A Magnite Director Sells Nearly 50,000 Shares Worth $1.2 Million Amid a Rising Stock Price
Key PointsThe transaction involved 48,986 shares with an estimated value of ~$1.2 million based on weighted-average pricing.
Sarah Patricia Harden, a director at Magnite, sold 48,986 shares of common stock on August 26 and 28, 2026, according to an SEC Form 4 filing. The transaction value was approximately $1.2 million, based on a weighted average sale price of $23.57.
The sales occurred as Magnite's stock price was rising. The company's trailing 12-month revenue was $742 million and net income was $166.9 million, as per the Motley Fool report.
There was also a separate share sale reported by Investing.com, involving Benjamin G. Wolff, a director at Globalstar, Inc., who sold 19,998 shares for a total of $1,639,436 on August 27, 2026.
Brief written by urgent.news from Motley Fool, Investing.com — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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