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EdgarHawk

Michael G. Barrett

CEO

Director Officer

Latest: CEO selling · June 2026

9 filings analyzed · 1 company · Latest 2026-06-17

Companies

Company Buys Sells Direction
MAGNITE, INC. MGNI 0 15 Net selling

Activity

June 2026
2026-06-17 MAGNITE, INC. MGNI
medium
Sell
278,596 shares
$4,712,908
Significance 5/10

CEO Michael G. Barrett sells 278,596 shares ($4.7M) at $16.92 avg; retains 403,074 shares plus 915,128 options.

Michael G. Barrett executed 2 separate sales totaling 278,596 shares for $4,712,907.64 on 2026-06-15 and 2026-06-16, reducing his non-derivative holdings by -40.9%. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-13, meaning the sales were scheduled rather than discretionary. Barrett retains 403,074 non-derivative shares and holds 915,128 shares through derivative securities (two separate employee stock option grants), so his overall economic exposure to MGNI remains substantial. At the current price of $18.24, the stock has appreciated 36.2% in the 30-day window and 46.0% in the 90-day window following these scheduled transactions. His prior trades at MGNI have shown variable outcomes, with three of five prior sales followed by 30-day gains (14.7%, 28.8%, 35.4%) and most followed by 90-day gains, though two sales were followed by declines (-40.7%, -24.8%). The company reports recent quarterly revenue of $164,371,000.00, net income of $4,412,000.00, and a P/E of 16.43, reflecting profitable operations at a valuation below the 52-week high of $26.65.

August 2025
2025-08-20 MAGNITE, INC. MGNI
high
Sell
35,951 shares
$857,431
Significance 6/10

MGNI CEO sold 35,951 shares at $23.85 for $857.4K; stock now $21.84, -11.5% from 52-week high. Prior timing mixed.

Michael G. Barrett, CEO of Magnite, sold 35,951 shares at $23.85 on 2025-08-18, reducing his post-transaction holdings to 249.9K shares (-12.6% of prior position). At the current price of $21.84, the stock has fallen 10.6% in 30 days and is trading -11.5% below its 52-week high of $24.67. Examining his same-ticker history at MGNI, four of five prior measurable 30-day outcomes following his sells were positive (ranging +1.4% to +35.4%), but his only completed 90-day outcome (the 2024-12-04 sale) resulted in a -16.4% decline—one of one well-timed at the 90-day mark. His cross-ticker track record shows 13 prior sells with an average 30-day return of +10.7% and 90-day return of +5.1%, with a well-timed rate of 44.44%, indicating his sells have historically preceded declines less than half the time. The current 30-day deterioration in MGNI aligns with his recent pattern at this ticker, but the stock's elevated valuation (P/E of 72.80) and modest annual revenue growth of +7.8% provide context for elevated exit activity.

July 2025
2025-07-17 MAGNITE, INC. MGNI
medium
Sell
70,900 shares
$1,649,843
Significance 5/10

CEO Michael G. Barrett sells 70,900 MGNI shares at $23.27; holdings fall to 285,808 shares (-19.9%)

CEO Michael G. Barrett sold 70,900 shares of MAGNITE at $23.27 on 2025-07-15, reducing his holdings by 19.9% to 285,808 shares post-transaction. The sale occurred against a backdrop of strong recent stock momentum—MGNI has risen 33.1% in the past 30 days and 118.1% over 90 days, trading just 1.6% below its 52-week high of $24.67. However, the company faces fundamental headwinds: net income is negative at $-9.6M on revenue of $155.8M, and the stock carries a P/E ratio of 110.32, indicating significant valuation premium. Barrett's cross-ticker trading history shows a mixed pattern (44.44% well-timed sell rate across all holdings), while his five prior trades at MGNI show only 1 of 2 measurable 90-day outcomes was well-timed (sell on 2024-12-04 generated a -16.4% return, correctly anticipating a decline). The concentration of sales activity in June 2025 (three sales in nine days: June 16, 18, and 24) followed by this July transaction, combined with substantial position reduction, warrants monitoring for what may indicate shifting views on valuation or execution.

June 2025
2025-06-26 MAGNITE, INC. MGNI
high
Sell
300,000 shares
$6,003,000
Significance 6/10

CEO BARRETT MICHAEL G. sold 300,000 shares of MGNI at $20.01; holds 356,708 shares post-sale (-45.7%)

CEO Barrett Michael G. executed a substantial sale of 300,000 shares (45.7% of his pre-transaction holdings) at $20.01, reducing his stake to 356,708 shares. This represents a significant reduction in his equity position at a price near the 52-week high of $21.17, at a time when the stock has already appreciated 30.2% over 30 days and 80.8% over 90 days. His cross-ticker track record shows a 90-day well-timed sell rate of 44.44%, but at MGNI specifically, only 1 of 3 prior measurable sales (33.3%) were well-timed at the 90-day mark, with 2 prior sales occurring just 6 and 8 days before this transaction on 2025-06-18 and 2025-06-16. Investors should note the compressed timing of these three consecutive sales in a 10-day window and the fundamentals backdrop: the company is unprofitable (net income of $-9,634,000 in the latest quarter), carries a high P/E of 95.32, and has modest annual revenue growth of 7.8%, warranting assessment of whether the recent 80.8% gain has created a valuation inflection point.

