Magnite bought back $28 million of its own stock in the quarter, even as several insiders sold shares into strength following a strong earnings report. One insider, Sean Patrick Buckley, sold 67,179 shares for $1.6 million under a Rule 10b5-1 trading plan established in September 2025, retaining 315,805 shares and 57,405 derivative securities. The company reported trailing twelve-month revenue of $742.0 million and net income of $166.9 million, with connected TV contribution ex-TAC growing 36% to $97 million and now representing more than half of total contribution. Magnite also raised its full-year outlook and posted a record adjusted EBITDA margin, up 30%.
Magnite IncCompany repurchased $28 million in stock and raised full-year outlook with record EBITDA margin.
