Magnite Inc (NASDAQ: MGNI) kicked off on Tuesday, up 4.70% from the previous trading day, before settling in for the closing price of $15.32. Over the past 52 weeks, MGNI has traded in a range of $8.22-$21.29.
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Annual sales at Communication Services sector company grew by 38.29% over the past five years. While this was happening, its average annual earnings per share was recorded 24.57%. With a float of $136.60 million, this company’s outstanding shares have now reached $141.48 million.
Let’s look at the performance matrix of the company that is accounted for 905 employees. In terms of profitability, gross margin is 61.68%, operating margin of 9.42%, and the pretax margin is 6.16%.
Magnite Inc (MGNI) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Advertising Agencies Industry. The insider ownership of Magnite Inc is 3.20%, while institutional ownership is 95.77%. The most recent insider transaction that took place on May 20 ’25, was worth 141,576. Before that another transaction happened on May 16 ’25, when Company’s CHIEF PRODUCT OFFICER sold 11,366 for $15.73, making the entire transaction worth $178,787. This insider now owns 437,117 shares in total.
Magnite Inc (MGNI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 24.57% per share during the next fiscal year.
Magnite Inc (NASDAQ: MGNI) Trading Performance Indicators
Take a look at Magnite Inc’s (MGNI) current performance indicators. Last quarter, stock had a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.36. Likewise, its price to free cash flow for the trailing twelve months is 8.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.07 in one year’s time.
Technical Analysis of Magnite Inc (MGNI)
Magnite Inc (NASDAQ: MGNI) saw its 5-day average volume 1.99 million, a negative change from its year-to-date volume of 2.67 million. As of the previous 9 days, the stock’s Stochastic %D was 69.33%. Additionally, its Average True Range was 0.91.
During the past 100 days, Magnite Inc’s (MGNI) raw stochastic average was set at 59.83%, which indicates a significant decrease from 79.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.75% in the past 14 days, which was higher than the 76.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.40, while its 200-day Moving Average is $14.34. Nevertheless, the first resistance level for the watch stands at $16.79 in the near term. At $17.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.98. If the price goes on to break the first support level at $15.60, it is likely to go to the next support level at $15.16. Assuming the price breaks the second support level, the third support level stands at $14.41.
Magnite Inc (NASDAQ: MGNI) Key Stats
The company with the Market Capitalisation of 2.26 billion has total of 141,111K Shares Outstanding. Its annual sales at the moment are 668,170 K in contrast with the sum of 22,790 K annual income. Company’s last quarter sales were recorded 155,770 K and last quarter income was -9,630 K.
