PubMatic CEO Rajeev Goel sells $930,633 in company stock

PubMatic CEO Rajeev Goel disposed of $930,633 worth of the company's Class A Common Stock on September 24, 2026. This transaction, part of a pre-planned Rule 10b5-1 plan adopted in March 2026, involved selling 50,453 shares at prices ranging from $18.0516 to $18.5439 per share. The stock was trading near its 52-week high of $19.19, having surged 123% over the previous year from a low of $6.15.

InvestingPro analysis suggests the stock is currently overvalued. Goel sold 10,080 shares at an average price of $18.0516 and an additional 40,373 shares at an average price of $18.5439. He also acquired 34,370 shares by converting Class B Common Stock into Class A Common Stock on several occasions. Following these transactions, Goel's total beneficial ownership of Class A and Class B Common Stock is now 2,324,694 shares.

The company, valued at $845 million, has delivered strong returns with a 129% gain over the past six months.