The insider sales are trivial relative to market cap and likely tied to routine option exercises. No material signal for traders; monitor for any upcoming corporate events that might have prompted the sales, but the cluster itself is not actionable.
Price Chart
Executive Summary
CEO Michael Barrett and CTO David Buonasera sold shares totaling $1.65M in open-market transactions. The sales represent only ~0.06% of Magnite's $2.9B market cap, making them immaterial and likely routine liquidity or tax-related moves following option exercises. No bearish signal from this cluster.
Key Financial Metrics
Key Facts
- CEO Michael Barrett sold 75,000 shares at $19.50 on 2026-06-29, netting $1.46M
- CTO David Buonasera sold 9,376 shares at $20.00 on 2026-07-01, netting $188K
- Total insider sales of $1.65M represent 0.06% of Magnite's $2.9B market cap
- CEO also exercised 75,000 derivative shares at $5.80 (cash exercise) and 75,000 at $0 (non-cash) on the same day
Financial Impact
Total insider sales of $1.65M represent 0.06% of market cap, immaterial
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MGNI-1783033686727 |
Filters
| 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%) |
US Market Status
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