Analyzing Magnite Inc (MGNI) After Recent Trading Activity

In a filing, Magnite Inc revealed its Director Caine Paul unloaded Company’s shares for reported $0.19 million on Sep 19 ’25. In the deal valued at $25.00 per share,7,500 shares were sold. As a result of this transaction, Caine Paul now holds 158,603 shares worth roughly $3.83 million.

Then, PAUL CAINE bought 7,500 shares, generating $179,100 in total proceeds.

Before that, Saltz Aaron sold 8,522 shares. Magnite Inc shares valued at $208,789 were divested by the CHIEF LEGAL OFFICER at a price of $24.50 per share. As a result of the transaction, Saltz Aaron now holds 215,079 shares, worth roughly $5.2 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 Monday, Magnite Inc [NASDAQ:MGNI] saw its stock fall -6.79% to $24.16. Over the last five days, the stock has gained 1.81%. Magnite Inc shares have risen nearly 81.65% since the year began. Nevertheless, the stocks have risen 51.76% 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 23.27, which if violated will result in even more drops to 22.38. On the upside, there is a resistance level at 25.62. A further resistance level may holdings at 27.08.

How much short interest is there in Magnite Inc?

A steep rise in short interest was recorded in Magnite Inc stocks on 2025-08-29, dropping by -0.69 million shares to a total of 14.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 15.22 million shares. There was a decline of -4.77%, 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.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.