Magnite directors execute significant stock sales

Directors at Magnite, Inc. have executed significant stock sales under pre-arranged Rule 10b5-1 trading plans.

Director Paul Caine sold 7,500 shares on August 14, 2026, for a total value of $187,500. Following this transaction, Caine retains 149,901 shares, valued at approximately $3.7 million.

Director Sarah Patricia Harden conducted multiple sales in late August. On August 26, Harden sold 30,550 shares at an average price of $23.31, totaling $712,120.50. This was followed by a sale of 18,436 shares on August 28 at an average price of $24.00, valued at $442,464. After these transactions, Harden holds 114,751 shares worth approximately $2,754,024.

Magnite, a digital advertising marketplace platform, reported quarterly earnings on August 5, exceeding analyst expectations with an EPS of $0.26 and revenue of $192.82 million.