Investors’ Patience Is Being Tested Right Now By Magnite Inc (NASDAQ: MGNI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Magnite Inc is listed on the NASDAQ as a member of the Communication Services sector and is a part of the Advertising Agencies industry. The current market capitalization of Magnite Inc is $2.11B. A total of 6.61 million shares were traded on the day, compared to an average of 2.84M shares.

In the most recent transaction, Gephart Brian sold 6,250 shares of MGNI for 16.00 per share on Mar 03 ’25. After the transaction, the CHIEF ACCOUNTING OFFICER now owns 132,909 company shares. In a previous transaction on Mar 03 ’25, Soroca Adam Lee sold 15,499 shares at 15.75 per share. MGNI shares that CHIEF PRODUCT OFFICER owns now total 458,386.

Among the insiders who bought shares, Gephart Brian acquired of 6,250 shares on Mar 03 ’25 at a per-share price of $16.00. In another insider transaction, ADAM SOROCA bought 15,499 shares at $15.75 per share on Mar 03 ’25.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, MGNI has a high of $21.29 and a low of $8.22.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MGNI’s latest balance sheet shows that the firm has $230.40M in Cash & Short Term Investments as of fiscal 2021. There were $809.25M in debt and $1.03B in liabilities at the time. Its Book Value Per Share was $5.24, while its Total Shareholder’s Equity was $880.76M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MGNI is Buy with a score of 4.71.

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