Fund Slashes Magnite Stake by $13 Million as Ad Tech Firm Posts $714 Million Revenue Year

Granahan Investment Management sold 757,249 shares of Magnite in Q4, an estimated trade value of $12.57 million based on quarterly average pricing. The report is a factual disclosure of institutional selling and is unlikely on its own to materially move the stock absent corroborating flow or fundamental news.

Analysis

Granahan Investment Management sold 757,249 shares of Magnite in Q4, an estimated trade value of $12.57 million based on quarterly average pricing. The report is a factual disclosure of institutional selling and is unlikely on its own to materially move the stock absent corroborating flow or fundamental news.