SCHEDULE: FMR LLC Reports 5.4% Stake in Magnite Inc.

FMR LLC and Abigail P. Johnson have reported beneficial ownership of 5.4% of Magnite Inc.'s common stock as of June 30, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of Magnite Inc. common stock.
• As of June 30, 2026, the aggregate amount beneficially owned is 7,759,425.80 shares, representing 5.4% of the class.
• FMR LLC, organized in Delaware, is classified as an investment adviser (IA).
• Abigail P. Johnson, a U.S. citizen, is also listed as an investment adviser (IN).
• The filing indicates sole voting power and sole dispositive power for these shares.
• FMR LLC and its subsidiaries, along with other entities, are collectively referred to as the 'FMR Reporters'.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting on beneficial ownership changes rather than company performance or strategic shifts.

Positives

• FMR LLC and Abigail P. Johnson have a significant beneficial ownership stake in Magnite Inc., indicating confidence from a major financial institution.
• The reporting is current as of June 30, 2026, providing up-to-date information on ownership.

Negatives

• The filing does not provide any financial performance data or strategic updates for Magnite Inc., limiting insight into the company's operational health.

Risks

• The filing does not explicitly mention any risks associated with Magnite Inc. or the reporting persons' holdings.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Magnite Inc.'s future performance.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC and Abigail P. Johnson is a standard disclosure for significant beneficial ownership. It reflects the ongoing activity of large investment firms in the digital advertising technology sector, where Magnite Inc. operates.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant institutional investor's stake, which can influence market perception and trading activity.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to report any changes in their beneficial ownership of Magnite Inc. common stock as required by SEC regulations.

Key Dates

Keywords

Magnite Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Investment Adviser, Common Stock