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Markets · Investing · Business
Finance
A Magnite Director Sells Nearly 50,000 Shares Worth $1.2 Million Amid a Rising Stock Price
The provider of software tools that help publishers monetize digital content reported a notable insider equity sale.
Sarah Patricia Harden, a Director at Magnite, Inc.(NASDAQ:MGNI), reported a sale of 48,986 shares of common stock on August 26, 2026 and August 28, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($23.57); post-transaction value based on August 28, 2026 market close ($23.70).
Details
Magnite is a leading independent platform in the digital advertising ecosystem with a trailing 12-month revenue base of $742 million and net income of $166.9 million, reflecting strong operational profitability.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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