Analysts Set PubMatic, Inc. (NASDAQ:PUBM) PT at $12.44

Shares of PubMatic, Inc. (NASDAQ:PUBM) have been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $12.4375.

A number of equities analysts recently issued reports on the company. Scotiabank reduced their target price on PubMatic from $15.00 to $10.00 and set a “sector perform” rating for the company in a research note on Tuesday, August 12th. JMP Securities reduced their target price on PubMatic from $16.00 to $12.00 and set a “market outperform” rating for the company in a research note on Tuesday, August 12th. Royal Bank Of Canada reduced their target price on PubMatic from $14.00 to $11.00 and set an “outperform” rating for the company in a research note on Tuesday, August 12th. Weiss Ratings restated a “sell (d)” rating on shares of PubMatic in a research note on Saturday. Finally, Wall Street Zen upgraded PubMatic from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th.

PubMatic Trading Up 1.9%

Shares of PUBM opened at $8.75 on Monday. PubMatic has a 12 month low of $7.01 and a 12 month high of $17.74. The stock has a fifty day moving average price of $8.41 and a 200-day moving average price of $10.19. The firm has a market cap of $400.05 million, a PE ratio of -124.98 and a beta of 1.50.

PubMatic (NASDAQ:PUBM) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.11) 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 business had revenue of $71.10 million for the quarter, compared to analysts’ expectations of $67.77 million. During the same quarter in the prior year, the company posted $0.04 EPS. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. PubMatic has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that PubMatic will post 0.22 EPS for the current year.

Insider Buying and Selling

In other PubMatic news, Chairman Amar K. Goel sold 8,020 shares of PubMatic stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $8.45, for a total transaction of $67,769.00. Following the completion of the transaction, the chairman owned 12,496 shares in the company, valued at approximately $105,591.20. This trade represents a 39.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Rajeev K. Goel sold 44,000 shares of PubMatic stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $11.28, for a total value of $496,320.00. The disclosure for this sale can be found here. Insiders have sold a total of 311,131 shares of company stock worth $2,727,148 over the last three months. Corporate insiders own 26.42% of the company’s stock.

Hedge Funds Weigh In On PubMatic

A number of institutional investors have recently modified their holdings of the stock. Rhumbline Advisers raised its stake in shares of PubMatic by 2.3% during the 1st quarter. Rhumbline Advisers now owns 60,012 shares of the company’s stock valued at $548,000 after buying an additional 1,341 shares during the last quarter. Diversified Trust Co raised its stake in shares of PubMatic by 13.1% during the 3rd quarter. Diversified Trust Co now owns 14,704 shares of the company’s stock valued at $122,000 after buying an additional 1,699 shares during the last quarter. US Bancorp DE raised its stake in shares of PubMatic by 21.3% during the 1st quarter. US Bancorp DE now owns 14,736 shares of the company’s stock valued at $135,000 after buying an additional 2,591 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of PubMatic by 1.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 141,255 shares of the company’s stock valued at $1,757,000 after buying an additional 2,654 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of PubMatic by 23,208.3% during the 1st quarter. GAMMA Investing LLC now owns 2,797 shares of the company’s stock valued at $26,000 after buying an additional 2,785 shares during the last quarter. Hedge funds and other institutional investors own 64.26% of the company’s stock.

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.