Magnite, Inc. CFO Sells 11,644 Shares
MGNI Stock | USD 16.62 0.54 3.15% |
Under 67% of Magnite's investor base is looking to short. The current sentiment regarding investing in Magnite stock implies that many traders are alarmed. Magnite's investing sentiment shows overall attitude of investors towards Magnite.
Magnite |
Magnite, Inc. CFO David Day sold 11,644 shares of Magnite stock in a transaction on Monday, December 16th. The shares were sold at an average price of 16.44, for a total transaction of 191,427.36. Following the completion of the transaction, the chief financial officer now owns 400,859 shares in the
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Magnite Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Magnite can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Magnite Maximum Pain Price Across January 17th 2025 Option Contracts
Magnite's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Magnite close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Magnite's options.
Magnite Fundamental Analysis
We analyze Magnite's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magnite using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magnite based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Magnite is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Magnite Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Magnite stock to make a market-neutral strategy. Peer analysis of Magnite could also be used in its relative valuation, which is a method of valuing Magnite by comparing valuation metrics with similar companies.
Peers
Magnite Related Equities
EVC | Entravision Communications | 9.05 | ||||
CTV | Innovid Corp | 0.66 | ||||
DLX | Deluxe | 1.02 | ||||
IPG | Interpublic Group | 1.04 | ||||
CCO | Clear Channel | 2.04 | ||||
CMPR | Cimpress | 2.13 | ||||
ZD | Ziff Davis | 2.57 | ||||
STGW | Stagwell | 3.59 | ||||
CRTO | Criteo Sa | 3.95 |
Complementary Tools for Magnite Stock analysis
When running Magnite's price analysis, check to measure Magnite's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnite is operating at the current time. Most of Magnite's value examination focuses on studying past and present price action to predict the probability of Magnite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnite's price. Additionally, you may evaluate how the addition of Magnite to your portfolios can decrease your overall portfolio volatility.
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