PubMatic (PUBM) CEO Rajeev K. Goel Sells $863K of Stock
Key Points
- PubMatic, Inc. CEO Rajeev K. Goel sold 50,021 shares on October 22, 2026, in a pre-planned transaction valued at $863,237.
- After the trade, Rajeev K. Goel holds 31,774 $PUBM shares, down 61.15% from before the trade.
- The cloud infrastructure firm reported trailing twelve month revenue of $289.17 million ahead of its next earnings report scheduled for November 9, 2026.
- Wall Street analysts hold a consensus mean price target of $21.00 for the technology company's shares.
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PubMatic, Inc. Chief Executive Officer Rajeev K. Goel sold 50,021 shares of the company on October 22, 2026. The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission.
PUBM
PubMatic, Inc.
Inside Rajeev K. Goel's PUBM Trade
According to the regulatory filing, the chief executive officer sold the shares at an average price of $17.26 for a total value of $863,237.41. The pre-planned sale reduced Mr. Goel's holdings by 61.15%, leaving him with 31,774 shares of PubMatic stock following the transaction. The stock closed at $17.17 on the day of the trade.
Other Institutional Activity in PubMatic
Other large funds have adjusted their stakes in the cloud infrastructure provider over recent quarters. Graham Holdings Co maintained its position with 3,398,904 shares valued at $58,597,104. Acadian Asset Management, LLC trimmed its holding by 2,680 shares, ending with 1,573,911 shares worth $27,134,225. Renaissance Technologies, LLC cut its stake by 119,551 shares, or 7.8%, down to 1,421,049 shares valued at $24,498,884. Whitefort Capital Management, LP grew its holdings by 420,636 shares, a 61.0% increase, ending with 1,110,656 shares worth $19,147,709. Jacobs Levy Equity Management, Inc. reduced its position by 69,267 shares, or 7.4%, finishing with 862,996 shares worth $14,878,050.
PubMatic, Inc. Stock Down 1.3%
The company's shares recently traded around $17.24, sitting 0.4% above their event-day close and 11.5% below their 52-week high of $19.48.
Recent Earnings
The software firm reported trailing twelve month revenue of $289.17 million and a negative basic EPS of $0.29. Its next quarterly financial update is scheduled for November 9, 2026.
Insider Buying and Selling at PubMatic, Inc.
Several other executives have completed transactions in recent weeks. Chief Financial Officer Steven M. Pantelick sold 22,173 shares on October 5, 2026, for $413,815. Chairman of the Board Amar K. Goel sold 10,795 shares on the same day for $201,488. General Counsel Andrew Woods sold 10,079 shares on October 5, 2026, for $187,997. President of Engineering Mukul Kumar sold 8,000 shares on October 16, 2026, for $136,984.80.
Analysts Set New Price Targets
Wall Street firms have updated their outlooks on the technology company in recent months. Citizens maintained a Market Outperform rating with a $20.00 price target on August 7, 2026. Jefferies maintained a Hold rating with an $18.00 target on August 11, 2026. Evercore ISI Group maintained an Outperform rating with a $21.00 target on August 11, 2026. B. Riley Securities maintained a Buy rating with a $21.00 target on September 18, 2026. Craig-Hallum initiated coverage with a Buy rating and a $24.00 price target on September 24, 2026. Overall, the stock carries eleven analyst opinions and a consensus target of $21.00.
About PubMatic
PubMatic, Inc. operates a cloud infrastructure platform that facilitates real-time programmatic advertising transactions for digital content creators, publishers, and buyers worldwide. Its sell-side platform helps digital publishers manage and monetize their advertising inventory.
Bottom Line
Investors will look toward the company's upcoming earnings report on November 9, 2026, for further updates on financial performance and operational growth.
Related Filing Alerts
Source: Rajeev K. Goel's Form 4 filing on $PUBM (Oct 22, 2026). Written by software, not financial advice. How we make alerts