Magnite Insider Sean Buckley Sold 19,233 Shares for $365,000 Under Pre-Arranged Plan

Management
โดย Motley Fool·Read original
Summary · why it matters

Magnite President of Revenue and Market Strategy Sean Buckley sold 19,233 directly-held shares for approximately $365,000 on June 17, 2026. The transaction represented 4.90% of his direct holdings, reducing his direct stake from 392,747 to 373,514 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted in September 2025, and involved only direct common stock with no changes to indirect or derivative positions. Magnite shares have rebounded from a 52-week low of $10.82 in February, supported by a first-quarter earnings report showing revenue of $164.4 million, a 6% year-over-year increase, and a swing to net income of $4.4 million from a prior-year loss.

Impact on stocks 1

Communication Services · 1 stocks
Magnite Inc
MGNI
± MixedCapitalrelevance

Insider sale under pre-arranged plan, but company reported positive earnings and revenue growth.