Magic Software Enterprises Ltd. - Ordinary Shares (MGIC)
MGIC moved a median of +0.09% 30 minutes after news, and +0.11% by the close. How MGIC actually reacts to news — the realized, point-in-time move the market made, measured across 69 labeled events over the last three years with zero look-ahead.
MGIC’s median reaction, across the day.
| Horizon | Median | % positive | Events |
|---|---|---|---|
| 5-min | -0.19% | 31% | 55 |
| 30-min | +0.09% | 54% | 63 |
| 60-min | 0.00% | 45% | 65 |
| to close | +0.11% | 53% | 64 |
| Middle 50% of MGIC reactions | -0.28% to +0.79% |
|---|---|
| Median reaction (30-min) | +0.09% |
| Measured reactions | 69 |
Half of all Magic Software Enterprises Ltd. - Ordinary Shares news events land between -0.28% and +0.79% at 30 minutes.
Reaction stats as of 2026-08-31. Newest measured event . Reaction = percent move vs. the price at the news timestamp.
How MGIC reacts, by analyst action.
| Event | Events | Median 30-min | % positive | Median to close |
|---|---|---|---|---|
| Analyst upgrades | 13 | +0.00% | 54% | -0.05% |
| Analyst downgrades | 16 | +0.11% | 56% | +0.12% |
Last 3 years, pulled 2026-08-31. Reaction = percent move vs. the price at the news timestamp. Counts and medians only. The same measurement runs across every name in the dataset. 3 further classes were observed with fewer than 10 measured events and are not published. See how MGIC ranks against every other measured name →
That’s how MGIC usually reacts — get an email when it moves on news →Email me when MGIC moves on news.
One email per qualifying move — the headline, the measured reaction, and how it compares to MGIC's baseline. Nothing else.
Recent MGIC events, each with its measured reaction.
| Date | Headline | Event | Source | 5-min | To close |
|---|---|---|---|---|---|
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Feb 24 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Feb 18 | SEC filing · Form 6-K | SEC EDGAR | -0.33% | +3.53% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Feb 05 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | -1.59% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Dec 10 | SEC filing · Form 6-K | SEC EDGAR | — | +1.21% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Nov 18 | SEC filing · Form 6-K | SEC EDGAR | -1.52% | -5.30% | |
| Magic Software Reports Third quarter 2025 Financial Results with Record-Braking Revenues of $161.7$ million – a 13.1% Year Over Year Increase | Press release | GlobeNewswire | -1.52% | -5.30% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Nov 10 | SEC filing · Form 6-K | SEC EDGAR | +1.16% | +1.64% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Nov 03 | SEC filing · Form 6-K | SEC EDGAR | -0.65% | -0.14% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Aug 13 | SEC filing · Form 6-K | SEC EDGAR | +0.95% | +2.76% | |
| Magic Software Reports Second Quarter and First Half 2025 Financial Results | Press release | GlobeNewswire | +0.95% | +2.76% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Jul 29 | SEC filing · Form 6-K | SEC EDGAR | +0.60% | — | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Jun 10 | SEC filing · Form 6-K | SEC EDGAR | — | +0.44% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Jun 03 | SEC filing · Form 6-K | SEC EDGAR | — | +0.47% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: May 21 | SEC filing · Form 6-K | SEC EDGAR | -3.69% | -0.32% | |
| Magic Software Reports First Quarter 2025 Financial Results | Press release | GlobeNewswire | -3.69% | -0.32% | |
| Magic Software Files Annual Report on Form 20-F for the Year Ended December 31, 2024 | Press release | GlobeNewswire | +0.37% | -0.31% | |
| Form 20-F MAGIC SOFTWARE ENTERPRIS For: Dec 31 | SEC filing · Form 20-F | SEC EDGAR | -0.19% | +0.06% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: May 12 | SEC filing · Form 6-K | SEC EDGAR | +0.63% | +0.14% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: May 05 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | +0.66% | |
| Form NT 20-F MAGIC SOFTWARE ENTERPRIS For: Apr 30 | SEC filing · Form NT | SEC EDGAR | — | +0.51% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Mar 11 | SEC filing · Form 6-K | SEC EDGAR | -0.79% | -3.53% | |
| Magic Software Reports Fourth Quarter and Full Year 2024 Financial Results | Press release | GlobeNewswire | -0.79% | -3.53% | |
| Magic Software and Matrix I.T sign MOU to Consider Merger | Press release | GlobeNewswire | -0.79% | -3.53% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Feb 18 | SEC filing · Form 6-K | SEC EDGAR | -0.61% | +0.53% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Nov 18 | SEC filing · Form 6-K | SEC EDGAR | -2.10% | +0.73% | |
