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Market Cap 1.99B P/E - EPS this Y 38.90% Ern Qtrly Grth -
Income -5.4M Forward P/E 17.28 EPS next Y 22.70% 50D Avg Chg 7.00%
Sales 649.22M PEG -0.51 EPS past 5Y 1.76% 200D Avg Chg 35.00%
Dividend N/A Price/Book 2.82 EPS next 5Y -32.20% 52W High Chg -7.00%
Recommedations 1.80 Quick Ratio 1.09 Shares Outstanding 141.15M 52W Low Chg 163.00%
Insider Own 10.82% ROA 0.32% Shares Float 125.80M Beta 2.41
Inst Own 75.19% ROE -0.79% Shares Shorted/Prior 8.63M/8.34M Price 14.69
Gross Margin 56.35% Profit Margin -0.83% Avg. Volume 1,470,227 Target Price 17.46
Oper. Margin 5.88% Earnings Date Nov 6 Volume 706,696 Change -1.01%
About Magnite, Inc.

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

MGNI Chatroom

User Image alyon Posted - 4 hours ago

$MGNI I’m curious if anyone has some perspective on the news of Comcast spinning off cable networks. Will the spun off part have their ad tech? If it is without its ad tech, would that give Magnite another potential customer?

User Image DUKEPROFITS Posted - 5 hours ago

$MGNI https://youtu.be/tP8OuSnGppY?si=9hfzROZhtBA4G2HT

User Image unfriend Posted - 7 hours ago

$MGNI I'm intrigued with this. This looks like it could be a multi bagger

User Image DUKEPROFITS Posted - 13 hours ago

$MGNI The lawsuit said Google had “corrupted legitimate competition in the ad tech industry by engaging in a systematic campaign to seize control of the wide swath of high-tech tools used by publishers, advertisers and brokers to facilitate digital advertising.”

User Image DUKEPROFITS Posted - 13 hours ago

$MGNI Google’s lawyers wrapped up their arguments in the case on Friday, after which the government offered a short rebuttal. Judge Leonie Brinkema of the U.S. District Court for the Eastern District of Virginia, who is presiding over the nonjury trial, is expected to deliver a ruling in the coming months, after both sides summarize their cases in writing and deliver closing arguments on Nov. 25.

User Image BananaApe Posted - 13 hours ago

$MGNI https://www.adexchanger.com/platforms/magnites-ctv-and-curation-businesses-are-both-growing-rapidly/

User Image KeepingTrack1 Posted - 13 hours ago

$MGNI Next legs: $3B Market Cap : $20.87/share $4B Mkt Cap: $27.83 / share $5B Mkt Cap: $34.78 / share

User Image DUKEPROFITS Posted - 14 hours ago

$MGNI https://www.adexchanger.com/programmatic/forresters-ssp-wave-lists-the-top-10-ssps-with-google-at-the-bottom-really/

User Image BananaApe Posted - 15 hours ago

$MGNI we almost get that tits up momentum to push us higher.. and then the market shit on us… but we shall be back in green soon

User Image schatu2 Posted - 19 hours ago

$MGNI TTD just announced that it has developed "Ventura", a new streaming TV operating system (OS); there might be advantages for Magnite with it: (1) Ventura’s emphasis on a more transparent and efficient supply chain benefits Magnite as publishers and advertisers will likely prefer platforms that integrate with the clean ecosystem Ventura promotes; (2) Magnite already supports UID2 which aligns with Ventura’s goals of precision targeting and audience matching; this synergy may lead to strengthened collaboration opportunities between Magnite and TTD, improving Magnite’s standing as a sell-side solution; (3) Ventura once again underlines the continued shift to ad-supported streaming options and increased advertising budgets for CTV will eventually increase overall market size; Magnite as major CTV-focused SSP will benefit from this growth https://investors.thetradedesk.com/news-events/news-details/2024/The-Trade-Desk-Announces-Ventura-a-Revolutionary-Streaming-TV-Operating-System/default.aspx

User Image RonIsWrong Posted - 20 hours ago

$MGNI alright, fine 2. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2023.

