Insider Sale by BARRETT MICHAEL G. (CEO)
Trade Summary
5 days ago, BARRETT MICHAEL G., serving as CEO at MAGNITE, INC. (MGNI), sold 293,968 shares at $22.72 per share, for a total transaction value of $6,678,952.96. Following this transaction, BARRETT MICHAEL G. now holds 403,074 shares of MGNI.
This sale represents a 42.17% 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 Thursday, August 6, 2026 and publicly disclosed via SEC Form 4 filing on Friday, August 7, 2026 at 5:00 PM ET, 1 day 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
$22.72
Quantity
293,968
Total Value
$6,678,952.96
Shares Owned
403,074
Trade Date
5 days ago
SEC Filing Date
at 5:00 PM ET
Filed 1 day after trade
Discussion