Taking a Closer Look At Magnite Inc (MGNI) Following Its Recent Trade

Samantha Gray

Magnite Inc’s recently made public that its Director Caine Paul unloaded Company’s shares for reported $100000.0 on Oct 24 ’25. In the deal valued at $20.00 per share,5,000 shares were sold. As a result of this transaction, Caine Paul now holds 153,603 shares worth roughly $2.17 million.

Then, Caine Paul sold 7,500 shares, generating $187,500 in total proceeds. Upon selling the shares at $25.00, the Director now owns 158,603 shares.

Before that, PAUL CAINE bought 7,500 shares. Magnite Inc shares valued at $179,100 were divested by the Director at a price of $23.88 per share.

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 fall -0.56% to $14.15. Over the last five days, the stock has lost -6.26%. Magnite Inc shares have fallen nearly -13.19% since the year began. Nevertheless, the stocks have fallen -11.12% over the past one year. While a 52-week high of $26.65 was reached on 08/28/25, 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 13.84, which if violated will result in even more drops to 13.53. On the upside, there is a resistance level at 14.45. A further resistance level may holdings at 14.74.

How much short interest is there in Magnite Inc?

A steep rise in short interest was recorded in Magnite Inc stocks on 2025-10-31, growing by 0.76 million shares to a total of 15.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-30 was 14.63 million shares. There was a rise of 4.91%, which implies that there is a positive 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.

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