PubMatic, Inc. (NASDAQ:PUBM) Receives Consensus Rating of “Hold” from Brokerages

Shares of PubMatic, Inc. (NASDAQ:PUBM) have received a consensus rating of “Hold” from the nine research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $12.4375.

A number of analysts have weighed in on the company. Wall Street Zen raised PubMatic from a “sell” rating to a “hold” rating in a report on Sunday, December 21st. B. Riley upped their target price on shares of PubMatic from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Wolfe Research reaffirmed an “outperform” rating and issued a $14.00 target price on shares of PubMatic in a research report on Monday. Evercore ISI boosted their price target on shares of PubMatic from $12.00 to $13.00 and gave the company an “outperform” rating in a research report on Tuesday, November 11th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of PubMatic in a research note on Wednesday, October 8th.

Key Headlines Impacting PubMatic

Here are the key news stories impacting PubMatic this week:

• Positive Sentiment: PubMatic launched AgenticOS, an operating system for agent-to-agent programmatic advertising that management says will help automate planning, transacting and optimization across premium digital environments — a product that could broaden the company’s addressable market and support differentiated revenue if adoption follows. PubMatic Launches AgenticOS (DestinationCRM)
• Neutral Sentiment: Trade press and industry coverage of AgenticOS is increasing awareness but does not yet show contracted customers or near-term monetization; useful for sentiment but neutral until adoption or revenue impacts are visible. Agentic AI as marketing infrastructure (MarketingTechNews)
• Negative Sentiment: Multiple insiders disclosed sizable open-market sales in early January — including Chairman Amar K. Goel, General Counsel Andrew Woods, director Mukul Kumar and CFO Steven Pantelick — representing tens of thousands of shares and roughly ~$1M of proceeds across filings. Large, concentrated insider reductions are being read as a negative signal and are likely pressuring sentiment near-term. Amar K. Goel SEC Form 4 (SEC)

Insider Activity

In other PubMatic news, insider Mukul Kumar sold 5,573 shares of the business’s stock in a transaction on Thursday, January 1st. The shares were sold at an average price of $8.61, for a total value of $47,983.53. Following the transaction, the insider directly owned 87,341 shares of the company’s stock, valued at approximately $752,006.01. The trade was a 6.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Steven Pantelick sold 18,398 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $8.81, for a total transaction of $162,086.38. Following the transaction, the chief financial officer owned 28,685 shares of the company’s stock, valued at approximately $252,714.85. The trade was a 39.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 301,335 shares of company stock worth $2,595,824 over the last 90 days. 26.42% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PubMatic

Large investors have recently modified their holdings of the business. CenterBook Partners LP increased its stake in PubMatic by 239.0% in the 3rd quarter. CenterBook Partners LP now owns 748,460 shares of the company’s stock valued at $6,197,000 after purchasing an additional 527,650 shares in the last quarter. Graham Holdings Co boosted its position in PubMatic by 21.4% during the first quarter. Graham Holdings Co now owns 2,831,462 shares of the company’s stock worth $25,880,000 after purchasing an additional 500,000 shares in the last quarter. Acadian Asset Management LLC grew its holdings in PubMatic by 483.6% in the first quarter. Acadian Asset Management LLC now owns 457,033 shares of the company’s stock valued at $4,174,000 after purchasing an additional 378,714 shares during the last quarter. UBS Group AG grew its holdings in PubMatic by 254.7% in the third quarter. UBS Group AG now owns 422,630 shares of the company’s stock valued at $3,499,000 after purchasing an additional 303,479 shares during the last quarter. Finally, Roubaix Capital LLC purchased a new position in shares of PubMatic in the third quarter valued at $2,247,000. 64.26% of the stock is owned by hedge funds and other institutional investors.

PubMatic Trading Down 1.8%

Shares of NASDAQ:PUBM opened at $8.67 on Friday. PubMatic has a 12-month low of $7.01 and a 12-month high of $17.32. The company has a market capitalization of $402.46 million, a price-to-earnings ratio of -45.63 and a beta of 1.49. The business has a 50-day moving average price of $8.86 and a 200 day moving average price of $9.52.

PubMatic (NASDAQ:PUBM) last issued its quarterly earnings results on Monday, November 10th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.04. The business had revenue of $67.96 million for the quarter, compared to analysts’ expectations of $63.95 million. PubMatic had a negative net margin of 2.51% and a negative return on equity of 2.78%. As a group, equities research analysts predict that PubMatic will post 0.22 earnings per share for the current fiscal year.

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.