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15.88
1.93%
-0.15
Magnite Inc stock is traded at $15.88, with a volume of 198.84K.
It is down -1.93% in the last 24 hours and up +31.33% over the past month.
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
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Previous Close:
$16.03
Open:
$16.08
24h Volume:
198.84K
Relative Volume:
0.11
Market Cap:
$2.26B
Revenue:
$649.22M
Net Income/Loss:
$-5.40M
P/E Ratio:
-9.2326
EPS:
-1.72
Net Cash Flow:
$158.90M
1W Performance:
-5.64%
1M Performance:
+31.33%
6M Performance:
+40.86%
1Y Performance:
+98.74%
1-Day Range:
$15.70
$16.18
1-Week Range:
$15.36
$16.65
52-Week Range:
$7.965
$17.00
Magnite Inc Stock (MGNI) Company Profile
Name
Magnite Inc
Sector
Industry
Phone
212-243-2769
Address
1250 BROADWAY, NEW YORK
Compare MGNI with other stocks
| Stocks | Price | Market Cap | Revenue | Net Income | Cash Flow | EPS |
|---|---|---|---|---|---|---|
| MGNI | 15.89 | 2.26B | 649.22M | -5.40M | 158.90M | -1.72 |
| OMC | 100.23 | 19.40B | 15.43B | 1.37B | 1.50B | 6.88 |
| WPP | 51.53 | 11.03B | 18.59B | 256.66M | 1.13B | 2.9082 |
| IPG | 28.58 | 10.93B | 10.86B | 808.20M | 922.50M | 2.40 |
| ZD | 55.95 | 2.37B | 1.37B | 59.76M | 173.37M | 1.93 |
Magnite Inc Stock (MGNI) Upgrades & Downgrades
| Date | Action | Analyst | Rating Change |
|---|---|---|---|
| Jan-11-24 | Initiated | BofA Securities | Neutral |
| Aug-16-23 | Upgrade | Evercore ISI | In-line → Outperform |
| Apr-13-23 | Initiated | B. Riley Securities | Buy |
| Jul-14-22 | Initiated | The Benchmark Company | Buy |
| Sep-22-21 | Initiated | Berenberg | Buy |
| Aug-31-21 | Initiated | Macquarie | Outperform |
| Aug-09-21 | Initiated | RBC Capital Mkts | Outperform |
| Jun-07-21 | Upgrade | Truist | Hold → Buy |
| Apr-06-21 | Initiated | Evercore ISI | In-line |
| Jan-28-21 | Resumed | B. Riley Securities | Neutral |
| Jan-25-21 | Downgrade | Truist | Buy → Hold |
| Jan-22-21 | Reiterated | Craig Hallum | Buy |
| Dec-21-20 | Reiterated | Needham | Buy |
| Dec-18-20 | Initiated | Susquehanna | Positive |
| Nov-10-20 | Reiterated | Needham | Buy |
| Sep-29-20 | Initiated | RBC Capital Mkts | Outperform |
| Sep-03-20 | Initiated | Needham | Buy |
View All
Magnite Inc Stock (MGNI) Latest News
Magnite (MEX:MGNI) Enterprise Value : MXN50,020 Mil (As of Nov. 21, 2024) - GuruFocus.com
Magnite CTO David Buonasera sells shares worth $4,368 - Investing.com India
Magnite CTO David Buonasera sells shares worth $4,368 By Investing.com - Investing.com South Africa
Magnite's chief product officer sells $122,444 in stock By Investing.com - Investing.com Canada
Magnite's chief revenue officer sells common stock worth $156,015 - Investing.com
Magnite CEO Michael Barrett sells $1.61 million in stock - Investing.com
Magnite's chief product officer sells $122,444 in stock - Investing.com
Magnite's chief accounting officer sells $33,633 in stock By Investing.com - Investing.com UK
Magnite, Inc. (NASDAQ:MGNI) Shares Purchased by Victory Capital Management Inc. - MarketBeat
Insider Sale: Chief Technology Officer David Buonasera Sells Sha - GuruFocus.com
Royce & Associates LP Buys 73,555 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Insider Sale: Chief Accounting Officer Brian Gephart Sells Shares of Magnite Inc (MGNI) - GuruFocus.com
How To Trade (MGNI) - Stock Traders Daily
FMR LLC Adjusts Stake in Magnite Inc - GuruFocus.com
Magnite selected by TCL to elevate streaming strategy - TipRanks
TCL Selects Magnite to Elevate Its Streaming Strategy and Strengthen Its Ad-Supported Business - Marketscreener.com
