Rajeev Goel, Chief Executive Officer at PubMatic (NASDAQ:PUBM), reported a large insider sell on September 7, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Goel sold 7,500 shares of PubMatic. The total transaction amounted to $106,190.
PubMatic shares are trading down 2.79% at $13.03 at the time of this writing on Friday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an ...