PUBMNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
PubMatic, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$17.01+0.37 (+2.22%)
Close on Oct 19, 2026
- Market cap
- $784.26M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
66.9%
30M of 46M shares
Institutional holders
153
20 new, 17 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 67 sales
Net sold $19.25M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| / Rajeev K. Goel | 5,400,558 | 11.50% | 13G (passive) amendment | Dec 31, 2023 |
| / Amar K. Goel | 4,796,578 | 10.40% | 13G (passive) amendment | Dec 31, 2023 |
| Graham Holdings Company | 3,398,904 | 8.90% | 13G (passive) amendment | Mar 31, 2026 |
| BlackRock, Inc. | 2,708,504 | 7.10% | 13G (passive) amendment | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PUBM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Graham Holdings Co | 3,398,904 | 7.46% | $44.59K | – | 4.12% |
| BlackRock, Inc. | 3,279,530 | 7.20% | $43.03M | +214,494 | 0.00% |
| Vanguard Capital Management LLC | 1,661,312 | 3.65% | $21.80M | +47,543 | 0.00% |
| Acadian Asset Management LLC | 1,573,911 | 3.46% | $20.64K | −2,629 | 0.02% |
| Dimensional Fund Advisors LP | 1,491,121 | 3.27% | $19.56M | +245,762 | 0.00% |
| Renaissance Technologies LLC | 1,421,049 | 3.12% | $18.64M | −119,484 | 0.03% |
| Whitefort Capital Management, LP | 1,110,656 | 2.44% | $14.57M | +420,656 | 3.59% |
| Geode Capital Management, LLC | 991,800 | 2.18% | $13.02M | +41,195 | 0.00% |
| Vanguard Portfolio Management LLC | 947,548 | 2.08% | $12.43M | +308,763 | 0.00% |
| Jacobs Levy Equity Management, Inc | 862,996 | 1.89% | $11.32M | −69,217 | 0.04% |
| State Street Corp | 854,147 | 1.88% | $11.21M | +62,728 | 0.00% |
| S Squared Technology, LLC | 748,099 | 1.64% | $9.82M | +71,700 | 3.05% |
| Simcoe Capital LLC | 693,903 | 1.52% | $9.10M | +207,651 | 5.55% |
| Highbridge Capital Management LLC | 644,593 | 1.42% | $8.42M | New | 0.20% |
| American Century Companies Inc | 642,076 | 1.41% | $8.42M | +529,804 | 0.00% |
| Two Sigma Investments, LP | 638,102 | 1.40% | $8.37M | +103,653 | 0.01% |
| Royal Bank of Canada | 619,290 | 1.36% | $8.13M | −120,991 | 0.00% |
| Nuveen, LLC | 464,187 | 1.02% | $6.09M | +381,254 | 0.00% |
| Citadel Advisors LLC | 414,880 | 0.91% | $5.44M | +265,837 | 0.00% |
| CenterBook Partners LP | 413,983 | 0.91% | $5.43M | −1,328,117 | 0.27% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 153 | 30M | 66.9% | 20 / 58 | 46 / 17 | 5M | 3M |
| Q1 2026 | 153 | 29M | 63.3% | 33 / 57 | 43 / 30 | 8M | 5M |
| Q4 2025 | 152 | 28M | 60.9% | 30 / 53 | 52 / 26 | 4M | 5M |
| Q3 2025 | 150 | 28M | 61.4% | 28 / 48 | 48 / 26 | 4M | 3M |
| Q2 2025 | 149 | 27M | 58.9% | 25 / 54 | 46 / 32 | 4M | 3M |
| Q1 2025 | 157 | 26M | 57.3% | 38 / 41 | 52 / 40 | 4M | 3M |
| Q4 2024 | 161 | 26M | 57.7% | 27 / 49 | 54 / 30 | 2M | 1M |
| Q3 2024 | 167 | 25M | 55.9% | 29 / 61 | 48 / 54 | 6M | 3M |
| Q2 2024 | 193 | 26M | 56.1% | 45 / 66 | 48 / 30 | 3M | 3M |
| Q1 2024 | 179 | 25M | 55.1% | 53 / 51 | 48 / 21 | 4M | 1M |
| Q4 2023 | 148 | 22M | 48.6% | 28 / 50 | 38 / 21 | 2M | 1M |
| Q3 2023 | 142 | 21M | 45.3% | 24 / 47 | 39 / 21 | 2M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PUBM | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,207,349 | 2.65% | $15.84M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,035,572 | 2.27% | $13.59M | 0.02% | Jun 30, 2026 |
