PUBM — Pubmatic Inc

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Pubmatic Inc

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 for the purchase and sale of digital advertising inventory for publishers and buyers. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$10.74
Market Cap$485M
Float35.7M
Shares Outstanding38.4M
P/E (Forward)53.48
Price/Sales (TTM)1.72
vs. Analyst Target+10.2% to analyst PT
Profit Margin-5.11%
Operating Margin (TTM)11.78%
Revenue (TTM)$283M
Earnings Growth (YoY)-49.50%
Dividend RateNone
Analyst Target Price$11.83 (11 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $149M $26.6M $108M $47.5M
2021 $227M $56.6M $169M $74.5M
2022 $256M $28.7M $175M $77.5M
2023 $267M $8.9M $168M $46.8M
2024 $291M $12.5M $190M $49.3M
2025 $283M -$14.5M $180M $27.8M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Mar 2025 $63.8M -$9.5M
Jun 2025 $71.1M -$5.2M
Sep 2025 $68.0M -$6.5M
Dec 2025 $80.0M $6.7M

Ownership & Float

Insider Ownership1.0%
Institutional Ownership74.1%
Short Float5.3%
% of All Funds Holding1.72%
Number of Funds Holding133

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$9.03Near-term / short-term trend
Weekly40-Week SMA$8.51Medium-term trend
Weekly80-Week SMA$10.62Cyclical trend (business cycle)
Weekly200-Week SMA$14.30Secular trend (multi-year)
Monthly10-Month SMA$8.72Near-term monthly trend
Monthly20-Month SMA$10.67Medium-term monthly trend
Monthly40-Month SMA$13.98Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$11.70 resistance 1.66x 8 months ago
$21.80 resistance 1.83x 20 months ago

Historical Earnings Reactions (23 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 2.07% 4.79% 65.22% 23.66% -32.92%
1 Day 2.34% 0.83% 52.17% 43.40% -33.73%
1 Week 1.36% -0.67% 50.00% 29.59% -32.60%
2 Weeks 0.26% -3.48% 45.45% 36.13% -36.57%
1 Month 1.55% -1.11% 45.45% 47.78% -30.37%

Next earnings: May 7, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.12% 48.4% 252
Tuesday 0.35% 50.4% 280
Wednesday 0.11% 47.1% 278
Thursday 0.06% 48.5% 272
Friday -0.29% 46.0% 272

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 74.1%

Insider Transactions — Smart Summary

Total insider ownership: 1.0%

Founder-led management: Amar Goel (Founder, Chief Innovation Officer & Chairman), Rajeev Goel (Co-Founder, CEO & Director), Mukul Kumar (Co-Founder & President of Engineering)

12-Month Insider Activity Summary

Total Filings60
Net Value-$13.4M
Net Shares Change135,148
% of Float0.4%
C-Suite Filings60
Clusters Detected6

Key Insiders

NameTitleNet ValueFilingsActivity
Goel Rajeev K. CHIEF EXECUTIVE OFFICER -$407,978.443 1 1 sell
Klimenko Paulina CHIEF GROWTH OFFICER -$176,511.728 2 2 sell
Pantelick Steven CHIEF FINANCIAL OFFICER -$136,878.255 1 1 sell
Kumar Mukul PRESIDENT, ENGINEERING -$111,996.631 2 2 sell
Woods Andrew GENERAL COUNSEL and SECRETARY -$88,709.108 2 2 sell
Goel Amar K. CHAIRMAN, CHIEF INNOVATION OFF -$53,355.302 1 1 sell
Gimbel Lisa CHIEF ACCOUNTING OFFICER -$8,027.222 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-06-04 – 2025-06-11 3 3 -$594,676.24 3 C-suite
2025-06-25 – 2025-07-09 8 6 -$2.1M 8 C-suite
2025-08-19 – 2025-08-29 3 3 -$410,346.441 3 C-suite
2025-10-03 – 2025-10-08 9 6 -$1.3M 9 C-suite
2026-01-05 – 2026-01-07 8 6 -$1.3M 8 C-suite
2026-03-31 – 2026-04-14 10 6 -$1.8M 10 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-04-03 Woods Andrew GENERAL COUNSEL and SECRETARY -$46,669.543 Transaction at $8.17, now +31.4%
2026-04-03 Pantelick Steven CHIEF FINANCIAL OFFICER -$136,878.255 Transaction at $8.17, now +31.4%
2026-04-03 Kumar Mukul PRESIDENT, ENGINEERING -$63,996.939 Transaction at $8.17, now +31.4%
2026-04-03 Klimenko Paulina CHIEF GROWTH OFFICER -$98,823.37 Transaction at $8.17, now +31.4%
2026-04-03 Goel Rajeev K. CHIEF EXECUTIVE OFFICER -$407,978.443 Transaction at $8.17, now +31.4%
2026-04-03 Goel Amar K. CHAIRMAN, CHIEF INNOVATION OFF -$53,355.302 Transaction at $8.17, now +31.4%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Pubmatic Inc (PUBM) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for PUBM on Trend Edge →