Magic Software Enterprises (MGIC) News Today $12.04 +0.14 (+1.18%) (As of 12/20/2024 05:16 PM ET) Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends All Sources Trusted Sources MarketBeat Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha TalkMarkets The Street TipRanks The Wall Street Journal Wall Street Zen Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 Time Period Magic Software Enterprises (NASDAQ:MGIC) Rating Lowered to Buy at StockNews.comDecember 16, 2024 | americanbankingnews.comMagic Software Enterprises (NASDAQ:MGIC) Share Price Passes Above 200 Day Moving Average - Here's WhyMagic Software Enterprises (NASDAQ:MGIC) Stock Crosses Above 200-Day Moving Average - Time to Sell?December 14, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Lowered to "Buy" Rating by StockNews.comStockNews.com cut shares of Magic Software Enterprises from a "strong-buy" rating to a "buy" rating in a report on Saturday.December 14, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Rating Increased to Strong-Buy at StockNews.comStockNews.com raised Magic Software Enterprises from a "buy" rating to a "strong-buy" rating in a research report on Friday.December 6, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Hits New 52-Week High - Time to Buy?Magic Software Enterprises (NASDAQ:MGIC) Sets New 52-Week High - What's Next?November 29, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Stock Rating Lowered by StockNews.comStockNews.com lowered shares of Magic Software Enterprises from a "strong-buy" rating to a "buy" rating in a report on Thursday.November 28, 2024 | marketbeat.comWhat is William Blair's Estimate for MGIC Q3 Earnings?Magic Software Enterprises Ltd. (NASDAQ:MGIC - Free Report) - William Blair boosted their Q3 2025 earnings per share estimates for Magic Software Enterprises in a report issued on Monday, November 18th. William Blair analyst M. Nolan now forecasts that the software maker will post earnings of $0.November 20, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Stock Rating Upgraded by StockNews.comStockNews.com upgraded Magic Software Enterprises from a "buy" rating to a "strong-buy" rating in a report on Wednesday.November 20, 2024 | marketbeat.comBarclays Forecasts Strong Price Appreciation for Magic Software Enterprises (NASDAQ:MGIC) StockBarclays increased their price objective on shares of Magic Software Enterprises from $14.00 to $15.00 and gave the company an "overweight" rating in a report on Tuesday.November 19, 2024 | marketbeat.comMagic Software price target raised to $15 from $14 at BarclaysNovember 19, 2024 | msn.comMagic Software Enterprises Ltd. (NASDAQ:MGIC) Q3 2024 Earnings Call TranscriptNovember 19, 2024 | msn.comMagic Software’s Q3 Surge Despite Early ChallengesNovember 19, 2024 | markets.businessinsider.comMagic Software Reports Strong Q3, Revises 2024 OutlookNovember 19, 2024 | markets.businessinsider.comUpdate: MGIC, November 18November 18, 2024 | forbes.comMagic Software Enterprises Ltd. (MGIC) Q3 2024 Earnings Call TranscriptNovember 18, 2024 | seekingalpha.comMagic Software Enterprises (NASDAQ:MGIC) Shares Gap Down - Here's WhyMagic Software Enterprises (NASDAQ:MGIC) Shares Gap Down - Should You Sell?November 18, 2024 | marketbeat.comMagic Software Enterprises Ltd. Reports Financial Results for Q3 2024 with 10.4% Revenue IncreaseNovember 18, 2024 | quiverquant.comMagic Software Reports Third Quarter and First Nine Months Period Ended September 30, 2024 Financial ResultsNovember 18, 2024 | globenewswire.comShort Interest in Magic Software Enterprises Ltd. (NASDAQ:MGIC) Declines By 21.3%Magic Software Enterprises Ltd. (NASDAQ:MGIC - Get Free Report) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 17,000 shares, a decline of 21.3% from the October 15th total of 21,600 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 49,800 shares, the short-interest ratio is presently 0.3 