Magnite (NASDAQ:MGNI) Stock, Insider Trading Activity

Magnite: Insider buying and selling updated today.

What is Insider Activity?

Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.

What are Magnite Inc Insiders Doing?

At Magnite Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 50.33K shares worth $760.16K, meanwhile, insiders have report no purchases in the last 30 days.

Notable Recent Insider Buys and Sales

  • On November 13, 2024, Brian Gephart, the company's CHIEF ACCOUNTING OFFICER sold 2.16K shares for $15 each.
  • On August 21, 2024, Patrick Sean Buckley, the company's CHIEF REVENUE OFFICER sold 5.25K shares for $13.02 each.
  • On November 8, 2024, Aaron Saltz, the company's CHIEF LEGAL OFFICER sold 5.11K shares for $13.5 each.

Ownership Statistics for Magnite Inc

Shares Outstanding
141.147M
Insider Shares Owned
8.720M
Insider Percentage Owned
6.18%
Institutional Shares Held
72.255M
Institutional Percentage Held
51.4%
Data brought to you by Benzinga APIs

FAQ

Q

Is insider trading legal?

A
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
Q

What are some examples of market manipulation?

A
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.

Browse insider trades on all stocks.

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