Magnite Inc’s filing revealed that its CHIEF ACCOUNTING OFFICER Gephart Brian unloaded Company’s shares for reported $70620.0 on Aug 18 ’25. In the deal valued at $23.85 per share,2,961 shares were sold. As a result of this transaction, Gephart Brian now holds 120,569 shares worth roughly $2.91 million.
Then, Day David sold 13,366 shares, generating $318,779 in total proceeds. Upon selling the shares at $23.85, the CHIEF FINANCIAL OFFICER now owns 382,106 shares.
Before that, Soroca Adam Lee sold 10,579 shares. Magnite Inc shares valued at $248,289 were divested by the CHIEF PRODUCT OFFICER at a price of $23.47 per share. As a result of the transaction, Soroca Adam Lee now holds 346,393 shares, worth roughly $8.37 million.
Needham reiterated its Magnite Inc [MGNI] rating to a Buy in a research note published on May 12, 2025; the price target was $18. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in early December has reiterated a ‘”a Buy”‘ rating for it. Scotiabank began covering MGNI with “Sector outperform” recommendation on December 05, 2024. Wells Fargo started covering the stock on October 29, 2024. It rated MGNI as “an Equal weight”.
Price Performance Review of MGNI
On Friday, Magnite Inc [NASDAQ:MGNI] saw its stock jump 7.28% to $24.16. Over the last five days, the stock has gained 1.94%. Magnite Inc shares have risen nearly 81.79% since the year began. Nevertheless, the stocks have risen 51.76% over the past one year. While a 52-week high of $25.27 was reached on 07/03/25, a 52-week low of $8.22 was recorded on 04/07/25.
Levels Of Support And Resistance For MGNI Stock
The 24-hour chart illustrates a support level at 22.89, which if violated will result in even more drops to 21.62. On the upside, there is a resistance level at 24.87. A further resistance level may holdings at 25.59.
How much short interest is there in Magnite Inc?
A steep rise in short interest was recorded in Magnite Inc stocks on 2025-07-31, dropping by -5.36 million shares to a total of 15.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 20.58 million shares. There was a decline of -35.18%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 25, 2024 when Lake Street began covering the stock and recommended ‘”a Buy”‘ rating along with a $21 price target.