days.November 15, 2024 | marketbeat.com140,591 Shares in Magic Software Enterprises Ltd. (NASDAQ:MGIC) Purchased by Assenagon Asset Management S.A.Assenagon Asset Management S.A. acquired a new position in shares of Magic Software Enterprises Ltd. (NASDAQ:MGIC - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 140,591November 2, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Shares Gap Up - Time to Buy?Magic Software Enterprises (NASDAQ:MGIC) Shares Gap Up - Time to Buy?October 30, 2024 | marketbeat.comMagic Software Enterprises Ltd. (NASDAQ:MGIC) Short Interest UpdateMagic Software Enterprises Ltd. (NASDAQ:MGIC - Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 21,600 shares, a decrease of 54.1% from the September 30th total of 47,100 shares. Based on an average trading volume of 52,400 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.October 26, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Stock Passes Above Two Hundred Day Moving Average - Here's What HappenedMagic Software Enterprises (NASDAQ:MGIC) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?October 23, 2024 | marketbeat.comHarel Insurance Investments & Financial Services Ltd.October 16, 2024 | finance.yahoo.com74,435 Shares in Magic Software Enterprises Ltd. (NASDAQ:MGIC) Acquired by Inspire Investing LLCInspire Investing LLC acquired a new stake in shares of Magic Software Enterprises Ltd. (NASDAQ:MGIC - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 74,435 shares of the softwareOctober 15, 2024 | marketbeat.comMagic Software Enterprises Ltd. (NASDAQ:MGIC) Short Interest Down 30.9% in SeptemberMagic Software Enterprises Ltd. (NASDAQ:MGIC - Get Free Report) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totalling 47,100 shares, a drop of 30.9% from the September 15th total of 68,200 shares. Approximately 0.2% of the company's stock are short sold. Based on an average trading volume of 56,600 shares, the days-to-cover ratio is currently 0.8 days.October 12, 2024 | marketbeat.comMagic Software: Compelling Value Despite Israel's Geopolitical RisksOctober 11, 2024 | seekingalpha.comMagic Software Enterprises (NASDAQ:MGIC) Stock Crosses Above 200-Day Moving Average - Here's WhyMagic Software Enterprises (NASDAQ:MGIC) Stock Crosses Above 200 Day Moving Average - What's Next?October 8, 2024 | marketbeat.comTop US Dividend Stocks Including Citizens Financial ServicesSeptember 30, 2024 | finance.yahoo.comIndividual investors own 35% of Magic Software Enterprises Ltd. (NASDAQ:MGIC) shares but public companies control 47% of the companySeptember 30, 2024 | finance.yahoo.comMagic Software Enterprises Ltd. (NASDAQ:MGIC) Shares Purchased by Acadian Asset Management LLCAcadian Asset Management LLC raised its stake in Magic Software Enterprises Ltd. (NASDAQ:MGIC - Free Report) by 2,254.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,447 shares of the software maker's stock aSeptember 18, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Shares Down 2.1% Magic Software Enterprises (NASDAQ:MGIC) Stock Price Down 2.1%September 17, 2024 | marketbeat.comY.D. More Investments Ltd Buys New Shares in Magic Software Enterprises Ltd. (NASDAQ:MGIC)Y.D. More Investments Ltd purchased a new position in Magic Software Enterprises Ltd. (NASDAQ:MGIC - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 148,691 shares of the software maker's stock, valuedSeptember 12, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Sees Strong Trading VolumeMagic Software Enterprises (NASDAQ:MGIC) Sees Large Volume IncreaseSeptember 10, 2024 | marketbeat.comIs Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Latest Stock Performance Being Led By Its Strong Fundamentals?August 31, 2024 | finance.yahoo.comMagic Software Enterprises (NASDAQ:MGIC) Shares Gap Down to $10.81Magic Software Enterprises (NASDAQ:MGIC) Shares Gap Down to $10.81August 21, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Upgraded