8-K ·Filed Apr 20, 2026
8-K context-dependent: Items 5.02, 7.01
Actionable Insight • Neutral
Monitor the CFO search process and any interim financial updates, as leadership transitions can create execution risk despite current guidance stability.
Final — all horizons settled through T+60d ⚠ clustered
MGNI ▲ +52.22% at T+60d
NEUTRAL call ✓ call won +52.22% · α vs SPY +45.32% · entry $13.08 → $19.91
T+1d
+2.37%
call +2.37% · α +1.35%
$13.39
settled 6mo ago
T+5d
-0.84%
call -0.84% · α -1.92%
$12.97
settled 5mo ago
T+20d
+2.37%
call +2.37% · α -2.54%
$13.39
settled 5mo ago
T+60d
+52.22%
call +52.22% · α +45.32%
$19.91
settled 3mo ago
Price Chart
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Executive Summary
Magnite announced the retirement of CFO David Day, who will transition to a non-executive advisor role after September 30, 2026. The company reaffirmed its prior financial guidance for Q1 and full-year 2026, signaling stability during the leadership transition.
Key Facts
- CFO David Day to retire as CFO on September 30, 2026, remaining as non-executive advisor through May 31, 2027
- Board initiated comprehensive search for new CFO with both internal and external candidates
- Company reaffirmed financial expectations for Q1 and full-year 2026 as previously disclosed on February 25, 2026
- David Day played key role in Magnite's transformation, including the 2020 merger and subsequent acquisitions
Financial Impact
No immediate financial impact; company reaffirmed existing financial guidance for 2026
revenueepsguidance
Risk Factors
- Execution risk during CFO transition period
- Potential for guidance revision if business conditions change before new CFO is in place
Market Snapshot
Exchange
Nasdaq
Sector
Services-Computer Programming, Data Processing, Etc.
Investment Themes
Software & IT
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001595974-26-000016 |
| Exhibit: exhibit991-executiveretire.htm | 0001595974-26-000016 |
| Document: 0001595974-26-000016-index-headers.html | 0001595974-26-000016 |
| Document: 0001595974-26-000016-index.html | 0001595974-26-000016 |
| Document: 0001595974-26-000016.txt | 0001595974-26-000016 |
33 reports for MGNI
91% Hit rate best @ T+60▲ +66.78%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 22d ago | Insider Cluster | $23.77 $23.84 | ▲ +0.29% | ▲ +0.74% | $25.44 (+7.03%) |
Sep 10, 2026 22d ago | Press Release | $23.55 $23.77 | ▲ +0.93% | ▲ +0.08% | $25.44 (+8.03%) |
Sep 10, 2026 23d ago | Insider Cluster | $23.55 $23.77 | ▲ +0.93% | ▲ +0.08% | $25.44 (+8.03%) |
Sep 3, 2026 4w ago | Insider Cluster | $24.63 $24.14 | ▼ −1.99% | ▼ −1.60% | $25.44 (+3.29%) |
Aug 12, 2026 7w ago | Insider Cluster | $24.34 $24.58 | ▲ +0.99% | ▲ +0.29% | $25.44 (+4.52%) |
Aug 12, 2026 7w ago | Insider Cluster | $24.34 $24.58 | ▼ −0.99% | ▼ −0.29% | $25.44 (−4.52%) |
Aug 12, 2026 7w ago | Insider Cluster | $24.34 $24.58 | ▼ −0.99% | ▼ −0.29% | $25.44 (−4.52%) |
Aug 10, 2026 7w ago | 144 | $24.30 $24.34 | ▲ +0.16% | ▼ −0.09% | $25.44 (+4.69%) |
Aug 7, 2026 8w ago | Insider Cluster | $24.21 $24.30 | ▼ −0.37% | ▼ −0.69% | $25.44 (−5.08%) |
Aug 7, 2026 8w ago | Insider Cluster | $24.21 $24.30 | ▲ +0.37% | ▲ +0.69% | $25.44 (+5.08%) |
Showing 10 of 33
US Market Status
Market Closed — Opens Mon (36h 10m)
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