Day David

MGNI CFO Day David sold 71,000 shares ($1,452,450) in 2 tranches; stock up 30.2% in 30 days, 80.8% in 90 days.

Day David, CFO of Magnite Inc. (MGNI), executed 2 separate sales totaling 71,000 shares (71.0K shares) for $1,452,450.00 on June 24 and June 26, 2025, reducing his holdings by 13.8% to 443,528 shares. The sales occurred at a blended average price of $20.46, compared to the current price of $20.97. Notably, MGNI stock has surged +30.2% in the 30 days post-transaction and +80.8% in the 90 days post-transaction, placing the current price at -0.9% from its 52-week high of $21.17. Across his cross-ticker track record, David's prior 3 sells carried an average 90-day return of -28.9% with a 90-day well-timed rate of 100.00%, indicating strong historical timing execution; however, at MGNI specifically, his prior 2 measurable sales (February 2025) showed 90-day negative returns of -25.6% and -32.3%, a 100% well-timed rate at the ticker. This current filing's post-transaction stock appreciation—contrary to his historical sell-timing pattern—suggests the sales have not aligned with the subsequent price momentum, though the transaction's proximity to MGNI's latest quarter (which reported $155.8M revenue, a -$9.6M net loss, and a 95.32 P/E ratio) provides fundamental context worth monitoring.

CFO Day David sold 38,146 shares of MGNI at $18.95; prior MGNI sales show 100% well-timed pattern at 90-day mark.

Day David, CFO of Magnite, sold 38,146 shares at $18.95, reducing his holdings by 7.9% to 443,528 shares. His prior two sales at MGNI (February 2025) were both well-timed at the 90-day mark, with negative 90-day returns of -34.5% and -32.3%, suggesting the insider has demonstrated an ability to exit ahead of subsequent declines at this ticker. The company's fundamentals show quarterly net income of $-9,634,000.00 against revenue of $155,771,000.00, and the stock trades at a high P/E of 85.09 despite +40.8% 90-day appreciation from prior lows. This sale occurs after a significant rally (+20.7% 30-day, +40.8% 90-day) and follows an established pattern of CFO selling before deterioration at this specific company.

CFO David Day sells 52,245 shares at blended $19.58, reducing stake 9.7%; stock now at 52-week high

CFO David Day executed 2 separate sales totaling 52,245 shares for $1,023,045.75, completed over two consecutive trading days (2025-02-06 and 2025-02-07) at blended average price $19.58. The stock is currently trading at $21.17, at its 52-week high of $21.17, and has appreciated 28.6% over the past 30 days and 55.6% over the past 90 days. Post-transaction holdings of 488,506 shares represent a 9.7% reduction from pre-transaction levels. The company's fundamentals show unprofitability over its most recent full fiscal year, an elevated P/E of 176.42, and recent quarterly revenue of $162,003,000.00 with net income of $5,214,000.00. The sale occurred below the current market price, and coincides with the stock at its 52-week peak after sustained upward momentum.