Bank of America Corp DE Boosts Stake in Magnite, Inc. $MGNI
Market Beat·
- Bank of America Corp DE increased its stake in Magnite, Inc. by 72.6% in the first quarter, owning 1,125,196 shares valued at $13,367,000.
- Several institutional investors and hedge funds modified their holdings in the company, while insiders sold 935,251 shares worth $19,046,675 in the last quarter.
- Magnite reported $0.26 EPS and $192.82 million in revenue for the quarter, while analysts maintained a consensus rating of "Moderate Buy" with a target price of $28.30.
