Magnite's executives will host investor meetings at several upcoming financial conferences, with live webcasts available online.
Quiver AI Summary
Magnite, the largest independent sell-side advertising company, announced that its executive team will participate in several upcoming financial conferences. These include a virtual fireside chat at the Rosenblatt 5th Annual Technology Summit on August 18, and in-person discussions at the Bank of America Media, Communications & Entertainment Conference, Benchmark Tech, Media & Telecom Conference, Citi Global TMT Conference, B. Riley Consumer & TMT Conference, Wolfe Research TMT Conference, and Lake Street Best Ideas Growth Conference scheduled between September 3 and September 11. Live webcasts of selected fireside chats will be available on Magnite's investor relations website, with replays accessible for 90 days afterward.
Potential Positives
- Participation in multiple high-profile financial conferences demonstrates Magnite's commitment to transparency and engagement with investors.
- The live webcasts of the fireside chats provide accessible information to a wide audience, enhancing investor relations efforts.
- Being recognized as the largest independent sell-side advertising company positions Magnite favorably in the competitive market, potentially attracting new clients and partners.
Potential Negatives
- None
FAQ
What events will Magnite participate in for investor meetings?
Magnite will participate in several financial conferences, including the Rosenblatt Technology Summit and the Bank of America Media Conference.
When is Magnite's virtual fireside chat?
The virtual fireside chat is scheduled for Monday, August 18 at 11:00 a.m. ET.
How can I access Magnite's live webcasts?
Live webcasts will be available in the “Events & Presentations” section of Magnite’s investor relations website.
What is the main focus of Magnite's technology?
Magnite's technology helps publishers monetize content across various formats, including CTV, online video, display, and audio.
Where are Magnite's offices located?
Magnite has offices in New York City, Los Angeles, Denver, London, Singapore, and Sydney, among other locations.
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 28 times in the past 6 months. Of those trades, 0 have been purchases and 28 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 375,000 shares for an estimated $7,372,200.
- ADAM LEE SOROCA (CHIEF PRODUCT OFFICER) has made 0 purchases and 6 sales selling 130,624 shares for an estimated $2,666,858.
- JAMES ROSSMAN sold 137,007 shares for an estimated $2,572,991
- DAVID DAY (CHIEF FINANCIAL OFFICER) has made 0 purchases and 3 sales selling 109,146 shares for an estimated $2,175,316.
- KATIE SEITZ EVANS (President, Operations) has made 0 purchases and 2 sales selling 55,000 shares for an estimated $977,600.
- AARON SALTZ (CHIEF LEGAL OFFICER) has made 0 purchases and 2 sales selling 32,116 shares for an estimated $549,920.
- SEAN PATRICK BUCKLEY (President, Revenue) has made 0 purchases and 2 sales selling 20,219 shares for an estimated $353,836.
- PAUL CAINE has made 0 purchases and 3 sales selling 15,000 shares for an estimated $329,100.
- ROBERT F SPILLANE sold 15,000 shares for an estimated $263,550
- DAVID T. PEARSON sold 11,512 shares for an estimated $202,611
- BRIAN GEPHART (CHIEF ACCOUNTING OFFICER) has made 0 purchases and 2 sales selling 12,584 shares for an estimated $202,357.
- DAVID BUONASERA (CHIEF TECHNOLOGY OFFICER) has made 0 purchases and 2 sales selling 12,395 shares for an estimated $194,776.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MGNI Hedge Fund Activity
We have seen 134 institutional investors add shares of $MGNI stock to their portfolio, and 186 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 7,501,741 shares (+77.5%) to their portfolio in Q2 2025, for an estimated $180,941,992
- AMERICAN CENTURY COMPANIES INC added 1,868,188 shares (+63.1%) to their portfolio in Q2 2025, for an estimated $45,060,694
- APIS CAPITAL ADVISORS, LLC added 1,048,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $25,277,760
- QUBE RESEARCH & TECHNOLOGIES LTD removed 1,038,131 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $25,039,719
- GOLDMAN SACHS GROUP INC added 988,600 shares (+106.7%) to their portfolio in Q2 2025, for an estimated $23,845,032
- GRANAHAN INVESTMENT MANAGEMENT, LLC removed 963,094 shares (-26.7%) from their portfolio in Q1 2025, for an estimated $10,988,902
- EDENBROOK CAPITAL, LLC added 913,130 shares (+29.4%) to their portfolio in Q1 2025, for an estimated $10,418,813
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 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Scotiabank issued a "Sector Outperform" rating on 08/07/2025
- Rosenblatt issued a "Buy" rating on 08/07/2025
- Susquehanna issued a "Positive" rating on 08/07/2025
- Benchmark issued a "Buy" rating on 08/07/2025
- Needham issued a "Buy" rating on 08/07/2025
- RBC Capital issued a "Outperform" rating on 07/31/2025
- Lake Street issued a "Buy" rating on 05/08/2025
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 9 analysts offer price targets for $MGNI in the last 6 months, with a median target of $28.0.
Here are some recent targets:
- Daniel L. Kurnos from Benchmark set a target price of $31.0 on 08/07/2025
- Laura Martin from Needham set a target price of $25.0 on 08/07/2025
- Nat Schindler from Scotiabank set a target price of $30.0 on 08/07/2025
- Barton Crockett from Rosenblatt set a target price of $39.0 on 08/07/2025
- Shyam Patil from Susquehanna set a target price of $28.0 on 08/07/2025
- Matthew Swanson from RBC Capital set a target price of $27.0 on 07/31/2025
- Alec Brondolo from Wells Fargo set a target price of $24.0 on 07/08/2025
Full Release
NEW YORK, Aug. 14, 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 investor meetings at the following financial conferences:
- Rosenblatt 5th Annual Technology Summit – company management will participate in a virtual fireside chat on Monday, August 18 at 11:00 a.m. ET
- Bank of America 2025 Media, Communications & Entertainment Conference in New York City on Wednesday, September 3 – company management will participate in a fireside chat at 3:40 p.m. ET
- Benchmark 2025 Tech, Media & Telecom Conference in New York City on Thursday, September 4
- Citi 2025 Global TMT Conference in New York City on Thursday, September 4 – company management will participate in a fireside chat at 4:50 p.m. ET
- B. Riley 8th Annual Consumer & TMT Conference in New York City on Wednesday, September 10
- Wolfe Research TMT Conference 2025 in San Francisco on Wednesday, September 10
-
Lake Street 9th Annual Best Ideas Growth Conference in New York City on Thursday, September 11
Live webcasts of the Rosenblatt, Bank of America and Citi 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]
