Magic Software Enterprises (MGIC)

• Market cap: $674M
• 1 day: -0.72%
• 5 days: 0.58%
• 1 month: 6.54%
• 3 months: 8.12%
• 6 months: 19.83%
• Year to date: 16.40%
• 1 year: 17.19%
• 5 years: 51.26%
• 10 years: 115.58%
• Sector: Technology
• Industry: Information Technology Services

About: Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.

Employees: 3,628

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

11% more capital invested

Capital invested by funds: $79M [Q3] → $87.3M (+$8.34M) [Q4]

10% more funds holding

Funds holding: 68 [Q3] → 75 (+7) [Q4]

1.03% more ownership

Funds ownership: 13.55% [Q3] → 14.57% (+1.03%) [Q4]

16% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 19

63% less call options, than puts

Call options by funds: $89K | Put options by funds: $241K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $16 16% upside
• Avg. target: $16 16% upside
• High target: $16 16% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barclays Tavy Rosner 67% 1-year accuracy 8 / 12 met price target

16% upside $16

Overweight Maintained

13 Mar 2025