PubMatic (NASDAQ:PUBM) Rating Lowered to Hold at Wall Street Zen

Posted by Francis Steltz on Oct 26th, 2026

PubMatic (NASDAQ:PUBM – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

PUBM has been the subject of several other research reports. Weiss Ratings downgraded PubMatic from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th. Citigroup reiterated an “outperform” rating on shares of PubMatic in a report on Friday, August 7th. Raymond James Financial raised shares of PubMatic from a “market perform” rating to an “outperform” rating and set a $22.00 price target for the company in a research report on Friday, August 7th. Rosenblatt Securities lifted their price target on shares of PubMatic from $21.00 to $23.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Jefferies Financial Group boosted their price target on shares of PubMatic from $10.00 to $18.00 and gave the company a “hold” rating in a research note on Tuesday, August 11th. Eleven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $19.73.

Check Out Our Latest Analysis on PubMatic

PubMatic Price Performance

NASDAQ:PUBM opened at $17.24 on Friday. PubMatic has a twelve month low of $6.15 and a twelve month high of $19.48. The company has a fifty day moving average of $17.39 and a 200-day moving average of $13.75. The firm has a market capitalization of $785.28 million, a P/E ratio of -57.46 and a beta of 1.56.

PubMatic (NASDAQ:PUBM – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.15. The business had revenue of $78.59 million for 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, analysts anticipate that PubMatic will post -0.09 EPS for the current fiscal year.

Insider Activity

In other news, insider Mukul Kumar sold 8,000 shares of the stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $17.12, for a total value of $136,960.00. Following the completion of the sale, the insider directly owned 117,041 shares of the company’s stock, valued at $2,003,741.92. This represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Andrew Woods sold 10,079 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $18.65, for a total value of $187,973.35. Following the completion of the sale, the general counsel directly owned 39,761 shares of the company’s stock, valued at approximately $741,542.65. This trade represents a 20.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 610,951 shares of company stock worth $10,910,572. Company insiders own 27.78% of the company’s stock.

Institutional Investors Weigh In On PubMatic

Institutional investors and hedge funds have recently bought and sold shares of the stock. WINTON GROUP Ltd lifted its position in shares of PubMatic by 28.0% during the 2nd quarter. WINTON GROUP Ltd now owns 16,900 shares of the company’s stock worth $222,000 after buying an additional 3,700 shares in the last quarter. Squarepoint Ops LLC increased its stake in shares of PubMatic by 168.8% during the 2nd quarter. Squarepoint Ops LLC now owns 62,137 shares of the company’s stock worth $815,000 after purchasing an additional 39,023 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of PubMatic during the 2nd quarter worth approximately $872,000. Pinnacle Holdings LLC purchased a new stake in shares of PubMatic during the 2nd quarter worth approximately $2,076,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of PubMatic in the 2nd quarter worth approximately $1,595,000. 64.26% of the stock is owned by hedge funds and other institutional investors.

PubMatic Company Profile

(Get Free Report)

PubMatic, Inc is a cloud infrastructure and digital advertising technology company that provides solutions for the programmatic advertising industry. Its platform helps publishers, app developers and content creators manage and monetize advertising inventory across websites, mobile applications, connected television and other digital channels.

The company operates primarily as a sell-side platform, connecting publishers with advertisers, agencies and demand-side platforms. Its offerings include tools for real-time bidding, yield management, audience targeting, identity solutions, supply-path optimization and header bidding.