{
  "id": 1414370,
  "title": "Magnite CTO David Buonasera sells $179,477 in company stock",
  "url": "https://urgent.news/2026/08/17/magnite-cto-david-buonasera-sells-179-477-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T03:46:02.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/magnite-cto-david-buonasera-sells-179477-in-company-stock-93CH-4862101"
  },
  "original_language": "en",
  "account": "Former Magnite CTO David Buonasera divested $179,477 worth of the company's shares on August 6, 2026. The transactions occurred within the $22.72 to $25.00 per share range, aligning with a substantial 114% increase in Magnite's stock price over the past six months. Currently trading at $24.73, the company's market capitalization stands at $3.55 billion. These sales, executed under a pre-established Rule 10b5-1 trading plan adopted on September 11, 2025, comprised 4,176 shares at an average price of $22.81, 2,602 shares at $24.00, and 871 shares at $25.00 each. Following these sales, Buonasera personally holds 260,836 shares of Magnite common stock. Magnite has demonstrated profitability in the past year and is currently trading near its fair value. For further insights, readers can explore 13 additional InvestingPro Tips and detailed Pro Research Reports on Magnite and 1,400+ other US equities.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Magnite director Knopper sells $848,296 in common stock",
        "url": "https://urgent.news/2026/08/17/magnite-director-knopper-sells-848-296-in-common-stock",
        "published": "2026-08-17T04:01:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}