- Home
- MGNI
MGNI
Magnite Inc.
as 11-15-2024 3:37pm EST
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
| Founded: | 2007 | Country: | United States |
| Employees: | N/A | City: | NEW YORK |
| Market Cap: | 1.7B | IPO Year: | N/A |
| Target Price: | $17.05 | AVG Volume (30 days): | 2.2M |
| Analyst Decision: | Strong Buy | Number of Analysts: | 12 |
| Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
| EPS: | 0.12 | EPS Growth: | N/A |
| 52 Week Low/High: | $7.61 - $17.00 | Next Earning Date: | 11-07-2024 |
| Revenue: | $661,134,000 | Revenue Growth: | 8.71% |
| Revenue Growth (this year): | 0.39% | Revenue Growth (next year): | 10.90% |
Stock Insider Trading Activity of Magnite Inc. (MGNI)
| Name | Ticker | Relationship | Date | Transaction | AVG Cost Per Share | Shares | Total Value | Securities Owned After Transaction(s) | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|---|
| Buckley Sean Patrick | MGNI | CHIEF REVENUE OFFICER | Nov 11 '24 | Sell | $15.00 | 5,242 | $78,628.00 | 323,877 | |
| BARRETT MICHAEL G. | MGNI | CEO | Nov 11 '24 | Sell | $15.00 | 25,000 | $375,000.00 | 919,552 | |
| Saltz Aaron | MGNI | CHIEF LEGAL OFFICER | Nov 7 '24 | Sell | $13.50 | 5,112 | $69,012.00 | 307,745 | |
| Buckley Sean Patrick | MGNI | CHIEF REVENUE OFFICER | Aug 19 '24 | Sell | $13.02 | 5,246 | $68,276.69 | 323,877 | |
| Soroca Adam Lee | MGNI | CHIEF PRODUCT OFFICER | Aug 19 '24 | Sell | $12.59 | 7,910 | $99,586.90 | 436,001 |
Latest Magnite Inc. News
MGNI Breaking Stock News: Dive into MGNI Ticker-Specific Updates for Smart Investing
GlobeNewswire
5 days ago
Magnite Empowers TCL’s Ad-Supported Business with Streaming Technology Suite Integration
Simply Wall St.
8 days ago
Magnite, Inc.'s (NASDAQ:MGNI) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Simply Wall St.
8 days ago
Magnite Third Quarter 2024 Earnings: EPS Beats Expectations
GuruFocus.com
9 days ago
Magnite Inc (MGNI) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
Motley Fool
9 days ago
Magnite (MGNI) Q3 2024 Earnings Call Transcript
Zacks
9 days ago
Magnite (MGNI) Q3 Earnings and Revenues Beat Estimates
Associated Press Finance
9 days ago
Magnite: Q3 Earnings Snapshot
GlobeNewswire
9 days ago
Magnite Reports Third Quarter 2024 Results
Compare MGNI vs Leading Stocks
Share on Social Networks:
Disclaimer
The information presented on this page, "MGNI Magnite Inc. - Stocks Price | History | Analysis", including historical data, forecasts, news, insider information, and predictions, is provided for educational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any securities. Decisions regarding investments should be made only after careful consideration and consultation with a qualified financial advisor. We do not endorse or guarantee the accuracy or reliability of the information provided, and we disclaim any liability for financial losses incurred as a result of decisions made based on the information presented.