PubMatic (NASDAQ:PUBM) Chairman Amar Goel Sells 4,468 Shares of Stock

PubMatic, Inc. (NASDAQ:PUBM) Chairman Amar Goel sold 4,468 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $8.23, for a total transaction of $36,771.64. Following the completion of the sale, the chairman owned 20,464 shares of the company’s stock, valued at approximately $168,418.72. This trade represents a 17.92% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

PubMatic Stock Performance

NASDAQ PUBM opened at $8.44 on Friday. The firm’s 50 day moving average price is $9.13 and its two-hundred day moving average price is $10.27. PubMatic, Inc. has a twelve month low of $7.01 and a twelve month high of $17.74. The stock has a market cap of $385.88 million, a price-to-earnings ratio of -120.55 and a beta of 1.50.

PubMatic (NASDAQ:PUBM) last issued its earnings results on Monday, August 11th. The company reported ($0.11) 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 business had revenue of $71.10 million during the quarter, compared to analyst estimates of $67.77 million. During the same period last year, the business earned $0.04 EPS. The business’s quarterly revenue was up 5.6% on a year-over-year basis. PubMatic has set its Q3 2025 guidance at EPS. On average, research analysts forecast that PubMatic, Inc. will post 0.22 EPS for the current fiscal year.

Analyst Ratings Changes

PUBM has been the topic of a number of research reports. Royal Bank Of Canada dropped their target price on PubMatic from $14.00 to $11.00 and set an “outperform” rating on the stock in a report on Tuesday, August 12th. Weiss Ratings reiterated a “sell (d)” rating on shares of PubMatic in a research note on Saturday, September 27th. Wall Street Zen upgraded shares of PubMatic from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Scotiabank lowered their price target on shares of PubMatic from $15.00 to $10.00 and set a “sector perform” rating on the stock in a report on Tuesday, August 12th. Finally, JMP Securities dropped their price target on shares of PubMatic from $16.00 to $12.00 and set a “market outperform” rating on the stock in a research note on Tuesday, August 12th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $12.44.

Institutional Trading of PubMatic

Hedge funds have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of PubMatic by 17.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 94,246 shares of the company’s stock worth $1,384,000 after purchasing an additional 13,926 shares during the period. GAMMA Investing LLC increased its stake in PubMatic by 23,208.3% during the first quarter. GAMMA Investing LLC now owns 2,797 shares of the company’s stock valued at $26,000 after acquiring an additional 2,785 shares during the period. Rhumbline Advisers raised its holdings in PubMatic by 2.3% in the 1st quarter. Rhumbline Advisers now owns 60,012 shares of the company’s stock valued at $548,000 after acquiring an additional 1,341 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of PubMatic in the 1st quarter worth approximately $379,000. Finally, Diversified Trust Co acquired a new stake in shares of PubMatic during the 1st quarter worth approximately $118,000. 64.26% of the stock is owned by institutional investors.

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.