Forex

GSA Capital Partners Acquires New Stake in Magic Software Enterprises

Guavy AI Editorial Team Published August 16, 2026

Instruments

CHF

GSA Capital Partners LLP has acquired a new stake in Magic Software Enterprises Ltd. (NASDAQ:MGIC), purchasing 193,941 shares valued at approximately $2,735,000 in the second quarter.

This brings GSA's ownership to around 0.39% of Magic Software Enterprises' stock as of the most recent quarter.

Other institutional investors have also made changes to their positions in the company, with Truist Financial Corp increasing its stake by 1.4%, Ameriprise Financial Inc. boosting its position by 5.6%, Lazard Asset Management LLC raising its stake by 4.0%, and Swiss National Bank increasing its holding by 3.0%.

Magic Software Enterprises provides enterprise software solutions for cloud and on-premises environments, with a flagship offering called the Magic xpa Application Platform that simplifies the design, deployment, and maintenance of business applications.

GSA Capital Partners Acquires New Stake in Magic Software Enterprises

Bybit: CHF to CTC Exchange Rate Hits 18.97, Up 0.49% in 24 Hours

IO Dives 3% Against Swiss Franc in 24-Hour Market Shift

ElizaOS Surges 1.47% in 24 Hours, Reaches CHF1.53M Market Capitalization