4 stories mentioning MGNIUpdated 1h ago
Every FINWIRES story that references MGNI, newest first.
Michael G. Barrett, Director, Chief Executive Officer, on June 15, 2026, sold 278,596 shares in Magnite (MGNI) for $4,712,908. Following the Form 4 filing with the SEC, Barrett has control over a total of 403,074 common shares of the company, with 403,074 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1595974/000119312526274501/xslF345X05/ownership.xml
Magnite (MGNI) is in a good position to benefit from the continued growth and maturation of the connected TV, or CTV, advertising market, RBC Capital Markets said in a note Wednesday, citing management comments during a recent non-deal roadshow.In CTV, the company said advertising inventory continues to grow, particularly in live sports, which is just entering an inflection phase. The company already has access to most major CTV publishers and continues to benefit from the industry's shift toward programmatic advertising, the analysts said.New sources of advertising demand may be the bigger growth catalyst going forward, management suggested. One area of opportunity is the small and medium-sized business market, which is becoming more accessible through simpler buying interfaces and GenAI video creatives, the analysts added.Investors also asked about the possibility of Meta (META) becoming a buyer of CTV advertising inventory, according to the note. While the company did not comment specifically on Meta, it did note its "unique breadth of inventory," which could make it a logical partner for any new demand source, the analysts said.RBC is maintaining its outperform rating and $20 price target on Magnite.Price: $15.77, Change: $-0.04, Percent Change: -0.25%
Magnite (MGNI) has an average rating of buy and mean price target of $22.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Magnite (MGNI) said Tuesday it has been selected by Hearst News as a preferred deal partner for high-impact advertising formats across web and CTV inventory.Magnite said it also signed a partnership with Hearst News to support its video advertising operations using the SpringServe platform.Magnite shares were down over 5% in Tuesday trading.Price: $13.31, Change: $-0.70, Percent Change: -4.96%
