Andrew Woods Sells 4,881 Shares of PubMatic (NASDAQ:PUBM) Stock
by Doug Wharley · The Cerbat GemPubMatic, Inc. (NASDAQ:PUBM – Get Free Report) General Counsel Andrew Woods sold 4,881 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $8.61, for a total transaction of $42,025.41. Following the completion of the sale, the general counsel owned 59,769 shares of the company’s stock, valued at $514,611.09. The trade was a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
PubMatic Stock Performance
Shares of NASDAQ PUBM traded up $0.17 during trading on Monday, hitting $8.76. 444,488 shares of the company traded hands, compared to its average volume of 459,099. The firm has a market capitalization of $406.64 million, a price-to-earnings ratio of -46.11 and a beta of 1.49. The business’s fifty day moving average is $8.86 and its 200 day moving average is $9.54. PubMatic, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $17.32.
PubMatic (NASDAQ:PUBM – Get Free Report) last issued its earnings results on Monday, November 10th. The company reported $0.03 EPS for the quarter, beating the consensus estimate 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, analysts predict that PubMatic, Inc. will post 0.22 EPS for the current year.
Analysts Set New Price Targets
PUBM has been the topic of a number of recent research reports. Rosenblatt Securities increased their target price on PubMatic from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Weiss Ratings restated a “sell (d)” rating on shares of PubMatic in a report on Wednesday, October 8th. Wall Street Zen raised shares of PubMatic from a “sell” rating to a “hold” rating in a research note on Sunday, December 21st. Wolfe Research reissued an “outperform” rating and set a $14.00 target price on shares of PubMatic in a research report on Monday. Finally, Evercore ISI upped their target price on shares of PubMatic from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Tuesday, November 11th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $12.44.
View Our Latest Stock Analysis on PUBM
Key Stores Impacting PubMatic
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)
Hedge Funds Weigh In On PubMatic
Several institutional investors have recently bought and sold shares of PUBM. Tower Research Capital LLC TRC grew its stake in shares of 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 during the period. CWM LLC boosted its position in 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 during the period. BNP Paribas Financial Markets increased its stake in shares of PubMatic by 120.8% in 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 in the last quarter. State of Wyoming bought a new stake in shares of PubMatic in the first quarter valued at approximately $82,000. Finally, Headlands Technologies LLC lifted its stake in shares of PubMatic by 59.2% during the 2nd quarter. Headlands Technologies LLC now owns 12,043 shares of the company’s stock valued at $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.
About PubMatic
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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