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MGIC (MGIC)

Magic Software Enterprises Ltd. logo

Magic Software Enterprises Ltd.

NASDAQ:MGICTechnology
Mkt Cap-
Float25.97M
O/S-
Inst Own-
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap--
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership--
SectorTechnology
IndustryInformation Technology Services
ExchangeNASDAQ
CountryILIL
IPO DateAug 30, 1991
Shares Outstanding-
Float25.97M
Company Overview

Magic Software Enterprises Ltd. (MGIC) is a global technology company specializing in a diverse range of software solutions and IT services.

It provides proprietary application development tools, business process integration solutions, industry-specific software, and information technology outsourcing services to clients in Israel and worldwide.

The company operates through two main segments: 1. Software Services: This division is responsible for the design, marketing, sales, and ongoing support of application platforms, various software applications, and solutions for business and process integration, along with associated services. 2. IT Professional Services: This segment delivers expert IT support, encompassing services like infrastructure planning and implementation, bespoke application development, technology strategy and deployment, communication solutions, and supplementary outsourcing arrangements. Magic Software offers a robust portfolio of proprietary application platforms, including: Magic xpa: For developing and deploying enterprise-grade business applications. AppBuilder: Tailored for constructing, implementing, and maintaining high-performance, mainframe-compatible business applications. Magic xpi: Facilitates seamless application integration across systems. FactoryEye: Provides virtualization capabilities for production data. BusinessEye: An organizational business intelligence platform. Magic SmartUX: Enables the creation of cross-platform mobile business applications. Furthermore, the company delivers specialized vertical software solutions such as: Clicks: A dedicated software solution for healthcare providers. Leap: Supports various business operations and management systems. Hermes Cargo: A comprehensive package for managing air cargo ground handling operations. HR Pulse: A single-tenant Software-as-a-Service (SaaS) tool for human resources management. MBS Solution: A system for overseeing television broadcast management. Nativ: Designed for the administration of rehabilitation centers. Mobisale: Streamlines sales and distribution field activities for consumer goods manufacturers and wholesalers. Beyond its product offerings, Magic Software also provides essential support services, including software maintenance, technical assistance, training, and consulting. Originally incorporated in 1983 as Mashov Software Export (1983) Ltd., the company officially rebranded to Magic Software Enterprises Ltd. in 1991.

Its corporate headquarters are situated in Or Yehuda, Israel.

Leadership

Yakov Tsaroya

Chief Executive Officer of Coretech Consulting Group LLC,

Eli Schwartz

Chief Executive Officer of Comblack I.T. Ltd.

Arik Faingold

President of Integration Solutions Division

Idan Faingold

Chief Executive Officer of CommIT Technology Solutions Ltd

Employees

4K+

Country

IL

Sector

Technology

Website

magicsoftware.com

Analyst Coverage
Analyst Coverage
ConsensusBuy
Price Target
No price targets available
Ratings Distribution
BUY
2
HOLD
2
SELL
2
TOTAL6
Insider Trades
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
--
Institutional
(2)
--
Insiderⓘ
(0)
--
5%+ Owners
(0)
--
Unattributed (incl. retail)ⓘ
Top Shareholders
NameShares%
VANGUARD GROUP INC logo
VANGUARD GROUP INC
22.3K--
ORG Partners LLC logo
ORG Partners LLC
185--
Sources: 13F
Insiders & Institutional Holders

Top institutional holders

52-Week Range
Volume
Average Daily Volume--

30d Avg

--

60d Avg

--

90d Avg

--

Earnings
Dividend History
TTM Yield
--
Paid semi-annually
Annual (LTM)
$0.15
Latest
$0.1510
Dec 15, 25
5Y Growth
-19.40%
per year
Compliance Status
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