The insider sales are too small to warrant a bearish read-through. Monitor the next earnings release (likely Q2 2026) for any fundamental changes, but this cluster alone does not signal material deterioration.
Price Chart
Executive Summary
Three PubMatic insiders (CEO, President of Engineering, and General Counsel) sold a combined ~$336K in open-market shares on July 15-16, 2026, following option exercises. The total sales represent only ~0.06% of the company's $591M market cap, making the cluster economically trivial and likely driven by routine tax- or liquidity-related planning rather than a bearish signal.
Key Financial Metrics
Key Facts
- CEO Rajeev Goel sold 8,962 shares on 7/16 ($124,955) and 4,060 shares on 7/15 ($56,448) after exercising options at $3.89 and $0.
- President of Engineering Mukul Kumar sold 8,000 shares on 7/16 ($109,345) after exercising options at $2.15.
- General Counsel Andrew Woods sold 3,239 shares on 7/16 ($45,375).
- Total open-market sales of ~$336K represent ~0.06% of PubMatic's $591M market cap.
- All sales were preceded by option exercises or conversions, consistent with cashless exercise-and-sell patterns.
Financial Impact
Total insider sales of ~$336K, immaterial relative to $591M market cap.
Risk Factors
- Insider sales could accelerate if the stock rallies, but current pattern is routine.
- No material risk identified from this cluster.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PUBM-1784354737822 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 24, 2026 8d ago | ANALYST-UPGRADE | $18.55 $18.73 | ▲ +0.97% | ▲ +1.56% | $19.18 (+3.40%) |
Sep 4, 2026 28d ago | Insider Cluster | $16.29 $16.78 | ▲ +3.01% | ▲ +4.13% | $19.18 (+17.74%) |
Aug 21, 2026 6w ago | Insider Cluster | $16.36 $16.63 | ▼ −1.65% | ▼ −1.18% | $19.18 (−17.24%) |
Aug 18, 2026 6w ago | Insider Cluster | $16.78 $16.25 | ▼ −3.16% | ▼ −2.77% | $19.18 (+14.30%) |
Aug 14, 2026 7w ago | Insider Cluster | $17.59 $16.41 | ▲ +6.71% | ▲ +5.34% | $19.18 (−9.04%) |
Aug 10, 2026 7w ago | Insider Cluster | $17.65 $17.36 | ▼ −1.64% | ▼ −1.24% | $19.18 (+8.67%) |
Jul 27, 2026 9w ago | Insider Cluster | $13.03 $12.96 | ▲ +0.54% | ▲ +2.81% | $19.18 (−47.20%) |
Jul 17, 2026 11w ago | Insider Cluster | $12.73 $12.30 | ▼ −3.38% | ▼ −2.69% | $19.18 (+50.67%) |
Jul 6, 2026 12w ago | Insider Cluster | $13.32 $13.69 | ▲ +2.78% | ▲ +2.23% | $19.18 (+43.99%) |
Jun 11, 2026 16w ago | Institutional Cluster | $11.27 $11.30 | ▲ +0.27% | ▼ −0.17% | $19.18 (+70.19%) |
US Market Status
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