| Nuveen Quant Small Cap Equity Fund | 449,390 | 0.99% | $5.66M | 0.14% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 426,874 | 0.94% | $5.38M | 0.02% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 415,726 | 0.91% | $5.45M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 368,096 | 0.81% | $4.83M | 0.03% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 343,971 | 0.76% | $4.02M | 0.01% | May 31, 2026 |
| Vanguard Strategic Small-Cap Equity Fund | 282,497 | 0.62% | $3.71M | 0.12% | Jun 30, 2026 |
| Vanguard Strategic Equity Fund | 229,676 | 0.50% | $3.01M | 0.02% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 216,714 | 0.48% | $2.73M | 0.01% | Jul 31, 2026 |
| Vanguard Russell 2000 Index Fund | 196,671 | 0.43% | $2.30M | 0.01% | May 31, 2026 |
| U.S. Targeted Value Portfolio | 190,254 | 0.42% | $2.40M | 0.01% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 189,140 | 0.42% | $2.21M | 0.01% | May 31, 2026 |
| Dimensional U.S. Targeted Value ETF | 168,831 | 0.37% | $2.13M | 0.01% | Jul 31, 2026 |
| Schwab U.S. Small-Cap ETF | 168,732 | 0.37% | $1.97M | 0.01% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Rajeev K. Goel | CHIEF EXECUTIVE OFFICER, Director, 10% owner | 742,091 | 1.63% | Sep 25, 2026 |
| Amar K. Goel | CHAIRMAN, CHIEF INNOVATION OFF, Director, 10% owner | 4,276,136 | 9.39% | Sep 4, 2026 |
| Mukul Kumar | PRESIDENT, ENGINEERING | 264,545 | 0.58% | Sep 18, 2026 |
| Lisa Gimbel | CHIEF ACCOUNTING OFFICER | 22,780 | 0.05% | Sep 2, 2026 |
| Steven Pantelick | CHIEF FINANCIAL OFFICER | 537,841 | 1.18% | Aug 14, 2026 |
| Andrew Woods | GENERAL COUNSEL & SECRETARY | 39,761 | 0.09% | Aug 10, 2026 |
| Paulina Klimenko | CHIEF GROWTH OFFICER | 95,319 | 0.21% | Jul 6, 2026 |
| Ramon Jones | Director | 4,266 | 0.01% | Jun 2, 2026 |
| Nikhil Ramesh Mehta | Director | 18,022 | 0.04% | Jun 2, 2026 |
| Susan Daimler | Director | 9,971 | 0.02% | Jun 2, 2026 |
| Yakov (Jacob) Shulman | Director | 18,036 | 0.04% | Jun 2, 2026 |
| Shelagh Glaser | Director | 21,502 | 0.05% | Jun 2, 2026 |
| Anton Hanebrink | Director | 9,575 | 0.02% | Jun 2, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Sep 24, 2026 | Conversion | +34,370 | – | – | 50,453 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Sep 24, 2026 | Sale(10b5-1 plan) | −40,373 | $18.54 | $748.52K | 0 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Sep 24, 2026 | Sale(10b5-1 plan) | −10,080 | $18.05 | $181.94K | 40,373 |
| Mukul Kumar PRESIDENT, ENGINEERING | Sep 16, 2026 | Conversion | +8,000 | – | – | 120,945 |
| Mukul Kumar PRESIDENT, ENGINEERING | Sep 16, 2026 | Sale(10b5-1 plan) | −8,000 | $16.78 | $134.24K | 112,945 |
| Amar K. Goel CHAIRMAN, CHIEF INNOVATION OFF, Director, 10% owner | Sep 3, 2026 | Conversion | +6,250 | – | – | 41,830 |
| Amar K. Goel CHAIRMAN, CHIEF INNOVATION OFF, Director, 10% owner | Sep 3, 2026 | Sale(10b5-1 plan) | −6,250 | $17.04 | $106.50K | 35,580 |
| Lisa Gimbel CHIEF ACCOUNTING OFFICER | Sep 1, 2026 | Sale(10b5-1 plan) | −500 | $16.43 | $8.22K | 16,427 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −49,980 | $16.49 | $824.17K | 16,083 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Aug 20, 2026 | Conversion | +34,371 | – | – | 66,063 |
| Mukul Kumar PRESIDENT, ENGINEERING | Aug 17, 2026 | Conversion | +8,000 | – | – | 120,945 |
| Mukul Kumar PRESIDENT, ENGINEERING | Aug 17, 2026 | Sale(10b5-1 plan) | −8,000 | $17.05 | $136.40K | 112,945 |
| Lisa Gimbel CHIEF ACCOUNTING OFFICER | Aug 15, 2026 | Option exercise | +772 | – | – | 16,728 |
