PubMatic, Inc. $PUBM Shares Acquired by Inspire Investing LLC

Inspire Investing LLC grew its stake in PubMatic, Inc. (NASDAQ:PUBM) by 37.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,420 shares of the company’s stock after purchasing an additional 10,282 shares during the period. Inspire Investing LLC owned approximately 0.08% of PubMatic worth $342,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of PUBM. GAMMA Investing LLC increased its holdings in shares of PubMatic by 23,208.3% in the first quarter. GAMMA Investing LLC now owns 2,797 shares of the company’s stock valued at $26,000 after purchasing an additional 2,785 shares during the period. Headlands Technologies LLC purchased a new stake in shares of PubMatic in the first quarter valued at approximately $69,000. Quantbot Technologies LP purchased a new stake in shares of PubMatic in the first quarter valued at approximately $78,000. State of Wyoming purchased a new stake in shares of PubMatic in the first quarter valued at approximately $82,000. Finally, Corton Capital Inc. purchased a new stake in shares of PubMatic in the first quarter valued at approximately $91,000. Institutional investors and hedge funds own 64.26% of the company’s stock.

Insider Buying and Selling

In other news, Chairman Amar K. Goel sold 8,020 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $8.45, for a total value of $67,769.00. Following the sale, the chairman directly owned 12,496 shares in the company, valued at $105,591.20. This represents a 39.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Rajeev K. Goel sold 44,000 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $8.22, for a total value of $361,680.00. The disclosure for this sale can be found here. Insiders have sold 398,914 shares of company stock valued at $4,292,813 over the last three months. Insiders own 26.42% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Evercore ISI decreased their price target on PubMatic from $16.00 to $12.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 13th. Rosenblatt Securities reissued a “buy” rating and issued a $17.00 target price on shares of PubMatic in a report on Tuesday, September 9th. Scotiabank lowered their target price on PubMatic from $15.00 to $10.00 and set a “sector perform” rating on the stock in a report on Tuesday, August 12th. B. Riley lowered PubMatic from a “buy” rating to a “neutral” rating and lowered their target price for the company from $17.00 to $9.00 in a report on Tuesday, August 12th. Finally, JMP Securities lowered their target price on PubMatic from $16.00 to $12.00 and set a “market outperform” rating on the stock in a report on Tuesday, August 12th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, PubMatic currently has an average rating of “Moderate Buy” and an average target price of $12.44.

PubMatic Stock Up 2.5%

Shares of NASDAQ:PUBM opened at $8.63 on Thursday. PubMatic, Inc. has a 52-week low of $7.01 and a 52-week high of $17.74. The stock’s fifty day simple moving average is $10.15 and its 200-day simple moving average is $10.38. The company has a market capitalization of $394.56 million, a P/E ratio of -123.27 and a beta of 1.51.

PubMatic (NASDAQ:PUBM) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.13). PubMatic had a negative net margin of 0.58% and a negative return on equity of 0.64%. The company had revenue of $71.10 million during the quarter, compared to analysts’ expectations of $67.77 million. During the same quarter in the prior year, the company earned $0.04 earnings per share. The firm’s revenue was up 5.6% compared to the same quarter last year. PubMatic has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that PubMatic, Inc. will post 0.22 earnings per share for the current year.

PubMatic Company Profile

PubMatic, Inc, a technology company, engages in the provision of a cloud infrastructure platform that enables real-time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell-side platform, used for the purchase and sale of digital advertising inventory for publishers and buyers.