Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Magnite Inc shares valued at $70,620 were sold by Gephart Brian on Aug 18 ’25. At $23.85 per share, Gephart Brian sold 2,961 shares. The insider’s holdings dropped to 120,569 shares worth approximately $2.63 million following the completion of this transaction.
Also, Day David sold 13,366 shares, netting a total of over 318,779 in proceeds. Following the sale of shares at $23.85 each, the insider now holds 382,106 shares.
Before that, Soroca Adam Lee had sold 10,579 shares from its account. In a trade valued at $248,289, the CHIEF PRODUCT OFFICER traded Magnite Inc shares for $23.47 each. Upon closing the transaction, the insider’s holdings decreased to 10,579 shares, worth approximately $7.57 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
The stock’s lowest price that day was $21.0301, but it reached a high of $21.895 in the same session. During the last five days, there has been a drop of approximately -4.38%. Over the course of the year, Magnite Inc shares have jumped approximately 74.16%. Shares of the company reached a 52-week high of $25.27 on 07/03/25 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 21.28, which, if violated, would cause prices to drop to 20.72. In the upper region, resistance lies at 22.15. The next price resistance is at 22.45. RSI (Relative Strength Index) is 45.18 on the 14-day chart, showing neutral technical sentiment.
Is Magnite Inc subject to short interest?
Stocks of Magnite Inc saw a sharp steep in short interest on 2025-07-31 dropping by -5.36 million shares to 15.22 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 20.58 million shares. A decline of -35.18% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.62 of the overall float, the days-to-cover ratio (short ratio) decline to 4.62.
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 27 in the next 12 months, up nearly 23.63% from the previous closing price of $21.84. Analysts anticipate Magnite Inc stock to reach 30 by 2025, with the lowest price target being 24. 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.
