Acuitas Investments LLC Takes $1.82 Million Position in PubMatic, Inc. $PUBM

Acuitas Investments LLC purchased a new stake in shares of PubMatic, Inc. (NASDAQ:PUBM) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 146,492 shares of the company’s stock, valued at approximately $1,822,000. Acuitas Investments LLC owned about 0.30% of PubMatic at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in PubMatic by 23,208.3% during the 1st quarter. GAMMA Investing LLC now owns 2,797 shares of the company’s stock worth $26,000 after purchasing an additional 2,785 shares in the last quarter. Headlands Technologies LLC purchased a new stake in PubMatic during the 1st quarter worth about $69,000. CWM LLC lifted its holdings in PubMatic by 506.1% during the 2nd quarter. CWM LLC now owns 5,964 shares of the company’s stock worth $74,000 after purchasing an additional 4,980 shares in the last quarter. Quantbot Technologies LP purchased a new stake in PubMatic during the 1st quarter worth about $78,000. Finally, State of Wyoming purchased a new stake in PubMatic during the 1st quarter worth about $82,000. Hedge funds and other institutional investors own 64.26% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on PUBM. Lake Street Capital cut PubMatic from a “buy” rating to a “hold” rating and lowered their price target for the company from $19.00 to $9.50 in a report on Tuesday, August 12th. JMP Securities lowered their price target on PubMatic from $16.00 to $12.00 and set a “market outperform” rating on the stock in a report on Tuesday, August 12th. Wall Street Zen raised PubMatic from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Royal Bank Of Canada reduced their price objective on PubMatic from $14.00 to $11.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 12th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $17.00 price objective on shares of PubMatic in a research report on Tuesday, September 9th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $12.44.

PubMatic Price Performance

PUBM opened at $8.59 on Friday. The stock’s 50 day simple moving average is $8.40 and its 200 day simple moving average is $10.16. PubMatic, Inc. has a 1 year low of $7.01 and a 1 year high of $17.74. The firm has a market cap of $392.73 million, a price-to-earnings ratio of -122.70 and a beta of 1.50.

PubMatic (NASDAQ:PUBM) last posted its quarterly earnings results on Monday, August 11th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.13). PubMatic had a negative return on equity of 0.64% and a negative net margin of 0.58%.The company had revenue of $71.10 million for the quarter, compared to the consensus estimate of $67.77 million. During the same quarter in the previous year, the business earned $0.04 earnings per share. PubMatic’s revenue was up 5.6% compared to the same quarter last year. PubMatic has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that PubMatic, Inc. will post 0.22 EPS for the current year.

Insiders Place Their Bets

In other PubMatic news, CFO Steven Pantelick sold 15,186 shares of the stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $8.38, for a total value of $127,258.68. Following the completion of the sale, the chief financial officer owned 27,026 shares in the company, valued at approximately $226,477.88. This trade represents a 35.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Rajeev K. Goel sold 44,000 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $8.45, for a total value of $371,800.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 311,131 shares of company stock worth $2,727,148. Insiders own 26.42% of the company’s stock.

PubMatic Company Profile

PubMatic, Inc, a technology company, engages in the provision of a cloud infrastructure platform that enables real-time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell-side platform, used for the purchase and sale of digital advertising inventory for publishers and buyers.