Insider Sale by BARRETT MICHAEL G. (CEO)
Trade Summary
3 days ago, BARRETT MICHAEL G., serving as CEO at MAGNITE, INC. (MGNI), sold 75,000 shares at $19.50 per share, for a total transaction value of $1,462,500.00. Following this transaction, BARRETT MICHAEL G. now holds 403,074 shares of MGNI.
This sale represents a 15.69% decrease in BARRETT MICHAEL G.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, June 29, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, July 1, 2026 at 4:49 PM ET, 2 days after the trade was made.
MAGNITE, INC. operates in the COMMUNICATION SERVICES sector, specifically within the ADVERTISING AGENCIES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$19.50
Quantity
75,000
Total Value
$1,462,500.00
Shares Owned
403,074
Trade Date
3 days ago
SEC Filing Date
at 4:49 PM ET
Filed 2 days after trade
Discussion