Magic Software Enterprises (MGIC)

Magic Software Enterprises Ltd. is a global provider of powerful and versatile end-to-end, on-premises and cloud-based integration and low-code application development platforms. With over 30 years of experience, 24 regional offices, millions of installations worldwide, and strategic alliances with global IT leaders, Magic enables its customers to seamlessly adopt new technologies and maximize business opportunities. Magic collaborates closely with its customers and thousands of business partners in 50 countries to accelerate their business performance.

Company profile

Ticker

MGIC

Exchange

NASDAQ

Website

www.magicsoftware.com

CEO

Guy Bernstein

Incorporated

Israel

Location

Israel

Fiscal year end

Dec 31

Sector

Information > Software Publishers

Industry (SIC)

Services - Prepackaged Software

Microsoft • Oracle • NortonLifeLock • BlackBerry • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee • Full Truck Alliance ...

SEC CIK

0000876779

Corporate docs

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

MGIC stock data

1M 1Y 5Y

News

From Benzinga Pro

Magic Software: Q2 Earnings Insights

11 Aug 22

Magic Software (NASDAQ:MGIC) reported its Q2 earnings results on Thursday, August 11, 2022. Here's what investors need to know about the announcement.

Magic Software Q2 EPS $0.24 Misses $0.27 Estimate, Sales $137.00M Beat $131.70M Estimate

11 Aug 22

Magic Software (NASDAQ:MGIC) reported quarterly earnings of $0.24 per share which missed the analyst consensus estimate of $0.27 by 11.11 percent. This is a 4.35 percent increase over earnings of $0.23 per share from the

Earnings Scheduled For August 11, 2022

11 Aug 22

Companies Reporting Before The Bell • Magic Software (NASDAQ:MGIC) is projected to report quarterly earnings at $0.27 per share on revenue of $131.70 million.

Press releases

From Benzinga Pro

Magic Software Reports Second Quarter 2022 Financial Results with Record Second Quarter Revenues of $137 Million, Reflecting a 15% Year Over Year Growth

11 Aug 22

OR YEHUDA, Israel, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of IT consulting services and end-to-end integration and application development platforms

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

12 May 22

19 Aug 22

31 Dec 22

Financial summary

Financial statements Chart MGIC financial data

Quarter (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q2 2022

MGIC institutional ownership history Ownership history

76.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	69	73	-5.5%
Opened positions	3	6	-50.0%
Closed positions	7	6	+16.7%
Increased positions	21	23	-8.7%
Reduced positions	29	25	+16.0%

13F shares	Current	Prev Q	Change
Total value	433.1M	230.44M	+87.9%
Total shares	37.39M	14.85M	+151.9%
Total puts	732K	324.1K	+125.9%
Total calls	12.6K	0	NEW
Total put/call ratio	58.1	Infinity	NaN%

Largest owners	Shares	Value	Change
FORTY Formula Systems	22.71M	$0	NEW
Idb Development	3.63M	$27.7M	0.0%
Harel Insurance Investments & Financial Services	2.51M	$44.66M	0.0%
Clal Insurance Enterprises	2.42M	$42.92M	0.0%
Yelin Lapidot Holdings Management	2.15M	$45M	0.0%
Meitav Dash Investments	536.53K	$9.46M	-1.5%
Renaissance Technologies	476.45K	$8.47M	-7.8%
PXGPE Phoenix	389.55K	$6.92M	+0.1%
Wellington Management	353.75K	$6.29M	+1.2%
Naples Global Advisors	238.16K	$4.23M	+7.0%

Largest transactions	Shares	Bought/sold	Change
FORTY Formula Systems	22.71M	+22.71M	NEW
Alliancebernstein	52.86K	-95.48K	-64.4%
MNGPF Man	0	-91.35K	EXIT
PEAK6 Investments	69.75K	+61.84K	+782.0%
Susquehanna International	71.52K	+55.3K	+341.1%
Arrowstreet Capital, Limited Partnership	48.79K	-46.62K	-48.9%
Renaissance Technologies	476.45K	-40.21K	-7.8%
Group One Trading	58.31K	+35.73K	+158.3%
Citadel Advisors	40.69K	+24.96K	+158.7%
Naples Global Advisors	238.16K	+15.68K	+7.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Microsoft • Adobe • Pegasystems • Amdocs • Salesforce • Oracle • ServiceNow • Mulesoft • FTS • Talend

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 20-F 2021 FY

Financial reports

View all

20-F

2021 FY

Annual report (foreign)

12 May 22

20-F

2020 FY

Annual report (foreign)

13 May 21

20-F