MGIC

Magic Software Enterprises

15.23 USD
-0.56
3.55%
At close Jun 13, 4:00 PM EDT
After hours
15.23
+0.00
0.00%
1 day
-3.55%
5 days
-5.99%
1 month
0.20%
3 months
11.01%
6 months
24.23%
Year to date
28.09%
1 year
41.28%
5 years
35.62%
10 years
139.09%
 

About: Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. The company 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: 3,787

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

47% more capital invested

Capital invested by funds: $87.3M [Q4 2024] → $129M (+$41.4M) [Q1 2025]

26% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 19

22% more call options, than puts

Call options by funds: $2.17M | Put options by funds: $1.78M

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

5.64% more ownership

Funds ownership: 14.57% [Q4 2024] → 20.22% (+5.64%) [Q1 2025]

0% more funds holding

Funds holding: 75 [Q4 2024] → 75 (+0) [Q1 2025]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]

Research analyst outlook

We haven’t received any recent analyst ratings for MGIC.

Financial journalist opinion

Based on 3 articles about MGIC published over the past 30 days

Neutral
Seeking Alpha
3 weeks ago
Magic Software Enterprises Ltd. (MGIC) Q1 2025 Earnings Call Transcript
Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q1 2025 Earnings Conference Call May 21, 2025 10:00 AM ET Company Participants Asaf Berenstin - Chief Financial Officer Guy Bernstein - Chief Executive Officer Conference Call Participants Chris Reimer - Barclays Bank Operator Ladies and gentlemen, thank you for standing by.
Magic Software Enterprises Ltd. (MGIC) Q1 2025 Earnings Call Transcript
Neutral
GlobeNewsWire
3 weeks ago
Magic Software Reports First Quarter 2025 Financial Results
OR YEHUDA, Israel, May 21, 2025 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the first quarter ended March 31, 2025.
Magic Software Reports First Quarter 2025 Financial Results
Neutral
GlobeNewsWire
3 weeks ago
Magic Software Files Annual Report on Form 20-F for the Year Ended December 31, 2024
OR YEHUDA, Israel, May 19, 2025 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (Nasdaq and TASE: MGIC) (“Magic Software” or the “Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) on Wednesday, May 14, 2025. The annual report on Form 20-F, which contains Magic Software's audited annual financial statements for 2024, can be accessed on the SEC's website at http://www.sec.gov, as well as via the Company's investor relations website at https://www.magicsoftware.com/investors/annual-reports/.
Magic Software Files Annual Report on Form 20-F for the Year Ended December 31, 2024
Neutral
Seeking Alpha
3 months ago
Magic Software Enterprises Ltd. (MGIC) Q4 2024 Earnings Call Transcript
Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q4 2024 Earnings Conference Call March 12, 2025 11:00 AM ET Company Participants Asaf Berenstin - Chief Financial Officer Guy Bernstein - Chief Executive Officer Yuval Lavi - Chief Technology Officer Conference Call Participants Maggie Nolan - William Blair Operator Ladies and gentlemen, thank you for standing by.
Magic Software Enterprises Ltd. (MGIC) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
3 months ago
Magic Software (MGIC) Q4 Earnings Miss Estimates
Magic Software (MGIC) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago.
Magic Software (MGIC) Q4 Earnings Miss Estimates
Neutral
GlobeNewsWire
3 months ago
Magic Software Reports Fourth Quarter and Full Year 2024 Financial Results
OR YEHUDA, Israel, March 11, 2025 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the fourth quarter and full year ended December 31, 2024.
Magic Software Reports Fourth Quarter and Full Year 2024 Financial Results
Positive
Seeking Alpha
3 months ago
Magic Software Price In Attractive Territory
Magic Software Price In Attractive Territory
Magic Software Price In Attractive Territory
Neutral
Seeking Alpha
6 months ago
Magic Software Enterprises Ltd. (MGIC) Q3 2024 Earnings Call Transcript
Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q3 2024 Earnings Conference Call November 18, 2024 9:30 AM ET Company Participants Asaf Berenstin - CFO Guy Bernstein - CEO Conference Call Participants Tavy Rosner - Barclays Kate Kronstein - William Blair Operator Ladies and gentlemen, thank you for standing by.
Magic Software Enterprises Ltd. (MGIC) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
6 months ago
Magic Software (MGIC) Misses Q3 Earnings Estimates
Magic Software (MGIC) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.21 per share a year ago.
Magic Software (MGIC) Misses Q3 Earnings Estimates
Neutral
GlobeNewsWire
6 months ago
Magic Software Reports Third Quarter and First Nine Months Period Ended September 30, 2024 Financial Results
OR YEHUDA, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the third quarter and first nine months period ended September 30, 2024.
Magic Software Reports Third Quarter and First Nine Months Period Ended September 30, 2024 Financial Results
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