The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Magnite Inc shares valued at $283,152 were sold by Soroca Adam Lee on Dec 17 ’25. At $17.00 per share, Soroca Adam Lee sold 16,656 shares. The insider’s holdings dropped to 326,114 shares worth approximately $4.66 million following the completion of this transaction.
Also, ADAM L SOROCA purchased 16,656 shares, netting a total of over 283,152 in proceeds.
Before that, Buckley Sean Patrick had sold 2,213 shares from its account. In a trade valued at $32,088, the President, Revenue traded Magnite Inc shares for $14.50 each. Upon closing the transaction, the insider’s holdings decreased to 2,213 shares, worth approximately $3.84 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] plunged -3.45% to $14.29. The stock’s lowest price that day was $13.95, but it reached a high of $14.935 in the same session. During the last five days, there has been a drop of approximately -11.19%. Over the course of the year, Magnite Inc shares have dropped approximately -7.45%.
Is Magnite Inc subject to short interest?
Stocks of Magnite Inc saw a sharp rise in short interest on 2025-12-31 jumping by 1.23 million shares to 13.89 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 12.65 million shares. A jump of 8.86% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.47 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.47.
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 30 in the next 12 months, up nearly 102.7% from the previous closing price of $14.8. Analysts anticipate Magnite Inc stock to reach 30 by 2026, with the lowest price target being 30. In spite of this, 10 analysts ranked Magnite Inc stock as Buy at the end of 2026. On July 25, 2024, Lake Street assigned a price target of “a Buy” to the stock and initiated coverage with a $21.
