Magnite Inc (NASDAQ: MGNI) on Tuesday, plunged -5.41% from the previous trading day, before settling in for the closing price of $24.42. Within the past 52 weeks, MGNI’s price has moved between $8.22 and $25.27.
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The company achieved an average annual earnings per share of 24.54%. With a float of $137.41 million, this company’s outstanding shares have now reached $141.48 million.
The extent of productivity of a business whose workforce counts for 905 workers is very important to gauge. 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
Observing investor behavior towards Advertising Agencies industry stocks is more important than anything else. The insider ownership of Magnite Inc is 2.62%, while institutional ownership is 94.80%. The most recent insider transaction that took place on Jul 15 ’25, was worth 1,649,843. In this transaction CEO of this company sold 70,900 shares at a rate of $23.27, taking the stock ownership to the 285,808 shares. Before that another transaction happened on Jul 15 ’25, when Company’s Officer proposed sale 70,900 for $23.27, making the entire transaction worth $1,650,160.
Magnite Inc (MGNI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 24.54% per share during the next fiscal year.
Magnite Inc (NASDAQ: MGNI) Trading Performance Indicators
Magnite Inc (MGNI) is currently performing well based on its current performance indicators. A quick ratio of 0.98 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.83. Likewise, its price to free cash flow for the trailing twelve months is 12.69.
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)
The latest stats from [Magnite Inc, MGNI] show that its last 5-days average volume of 2.61 million was inferior to 2.69 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 64.92%.
During the past 100 days, Magnite Inc’s (MGNI) raw stochastic average was set at 87.27%, which indicates a significant increase from 23.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.91 in the past 14 days, which was higher than the 0.81 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.38, while its 200-day Moving Average is $15.77. Now, the first resistance to watch is $24.16. This is followed by the second major resistance level at $25.22. The third major resistance level sits at $25.85. If the price goes on to break the first support level at $22.47, it is likely to go to the next support level at $21.84. Assuming the price breaks the second support level, the third support level stands at $20.78.
Magnite Inc (NASDAQ: MGNI) Key Stats
Market capitalization of the company is 3.26 billion based on 141,111K outstanding shares. Right now, sales total 668,170 K and income totals 22,790 K. The company made 155,770 K in profit during its latest quarter, and -9,630 K in sales during its previous quarter.
