{
  "id": 4053995,
  "title": "Magnite Director Paul Caine Sells 7,500 Shares for $187,500",
  "url": "https://urgent.news/2026/08/28/magnite-director-paul-caine-sells-7-500-shares-for-187-500-4053995",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T22:10:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/08/28/magnite-director-paul-caine-sells-7500-shares-for-187500/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Director Paul Caine of Magnite, a key player in the programmatic advertising sector, divested 7,500 shares of the company's common stock on August 14, 2026. This sale, as detailed in an SEC Form 4 filing, amounted to a transaction value of $187,500, calculated using a weighted average sale price of $25 per share. By the market close on the same day, the stock's value had dipped slightly to $24.73, reflecting a post-transaction valuation of $186,825 for the sold shares.\n\nMagnite, boasting a substantial market capitalization of $3.4 billion and trailing twelve months (TTM) revenue of $742 million, plays a pivotal role in the digital advertising supply chain. The company's platform acts as a vital marketplace, linking publishers in need of monetizing digital content with advertisers and agencies aiming for efficient audience engagement. With a workforce of 971 employees and a robust net income of $166.9 million TTM, Magnite maintains its competitive edge in a market increasingly dominated by consolidated advertising technology firms.",
  "summary": "The insider sold 7,500 shares but still maintains nearly 150,000 shares.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Magnite Director Paul Caine Sells 7,500 Shares for $187,500",
        "url": "https://urgent.news/2026/08/28/magnite-director-paul-caine-sells-7-500-shares-for-187-500",
        "published": "2026-08-28T22:30:01.000Z"
      }
    ]
  },
  "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."
}