Kopion Boosts Stake by $6.1M as Magnite Schedules Needham Conference Chat
Kopion Asset Management increased its stake in Magnite by 367,858 shares in Q4, adding $6.11M to its position and boosting quarter-end position value by $4.60M. Magnite’s executives will present at the Needham Annual Growth Conference on January 14, including a 12:45 p.m. fireside chat webcast available for 90 days.
1. Major Stake Increase by Kopion Asset Management
During the fourth quarter, Texas-based Kopion Asset Management boosted its holding in Magnite by 367,858 shares, representing an estimated trade value of $6.11 million based on the quarter’s average share price. This strategic accumulation pushed the fund’s quarter-end position value up by approximately $4.60 million, reflecting both the new purchases and favorable share price movements over the period. The move underscores Kopion’s conviction in Magnite’s business model and growth trajectory within the independent sell-side advertising market.
2. Needham Annual Growth Conference Participation
Magnite’s executive team will take part in the Needham 28th Annual Growth Conference in New York City on January 14, hosting in-person investor meetings and a 12:45 p.m. ET fireside chat. The live presentation will be webcast via the “Events & Presentations” section of Magnite’s investor relations website, with a replay available for 90 days. This forum offers management a platform to discuss recent financial performance, margin expansion initiatives in CTV and online video, and Q1 guidance, while providing investors with direct access to strategic updates and long-term outlook.