Magnite director Spillane sells $246,224 in shares
Robert F. Spillane, a Magnite director, recently disposed of 10,363 shares of the company's common stock on September 14, 2026. The trade generated roughly $246,224, with sales occurring at a weighted average price of $23.76. The share price has since risen to $29.29, nearing its 52-week high. Despite this, InvestingPro analysis suggests Magnite is overvalued relative to its Fair Value, though the company scored perfectly on the Piotroski Scale, signaling robust financial health.
Before selling, Spillane acquired the same number of shares via stock options, which he exercised at $5.17 per share. After these transactions, he holds 57,715 shares directly.
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