Migdal sold Shufersal stake as Shufersal stock sits 29.15 percent below its high

Published on 10/09/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Migdal's holding fell below 5 percent after ILS 125.0 million in sales. Shufersal stock last stood at ILA 3,599.00 on October 9, 2026, 29.15 percent below its high.

Key points in brief

Migdal Insurance fell below a 5 percent stake after selling ILS 125.0 million of Shufersal shares on September 25, 2026.
Shufersal reported ILS 3.412 billion in second-quarter 2026 revenue and ILS 125.0 million in net income.
The stock was last quoted at ILA 3,599.00 on October 9, 2026, 29.15 percent below its 52-week high.

Shufersal, IL0007770378, Illustration mit AI erstellt.

Migdal Insurance fell below a 5 percent stake in Shufersal after selling shares worth ILS 125.0 million on September 25, 2026, according to WireIsrael. Shufersal stock was last quoted at ILA 3,599.00 on October 9, 2026, 29.15 percent below its 52-week high of ILA 5,080.00.

Stake sale meets weaker results

WireIsrael reported that Migdal had previously held 6.2 percent of the chain, while its sales reduced the position below the disclosure threshold. The report also linked the disposal to first-half results showing net income of ILS 299.0 million, down 13.80 percent, and revenue of ILS 7.1 billion, down 2.00 percent, on September 25, 2026.

Three dated operating markers

On August 27, 2026, Shufersal reported second-quarter revenue of ILS 3.412 billion and net income of ILS 125.0 million, according to Investing.com. On September 25, 2026, WireIsrael reported the first-half decline and Migdal's ILS 125.0 million disposal. On October 8, 2026, Global Banking and Finance listed the October 7 closing price at ILA 3,612.00.

What does the price gap show?

The current quote is 29.15 percent below the 52-week high, calculated from ILA 3,599.00 and ILA 5,080.00. That gap places the market valuation below its yearly peak even as the second-quarter report showed ILS 3.412 billion in revenue and ILS 125.0 million in net income.

Next reporting date points to November

Yahoo Finance lists an estimated earnings date of November 26, 2026. The estimate gives the market a dated reference after the first-half decline and the recent stake reduction.

Shufersal stock remains below its yearly high

Shufersal was last quoted at ILA 3,599.00 on the Tel Aviv Stock Exchange on October 9, 2026 at 1:44 p.m. IDT. The 52-week range was ILA 3,492.00 to ILA 5,080.00, while market capitalization stood at ILS 9.6 billion on the same date. The further course of trading is shown by the continuously updated real-time quote of Shufersal stock.