Magnite will host investor meetings and participate in financial conferences from May 13 to June 10, 2025.
Quiver AI Summary
Magnite, the leading independent sell-side advertising company, announced the participation of its executive team in several upcoming financial conferences. Key events include the 20th Annual Needham Technology, Media and Consumer Conference on May 13, where management will engage in a fireside chat, followed by appearances at the B. Riley Securities Investor Conference, Craig-Hallum Institutional Investor Conference, Evercore ISI Internet Summit, Bank of America Global Technology Conference on June 3 with another fireside chat, and the Wolfe Research Small and Mid-Cap Conference. Management will also participate in a virtual fireside chat during the Rosenblatt Technology Summit on June 10. Live webcasts of the Needham and Bank of America discussions will be accessible on Magnite’s investor relations website, with replays available for 90 days post-event.
Potential Positives
- Magnite's participation in multiple high-profile financial conferences demonstrates its active engagement with the investment community, which can enhance investor confidence and interest in the company.
- The live webcasts of key discussions provide transparency and accessibility for investors, allowing them to engage with company insights and updates.
- Highlighting Magnite as the largest independent sell-side advertising company positions it favorably within the industry, reinforcing its market leadership and expertise.
- The range of participation across different locations emphasizes Magnite's global presence and operational scale, appealing to a diverse investor base.
Potential Negatives
- None
FAQ
When is the next financial conference Magnite will attend?
Magnite will participate in the 20th Annual Needham Technology Conference on May 13, 2025.
Where can I watch the live webcasts of Magnite's investor meetings?
Live webcasts can be viewed on Magnite’s investor relations website in the “Events & Presentations” section.
What are the dates for the B. Riley Securities Conference?
The B. Riley Securities 25th Annual Investor Conference is on May 21 and 22, 2025.
Who from Magnite will participate in the investors' conferences?
Members of Magnite's executive team will participate in and host the investor meetings at the conferences.
What type of company is Magnite?
Magnite is the largest independent sell-side advertising company, providing monetization technology for publishers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MGNI Insider Trading Activity
$MGNI insiders have traded $MGNI stock on the open market 29 times in the past 6 months. Of those trades, 0 have been purchases and 29 have been sales.
Here’s a breakdown of recent trading of $MGNI stock by insiders over the last 6 months:
- MICHAEL G. BARRETT (CEO) has made 0 purchases and 3 sales selling 275,000 shares for an estimated $4,682,970.
- JAMES ROSSMAN sold 149,936 shares for an estimated $2,917,754
- DAVID DAY (CHIEF FINANCIAL OFFICER) has made 0 purchases and 5 sales selling 90,734 shares for an estimated $1,661,658.
- SEAN PATRICK BUCKLEY (President, Revenue) has made 0 purchases and 3 sales selling 39,221 shares for an estimated $731,257.
- AARON SALTZ (CHIEF LEGAL OFFICER) has made 0 purchases and 3 sales selling 29,169 shares for an estimated $530,390.
- ADAM LEE SOROCA (CHIEF PRODUCT OFFICER) has made 0 purchases and 3 sales selling 31,676 shares for an estimated $508,129.
- DAVID BUONASERA (CHIEF TECHNOLOGY OFFICER) has made 0 purchases and 5 sales selling 24,308 shares for an estimated $404,118.
- KATIE SEITZ EVANS (President, Operations) sold 12,520 shares for an estimated $250,400
- ROBERT F SPILLANE sold 12,500 shares for an estimated $201,500
- BRIAN GEPHART (CHIEF ACCOUNTING OFFICER) has made 0 purchases and 3 sales selling 10,562 shares for an estimated $165,973.
- PAUL CAINE sold 5,000 shares for an estimated $101,750
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MGNI Hedge Fund Activity
We have seen 145 institutional investors add shares of $MGNI stock to their portfolio, and 149 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL RESEARCH GLOBAL INVESTORS added 7,725,235 shares (+inf%) to their portfolio in Q4 2024, for an estimated $122,985,741
- MARSHALL WACE, LLP removed 2,847,273 shares (-78.1%) from their portfolio in Q4 2024, for an estimated $45,328,586
- FMR LLC removed 2,147,692 shares (-57.1%) from their portfolio in Q4 2024, for an estimated $34,191,256
- UBS GROUP AG added 1,450,621 shares (+596.9%) to their portfolio in Q4 2024, for an estimated $23,093,886
- BOSTON PARTNERS added 1,336,458 shares (+39.1%) to their portfolio in Q4 2024, for an estimated $21,276,411
- PACER ADVISORS, INC. added 1,102,156 shares (+inf%) to their portfolio in Q1 2025, for an estimated $12,575,599
- VICTORY CAPITAL MANAGEMENT INC removed 1,059,946 shares (-89.7%) from their portfolio in Q1 2025, for an estimated $12,093,983
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MGNI Analyst Ratings
Wall Street analysts have issued reports on $MGNI in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 02/03/2025
- RBC Capital issued a "Outperform" rating on 01/03/2025
- Wolfe Research issued a "Outperform" rating on 01/03/2025
- Needham issued a "Buy" rating on 12/05/2024
To track analyst ratings and price targets for $MGNI, check out Quiver Quantitative's $MGNI forecast page.
$MGNI Price Targets
Multiple analysts have issued price targets for $MGNI recently. We have seen 3 analysts offer price targets for $MGNI in the last 6 months, with a median target of $20.0.
Here are some recent targets:
- Matthew Swanson from RBC Capital set a target price of $22.0 on 01/03/2025
- Shweta Khajuria from Wolfe Research set a target price of $19.0 on 01/03/2025
- Laura Martin from Needham set a target price of $20.0 on 12/05/2024
Full Release
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate and host in-person investor meetings at the following financial conferences:
- 20th Annual Needham Technology, Media and Consumer Conference in New York City on Tuesday, May 13 – company management will participate in a fireside chat at 10:15 a.m. ET.
- B. Riley Securities 25th Annual Investor Conference in Marina del Rey on Wednesday, May 21, and Thursday, May 22.
- Craig-Hallum 22nd Annual Institutional Investor Conference in Minneapolis on Wednesday, May 28.
- Evercore ISI 4th Annual Nothing But Net Internet Investors Summit in New York City on Wednesday, May 28.
- Bank of America Global Technology Conference in San Francisco on Tuesday, June 3 – company management will participate in a fireside chat at 2:40 p.m. PT.
- Wolfe Research Small and Mid-Cap Conference in New York City on Thursday, June 5.
-
Rosenblatt 5th Annual Technology Summit – company management will participate in a virtual fireside chat on Tuesday, June 10 at 9:00 a.m. ET
Live webcasts of the Needham and Bank of America fireside chats will be available in the “Events & Presentations” section of Magnite’s investor relations website at: https://investor.magnite.com . The webcast replays will be available following the conclusion of the live presentations for 90 days.
About Magnite
We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.
Investor Relations Contact
Nick Kormeluk, 949-500-0003
[email protected]