User Image DUKEPROFITS Posted - 1 day ago

$MGNI Yahoo announced it is extending its identity solutions such as ConnectID to SSPs through Amazon Publisher Services, InMobi, Magnite and PubMatic

User Image RaymondR3ddington Posted - 1 day ago

$MGNI we are so close to closing over the 200sma weekly. That would be major. $23 for Christmas? Pls Santa. It’s all I want.

User Image CollectNPlay Posted - 1 day ago

$MGNI could see $17+ tomorrow with good market conditions

User Image Paukdogg10 Posted - 1 day ago

$MGNI

User Image HighRockCapital Posted - 1 day ago

@HighRockCapital $MGNI

User Image ponderevo Posted - 1 day ago

$MGNI can someone please post the deets on the big buyer at 11:25 am (I'm away from my computer today)? Curious re: the size of that/those blocks.

User Image BananaApe Posted - 1 day ago

$MGNI oh daddy Barrett.. give me more.

User Image CollectNPlay Posted - 1 day ago

$MGNI Hello there

User Image BananaApe Posted - 1 day ago

$MGNI

User Image W1llsterl1 Posted - 1 day ago

$MGNI added Jan 17.50’s

User Image MetroStockTrader Posted - 1 day ago

$MGNI Also, here’s a snapshot of MB’s comments about take rates being in an upswing after hitting its trough. Long MGNI! 🔥🔥🔥

User Image JasonCO Posted - 1 day ago

$MGNI shock the world mags

User Image MetroStockTrader Posted - 1 day ago

$MGNI It depends how patient you want to be and of course, favorable market conditions must prevail, but MGNI will eventually will take out its ATH of $61.80. My guess is in the next 2-3 years. Here’s MB on the curation business… “Yes, I'll tell you, it's incredible. So Jason, we've been talking about this whole kind of moving audience targeting to the sell-side and I think that the -- what's been the hindrance to that is there's still third-party cookies, right? And most publishers are like, hey, until the third-party cookie goes away, I'm going to continue to transact the way I always did. But now that they feel that it is going away, even though the hiccup with Chrome deprecation of cookies, they are really leaning into it. So we've seen it is early days and its early revenue, but we've seen a big explosion in it from a theory to reality. And so you're seeing quite a bit of publishers adopting it.”

User Image DonCorleone77 Posted - 1 day ago

$NXE $OPRA $GFL $MGNI $DAWN This is in relation to the news I referenced in my post below on 10/25/24: NexGen Energy achieves permitting milestone NexGen Energy announced a milestone in the Federal EA process for its 100% owned Rook I Project. The CNSC has provided NexGen formal confirmation that the company has successfully addressed all information requests received as part of the Federal technical review. With completion of the CNSC technical review, the next and final steps in the federal approval process include scheduling a Commission Hearing Date for the Project, subject to which the CNSC will render an approval decision on the project.

User Image BananaApe Posted - 2 days ago

$MGNI cant wait for them to force google to sell their ad-exchange server or spin off to a separate entity..

User Image ponderevo Posted - 2 days ago

$MGNI weird there's no AH market action on the Google news. Can't imagine any incoming Justice Dept head would try to invalidate this ruling. Not like Google is beloved by the far right. Then again, there will be appeals for years.

User Image mrdan321 Posted - 2 days ago

$MGNI Are you ready for the mother of all catalysts? Holy smokes. https://www.reuters.com/technology/doj-ask-judge-force-google-sell-off-chrome-bloomberg-reports-2024-11-18/

User Image DUKEPROFITS Posted - 2 days ago

$MGNI Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the biggest tech companies in the world. The department will ask the judge, who ruled in August that Google illegally monopolized the search market, to require measures related to artificial intelligence and its Android smartphone operating system, according to people familiar with the plans. Antitrust officials, along with states that have joined the case, also plan to recommend Wednesday that federal judge Amit Mehta impose data licensing requirements, said the people, who asked not to be named discussing a confidential matter.

