Soroca Adam Lee

CPO Adam Lee sells 24,986 shares across 2 transactions at $24.22–$24.97; stock up 11.1% in 30 days, near 52-week high.

Adam Lee, Chief Product Officer at Magnite, executed 2 separate sales totaling 24,986 shares for $616,948.67, reducing his holdings from 371.4K to 346.4K shares (-6.7%). The sales occurred at a blended average price of $24.69, within the current market price of $24.85 and near the 52-week high of $26.52. The stock has appreciated 11.1% over 30 days and 41.2% over 90 days, reflecting strong recent momentum in the broader market context. His prior sales at this ticker (June 24 and July 3, 2025) show mixed outcomes: one preceded a subsequent 30-day gain of 14.8%, while the other was followed by a 30-day decline of 11.2%. With a high P/E of 82.83 and modest revenue growth of 7.8% year-over-year, the timing and magnitude of this sale warrant attention to whether it reflects portfolio rebalancing or shifts in near-term sentiment at elevated valuation levels.

MGNI CPO Soroca sells 42,584 shares at $25.00 for $1.1M; holds 366,672 post-transaction.

Soroca Adam Lee, Chief Product Officer of MAGNITE, sold 42,584 shares (42.6K shares) at $25.00 on 2025-07-03 for $1,064,600.00, reducing his holdings by 10.4% from 409,256 to 366,672 shares. The sale occurred near the company's 52-week high of $24.67, and at a $1.50 premium to the current price of $23.53. The insider's cross-ticker sell history consists of only 1 prior transaction, providing limited historical context; at this specific ticker, he has 1 prior measurable trade (a sell on 2025-06-24). Magnite faces mixed fundamentals: revenue of $155,771,000.00 with positive annual growth of +7.8%, but negative net income of $-9,634,000.00 and an elevated P/E of 106.95, signaling the market prices the stock on growth expectations rather than current profitability.

MGNI CPO Soroca sells 44.5K shares at $20.00; stock now at $20.97, near 52-week high of $21.17

Soroca Adam Lee, Chief Product Officer of Magnite, sold 44,519 shares at $20.00 on 2025-06-24, reducing his holdings from 445,446 shares to 400,927 shares (a 10.0% reduction). The sale occurred at a price below the current market level of $20.97 and near the 52-week high of $21.17, in a period when the stock has appreciated 30.2% over 30 days and 80.8% over 90 days. Magnite remains unprofitable (net income of $-9.6M on revenue of $155.8M for the latest quarter), carries a high valuation multiple (P/E 95.32), and the transaction timing relative to strong recent price momentum creates a mixed signal. Investors should note the asymmetry between the sharp recent gains and the company's continued operating losses.