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
18 Nov 24	SellUS$11,535	Lisa Gimbel	Individual	790	US$14.60
02 Oct 24	SellUS$355,383	Rajeev Goel	Individual	24,468	US$14.52
02 Oct 24	SellUS$171,983	Steven Pantelick	Individual	11,841	US$14.52
05 Aug 24	SellUS$425,470	Rajeev Goel	Individual	22,711	US$18.73
02 Jul 24	SellUS$530,323	Rajeev Goel	Individual	25,978	US$20.41
27 Feb 24	SellUS$112,931	Rajeev Goel	Individual	5,330	US$21.19

Insider Trading Volume

Insider Buying: PUBM insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of PUBM?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	2,331,462	4.88%
Individual Insiders	7,692,005	16.1%
General Public	14,088,443	29.5%
Institutions	23,654,834	49.5%

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

Top Shareholders

Top 25 shareholders own 58.83% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
8.89%	Amar Goel	4,244,717	US$66.6m	0.12%	no data
8.88%	The Vanguard Group, Inc.	4,240,289	US$66.6m	-2.54%	no data
7.32%	BlackRock, Inc.	3,496,989	US$54.9m	-0.48%	no data
4.96%	Rajeev Goel	2,368,090	US$37.2m	-0.07%	no data
4.88%	Graham Holdings Company	2,331,462	US$36.6m	18.2%	no data
3.03%	Dimensional Fund Advisors LP	1,449,401	US$22.8m	2.39%	no data
2.29%	Renaissance Technologies LLC	1,093,600	US$17.2m	-8%	0.03%
2.02%	State Street Global Advisors, Inc.	963,061	US$15.1m	-3.07%	no data
2.01%	Geode Capital Management, LLC	961,155	US$15.1m	0.76%	no data
1.89%	RBC Global Asset Management Inc.	904,552	US$14.2m	-3.27%	0.01%
1.58%	Wellington Management Group LLP	752,329	US$11.8m	223%	no data
1.42%	Jacobs Levy Equity Management Inc	676,464	US$10.6m	17.4%	0.04%
1.19%	Nixon Capital LLC	570,293	US$9.0m	1.06%	3.23%
1.19%	Steven Pantelick	569,994	US$8.9m	-1.82%	no data
0.9%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	429,297	US$6.7m	0%	no data
0.81%	Charles Schwab Investment Management, Inc.	385,088	US$6.0m	-11.4%	no data
0.78%	Northern Trust Global Investments	372,497	US$5.8m	1.81%	no data
0.73%	Qube Research & Technologies Ltd	346,899	US$5.4m	30.3%	0.01%
0.71%	Nordea Investment Management, AB	340,544	US$5.3m	377%	no data
0.67%	Avestar Capital, LLC	320,000	US$5.0m	0%	0.47%
0.6%	Morgan Stanley, Investment Banking and Brokerage Investments	285,868	US$4.5m	-4.58%	no data
0.59%	W. Carlborg	281,833	US$4.4m	0%	no data
0.57%	American Century Investment Management Inc	271,864	US$4.3m	0.91%	no data
0.5%	PanAgora Asset Management, Inc.	237,144	US$3.7m	4.03%	0.02%
0.44%	Mirae Asset Global Investments Co., Ltd.	207,928	US$3.3m	-2.26%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/16 03:30
End of Day Share Price	2025/02/14 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 22 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.