Magnite insider sells options after 36% jump in CTV revenue
Barrett disposed of Magnite shares via an options sale with a weighted average price of $22.72, leaving a direct stake of 403,074 shares worth $9.8 million at the Aug. 6 close. The trade occurred under a 10b5-1 plan. Magnite’s connected TV revenue rose 36% to $97 million, now driving over half of contribution, with adjusted earnings up 30%.