Andrew Woods Sells 4,881 Shares of PubMatic (NASDAQ:PUBM) Stock

PubMatic, Inc. (NASDAQ:PUBM) General Counsel Andrew Woods sold 4,881 shares of PubMatic stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $8.61, for a total value of $42,025.41. Following the transaction, the general counsel owned 59,769 shares in the company, valued at approximately $514,611.09. The trade was a 7.55% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

PubMatic Stock Up 0.8%

Shares of PUBM opened at $8.83 on Wednesday. PubMatic, Inc. has a 52-week low of $7.01 and a 52-week high of $17.32. The stock has a fifty day simple moving average of $8.85 and a two-hundred day simple moving average of $9.53. The company has a market capitalization of $409.89 million, a PE ratio of -46.47 and a beta of 1.49.

PubMatic (NASDAQ:PUBM) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.04. PubMatic had a negative net margin of 2.51% and a negative return on equity of 2.78%. The firm had revenue of $67.96 million during the quarter, compared to analyst estimates of $63.95 million. As a group, equities analysts anticipate that PubMatic, Inc. will post 0.22 earnings per share for the current fiscal year.

PubMatic News Roundup

Here are the key news stories impacting PubMatic this week:

• Positive Sentiment: PubMatic unveiled AgenticOS, an operating system to enable autonomous, agent-to-agent programmatic advertising that the company says will orchestrate planning, transacting and optimization across premium digital environments — a strategic product that could expand addressable market and drive differentiated revenue if adopted by publishers and buyers. PubMatic Launches AgenticOS (Business Wire)
• Neutral Sentiment: Trade press coverage of AgenticOS is spreading (product explainers and industry context), which supports awareness and sentiment but does not yet show customer wins, contracts or clear monetization timing — monitor early partner/customer announcements and pilot results for revenue signals. PubMatic Launches AgenticOS (DestinationCRM) Agentic AI as marketing infrastructure (MarketingTechNews) PubMatic launches AgenticOS (Advanced Television)
• Negative Sentiment: Multiple insiders executed open-market sales in early January (CEO Rajeev K. Goel, CFO Steven Pantelick, Chairman Amar K. Goel, General Counsel Andrew Woods and director Mukul Kumar). Collectively the filings show roughly ~116,000 shares sold (~$1M of proceeds at recent prices). Large reductions by the CEO/C-suite can be interpreted negatively by the market and may weigh on sentiment until clearer operational or revenue upside appears. CEO Form 4 (SEC)

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Wolfe Research reiterated an “outperform” rating and issued a $14.00 price objective on shares of PubMatic in a research report on Monday. Evercore ISI lifted their target price on PubMatic from $12.00 to $13.00 and gave the company an “outperform” rating in a research report on Tuesday, November 11th. Wall Street Zen upgraded PubMatic from a “sell” rating to a “hold” rating in a report on Sunday, December 21st. Weiss Ratings reissued a “sell (d)” rating on shares of PubMatic in a research report on Wednesday, October 8th. Finally, Rosenblatt Securities upped their target price on shares of PubMatic from $17.00 to $20.00 and gave the company a “buy” 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. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.44.

Institutional Investors Weigh In On PubMatic

Several institutional investors and hedge funds have recently modified their holdings of PUBM. Tower Research Capital LLC TRC lifted its stake in PubMatic by 264.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,878 shares of the company’s stock worth $61,000 after acquiring an additional 3,541 shares in the last quarter. BNP Paribas Financial Markets increased its stake in PubMatic by 120.8% during the third quarter. BNP Paribas Financial Markets now owns 8,875 shares of the company’s stock worth $73,000 after purchasing an additional 4,856 shares during the period. CWM LLC lifted its position in shares of PubMatic by 506.1% during the second 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. State of Wyoming acquired a new stake in shares of PubMatic during the first quarter worth about $82,000. Finally, Diversified Trust Co boosted its stake in shares of PubMatic by 13.1% in the third quarter. Diversified Trust Co now owns 14,704 shares of the company’s stock valued at $122,000 after purchasing an additional 1,699 shares during the period. Hedge funds and other institutional investors own 64.26% of the company’s stock.

PubMatic Company Profile

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.