16.62
0.42%
-0.07
After Hours:
16.75
0.13
+0.78%
Magnite Inc stock is traded at $16.62, with a volume of 1.18M.
It is down -0.42% in the last 24 hours and up +33.28% 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:
$16.69
Open:
$16.82
24h Volume:
1.18M
Relative Volume:
0.64
Market Cap:
$2.32B
Revenue:
$649.22M
Net Income/Loss:
$-5.40M
P/E Ratio:
-9.6628
EPS:
-1.72
Net Cash Flow:
$158.90M
1W Performance:
+3.68%
1M Performance:
+33.28%
6M Performance:
+32.22%
1Y Performance:
+99.76%
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
Magnite Inc
|
16.62 | 2.32B | 649.22M | -5.40M | 158.90M | -1.72 |
OMC
Omnicom Group Inc
|
104.35 | 20.52B | 15.43B | 1.37B | 1.50B | 6.88 |
WPP
Wpp Plc Adr
|
53.71 | 11.62B | 18.59B | 256.66M | 1.13B | 2.9082 |
IPG
Interpublic Group Of Cos Inc
|
30.48 | 10.93B | 10.86B | 808.20M | 922.50M | 2.40 |
ZD
Ziff Davis Inc
|
57.71 | 2.45B | 1.37B | 59.76M | 173.37M | 1.93 |
Magnite Inc Stock (MGNI) Upgrades & Downgrades
Date | Action | Analyst | Rating Change |
---|---|---|---|
Oct-29-24 | Initiated | Wells Fargo | Equal Weight |
Jul-25-24 | Initiated | Lake Street | Buy |
Jul-16-24 | Initiated | Wolfe Research | Outperform |
May-24-24 | Upgrade | BofA Securities | Neutral → Buy |
Apr-19-24 | Resumed | B. Riley Securities | Buy |
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
Insider Sell Alert: Aaron Saltz Sells Shares of Magnite Inc (MGN - GuruFocus.com
Magnite CTO David Buonasera sells $7,232 in stock - Investing.com
Magnite CEO Michael Barrett sells $476,080 in stock - Investing.com
Magnite's CTO David Buonasera sells shares valued at $156,723 - Investing.com India
Edenbrook Capital LLC Has $48.41 Million Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
MGNI (Magnite) Book Value per Share : $5.14 (As of Sep. 2024) - GuruFocus.com
Insider Sell: David Buonasera Sells Shares of Magnite Inc (MGNI) - GuruFocus.com
Millrace Asset Group Inc. Sells 48,361 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite (FRA:15R) Growth Rank : 8 (As of Nov. 26, 2024) - GuruFocus.com
Connor Clark & Lunn Investment Management Ltd. Makes New $2.07 Million Investment in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite (FRA:15R) Debt-to-EBITDA : 5.60 (As of Sep. 2024) - GuruFocus.com
Magnite (FRA:15R) 3-Year EPS without NRI Growth Rate : -46.80% (As of Sep. 2024) - GuruFocus.com
Magnite (FRA:15R) Debt-to-Equity : 0.85 (As of Sep. 2024) - GuruFocus.com
MGNI (Magnite) GF Value Rank : 3 (As of Nov. 24, 2024) - GuruFocus.com
(MGNI) Technical Data - Stock Traders Daily
Magnite, Inc. (NASDAQ:MGNI) Holdings Raised by Principal Financial Group Inc. - MarketBeat
Magnite Inc (NASDAQ:MGNI): A Bullish Investment Perspective - MSN
Magnite (NASDAQ:MGNI) Reaches New 1-Year HighTime to Buy? - MarketBeat
Magnite director Robert Spillane sells $201,500 in stock By Investing.com - Investing.com Canada
Robert F. Spillane Sells 12,500 Shares of Magnite, Inc. (NASDAQ:MGNI) Stock - MarketBeat
Insider Selling: Robert Spillane Sells 12,500 Shares of Magnite Inc (MGNI) - GuruFocus.com
Magnite director Robert Spillane sells $201,500 in stock - Investing.com
MGNI (Magnite) GF Value Rank : 3 (As of Nov. 22, 2024) - GuruFocus.com
MGNI or INFA: Which Is the Better Value Stock Right Now? - MSN
Magnite (MEX:MGNI) Total Inventories : MXN0 Mil (As of Sep. 2024) - GuruFocus.com
Magnite Inc call volume above normal and directionally bullish - TipRanks
Magnite (MEX:MGNI) GF Score : 69/100 (As of Nov. 21, 2024) - GuruFocus.com
Magnite (MEX:MGNI) Enterprise Value : MXN50,020 Mil (As of Nov. 21, 2024) - GuruFocus.com
Magnite (STU:15R) Profitability Rank : 5 (As of Sep. 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 - Investing.com India
Magnite's chief revenue officer sells common stock worth $156,015 By Investing.com - Investing.com Canada
Magnite CEO Michael Barrett sells $1.61 million 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 accounting officer sells $33,633 in stock By Investing.com - Investing.com UK
Victory Capital Management Inc. Has $18.57 Million Position in Magnite, Inc. (NASDAQ:MGNI) - 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
TCL Selects Magnite to Elevate Its Streaming Strategy and Strengthen Its Ad-Supported Business - Marketscreener.com
Magnite Inc (MGNI) Stock Price Up 3.53% on Nov 13 - GuruFocus.com
FMR LLC Adjusts Stake in Magnite Inc - GuruFocus.com
Magnite selected by TCL to elevate streaming strategy - TipRanks
Magnite Lands Major Ad Deal with TCL, World's #2 TV Maker with 24M Streaming Users | MGNI Stock News - StockTitan
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
MGNI stock touches 52-week high at $15.93 amid robust growth - Investing.com
Magnite Inc Stock (MGNI) Financials Data
Revenue
Net Income
Cash Flow
EPS
Magnite Inc Stock (MGNI) Insider Trading
Insider Trading | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total |
---|---|---|---|---|---|---|---|
Soroca Adam Lee | CHIEF PRODUCT OFFICER |
Nov 22 '24 |
Sale |
17.00 |
8,328 |
141,576 |
421,347 |
Buonasera David | CHIEF TECHNOLOGY OFFICER |
Nov 22 '24 |
Sale |
17.00 |
9,219 |
156,723 |
226,195 |
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