PUBM

PubMatic, Inc.

Nasdaq · Services-Computer Programming, Data Processing, Etc. · Inc. DE · CIK 0001422930
$11.24 -2.60% $522.0M
Insider Selling Cluster (3 insiders)High Impact Filing (7/10)
Vol
Market Cap$522.0M
Cap SizeSmall Cap
Analyst ConsensusBuy (68%)
Inst. Holders8 funds
Inst. Value$43.3M
Inst. Activity2 buys / 0 sells
Insider Activity0B / 13S
Insider Net $-$3.2M
Reddit Sentiment50° Neutral
SEC Reports12
Exchange Nasdaq·Sector Services-Computer Programming, Data Processing, Etc.·Inc. DE·CIK 0001422930·Prev Close $11.54

Recent Activity

Jun 8, 2026 Insider
Goel Rajeev K. sold 44,000 shares
CHIEF EXECUTIVE OFFICER @ $0.00 ($0.00)
Jun 8, 2026 Insider
Goel Rajeev K. sold 44,000 shares
CHIEF EXECUTIVE OFFICER @ $11.33 ($498.7K)
Jun 8, 2026 Insider
Goel Rajeev K. sold 44,000 shares
CHIEF EXECUTIVE OFFICER @ $0.00 ($0.00)
May 16, 2026 SEC
B. Riley Securities upgrades PUBM to Buy — PT $10.50 (+8%) amid 7-firm cluster action
ANALYST-UPGRADE — Impact 2/10
May 11, 2026 short_volume
Short Volume: PUBM — 64.0% short (0.3M / 0.5M)
Short: 323,777 | Exempt: 3,841 | TRF Vol: 505,793 | Short Ratio: 64.0% | Off-exchange volume (dark p
Apr 16, 2026 SEC
Wolfe Research initiates coverage on PUBM with an Outperform rating and $25 price target, implying 158% upside from the
ANALYST-UPGRADE — Impact 7/10
Apr 16, 2026 SEC
Scotiabank initiates coverage on PUBM with Sector Perform rating and $17 price target, implying 75% upside from current
ANALYST-UPGRADE — Impact 6/10
Inst.
MORGAN STANLEY — DOUBLED
320,392 shares ($2.8M)

Price Targets

$12.89 +12.0% upside Buy
Current $11.51 Low $8.00 Median $12.00 High $21.00 9 analysts
$8.00 $21.00

Analyst Ratings

Buy68% buy · 19 analysts
4Strong Buy
9Buy
6Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 8, 2026 RBC Capital MAINTAIN Outperform → Outperform
Apr 23, 2026 Rosenblatt MAINTAIN Buy → Buy
Mar 20, 2026 Rosenblatt MAINTAIN Buy → Buy
Feb 27, 2026 Rosenblatt MAINTAIN Buy → Buy
Feb 27, 2026 B. Riley Securities UPGRADE Neutral → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.01 ▲ +73.3% $-0.08 — $0.07 -120% YoY 6
Next Q $0.02 ▼ -50.0% $-0.06 — $0.11 -33% YoY 6
Current FY $0.28 ▲ +15.2% $0.18 — $0.42 -14% YoY 6
Next FY $0.49 ▲ +7.3% $0.28 — $0.70 71% YoY 6

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$21.1M
RENAISSANCE TECHNOLOGIES LLC$10.8M
TWO SIGMA INVESTMENTS, LP$4.2MDOUBLED
MORGAN STANLEY$2.8MDOUBLED
CHARLES SCHWAB INVESTMENT MANAGEMENT$2.7MNEW

Recent Insider Trades

DateInsiderTypeValue
Jun 8, 2026Goel RajeevC$0.00
Jun 8, 2026Goel RajeevSELL$498.7K
Jun 8, 2026Goel RajeevM$0.00
Jun 8, 2026Goel RajeevM$94.6K
Jun 8, 2026Goel RajeevC$0.00

