10 Stocks Insiders Sold in April After Trump’s Tariff Rollout

6. PubMatic, Inc. (NASDAQ:PUBM)

PubMatic, Inc. provides a cloud infrastructure platform for real-time programmatic advertising, connecting digital content creators, advertisers, and agencies worldwide. Its solutions include PubMatic SSP, OpenWrap, and Connect, offering tools for buying, selling, and managing digital advertising inventory. Founded in 2006 and based in Redwood City, California, the company supports various ad formats and devices. It is also one of the 10 best cloud computing stocks to buy under $10.

In December, the company announced an expansion of its collaboration with Western Union to include its commerce media business. The same month, the company also expanded its global partnership with GroupM Premium Marketplace.

In 2024, PubMatic’s revenue reached $291.3 million, up by 9% from $267.0 million in 2023. Gross profit amounted to $190.2 million, or a 65% margin, an improvement of 250 basis points from 2023. GAAP net income was $12.5 million or $0.23 per diluted share, versus net income of $8.9 million or $0.16 per share in 2023. Adjusted EBITDA was $92.3 million, or 32% margin, an increase over adjusted EBITDA of $75.3 million, or 28% margin, in the prior year.

Following the Trump’s tariff rollout, five insiders, including the company’s CFO, sold approximately $851,012 worth of PubMatic shares at an average price of $9.02 per share. Since the beginning of the year, PubMatic shares have declined 41.73% to $8.56 per share. Over the past 12 months, the stock lost 63.68%.

TipRanks reports that out of eight Wall Street analysts, five rate PubMatic stock as a “Buy” and three as “Hold.” The average price target of $17.29 suggests a 101.28% increase from the latest price.