Magnite Inc’s Market Journey: Closing Strong at 16.59, Up 1.72

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The closing price of Magnite Inc (NASDAQ: MGNI) was $16.59 for the day, up 1.72% from the previous closing price of $16.31. In other words, the price has increased by $1.72 from its previous closing price. On the day, 2.13 million shares were traded. MGNI stock price reached its highest trading level at $16.85 during the session, while it also had its lowest trading level at $16.06.

Ratios:

Our analysis of MGNI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.53.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on May 12, 2025, Reiterated its Buy rating but revised its target price to $18 from $14 previously.

On December 05, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $17 to $20.

On December 05, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $22.Scotiabank initiated its Sector Outperform rating on December 05, 2024, with a $22 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 12 ’25 when Gephart Brian sold 6,334 shares for $16.16 per share. The transaction valued at 102,357 led to the insider holds 126,575 shares of the business.

Gephart Brian bought 6,334 shares of MGNI for $102,382 on May 12 ’25. On Mar 03 ’25, another insider, Gephart Brian, who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 6,250 shares for $16.00 each. As a result, the insider received 100,000 and left with 132,909 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGNI now has a Market Capitalization of 2341031680 and an Enterprise Value of 2527873280. As of this moment, Magnite’s Price-to-Earnings (P/E) ratio for their current fiscal year is 83.66, and their Forward P/E ratio for the next fiscal year is 15.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.47 while its Price-to-Book (P/B) ratio in mrq is 3.16. Its current Enterprise Value per Revenue stands at 3.747 whereas that against EBITDA is 22.551.

Stock Price History:

The Beta on a monthly basis for MGNI is 2.87, which has changed by 0.38365304 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, MGNI has reached a high of $21.29, while it has fallen to a 52-week low of $8.22. The 50-Day Moving Average of the stock is 35.80%, while the 200-Day Moving Average is calculated to be 15.94%.

Shares Statistics:

MGNI traded an average of 2.87M shares per day over the past three months and 2949420 shares per day over the past ten days. A total of 141.48M shares are outstanding, with a floating share count of 133.04M. Insiders hold about 5.72% of the company’s shares, while institutions hold 96.42% stake in the company. Shares short for MGNI as of 1745971200 were 16496213 with a Short Ratio of 5.75, compared to 1743379200 on 13058138. Therefore, it implies a Short% of Shares Outstanding of 16496213 and a Short% of Float of 11.8599996.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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