Magic Software Enterprises (MGIC) News Today

Magic Software Enterprises (NASDAQ:MGIC) Stock Crosses Above 200 Day Moving Average - What's Next?

Acadian 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 a

Magic Software Enterprises (NASDAQ:MGIC) Stock Price Down 2.1%

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, valued

Magic Software Enterprises (NASDAQ:MGIC) Sees Large Volume Increase

Magic Software Enterprises (NASDAQ:MGIC) Shares Gap Down to $10.81

StockNews.com raised shares of Magic Software Enterprises from a "buy" rating to a "strong-buy" rating in a research note on Wednesday.

Magic Software Enterprises (NASDAQ:MGIC) Shares Up 3.3%

Magic 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.

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 th

StockNews.com cut shares of Magic Software Enterprises from a "strong-buy" rating to a "buy" rating in a research note on Tuesday.

Magic 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)

Magic Software Enterprises (NASDAQ:MGIC) Stock Price Down 3.3%

Quadrature 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, valued

Magic Software Enterprises (NASDAQ:MGIC) Shares Gap Down to $11.68

Magic Software Enterprises Ltd. (NASDAQ:MGIC - Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 29,000 shares, a decline of 16.4% from the June 30th total of 34,700 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 48,200 shares, the short-interest ratio is currently 0.6 days.

Magic Software Enterprises (NASDAQ:MGIC) Stock Price Crosses Above 200-Day Moving Average of $11.03

StockNews.com raised shares of Magic Software Enterprises from a "buy" rating to a "strong-buy" rating in a research note on Friday.

StockNews.com cut Magic Software Enterprises from a "strong-buy" rating to a "buy" rating in a research report on Thursday.

Magic Software Enterprises Ltd. (NASDAQ:MGIC - Get Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 35,300 shares, a growth of 25.2% from the May 31st total of 28,200 shares. Based on an average daily trading volume, of 56,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are short sold.

Magic Software Enterprises (NASDAQ:MGIC) Shares Pass Above 200 Day Moving Average of $10.68

StockNews.com raised Magic Software Enterprises from a "buy" rating to a "strong-buy" rating in a research report on Monday.

Magic Software Enterprises (NASDAQ:MGIC) Shares Gap Down to $11.88

Magic Software Enterprises Ltd. (NASDAQ:MGIC) announced a Semi-Annual dividend on Thursday, May 16th. Shareholders of record on Thursday, June 27th will be paid a dividend of 0.204 per share by the software maker on Saturday, July 13th. The ex-dividend date of this dividend is Thursday, June 27th.

Magic Software Enterprises (NASDAQ:MGIC) Trading Down 4.7%

Magic Software Enterprises Ltd. (NASDAQ:MGIC - Get Free Report) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 21,300 shares, a drop of 19.9% from the April 15th total of 26,600 shares. Based on an average daily volume of 58,300 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company's stock are short sold.

Magic Software Enterprises Ltd. (NASDAQ:MGIC - Get Free Report) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 13,800 shares, a decrease of 21.6% from the March 15th total of 17,600 shares. Approximately 0.1% of the company's stock are short sold. Based on an average daily volume of 64,800 shares, the short-interest ratio is currently 0.2 days.

Magic Software Enterprises (NASDAQ:MGIC) Shares Gap Up to $11.45

Magic Software Enterprises (NASDAQ:MGIC) Trading Down 2.5%

Magic Software Enterprises Ltd. (NASDAQ:MGIC - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 17,600 shares, a drop of 45.5% from the February 29th total of 32,300 shares. Based on an average daily trading volume, of 66,500 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.