Steven Pantelick, Chief Financial Officer at PubMatic (NASDAQ:PUBM), reported a large insider sell on October 6, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Pantelick sold 8,059 shares of PubMatic. The total transaction amounted to $95,683.
PubMatic shares are trading down 2.35% at $11.61 at the time of this writing on Friday morning.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however, they ...