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
5 mentions 0 bullish 0 bearish
8 institutional holders with $43.3M total value (4,879,443 shares) as of 2025-Q4. Top holders: VANGUARD, RENAISSANCE, TWO. Net buying activity: 2 institutions added/increased vs 0 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC2,379,185$21.1M48.8%
2RENAISSANCE TECHNOLOGIES LLC1,219,333$10.8M25.0%
3TWO SIGMA INVESTMENTS, LP474,180$4.2M9.7%DOUBLED +146.7%
4MORGAN STANLEY320,392$2.8M6.6%DOUBLED +100.7%
5CHARLES SCHWAB INVESTMENT MANAGEMENT INC300,280$2.7M6.2%NEW
6BANK OF AMERICA CORP /DE/100,010$887.1K2.0%DOUBLED +170.2%
7WELLS FARGO & COMPANY/MN81,994$727.3K1.7%
8FMR LLC4,069$36.1K0.1%ADD +44.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
MORGAN STANLEYDOUBLED159,621320,392+100.7%$2.8M2025-Q4
FMR LLCADD2,8254,069+44.0%$36.1K2025-Q4
UBS Group AGDOUBLED119,151422,630+254.7%$3.5M2025-Q3
TWO SIGMA INVESTMENTS, LPDOUBLED156,027384,905+146.7%$3.2M2025-Q3
TWO SIGMA INVESTMENTS, LPNEW156,027$1.9M2025-Q2
MORGAN STANLEYTRIM358,785141,072-60.7%$1.8M2025-Q2
UBS Group AGDOUBLED53,070119,151+124.5%$1.5M2025-Q2
BANK OF AMERICA CORP /DE/DOUBLED38,513104,050+170.2%$1.3M2025-Q2
FMR LLCDOUBLED1,3632,876+111.0%$35.8K2025-Q2
CITADEL ADVISORS LLCTRIM494,662333,401-32.6%$3.0M2025-Q1
UBS Group AGNEAR_EXIT218,22153,070-75.7%$485.1K2025-Q1
FMR LLCTRIM4,0791,363-66.6%$12.5K2025-Q1
TWO SIGMA INVESTMENTS, LPEXIT23,2080-100.0%$0.002025-Q1
UBS Group AGDOUBLED85,159218,221+156.3%$3.2M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW434,867$6.5M2024-Q3
13 unique insiders with 13 transactions. Net insider value: -$3.2M ($0.00 bought, $3.2M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 8, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC44,000$0.00$0.00
Jun 8, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERSELL44,000$11.33$498.7K
Jun 8, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM44,000$0.00$0.00
Jun 8, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM44,000$2.15$94.6K
Jun 8, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC44,000$0.00$0.00
Jun 2, 2026Kumar MukulPRESIDENT, ENGINEERINGM8,000$0.00$0.00
Jun 2, 2026Kumar MukulPRESIDENT, ENGINEERINGC8,000$0.00$0.00
Jun 2, 2026Kumar MukulPRESIDENT, ENGINEERINGC8,000$0.00$0.00
Jun 2, 2026Kumar MukulPRESIDENT, ENGINEERINGSELL8,000$11.96$95.7K
Jun 2, 2026Kumar MukulPRESIDENT, ENGINEERINGM8,000$0.00$0.00
May 31, 2026Glaser ShelaghDirectorM13,437$0.00$0.00
May 31, 2026Glaser ShelaghDirectorM9,971$0.00$0.00
May 31, 2026Shulman Yakov (Jacob)DirectorM9,971$0.00$0.00
May 31, 2026Shulman Yakov (Jacob)DirectorM9,971$0.00$0.00
May 29, 2026Jones RamonDirectorA15,839$0.00$0.00
May 29, 2026MEHTA NIKHIL RAMESHDirectorA15,839$0.00$0.00
May 29, 2026Daimler SusanDirectorA15,839$0.00$0.00
May 29, 2026Hanebrink AntonDirectorA15,839$0.00$0.00
May 29, 2026Glaser ShelaghDirectorA15,839$0.00$0.00
May 29, 2026Shulman Yakov (Jacob)DirectorA15,839$0.00$0.00
May 26, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERSELL44,000$10.41$458.2K
May 26, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC44,000$0.00$0.00
May 26, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM7,996$0.00$0.00
May 26, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM7,996$1.11$8.9K
May 26, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC44,000$0.00$0.00
May 18, 2026Gimbel LisaCHIEF ACCOUNTING OFFICERSELL2,863$9.89$28.3K
May 15, 2026Gimbel LisaCHIEF ACCOUNTING OFFICERM1,395$0.00$0.00
May 15, 2026Gimbel LisaCHIEF ACCOUNTING OFFICERM1,395$0.00$0.00
May 14, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM44,000$1.11$48.8K
May 14, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM44,000$0.00$0.00
May 14, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERSELL44,000$9.55$420.3K
May 14, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC44,000$0.00$0.00
May 14, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC44,000$0.00$0.00
Apr 27, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC44,000$0.00$0.00
Apr 27, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERSELL44,000$9.78$430.1K
Apr 27, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM44,000$0.00$0.00
Apr 27, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM44,000$1.11$48.8K
Apr 27, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC44,000$0.00$0.00
Apr 13, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC17,466$0.00$0.00
Apr 13, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERSELL44,000$8.65$380.5K
Apr 13, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM17,466$0.00$0.00
Apr 13, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERM17,466$1.11$19.4K
Apr 13, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERC17,466$0.00$0.00
Apr 8, 2026Woods AndrewGENERAL COUNSEL & SECRETARYM2,810$0.00$0.00
Apr 6, 2026Klimenko PaulinaCHIEF GROWTH OFFICERSELL11,784$8.44$99.5K
Apr 6, 2026Pantelick StevenCHIEF FINANCIAL OFFICERSELL16,282$8.44$137.5K
Apr 2, 2026Goel Rajeev K.CHIEF EXECUTIVE OFFICERSELL49,916$8.17$408.0K
Apr 2, 2026Pantelick StevenCHIEF FINANCIAL OFFICERSELL16,747$8.17$136.9K
Apr 2, 2026Goel Amar K.CHAIRMAN, CHIEF INNOVATION OFFSELL6,528$8.17$53.4K
Apr 2, 2026Klimenko PaulinaCHIEF GROWTH OFFICERSELL12,091$8.17$98.8K
12 SEC filing reports analyzed. Sentiment: 2 bullish, 4 bearish, 4 mixed, 2 neutral. Avg impact: 5.7/10.
MIXED ANALYST-UPGRADE 6/10
Scotiabank initiates coverage on PUBM with Sector Perform rating and $17 price target, implying 75%
Apr 16, 2026
BULLISH ANALYST-UPGRADE 2/10
B. Riley Securities upgrades PUBM to Buy — PT $10.50 (+8%) amid 7-firm cluster action
May 16, 2026
MIXED ANALYST-UPGRADE 7/10
Wolfe Research initiates coverage on PUBM with an Outperform rating and $25 price target, implying 1
Apr 16, 2026
MIXED ANALYST-UPGRADE 7/10
B. Riley Securities upgraded the stock to Buy from Neutral on February 27, 2026, raising its price t
Apr 16, 2026
MIXED ANALYST-UPGRADE 7/10
Rosenblatt initiates coverage on PUBM with a Buy rating and $17 price target, implying 75% upside fr
Apr 16, 2026
BEARISH ANALYST-DOWNGRADE 8/10
Lake Street downgraded the stock to Hold from Buy and slashed its price target by 50% to $9.50, now
Apr 16, 2026
BEARISH ANALYST-DOWNGRADE 8/10
B. Riley Securities downgraded the stock to Neutral from Buy and slashed its price target 47% from $
Apr 16, 2026
BEARISH CLUSTER 5/10
CEO Rajeev Goel and CAO Lisa Gimbel sold a combined $449K in open-market sales within a week of PubM
May 19, 2026
BULLISH 8-K 7/10
PubMatic reported preliminary Q1 2026 revenue of $62.4M and adjusted EBITDA of $2.5M, exceeding guid
Apr 22, 2026
NEUTRAL DEFA14A 2/10
PubMatic is holding its 2026 annual meeting where shareholders will vote on the election of director
Apr 15, 2026
NEUTRAL 144 3/10
Rajeev Goel, an officer of PubMatic, has filed a Form 144 to notify intent to sell up to 44,000 shar
Apr 13, 2026
BEARISH CLUSTER 6/10
Six corporate insiders at PubMatic, including the CEO, CFO, and other C-suite executives, sold share
Apr 8, 2026

