See all stocks on the move » Comments (3) 1 week ago - Zacks Investment Research Magnite Invests In New Data Center … Is (MGNI) Outperforming Other Computer and Technology Stocks This Year? It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company's advertising platform enables publishers to monetize various screens and formats, including CTV, desktop display, video, audio, and mobile, as well as allows agencies and brands to access brand-safe ad inventory and execute advertising transactions. Magnite's (MGNI) Q4 performance reflects solid top-line growth on strength across the CTV business driven by higher cord cutting and growing momentum of ad-supported programmatic CTV. Though this ratio indicates the stock is overpriced, the truth is, stocks are currently priced several years into the future. Magnite Inc (NASDAQ: MGNI) priced and syndicated a 7-year $360 million senior secured term loan B and a 5-year $52.5 million senior secured revolving credit facility. Klicken Sie hier, um weitere Informationen zu unseren Partnern zu erhalten. But for it to keep climbing, it will have to successfully integrate a significant … Magnite Inc 39.76 0.54 (1.34%) Magnite Inc NASDAQ Updated Apr 7, 2021 3:33 PM. The ad tech company soared on a key acquisition. Shares of Magnite jumped 26.4% and closed at $54.95 on Friday. Magnite Inc.’s Net Margin is presently recorded at -16.29. The advertising platform also reported preliminary Q4 2020 results with a nearly 20% advance in revenue. The one-year Magnite Inc. stock forecast points to a potential downside of -47.37. Magnite (MGNI) has announced that it is acquiring SpotX as it prepares to beef up its CTV services and MGNI stock is soaring on the news. About Magnite Inc Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. The stock was sold at an average price of $39.74, for a total transaction of $415,441.96. Magnite (MGNI) stock price, charts, trades & the US's most popular discussion forums. Magnite Stock Is Trading Lower On Raising $412.5M Debt To Finance SpotX Acquisition - Yahoo Finance finance.yahoo.com - April 6 at 12:40 AM: Magnite (NASDAQ:MGNI) Research Coverage Started at Evercore ISI americanbankingnews.com - April 5 at 8:54 PM: Magnite Stock Is Trading Lower On Raising $412.5M Debt To Finance SpotX Acquisition - Benzinga In February 2017, the company released its president and several other top executives. Is Magnite Stock The Best Ad-Tech Stock To Buy Now? Magnite news and MGNI price. Following the completion of the transaction, the chief operating officer now directly owns 391,898 shares in the […] The company is doubling down on internet-based video and could be the best way to play the streaming TV frenzy. Truist Securities downgrades the advertising tech specialist to hold. Magnite Inc (NASDAQ: MGNI) is acquiring global video ad serving platform SpotX from RTL Group for a $1.17 billion purchase price to become a powerful CTV and video advertising platform. DOW 0.03%. To see how Magnite, Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: MGNI stock’s performance was -5.58% in the latest trading, and +759.79% in the past year, while Paypal Holdings (PYPL) has traded +1.41% on the day and positioned +168.41% higher than it was a year ago. Return on Equity for this stock declined to -22.16, with Return on Assets sitting at -6.75. The fund owned 1,274,166 shares of the company’s stock after selling 11,080 shares during the quarter. Magnite Announces Closing of $400 Million of Convertible Notes: 03/15/21: Magnite Announces Pricing of $350 Million Convertible Notes Offering: 03/15/21: Magnite Announces $350 Million Convertible Notes Offering: 03/03/21: Magnite Research Finds 63% of TV Viewers in the EU5 Watch Ad-Supported Streaming: 02/24/21: Magnite Reports Fourth Quarter 2020 Results: 02/05/21 View real-time stock prices and stock quotes for a full financial overview. These companies offer plenty of growth potential -- and less risk of going bust. Programmatic advertising stocks were slammed in the wake of Google's announcement, but don't be fooled. The ad-tech company's stock has soared, but is it still a worthy investment? … Magnite, Inc. (NASDAQ:MGNI) CFO David Day sold 10,454 shares of Magnite stock in a transaction dated Thursday, March 25th. Magnite, Inc. (NASDAQ:MGNI) COO Katie Seitz Evans sold 27,896 shares of Magnite stock in a transaction that occurred on Monday, April 5th. Ad tech player Magnite is acquiring SpotX, a platform for connected TV and video advertising, for $1.17 billion in cash and stock, the companies announced Friday. Following the completion of the sale, the chief financial officer now owns 287,789 shares of the company’s stock, valued at approximately $11,436,734.86. Another comparable company Square (SQ) saw its stock close 0.19% … Shares of the ad tech company gained on an acquisition and as it announced preliminary earnings numbers. Magnite stock was … Ad tech company Magnite is acquiring SpotX, a platform for connected TV and video advertising, for $1.17 billion in cash and stock. Northern Trust Corp lessened its stake in Magnite, Inc. (NASDAQ:MGNI) by 0.