16.34
0.62 (3.94%)
| Previous Close | 15.72 |
| Open | 15.49 |
| Volume | 2,352,105 |
| Avg. Volume (3M) | 1,913,768 |
| Market Cap | 2,298,874,624 |
| Price / Earnings (TTM) | 125.69 |
| Price / Earnings (Forward) | 20.53 |
| Price / Sales | 3.47 |
| Price / Book | 3.18 |
| 52 Weeks Range | |
| Earnings Date | 26 Feb 2025 - 3 Mar 2025 |
| Profit Margin | 2.62% |
| Operating Margin (TTM) | 9.34% |
| Diluted EPS (TTM) | 0.130 |
| Quarterly Revenue Growth (YOY) | 7.90% |
| Total Debt/Equity (MRQ) | 85.22% |
| Current Ratio (MRQ) | 1.11 |
| Operating Cash Flow (TTM) | 209.59 M |
| Levered Free Cash Flow (TTM) | 154.89 M |
| Return on Assets (TTM) | 1.11% |
| Return on Equity (TTM) | 2.51% |
Market Trend
| Short Term | Medium Term | ||
| Industry | Advertising Agencies (US) | Bullish | Mixed |
| Advertising Agencies (Global) | Bullish | Mixed | |
| Stock | Magnite, Inc. | Bullish | Bullish |
AIStockmoo Score
| Analyst Consensus | 1.5 |
| Insider Activity | -3.5 |
| Price Volatility | -0.5 |
| Technical Moving Averages | 0.0 |
| Technical Oscillators | -0.5 |
| Average | -0.60 |
|
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer. |
|
| Sector | Communication Services |
| Industry | Advertising Agencies |
| Investment Style | Small Growth |
| % Held by Insiders | 1.83% |
| % Held by Institutions | 87.86% |
Ownership
| Name | Date | Shares Held |
|---|---|---|
| Edenbrook Capital, Llc | 30 Sep 2024 | 3,495,395 |
| Nine Ten Capital Management Llc | 30 Sep 2024 | 2,621,866 |
| 52 Weeks Range | ||
| Price Target Range | ||
| High | 22.00 (Scotiabank, 34.64%) | Buy |
| Median | 19.50 (19.34%) | |
| Low | 13.00 (Wells Fargo, -20.44%) | Hold |
| Average | 18.83 (15.24%) | |
| Total | 5 Buy, 1 Hold | |
| Avg. Price @ Call | 14.50 | |
| Firm | Date | Target Price | Call | Price @ Call |
|---|---|---|---|---|
| Needham | 05 Dec 2024 | 20.00 (22.40%) | Buy | 17.47 |
| 02 Oct 2024 | 15.00 (-8.20%) | Buy | 11.91 | |
| Scotiabank | 05 Dec 2024 | 22.00 (34.64%) | Buy | 17.47 |
| Macquarie | 08 Nov 2024 | 18.00 (10.16%) | Buy | 13.61 |
| Wells Fargo | 28 Oct 2024 | 13.00 (-20.44%) | Hold | 12.80 |
| Benchmark | 02 Oct 2024 | 21.00 (28.52%) | Buy | 11.91 |
| RBC Capital | 27 Sep 2024 | 19.00 (16.28%) | Buy | 13.72 |
| Name | Avg. Buy ($) | Avg. Sell ($) | Net Quantity | Net Value ($) |
|---|---|---|---|---|
| BUONASERA DAVID | - | 16.47 | -1,969 | -32,429 |
| DAY DAVID | - | 16.44 | -25,144 | -413,609 |
| Aggregate Net Quantity | -27,113 | |||
| Aggregate Net Value ($) | -446,038 | |||
| Aggregate Avg. Buy ($) | - | |||
| Aggregate Avg. Sell ($) | 16.45 | |||
| Name | Holder | Date | Type | Quantity | Price | Value ($) |
|---|---|---|---|---|---|---|
| DAY DAVID | Officer | 17 Dec 2024 | Automatic sell (-) | 13,500 | 16.57 | 223,695 |
| DAY DAVID | Officer | 16 Dec 2024 | Automatic sell (-) | 11,644 | 16.31 | 189,914 |
| BUONASERA DAVID | Officer | 13 Dec 2024 | Automatic sell (-) | 1,969 | 16.47 | 32,429 |
The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.
Portfolio
| Realized Profit | - |
| Unrealized Profit | - |
| Dividend Received 2024 | - |
| Total Profit | - |
| Avg. Return | - |
| Quantity (Buy) | - |
| Avg. Price (Buy) | - |
| Quantity (Sold) | - |
| Avg. Price (Sold) | - |