2025-06-18 MAGNITE, INC. MGNI
high
Sell
75,000 shares
$1,369,200
Significance 6/10

CEO Barrett Michael G. sells 75,000 MGNI shares across 2 trades for $1,369,200 at $17.76–$19.00; holds 656.7K post-sale

CEO Michael Barrett executed 2 separate sales totaling 75,000 shares for $1,369,200.00 on 2025-06-16 and 2025-06-18, reducing his holdings by 10.2% to 656,708 shares. The sales occurred at $17.76 and $19.00 respectively, well below the 52-week high of $21.17 and only modestly above the current price of $18.82, despite the stock being up 40.3% over 90 days. Across his same-ticker history at MGNI, Barrett's 5 prior sells show mixed timing: 2 of 5 achieved negative 90-day returns (well-timed), while 3 generated positive returns (poorly timed). The current sale's execution—across two separate price points within two days—occurred during a strong 30-day rally (+22.8%), distinguishing it from the pattern of opportunistic selling during momentum that characterized his cross-ticker track record (44.44% well-timed rate). Company fundamentals show $155,771,000.00 in latest quarterly revenue with a $-9,634,000.00 net loss and elevated 85.55 P/E ratio, providing backdrop for insider monetization activity.

December 2024
2024-12-06 MAGNITE, INC. MGNI
high
Sell
147,996 shares
$2,592,890
Significance 6/10

CEO Michael G. Barrett sold 147,996 shares of MGNI at $17.52; current price $18.00 at 52-week high, while P/E trades at 150.00.

CEO Michael G. Barrett sold 147,996 (148.0K shares) at $17.52 on 2024-12-04, reducing his holdings by -18.9% from 782.9K to 634.9K shares. The sale occurred near the company's 52-week high of $18.00, and the stock has appreciated +36.4% over 30 days and +37.2% over 90 days. However, his prior trades at MGNI show mixed timing outcomes—only 1 of 4 prior measurable sells resulted in negative 90-day returns (well-timed), while others saw the stock rise after the sale, including a +33.0% gain 90 days after his 2024-08-15 sale. The company's fundamentals present a valuation concern: it trades at a P/E of 150.00 on annual revenue growth of +7.4%, yet was unprofitable over its most recent full fiscal year, raising questions about the sustainability of the elevated valuation at which the sale occurred.

November 2024
2024-11-19 MAGNITE, INC. MGNI
high
Sell
100,000 shares
$1,614,000
Significance 6/10

CEO Barrett sells 100,000 MGNI shares at $16.14; stock up 32.6% in 30 days, P/E at 135.50.

CEO Michael G. Barrett sold 100,000 shares (100.0K shares) of MAGNITE, INC. (MGNI) at $16.14 on 2024-11-15, reducing his holdings from 909,914 shares to 809,914 shares (-11.0% of pre-transaction holdings). The sale occurs after a sharp 30-day rally of +32.6% and represents a reduction in his stake following a significant recovery from the 52-week low of $7.64. At the transaction price of $16.14, the stock was -3.2% from its 52-week high of $16.80. His cross-ticker track record shows a 42.86% well-timed rate on prior sells with an average 90-day post-sell return of 6.0%, while his prior five MGNI-specific trades show only 1 of 5 well-timed at the 90-day mark—a pattern reflecting mixed timing accuracy at this ticker. The company trades at an elevated P/E of 135.50 despite full-year net income being negative, though the latest quarter showed a net income of $5,214,000.00, signaling recent operational improvement within a structurally challenged valuation profile.

August 2024
2024-08-16 MAGNITE, INC. MGNI
medium
Sell
75,000 shares
$947,250
Significance 5/10

MGNI CEO sold 75,000 shares at $12.63; stock down 20.8% from 52-week high, company unprofitable

Michael Barrett, as CEO, sold 75,000 shares (75.0K shares) of MAGNITE, INC. (MGNI) at $12.63 on 2024-08-15, leaving him with 944,552 shares (944.6K shares). The sale occurs in a weakened context: the stock is -20.8% from its 52-week high and down 15.2% over the preceding 30 days, and MAGNITE reported a net loss of $-1.1M on revenue of $162.9M in its latest quarter. Examining his recent trading pattern at MGNI specifically, Barrett sold on 2024-07-15 (which subsequently declined 16.5% over 30 days), then earlier sales show mixed timing outcomes at the 90-day horizon (1 of 4 prior MGNI sells were well-timed). His cross-ticker track record shows a 40.00% well-timed rate across six prior sales, indicating modest predictive timing ability. The transaction occurred during a period of stock weakness and persistent company losses, but without scheduling information or additional context, the motivation remains ambiguous.

July 2024
2024-07-17 MAGNITE, INC. MGNI
high
Sell
100,000 shares
$1,500,000
Significance 6/10

CEO Michael Barrett sells 100,000 MGNI shares at $15.00 (1.5M); stock -6.6% from 52-week high, company unprofitable.

Michael G. Barrett, CEO of Magnite, sold 100,000 shares at $15.00 on 2024-07-15, reducing his holdings by 8.7% to 1,052,493 shares. The sale occurred near the 52-week high ($15.84), with the stock currently at $14.79 (-6.6% from peak). Magnite reported a net loss of $-17,757,000 in its latest quarter on revenue of $149,319,000, with the company unprofitable over its most recent full fiscal year. Among his prior 5 MGNI sales, Barrett's 90-day timing success was mixed: 2 of 4 measurable outcomes were well-timed (stock fell after the sale), while 2 were poorly timed. This sale's significance is elevated by the timing proximity to the 52-week high and the company's persistent unprofitability, though the lack of measurable post-transaction outcomes prevents definitive assessment of pattern continuation.

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