Key Points
- Insider selling: CFO Steven Pantelick sold 18,398 shares on Jan. 5 at an average $8.81 (≈$162,086) after selling 12,567 shares on Jan. 2, leaving him with 28,685 shares (a 39.08% stake reduction); multiple other insiders sold about 116,000 shares (~$1.0M) in early January, which may pressure sentiment.
- Product launch: PubMatic introduced AgenticOS, an operating system for agent-to-agent programmatic advertising that management says could expand the addressable market and boost revenue if adopted, though customer contracts and monetization timing remain unproven.
- Financials and analyst views: The company beat the recent quarter's revenue and EPS estimates ($67.96M revenue, $0.03 EPS) but remains unprofitable, and analysts are mixed with a consensus "Hold" rating and a $12.44 target price.
PubMatic, Inc. (NASDAQ:PUBM - Get Free Report) General Counsel Andrew Woods sold 4,881 shares of the firm's stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $8.61, for a total value of $42,025.41. Following the completion of the sale, the general counsel directly owned 59,769 shares of the company's stock, valued at $514,611.09. This represents a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
PubMatic Price Performance
PubMatic stock opened at $8.76 on Tuesday. The stock's 50 day moving average price is $8.86 and its 200 day moving average price is $9.54. The company has a market cap of $406.64 million, a PE ratio of -46.11 and a beta of 1.49. PubMatic, Inc. has a 1-year low of $7.01 and a 1-year high of $17.32.
PubMatic (NASDAQ:PUBM - Get Free Report) last released its earnings results on Monday, November 10th. The company reported $0.03 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.04. PubMatic had a negative return on equity of 2.78% and a negative net margin of 2.51%.The company had revenue of $67.96 million during the quarter, compared to the consensus estimate of $63.95 million. On average, equities research analysts anticipate that PubMatic, Inc. will post 0.22 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on PUBM shares. B. Riley lifted their price target on shares of PubMatic from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, November 11th. Wolfe Research reaffirmed an "outperform" rating and set a $14.00 price objective on shares of PubMatic in a report on Monday. Weiss Ratings reissued a "sell (d)" rating on shares of PubMatic in a report on Wednesday, October 8th. Wall Street Zen raised PubMatic from a "sell" rating to a "hold" rating in a research note on Sunday, December 21st. Finally, Evercore ISI boosted their price objective on shares of PubMatic from $12.00 to $13.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 11th. Five investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, PubMatic presently has an average rating of "Hold" and an average price target of $12.44.
Check Out Our Latest Stock Analysis on PubMatic
Hedge Funds Weigh In On PubMatic
Several hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its position in shares of PubMatic by 264.8% in the second quarter. Tower Research Capital LLC TRC now owns 4,878 shares of the company's stock valued at $61,000 after acquiring an additional 3,541 shares in the last quarter. CWM LLC raised its stake in PubMatic by 506.1% in the 2nd quarter. CWM LLC now owns 5,964 shares of the company's stock valued at $74,000 after purchasing an additional 4,980 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in PubMatic by 120.8% in 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 in the last quarter. State of Wyoming acquired a new stake in shares of PubMatic during the 1st quarter worth about $82,000. Finally, Headlands Technologies LLC grew its holdings in shares of PubMatic by 59.2% during the second quarter. Headlands Technologies LLC now owns 12,043 shares of the company's stock worth $150,000 after buying an additional 4,478 shares in the last quarter. Hedge funds and other institutional investors own 64.26% of the company's stock.
PubMatic News Summary
Here are the key news stories impacting PubMatic this week:
- Positive Sentiment: PubMatic launched AgenticOS, an operating system to enable autonomous, agent-to-agent programmatic advertising; management says it will help orchestrate planning, transacting and optimization across premium digital environments — a product that could expand addressable market and drive differentiated revenue growth if adopted by publishers and buyers. PubMatic Launches AgenticOS (Business Wire)
- Neutral Sentiment: Media coverage of the AgenticOS launch (trade press summaries) is spreading awareness but doesn’t yet provide evidence of customer contracts or monetization timing — useful for sentiment but neutral until revenue impact is visible. PubMatic launches AgenticOS (Advanced Television)
- Negative Sentiment: Multiple insiders (CEO Rajeev K. Goel, CFO Steven Pantelick, Chairman Amar K. Goel, General Counsel Andrew Woods and director Mukul Kumar) disclosed substantial open-market sales in early January — collectively roughly 116,000 shares and about $1.0M in proceeds across filings. Large insider reductions (CEO’s stake fell ~39% from combined sales; CFO reported double transactions) can be interpreted as a negative signal and may pressure sentiment near-term. See SEC disclosure examples. CEO Form 4 (SEC)
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.
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