| Magic Software Reports Third Quarter and First Nine Months Period Ended September 30, 2024 Financial Results | Press release | GlobeNewswire | -2.10% | +0.73% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Nov 04 | SEC filing · Form 6-K | SEC EDGAR | — | -1.61% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Aug 14 | SEC filing · Form 6-K | SEC EDGAR | -0.87% | -1.06% | |
| Magic Software Reports Second Quarter and First Half 2024 Financial Results | Press release | GlobeNewswire | -0.87% | -1.06% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Jul 31 | SEC filing · Form 6-K | SEC EDGAR | -0.09% | -0.14% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Jul 22 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | +2.68% | |
| Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024 | Press release | GlobeNewswire | +0.00% | +2.68% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Jun 24 | SEC filing · Form 6-K | SEC EDGAR | -1.05% | -2.90% | |
| CORRECTION: Magic Software Reports First Quarter 2024 Financial Results | Press release | GlobeNewswire | +0.22% | -4.41% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: May 16 | SEC filing · Form 6-K | SEC EDGAR | -1.98% | -9.15% | |
| Form 6-K/A MAGIC SOFTWARE ENTERPRIS For: May 16 | SEC filing · Form 6-K | SEC EDGAR | -0.15% | -4.55% | |
| Magic Software Reports First Quarter 2024 Financial Results | Press release | GlobeNewswire | -1.98% | -9.15% | |
| Form 20-F MAGIC SOFTWARE ENTERPRIS For: Dec 31 | SEC filing · Form 20-F | SEC EDGAR | +0.00% | +0.16% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: May 13 | SEC filing · Form 6-K | SEC EDGAR | -0.08% | -0.16% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: May 02 | SEC filing · Form 6-K | SEC EDGAR | -0.93% | +0.85% | |
| Form NT 20-F MAGIC SOFTWARE ENTERPRIS For: Apr 29 | SEC filing · Form NT | SEC EDGAR | +0.34% | +0.68% | |
| Melanie McFaddin with Wiley Bros – Aintree Capital &Partners, LLC Represents Theoris, Inc. in its Acquisition by CoreTech Consulting Group, LLC | Press release | Business Wire | -0.68% | -1.78% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Apr 05 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | -0.96% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Mar 13 | SEC filing · Form 6-K | SEC EDGAR | +2.10% | +1.05% | |
| Magic Software Reports Fourth Quarter and Full Year 2023 Financial Results | Press release | GlobeNewswire | +2.10% | +1.05% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Feb 28 | SEC filing · Form 6-K | SEC EDGAR | -0.29% | -0.09% | |
| Magic Software to Announce Fourth Quarter and Full year 2023 Financial Results on March 13th, 2024 | Press release | GlobeNewswire | — | +0.20% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Nov 14 | SEC filing · Form 6-K | SEC EDGAR | -0.24% | +2.71% | |
| Magic Software Reports Third Quarter 2023 Financial Results | Press release | GlobeNewswire | -0.24% | +2.71% | |
| Form 6-K MAGIC SOFTWARE ENTERPRIS For: Nov 08 | SEC filing · Form 6-K | SEC EDGAR | +4.10% | +2.17% |
Each reaction is the move the market actually made, measured from the news timestamp. Headlines link through to the MGIC section they belong to.
Where else MGIC is measured.
MGIC earnings → · Analyst actions → · SEC filings →
Other Technology names, measured the same way
| Ticker | Events | Median 30-min | % positive |
|---|---|---|---|
| Asia Pacific Wire & Cable Corporation Limited - Common shares, Par value .01 per share (APWC) | 69 | +0.07% | 52% |
| FLITWAYS TECHNOLOGY INC (FTWS) | 69 | 0.00% | 25% |
| PCTEL, Inc. (PCTI) | 69 | +0.15% | 70% |
| US NUCLEAR CORP Common stock (UCLE) | 69 | 0.00% | 28% |
Same sector, same measurement: percent move vs. the price at the news timestamp, read at 30 minutes. Sample sizes differ, so the medians are comparable but the confidence behind them is not.
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Every name we’ve measured, in one place.
How the numbers are made.
How is Magic Software Enterprises Ltd. - Ordinary Shares's median reaction calculated?
Every labeled MGIC news event is measured from its own timestamp: the last trade before the news is the base price, and the move is read at fixed horizons — 30 minutes of trading, then the close. The median across 69 events is what this page reports. Point-in-time, zero look-ahead: no event borrows information from a later one.
What counts as a positive reaction?
Any event whose price move is above zero at the horizon, relative to the last trade before the news timestamp. 54% of MGIC's measured events are up at 30 minutes; the rest close the window flat or negative.
How often is this page updated?
The news table refreshes automatically as new events are labeled and priced. The reaction medians are re-pulled in batches from the dataset — the figures here are as of 2026-08-31.
Does MGIC's past reaction predict its next one?
No. These are realized facts about past events, not forecasts. They describe a distribution — they say nothing certain about any future move.