubMatic from $10.00 to $18.00 and gave the company a “hold” rating in a research note on Tuesday, August 11th. Ten research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $18.25.

Get Our Latest Stock Report on PubMatic

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.