Magnite Chairman Sells 7,500 Shares Near the Stock's 52-Week High
The advertising technology platform provider reported a notable insider stock sale.
Overview
Paul Caine, Chairman of the Board of Directors at Magnite, Inc. (NASDAQ:MGNI), disclosed a sale of 7,500 shares on September 17, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($26.50); post-transaction value based on September 17, 2026 market close ($25.63).
Details
Magnite is a leading independent advertising technology platform with a market cap of $3.6 billion, serving as a critical infrastructure provider in the digital advertising ecosystem. The company's sophisticated marketplace connects publishers and advertisers at scale, enabling efficient programmatic trading across connected TV, mobile, and web channels.
Source
Originally published at www.fool.com.