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Buy (68% buy). Based on 19 analysts: 4 strong buy, 9 buy, 6 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$12.89 mean target +12.0% upside Buy (3.00)
$8.00 Low $21.00 High
MetricValue
Current Price$11.51
Target Low$8.00
Target Mean$12.89
Target Median$12.00
Target High$21.00
# Analysts9
RecommendationBuy (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.01 $-0.08 $0.07 -120.0% +73.3% 1↑ 0↓ $0.1B -2.9% 6
Next Q
2026-09-30
$0.02 $-0.06 $0.11 -33.3% -50.0% $0.1B 4.6% 6
Current FY
2026-12-31
$0.28 $0.18 $0.42 -13.6% +15.2% 2↑ 2↓ $0.3B 4.0% 6
Next FY
2027-12-31
$0.49 $0.28 $0.70 71.3% +7.3% 3↑ 1↓ $0.3B 7.5% 6

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.010
7d ago$-0.050+0.040
30d ago$-0.037+0.027
60d ago$-0.038+0.028
90d ago$-0.013+0.003
3 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 8, 2026 RBC Capital MAINTAIN Outperform Outperform
Apr 23, 2026 Rosenblatt MAINTAIN Buy Buy
Mar 20, 2026 Rosenblatt MAINTAIN Buy Buy
Feb 27, 2026 Rosenblatt MAINTAIN Buy Buy
Feb 27, 2026 B. Riley Securities UPGRADE Neutral Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20264960068%
May 1, 20264960068%
Apr 1, 20264960068%
Mar 1, 20264870063%
Feb 1, 20264780058%
Jan 1, 20264780058%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

50°
Neutral
Bearish Neutral Bullish
5 mentions 0 bullish 0 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 25, 2026450° Neutral004
May 25, 2026150° Neutral001

Recent Reddit Threads

May 11, 2026
short_volume
Short Volume: PUBM — 64.0% short (0.3M / 0.5M)
Short: 323,777 | Exempt: 3,841 | TRF Vol: 505,793 | Short Ratio: 64.0% | Off-exchange volume (dark pool + OTC)
May 7, 2026
earnings_calendar
PUBM Q1 2026 Earnings After Market Close — 2026-05-07
Feb 26, 2026
earnings_calendar
PUBM Q4 2025 Earnings After Market Close — 2026-02-26