MAGIC SOFTWARE ENTERPRISES ($MGIC) posted quarterly earnings results on Wednesday, August 13th. The company reported earnings of $0.26 per share, beating estimates of $0.25 by $0.01. The company also reported revenue of $151,640,000, beating estimates of $148,818,000 by $2,822,000.
You can see Quiver Quantitative's $MGIC stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
MAGIC SOFTWARE ENTERPRISES Hedge Fund Activity
We have seen 26 institutional investors add shares of MAGIC SOFTWARE ENTERPRISES stock to their portfolio, and 37 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TRUFFLE HOUND CAPITAL, LLC removed 121,704 shares (-40.6%) from their portfolio in Q2 2025, for an estimated $2,326,980
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 54,161 shares (+inf%) to their portfolio in Q1 2025, for an estimated $703,551
- UBS GROUP AG added 46,885 shares (+134.4%) to their portfolio in Q1 2025, for an estimated $609,036
- QUADRATURE CAPITAL LTD removed 46,247 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $884,242
- CITADEL ADVISORS LLC removed 42,880 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $557,011
- BANK OF AMERICA CORP /DE/ added 35,840 shares (+815.1%) to their portfolio in Q1 2025, for an estimated $465,561
- ARK INVESTMENT MANAGEMENT LLC removed 28,957 shares (-18.8%) from their portfolio in Q2 2025, for an estimated $553,657
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
MAGIC SOFTWARE ENTERPRISES Analyst Ratings
Wall Street analysts have issued reports on $MGIC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 03/13/2025
To track analyst ratings and price targets for MAGIC SOFTWARE ENTERPRISES, check out Quiver Quantitative's $MGIC forecast page.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