| Lisa Gimbel CHIEF ACCOUNTING OFFICER | Aug 15, 2026 | Option exercise | +794 | – | – | 18,323 |
| Lisa Gimbel CHIEF ACCOUNTING OFFICER | Aug 15, 2026 | Option exercise | +801 | – | – | 17,529 |
| Lisa Gimbel CHIEF ACCOUNTING OFFICER | Aug 15, 2026 | Option exercise | +1,395 | – | – | 15,956 |
| Steven Pantelick CHIEF FINANCIAL OFFICER | Aug 13, 2026 | Sale(10b5-1 plan) | −19,716 | $17.31 | $341.28K | 10,353 |
| Steven Pantelick CHIEF FINANCIAL OFFICER | Aug 12, 2026 | Sale(10b5-1 plan) | −22,203 | $17.25 | $383.00K | 30,069 |
| Lisa Gimbel CHIEF ACCOUNTING OFFICER | Aug 12, 2026 | Sale(10b5-1 plan) | −500 | $17.50 | $8.75K | 14,561 |
| Andrew Woods GENERAL COUNSEL & SECRETARY | Aug 10, 2026 | Sale(10b5-1 plan) | −38,331 | $17.96 | $688.42K | 39,761 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Aug 7, 2026 | Conversion | +211,302 | – | – | 242,994 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Aug 7, 2026 | Sale(10b5-1 plan) | −211,302 | $17.74 | $3.75M | 31,692 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 23, 2026 | Conversion | +21,870 | – | – | 69,171 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 23, 2026 | Conversion | +12,500 | – | – | 81,671 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 23, 2026 | Sale(10b5-1 plan) | −49,979 | $12.35 | $617.24K | 31,692 |
| Andrew Woods GENERAL COUNSEL & SECRETARY | Jul 16, 2026 | Sale(10b5-1 plan) | −3,239 | $14.01 | $45.38K | 78,092 |
| Mukul Kumar PRESIDENT, ENGINEERING | Jul 16, 2026 | Sale(10b5-1 plan) | −8,000 | $13.67 | $109.36K | 112,945 |
| Mukul Kumar PRESIDENT, ENGINEERING | Jul 16, 2026 | Conversion | +8,000 | – | – | 120,945 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 16, 2026 | Conversion | +8,962 | – | – | 56,263 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 16, 2026 | Sale(10b5-1 plan) | −8,962 | $13.94 | $124.93K | 47,301 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 15, 2026 | Conversion | +4,060 | – | – | 51,361 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 15, 2026 | Sale(10b5-1 plan) | −4,060 | $13.90 | $56.43K | 47,301 |
| Steven Pantelick CHIEF FINANCIAL OFFICER | Jul 6, 2026 | Sale(10b5-1 plan) | −12,548 | $13.42 | $168.39K | 52,272 |
| Paulina Klimenko CHIEF GROWTH OFFICER | Jul 6, 2026 | Sale(10b5-1 plan) | −9,009 | $13.42 | $120.90K | 71,044 |
| Mukul Kumar PRESIDENT, ENGINEERING | Jul 2, 2026 | Sale | −7,897 | $13.65 | $107.79K | 112,945 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 2, 2026 | Sale(10b5-1 plan) | −8,500 | $13.90 | $118.15K | 47,301 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 2, 2026 | Conversion | +8,500 | – | – | 55,801 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 2, 2026 | Sale(10b5-1 plan) | −50,354 | $13.65 | $687.33K | 47,301 |
| Andrew Woods GENERAL COUNSEL & SECRETARY | Jul 2, 2026 | Sale | −5,758 | $13.65 | $78.60K | 81,331 |
| Steven Pantelick CHIEF FINANCIAL OFFICER | Jul 2, 2026 | Sale(10b5-1 plan) | −23,548 | $13.65 | $321.43K | 64,820 |
| Amar K. Goel CHAIRMAN, CHIEF INNOVATION OFF, Director, 10% owner | Jul 2, 2026 | Sale | −6,584 | $13.65 | $89.87K | 35,580 |
| Paulina Klimenko CHIEF GROWTH OFFICER | Jul 2, 2026 | Sale(10b5-1 plan) | −14,914 | $13.65 | $203.58K | 80,053 |
| Mukul Kumar PRESIDENT, ENGINEERING | Jul 1, 2026 | Option exercise | +19,973 | – | – | 120,842 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 1, 2026 | Conversion | +17,176 | – | – | 17,176 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 1, 2026 | Sale(10b5-1 plan) | −17,176 | $13.91 | $238.92K | 0 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jul 1, 2026 | Option exercise | +97,655 | – | – | 97,655 |
