A Magnite Insider Cashed In Options as CTV Revenue Jumped 36%. Here's What to Know

Magnite CEO Michael Barrett exercised and sold 293,968 shares at $22.72 per share for $6.7 million on August 6, 2026, under a pre-scheduled trading plan adopted in March. The sale occurred following strong Q2 earnings where connected TV revenue surged 36% to $97 million and adjusted earnings rose 30%, with the company raising full-year guidance. Barrett retained over 400,000 shares worth $9.8 million, and the stock jumped nearly 20% post-earnings.