Magnite Inc (MGNI): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Advertising Agencies industry segment, falling under the Communication Services sector. The current market capitalization of Magnite Inc is $2.29B. A total of 1.85 million shares were traded on the day, compared to an average of 2.71M shares.

In the most recent transaction, Buonasera David sold 8,742 shares of MGNI for 16.00 per share on May 27 ’25. After the transaction, the CHIEF TECHNOLOGY OFFICER now owns 258,702 company shares. In a previous transaction on May 23 ’25, Buonasera David sold 3,653 shares at 15.03 per share. MGNI shares that CHIEF TECHNOLOGY OFFICER owns now total 267,444.

Among the insiders who bought shares, DAVID BUONASERA acquired of 8,742 shares on May 27 ’25 at a per-share price of $16.00. In another insider transaction, DAVID BUONASERA bought 3,653 shares at $15.03 per share on May 23 ’25.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, MGNI has a high of $21.29 and a low of $8.22.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MGNI’s latest balance sheet shows that the firm has $230.40M in Cash & Short Term Investments as of fiscal 2021. There were $809.25M in debt and $1.03B in liabilities at the time. Its Book Value Per Share was $5.24, while its Total Shareholder’s Equity was $880.76M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MGNI is Buy with a score of 4.71.

Related Posts

Park Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.