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. If MGNI falls to this level, it will have declined more than 23%. Durch Klicken auf "Alle akzeptieren" stimmen Sie zu, dass Verizon Media und unsere Partner Informationen durch die Nutzung von Cookies und ähnlichen Technologien auf Ihrem Gerät speichern und/oder darauf zugreifen und Ihre personenbezogenen Daten verarbeiten, um personalisierte Werbung und Inhalte anzuzeigen, für die Messungen von Werbung und Inhalten, für Informationen zu Zielgruppen und zur Produktentwicklung. View the latest Magnite Inc. (MGNI) stock price, news, historical charts, analyst ratings and financial information from WSJ. MGNI 39.76 0.54 (1.34%) Post-Market 0.00 (0.00%) 10,829. Magnite's 2020 acquisition of Telaria adds connected TV to its sell-side platform for buying and... Magnite (MGNI) shares moved sharply higher after Craig-Hallum reiterated its Buy rating and nearly doubled its price target to $45. Initial purchas... LOS ANGELES--(BUSINESS WIRE)--Magnite Convert Offering PR. This fact does not justify MGNI’s lofty P/E ratio, yet investors should not buy or sell a stock strictly based on the P/E ratio alone. These 7 risky stocks have solid fundamentals for long term growth. Sie können 'Einstellungen verwalten' auswählen, um weitere Informationen zu erhalten und Ihre Auswahl zu verwalten. The study of 10,500 consumer... A new dynamic trio is emerging as the dominant players in video advertising, and it includes Magnite. Connected TV represents a huge opportunity for targeted digital advertising that is just getting started. NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising platform, today launched the open beta of Unified Decisioning, a solution that empo... Magnite (MGNI) closed at $37.12 in the latest trading session, marking a +0.19% move from the prior day. NASDAQ 0.38%. It seems shareholders are taking some profits off the table after an incredible year, but there are still reasons to be optimistic about the company's future. The post Get Connected to the Smart TV Revolution With Magnite Stock... Big tech is under pressure. Sie können Ihre Auswahl jederzeit ändern, indem Sie Ihre Datenschutzeinstellungen aufrufen. TV commercials are cratering in value, despite the billions spent per year on a product everyone fast-forwards through. Is Magnite Stock The Best Ad-Tech Stock To Buy Now?Ad-tech stocks have been one of Wall Street’s favorites in 2020. Tech is the future, and some growing names are on sale. Daten über Ihr Gerät und Ihre Internetverbindung, darunter Ihre IP-Adresse, Such- und Browsingaktivität bei Ihrer Nutzung der Websites und Apps von Verizon Media. According to 5 analysts, the average rating for Magnite stock is "Strong Buy." Whether or not you are interested in a company like Magnite all comes down to who you are as an investor. If we narrow it down even further, the data shows that none out of 6 analysts rate the stock as a Sell; another but none rate it as Overweight. Nevertheless, using its skyrocketing stock as … This is a stock with boatloads of potential, however, it still needs to prove it can execute. New York, New York--(Newsfile Corp. - January 21, 2021) - Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Magnit... LOS ANGELES--(BUSINESS WIRE)--Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the quarter ended December 31, 2020 after the market... Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company was formerly known as The Rubicon Project, Inc.... [Read more...]. Magnite, Inc. (NASDAQ:MGNI) shares, dropped in value on Thursday, Apr 08, with the stock price down by -0.5% to the previous day’s close as weak demand from buyers trailed the stock to $39.56. The stock was sold at … Magnite (Nasdaq: MGNI) today announced the pricing of $350 million aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"), and to non-U.S. persons in offshore transactions in reliance on Regulation S under the Act. S&P 500 0.20%. The Advertising industry is in a crisis. NEW YORK--(BUSINESS WIRE)--Magnite (NASDAQ: MGNI), the world's largest independent omnichannel sell-side advertising platform, released its “CTV: The Future Forward” report. Both companies have been on fire over the past year, but does one present a more compelling opportunity? MAGNITE, INC. : Financial news and information Stock MAGNITE, INC. | Nasdaq: MGNI | Nasdaq Click here now. MGNI stock roared ahead last year, but a pullback in the price offers a chance to own a piece of a company with outstanding revenues. Independent sell-side advertising platform Magnite Inc (NASDAQ: MGNI) announced its intention to offer $350 million convertible senior notes due 2026 in a private institutional offering. LOS ANGELES--(BUSINESS WIRE)--Magnite Reports Fourth Quarter 2020 Results. Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced that it has entered into a definitive agreement to acquire SpotX from RTL Group for $1.17 billion in cash and stock. Analysts view MGNI as overvalued, with an average price target of $20.76 for the stock. These growth stocks offer attractive alternatives. Free real-time prices, trades, and chat. Weitere Informationen darüber, wie wir Ihre Daten nutzen, finden Sie in unserer Datenschutzerklärung und unserer Cookie-Richtlinie. In the latest trading session, Magnite (MGNI) closed at $40.91, marking a +0.49% move from the previous day. Magnite, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.9. SpotX is one of the leading platforms shaping CTV and video advertising globally. In 2020, Magnite's revenue was $221.63 million, an increase of 41.69% compared to the previous year's $156.41 million. Cord-Cutting Will Continue To Drive Magnite's Stock Higher In 2021 April 4, 2021 Seeking Alpha Magnite closes offering of $400M in convertible debt March 19, 2021 Seeking Alpha MGNI Magnite Inc — Stock Price and Discussion | Stocktwits. Magnite acquires SpotX for $1.17B in cash and stock, guides Q4 revenue above consensus SA NewsFri, Feb. 05 126 Comments GameStop takes ETFs along for its wild ride SA NewsMon, Jan. 25 41 Comments Amid fears of an economic recession and the volatility of the stock …