What to Know When a Magnite Director Sells Into a 36% Growth Quarter
This sale was executed under a pre-arranged Rule 10b5-1 trading plan from December 2025.
Overview
Douglas S. Knopper, a director at Magnite, Inc. (NASDAQ:MGNI), sold 37,337 shares of common stock on August 6 at $22.72 per share, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($22.72); post-transaction value based on the August 6 market close ($24.32).
Details
Magnite is a leading independent platform in the digital advertising technology sector, with a market capitalization of $3.5 billion and TTM revenues of $742.0 million. The company maintains a competitive advantage through its sophisticated, independent marketplace infrastructure that connects a diverse ecosystem of publishers and advertisers globally. With a demonstrated ability to generate substantial net income of $166.9 million TTM, Magnite is positioned as a critical infrastructure provider in the programmatic advertising landscape.
Source
Originally published at www.fool.com.