PubMatic Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGM:PUBM Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
02 Jul 25	SellUS$195,546	Steven Pantelick	Individual	15,598	US$12.54
02 Apr 25	SellUS$112,255	Steven Pantelick	Individual	12,061	US$9.31
18 Nov 24	SellUS$11,535	Lisa Gimbel	Individual	790	US$14.60

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of PUBM?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	2,831,462	6.19%
Individual Insiders	7,579,928	16.6%
General Public	11,783,814	25.8%
Institutions	23,527,828	51.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 61.15% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.31%	Amar Goel	4,254,770	US$35.9m	0.19%	no data
7.55%	BlackRock, Inc.	3,449,893	US$29.1m	-0.06%	no data
6.19%	Graham Holdings Company	2,831,462	US$23.9m	0%	2.47%
5.71%	The Vanguard Group, Inc.	2,611,179	US$22.0m	-23.5%	no data
5.24%	Rajeev Goel	2,394,330	US$20.2m	1.36%	no data
3.24%	Dimensional Fund Advisors LP	1,481,621	US$12.5m	-2.7%	no data
2.92%	Wellington Management Group LLP	1,333,433	US$11.3m	23.7%	no data
2.67%	Renaissance Technologies LLC	1,219,900	US$10.3m	11.3%	0.01%
2.16%	Geode Capital Management, LLC	985,948	US$8.3m	5.25%	no data
2%	State Street Global Advisors, Inc.	915,724	US$7.7m	-1.61%	no data
1.92%	Jacobs Levy Equity Management Inc	877,784	US$7.4m	32.5%	0.03%
1.64%	RBC Global Asset Management Inc.	751,577	US$6.3m	0.54%	no data
1.37%	Acadian Asset Management LLC	628,139	US$5.3m	37.4%	0.01%
1.21%	Steven Pantelick	554,514	US$4.7m	-0.72%	no data
1.09%	Citadel Advisors LLC	497,572	US$4.2m	292%	no data
0.87%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	399,230	US$3.4m	-7.47%	no data
0.78%	D. E. Shaw & Co., L.P.	356,381	US$3.0m	-21.1%	no data
0.76%	Nordea Investment Management, AB	346,047	US$2.9m	0.95%	no data
0.75%	Northern Trust Global Investments	342,031	US$2.9m	-4.83%	no data
0.74%	Charles Schwab Investment Management, Inc.	339,323	US$2.9m	3.65%	no data
0.72%	JP Morgan Asset Management	327,533	US$2.8m	-7.33%	no data
0.67%	Avestar Capital, LLC	305,000	US$2.6m	-4.69%	0.17%
0.57%	Trexquant Investment LP	258,733	US$2.2m	-13.6%	0.02%
0.56%	PanAgora Asset Management, Inc.	257,528	US$2.2m	0%	0.01%
0.52%	UBS Asset Management AG	238,898	US$2.0m	78.7%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/05 01:07
End of Day Share Price	2025/10/03 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PubMatic, Inc. is covered by 20 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Alexandra Ross	Berenberg
Zachary Cummins	B. Riley Securities, Inc.
Daniel Day	B. Riley Securities, Inc.