User Image DUKEPROFITS Posted - 2 days ago

$MGNI DOJ Will Push Google to Sell Chrome to Break Search Monopoly https://www.bloomberg.com/news/articles/2024-11-18/doj-will-push-google-to-sell-off-chrome-to-break-search-monopoly

Analyst Ratings
Needham Buy Oct 2, 24
RBC Capital Outperform Sep 27, 24
Benchmark Buy Sep 18, 24
Craig-Hallum Buy Aug 21, 24
Benchmark Buy Aug 20, 24
Benchmark Buy Aug 8, 24
B of A Securities Buy Jul 29, 24
Lake Street Buy Jul 25, 24
Wolfe Research Outperform Jul 16, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Buonasera David Chief Technology Off.. Chief Technology Officer Sep 06 Sell 8.58 5,444 46,710 207,246 09/07/23
Spillane Robert F Director Director Aug 22 Sell 8.05 25,000 201,250 94,090 08/23/23
Buckley Sean Patrick Chief Revenue Office.. Chief Revenue Officer Aug 16 Sell 8.31 5,273 43,819 317,529 08/18/23
Soroca Adam Lee Chief Product Office.. Chief Product Officer Aug 16 Sell 8.31 6,840 56,840 425,437 08/18/23
BARRETT MICHAEL G. CEO CEO Aug 16 Sell 8.31 35,869 298,071 1,294,203 08/18/23
Evans Katie Seitz Chief Operating Offi.. Chief Operating Officer Aug 16 Sell 8.31 7,038 58,486 349,033 08/18/23
Buonasera David Chief Technology Off.. Chief Technology Officer Jul 03 Sell 13.43 6,624 88,960 215,338 07/06/23
Day David Chief Financial Offi.. Chief Financial Officer Jun 29 Sell 14.00 21,564 301,896 424,944 06/30/23
Buckley Sean Patrick Chief Revenue Office.. Chief Revenue Officer Jun 02 Sell 12.99 12,219 158,725 322,802 06/06/23
Soroca Adam Lee Chief Product Office.. Chief Product Officer May 16 Sell 10.88 12,390 134,803 432,277 05/18/23
BARRETT MICHAEL G. CEO CEO May 16 Sell 10.88 24,679 268,508 1,505,072 05/18/23
Buonasera David Chief Technology Off.. Chief Technology Officer May 16 Sell 10.88 1,559 16,962 221,962 05/18/23
Gephart Brian Chief Accounting Off.. Chief Accounting Officer May 16 Sell 10.88 1,237 13,459 96,563 05/18/23
Evans Katie Seitz Chief Operating Offi.. Chief Operating Officer May 16 Sell 10.88 7,450 81,056 384,943 05/18/23
Saltz Aaron Chief Legal Officer Chief Legal Officer May 16 Sell 10.88 3,801 41,355 330,820 05/18/23
Day David Chief Financial Offi.. Chief Financial Officer May 16 Sell 10.88 16,066 174,798 463,025 05/18/23
Buckley Sean Patrick Chief Revenue Office.. Chief Revenue Officer May 16 Sell 10.88 5,640 61,363 335,021 05/18/23
Soroca Adam Lee Chief Product Office.. Chief Product Officer Feb 15 Sell 13.66 5,000 68,300 378,107 02/16/22
Soroca Adam Lee Chief Product Office.. Chief Product Officer Jan 18 Sell 14.61 5,000 73,050 289,769 01/20/22
Evans Katie Seitz Chief Operating Offi.. Chief Operating Officer Sep 15 Sell 29.29 64,190 1,880,125 354,744 09/15/21
Saltz Aaron General Counsel General Counsel Sep 10 Sell 30.21 40,004 1,208,521 266,478 09/10/21
Saltz Aaron General Counsel General Counsel Sep 10 Option 5.45 48,066 261,960 306,482 09/10/21
TROE LISA L Director Director Aug 18 Option 4.49 19,792 88,866 103,500 08/18/21