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PubMatic, Inc. (NASDAQ:PUBM) Chief Executive Officer Rajeev K. Goel sold 44,000 shares of Class A Common Stock on July 7, 2025, for approximately $551,381. The shares were sold at a price of $12.5314, with prices ranging from $12.44 to $12.74. The stock, currently trading at $13.58, has shown significant volatility with a 7.18% gain in the past week. According to InvestingPro analysis, PubMatic is currently trading at a P/E ratio of 124, suggesting a premium valuation.
According to a Form 4 filing with the Securities and Exchange Commission, the sales were executed under a Rule 10b5-1 trading plan adopted on March 2, 2025. The shares were transferred to The Goel Family Trust, of which Goel and his spouse are beneficiaries, and subsequently sold by the trust. With PubMatic’s next earnings report scheduled for August 12, 2025, InvestingPro subscribers can access comprehensive analysis and 12 additional exclusive ProTips about the company’s performance and outlook.
On the same day, Goel also exercised options to acquire 11,485 shares of Class B Common Stock at an exercise price of $1.11. These options were fully vested and are set to expire on July 7, 2026. Additionally, 11,485 shares of Class B Common Stock were converted into Class A Common Stock. The company, with a market capitalization of $663 million, maintains strong liquidity with its current ratio at 1.44.
In other recent news, PubMatic Inc. reported a 4% decrease in revenue for the first quarter of 2025, totaling $67.1 million. Despite this decline, the company maintained its profitability, recording an adjusted EBITDA of $8.5 million. PubMatic’s strategic focus on growth areas such as CTV and AI-driven solutions contributed to a 21% growth in its underlying business, excluding certain impacts. The company also launched a GenAI-powered media buying platform, indicating a shift towards programmatic and AI-driven solutions. PubMatic’s stock rose by 9.56% in aftermarket trading following the earnings announcement, reflecting investor confidence in its market positioning. Additionally, PubMatic expanded its cash reserves with $15.6 million in net cash generated from operations. Looking ahead, the company expects second-quarter revenue to range between $66 million and $70 million, with anticipated growth in CTV, commerce media, and AI-driven solutions. Analysts from firms such as Lake Street and B. Riley have shown interest in the company’s strategic initiatives and market opportunities.
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