Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Magnite Inc shares valued at $722,867 were purchased by DAVID DAY on Jun 18 ’25. At $18.95 per share, DAVID DAY acquired 38,146 shares.
Also, Evans Katie Seitz sold 20,000 shares, netting a total of over 370,000 in proceeds. Following the sale of shares at $18.50 each, the insider now holds 442,788 shares.
Before that, Saltz Aaron had sold 16,788 shares from its account. In a trade valued at $293,790, the CHIEF LEGAL OFFICER traded Magnite Inc shares for $17.50 each. Upon closing the transaction, the insider’s holdings decreased to 16,788 shares, worth approximately $5.26 million.
As published in a research note from Needham on May 12, 2025, Magnite Inc [MGNI] has been retained to a Buy and the price target has been revised to $18. Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in early December. As of December 05, 2024, Scotiabank has initiated its “Sector outperform” rating for MGNI. Earlier on October 29, 2024, Wells Fargo initiated its rating. Their recommendation was “an Equal weight” for MGNI stock.
Analyzing MGNI Stock Performance
On last trading session,, Magnite Inc [NASDAQ: MGNI] rose 3.24% to $18.82. During the last five days, there has been a surge of approximately 6.45%. Over the course of the year, Magnite Inc shares have jumped approximately 18.22%. Shares of the company reached a 52-week high of $21.29 on 02/07/25 and a 52-week low of $8.22 on 04/07/25.
Support And Resistance Levels for Magnite Inc (MGNI)
According to the 24-hour chart, there is a support level at 18.23, which, if violated, would cause prices to drop to 17.64. In the upper region, resistance lies at 19.24. The next price resistance is at 19.66. RSI (Relative Strength Index) is 71.17 on the 14-day chart, showing overbought technical sentiment.
Which companies own the most shares of Magnite Inc (MGNI)?
In terms of Magnite Inc share price expectations, FactSet research, analysts set an average price target of 22 in the next 12 months, up nearly 20.68% from the previous closing price of $18.23. Analysts anticipate Magnite Inc stock to reach 24 by 2025, with the lowest price target being 19. In spite of this, 10 analysts ranked Magnite Inc stock as Buy at the end of 2025. On July 25, 2024, Lake Street assigned a price target of “a Buy” to the stock and initiated coverage with a $21.
