CFO and other insiders of PubMatic sold significant shares, raising questions about the company’s future.

CFO Steven Pantelick and other insiders of PubMatic, Inc. have recently sold significant portions of their shares. Pantelick sold 10,040 shares on January 2nd, reducing his ownership by 20.78%, while Mukul Kumar and Chairman Amar K. Goel also sold shares, decreasing their positions by 7.93% and 22.54% respectively. PubMatic provides technology for real-time programmatic advertising, and analysts have a "Moderate Buy" consensus with a target price of $20.63.

3 months ago
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