In a filing, Magnite Inc revealed its CHIEF PRODUCT OFFICER Soroca Adam Lee unloaded Company’s shares for reported $0.28 million on Dec 17 ’25. In the deal valued at $17.00 per share,16,656 shares were sold. As a result of this transaction, Soroca Adam Lee now holds 326,114 shares worth roughly $5.35 million.
Then, ADAM L SOROCA bought 16,656 shares, generating $283,152 in total proceeds.
Before that, Buckley Sean Patrick sold 2,213 shares. Magnite Inc shares valued at $32,088 were divested by the President, Revenue at a price of $14.50 per share. As a result of the transaction, Buckley Sean Patrick now holds 268,912 shares, worth roughly $4.41 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 fall -1.09% to $16.4. Over the last five days, the stock has gained 0.61%. Magnite Inc shares have fallen nearly -1.03% since the year began. Nevertheless, the stocks have risen 3.02% 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 16.19, which if violated will result in even more drops to 15.98. On the upside, there is a resistance level at 16.72. A further resistance level may holdings at 17.04.
How much short interest is there in Magnite Inc?
A steep rise in short interest was recorded in Magnite Inc stocks on 2025-11-28, dropping by -2.73 million shares to a total of 12.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-31 was 15.39 million shares. There was a decline of -21.58%, 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.
