No insider purchase over the last 90 days. The latest, by Mithaq Capital SPC, was filed 18 May 2022.
This page follows insider dealings at Kubient, Inc. as filed with SEC (Form 4), a company from the Media & Communication sector. Kubient, Inc. has had no insider filing for more than a year; the last one goes back to 18 May 2022.
Over the whole record (from 2020), the tally stands at 58 purchases and 2 sales.
Elsewhere in the same sector, our signals recently picked up insider purchases at Liberty Latin America Ltd. and PodcastOne, Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2022 · cache
25 of 86 declarations
Kubient, Inc. (ticker: KBNT) is a U.S.-listed micro-cap company that has operated on the NASDAQ Capital Market in the United States, focused on digital advertising technology and ad-fraud prevention. The company was incorporated in May 2017 to address structural inefficiencies in programmatic advertising, especially fraud, transparency, and low-latency auction execution. Its operational base has been in New York, New York, placing it in one of the most important media and advertising hubs in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1729750/000141057822003348/kbnt-20220930x10q.htm?utm_source=openai))
Kubient built its business around a cloud-based programmatic advertising platform often described as an Audience Marketplace or Audience Cloud. The core value proposition is to connect advertisers and publishers in a more transparent digital marketplace while using machine learning to improve auction quality and reduce exposure to invalid traffic. A central component of the offering is KAI, Kubient Artificial Intelligence, its proprietary pre-bid fraud detection and prevention technology. According to company filings, KAI was designed to identify suspicious inventory within the critical sub-second decision window before advertising spend is committed, making it a differentiated tool in a market where ad quality and budget efficiency are increasingly important. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1729750/000141057822003348/kbnt-20220930x10q.htm?utm_source=openai))
From a competitive standpoint, Kubient has operated in a crowded adtech landscape dominated by much larger demand-side platforms, exchanges, and verification specialists. Its strategic position has been niche rather than broad: rather than competing on scale alone, the company has emphasized fraud mitigation, transparency, reduced latency, and better economics for both buyers and sellers of media. That positioning may be attractive in principle, but it also leaves Kubient exposed to intense competition, customer concentration risk, and the execution challenges typical of small-cap software businesses. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1729750/000141057822003348/kbnt-20220930x10q.htm?utm_source=openai))
Recent milestones have been mixed. In 2023, Kubient announced KAI 2.0, highlighting algorithmic improvements and expanded support for emerging ad formats, and it also disclosed that the U.S. Patent and Trademark Office had issued a patent for its fraud-identification technology. The company later announced a definitive merger agreement with Adomni. At the same time, Kubient received Nasdaq deficiency notices in 2023 for delayed SEC filings and for failing to maintain the minimum bid price requirement, underscoring financial and listing pressure. In September 2024, the SEC announced charges against former Kubient executives in connection with alleged revenue misstatements, a major governance red flag for equity investors. Overall, Kubient should be viewed as a highly speculative NASDAQ-name in the United States, with meaningful regulatory, liquidity, and execution risks. ([nasdaq.com](https://www.nasdaq.com/press-release/kubient-reports-fourth-quarter-and-full-year-2022-results-2023-03-29?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2022 | 2.4 m USD | -13.6 m USD | -0.95 USD | 10-K |
| Dec 2021 | 2.7 m USD | -10.3 m USD | -0.75 USD | 10-K |
| Dec 2020 | 1.3 m USD | -7.9 m USD | -1.85 USD | 10-K |
| Dec 2019 | 177,635 USD | -4.1 m USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.