Magnite, Inc.'s (NASDAQ:MGNI) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue? - Simply Wall St
Optimistic Investors Push Magnite, Inc. (NASDAQ:MGNI) Shares Up 29% But Growth Is Lacking - Simply Wall St
Lisanti Capital Growth LLC Sells 136,395 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Macquarie Reiterates "Outperform" Rating for Magnite (NASDAQ:MGNI) - MarketBeat
Earnings call: Magnite reports robust growth and positive outlook in Q3 2024 - Investing.com Australia
Magnite, Inc.'s (NASDAQ:MGNI) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue? - Yahoo Finance Australia
Magnite Third Quarter 2024 Earnings: EPS Beats Expectations - Yahoo Finance
Magnite, Inc. (NASDAQ:MGNI) Q3 2024 Earnings Call Transcript - Insider Monkey
Insider Sale: Chief Legal Officer Aaron Saltz Sells Shares of Ma - GuruFocus.com
Insider Selling: Magnite, Inc. (NASDAQ:MGNI) Insider Sells 5,112 Shares of Stock - MarketBeat
Magnite (MGNI) Q3 Earnings and Revenues Beat Estimates - MSN
Magnite Inc (MGNI) Q3 2024 Earnings Call Highlights: Strong Reve - GuruFocus.com
Magnite (MGNI) Q3 2024 Earnings Call Transcript - Barchart
Magnite Inc (MGNI) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... - Yahoo Finance
Magnite, Inc. Reports Strong Q3 2024 Results - TipRanks
Magnite, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com
Magnite: Q3 Earnings Snapshot - San Francisco Chronicle
Magnite Inc (MGNI) Q3 2024 Earnings: EPS of $0.04, Revenue Hits $162 Million, Surpassing Estimates - GuruFocus.com
Magnite reports Q3 EPS 17c, consensus 16c - TipRanks
Magnite Reports Third Quarter 2024 Results - StockTitan
Magnite Inc options imply 13.8% move in share price post-earnings - TipRanks
Magnite gets highest score for ‘Current Offering’ in Forrester’s sell-side platforms report - Mediabrief
Here’s Why Choice Equities Fund is Holding Magnite (MGNI) - Insider Monkey
Magnite Gets Highest Score for ‘Current Offering’ in Leading SSP Report - StockTitan
Harbor Capital Advisors Inc. Acquires 531,069 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
(MGNI) Pivots Trading Plans and Risk Controls - Stock Traders Daily
Disney and Magnite Announce Two-Year Deal Renewal - Marketscreener.com
Stephens Investment Management Group LLC Takes $5.59 Million Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite, Inc. (NASDAQ:MGNI) Receives Consensus Recommendation of "Moderate Buy" from Analysts - MarketBeat
Is This Small-Cap Growth Stock a Buy on Its Disney Deal? - MSN
TSX Composite Index (TXCX) QuotePress Release - The Globe and Mail
Magnite (MGNI) Scheduled to Post Quarterly Earnings on Thursday - MarketBeat
S&P 500 Energy [Sector] (SREN) QuotePress Release - The Globe and Mail
Wells Fargo Initiates Coverage on Magnite, Trade Desk With Mixed Ratings - Yahoo Finance
Assenagon Asset Management S.A. Raises Stock Holdings in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite Inc Stock (MGNI) Financials Data
Revenue
Net Income
Cash Flow
EPS
Magnite Inc Stock (MGNI) Insider Trading
| Insider Trading | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total |
|---|---|---|---|---|---|---|---|
| Gephart Brian | CHIEF ACCOUNTING OFFICER |
Nov 18 '24 |
Sale |
15.60 |
2,156 |
33,634 |
112,795 |
| Soroca Adam Lee | CHIEF PRODUCT OFFICER |
Nov 18 '24 |
Sale |
15.60 |
7,849 |
122,444 |
421,347 |
| Buckley Sean Patrick | CHIEF REVENUE OFFICER |
Nov 18 '24 |
Sale |
15.60 |
10,001 |
156,016 |
303,743 |
| Buonasera David | CHIEF TECHNOLOGY OFFICER |
Nov 18 '24 |
Sale |
15.77 |
277 |
4,368 |
235,414 |
| BARRETT MICHAEL G. | CEO |
Nov 15 '24 |
Sale |
16.14 |
100,000 |
1,614,000 |
809,914 |
0.22%
0.18%
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