Magic Software Enterprises (MGIC)

• Market cap: $659M
• 1 day: 1.05%
• 5 days: 2.21%
• 1 month: 8.58%
• 3 months: 12.87%
• 6 months: 15.19%
• Year to date: 12.87%
• 1 year: 13.15%
• 5 years: 77.28%
• 10 years: 106.46%
• Sector: Technology
• Industry: Software - Infrastructure

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

10% more funds holding

Funds holding: 68 [Q3] → 75 (+7) [Q4]

9% more capital invested

Capital invested by funds: $80.1M [Q3] → $87.3M (+$7.24M) [Q4]

0.84% more ownership

Funds ownership: 13.74% [Q3] → 14.57% (+0.84%) [Q4]

25% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 20

63% less call options, than puts

Call options by funds: $89K | Put options by funds: $241K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $16 19% upside
• Avg. target: $16 19% upside
• High target: $16 19% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barclays Tavy Rosner 42% 1-year accuracy 5 / 12 met price target

19% upside $16

Overweight Maintained

13 Mar 2025