to "Strong-Buy" at StockNews.comStockNews.com raised shares of Magic Software Enterprises from a "buy" rating to a "strong-buy" rating in a research note on Wednesday.August 21, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Shares Up 3.3%Magic Software Enterprises (NASDAQ:MGIC) Shares Up 3.3%August 20, 2024 | marketbeat.comCANCOM SE (COK.MU)August 18, 2024 | finance.yahoo.comMagic Software Enterprises (NASDAQ:MGIC) Issues Quarterly Earnings ResultsMagic Software Enterprises (NASDAQ:MGIC - Get Free Report) issued its quarterly earnings data on Wednesday. The software maker reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.02. Magic Software Enterprises had a net margin of 6.83% and a return on equity of 16.36%. The company had revenue of $136.25 million for the quarter, compared to the consensus estimate of $132.10 million. During the same period last year, the firm posted $0.28 EPS.August 17, 2024 | marketbeat.comWilliam Blair Analysts Reduce Earnings Estimates for Magic Software Enterprises Ltd. (NASDAQ:MGIC)Magic Software Enterprises Ltd. (NASDAQ:MGIC - Free Report) - Equities research analysts at William Blair reduced their Q4 2024 earnings estimates for shares of Magic Software Enterprises in a research report issued on Wednesday, August 14th. William Blair analyst M. Nolan now anticipates that thAugust 16, 2024 | marketbeat.comMagic Software Enterprises Ltd.: Magic Software Reports Second Quarter and First Half 2024 Financial ResultsAugust 14, 2024 | finanznachrichten.deHere's what Wall Street expects from Magic Software Enterprises's earnings reportAugust 14, 2024 | markets.businessinsider.comMagic Software Q2 2024 Earnings PreviewAugust 14, 2024 | msn.comMagic Software Reports Second Quarter and First Half 2024 Financial ResultsAugust 14, 2024 | globenewswire.comMagic Software Enterprises (NASDAQ:MGIC) Lowered to Buy at StockNews.comStockNews.com cut shares of Magic Software Enterprises from a "strong-buy" rating to a "buy" rating in a research note on Tuesday.August 13, 2024 | marketbeat.comMagic Software Enterprises (MGIC) to Release Earnings on WednesdayMagic Software Enterprises (NASDAQ:MGIC) will be releasing earnings before the market opens on Wednesday, August 14, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=233773)August 7, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Shares Down 3.3% Magic Software Enterprises (NASDAQ:MGIC) Stock Price Down 3.3%July 30, 2024 | marketbeat.com51,820 Shares in Magic Software Enterprises Ltd. (NASDAQ:MGIC) Bought by Quadrature Capital LtdQuadrature Capital Ltd bought a new position in shares of Magic Software Enterprises Ltd. (NASDAQ:MGIC - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 51,820 shares of the software maker's stock, valuedJuly 30, 2024 | marketbeat.comMagic Software Enterprises (NASDAQ:MGIC) Shares Gap Down to $11.68Magic Software Enterprises (NASDAQ:MGIC) Shares Gap Down to $11.68July 29, 2024 | marketbeat.com Get Magic Software Enterprises News Delivered to You Automatically Sign up to receive the latest news and ratings for MGIC and its competitors with MarketBeat's FREE daily newsletter. Email Address Media Humiliated: Demo of Elon’s Tech Proves They’re Wrong (Ad)Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it. Click here to watch this demo and decide for yourself. MGIC Media Mentions By Week MGIC Media Sentiment Learn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. MGIC News Sentiment▼0.040.66▲Average Computer and Technology News Sentiment MGIC News Coverage Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. MGIC Articles This Week▼11▲MGIC Articles Average Week Get Magic Software Enterprises News Delivered to You Automatically Sign up to receive the latest news and ratings for MGIC and its competitors with MarketBeat's FREE daily newsletter. 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