| Andrew Woods GENERAL COUNSEL & SECRETARY | Jul 1, 2026 | Option exercise | +15,823 | – | – | 87,089 |
| Steven Pantelick CHIEF FINANCIAL OFFICER | Jul 1, 2026 | Option exercise | +45,665 | – | – | 88,368 |
| Amar K. Goel CHAIRMAN, CHIEF INNOVATION OFF, Director, 10% owner | Jul 1, 2026 | Option exercise | +18,098 | – | – | 42,164 |
| Paulina Klimenko CHIEF GROWTH OFFICER | Jul 1, 2026 | Option exercise | +33,531 | – | – | 94,967 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jun 18, 2026 | Sale(10b5-1 plan) | −43,077 | $11.30 | $486.77K | 0 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jun 18, 2026 | Conversion | +21,871 | – | – | 43,077 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jun 8, 2026 | Conversion | +44,000 | – | – | 65,206 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | Jun 8, 2026 | Sale(10b5-1 plan) | −44,000 | $11.33 | $498.52K | 21,206 |
| Mukul Kumar PRESIDENT, ENGINEERING | Jun 2, 2026 | Sale(10b5-1 plan) | −8,000 | $11.96 | $95.68K | 100,869 |
| Mukul Kumar PRESIDENT, ENGINEERING | Jun 2, 2026 | Conversion | +8,000 | – | – | 108,869 |
| Yakov (Jacob) Shulman Director | May 31, 2026 | Option exercise | +9,971 | – | – | 18,036 |
| Shelagh Glaser Director | May 31, 2026 | Option exercise | +13,437 | – | – | 21,502 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | May 26, 2026 | Sale(10b5-1 plan) | −44,000 | $10.41 | $458.04K | 21,206 |
| Rajeev K. Goel CHIEF EXECUTIVE OFFICER, Director, 10% owner | May 26, 2026 | Conversion | +44,000 | – | – | 65,206 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Pantelick Steve Officer | Oct 5, 2026 | 22,173 | $408.43K | Oct 5, 2026 | Restricted Stock Units |
| Goel Amar Director, Officer, 10% Stockholder | Oct 5, 2026 | 10,795 | $198.84K | Oct 5, 2026 | Restricted Stock Units |
| Woods Andrew Officer | Oct 5, 2026 | 10,079 | $185.66K | Oct 5, 2026 | Restricted Stock Units |
| Goel Rajeev Director, Officer, 10% Stockholder | Sep 24, 2026 | 50,453 | $880.66K | Sep 24, 2026 | Exercise of Stock Options |
| Kumar Mukul Officer | Sep 16, 2026 | 23,000 | $385.94K | Sep 16, 2026 | Exercise of Stock Options |
| Goel Amar Director, Officer, 10% Stockholder | Sep 3, 2026 | 6,250 | $108.63K | Sep 3, 2026 | Exercise of Stock Options |
| Klimenko Paulina Director | Aug 26, 2026 | 31,044 | $507.67K | Aug 26, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Goel Rajeev Director, Officer, 10% Stockholder | Aug 20, 2026 | 49,980 | $838.66K | Aug 20, 2026 | Exercise of Stock Options |
| M. Pantelick Steve Officer | Aug 13, 2026 | 19,716 | $341.21K | Aug 13, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Gimbel Lisa Officer | Aug 12, 2026 | 2,000 | $35.30K | Aug 12, 2026 | Restricted Stock Units |
| Pantelick Steve Officer | Aug 12, 2026 | 22,203 | $391.88K | Aug 12, 2026 | Restricted Stock Units |
| Klimenko Paulina Director | Aug 12, 2026 | 40,000 | $687.87K | Aug 12, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Woods Andrew Officer | Aug 7, 2026 | 38,331 | $516.70K | Aug 7, 2026 | Restricted Stock Units |
| Goel Rajeev Director, Officer, 10% Stockholder | Aug 7, 2026 | 211,302 | $2.85M | Aug 7, 2026 | Exercise of Stock Options |
| Goel Rajeev Director, Officer, 10% Stockholder | Jul 23, 2026 | 49,979 | $632.23K | Jul 23, 2026 | Exercise of Stock Options |