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PubMatic, Inc. (NASDAQ:PUBM) Chief Executive Officer Rajeev K. Goel, sold 33,001 shares of Class A Common Stock on July 2, 2025, according to a new SEC Form 4 filing. The company, currently valued at $622.2 million, has seen its stock surge 12% in the past week, though InvestingPro analysis indicates the shares are trading below their Fair Value. The shares were sold at a weighted average price of $12.5633, for a total value of $414,601. The prices ranged from $12.23 to $12.71.
The sale was to cover tax withholding obligations related to the vesting and settlement of restricted stock units.
On July 1, 2025, Goel also exercised options to acquire 65,516 shares of Class A Common Stock at a price of $0. Additionally, Goel exercised options to acquire 11,236, 23,042, 14,411 and 16,827 shares of Restricted Stock Units, respectively. The stock’s significant volatility, as highlighted by InvestingPro analysis, makes it crucial for investors to monitor insider transactions closely.
In other recent news, PubMatic Inc. reported a 4% decline in revenue for Q1 2025, totaling $67.1 million. Despite the revenue drop, the company maintained its profitability, achieving an adjusted EBITDA of $8.5 million. PubMatic continues to demonstrate resilience with a 36th consecutive quarter of adjusted EBITDA profitability, supported by strategic investments in growth areas like CTV and AI-driven solutions. The company generated $15.6 million in net cash from operations and expanded its cash reserves to $144.1 million. PubMatic also announced a GenAI-powered media buying platform, emphasizing its focus on AI solutions. Looking forward, the company expects Q2 2025 revenue to range between $66 million and $70 million, with anticipated growth in CTV, commerce media, and AI-driven solutions. Analyst projections had forecasted an EPS of -0.2122 for the quarter, and PubMatic’s ability to maintain profitability amid revenue decline reflects robust cost management. PubMatic’s strategic direction and market positioning have garnered investor confidence, particularly in the CTV and AI-driven solutions sectors.
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