Migdal Insurance & Financial, IL0010811656

Migdal sold Shufersal stake. Migdal Insurance & Financial stock sits 15.65 percent below its high

Published on 10/13/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Migdal Insurance & Financial stock was ILA 1,859.00 on October 13, 2026, below ILA 2,204.00. Market value was ILA 19.7 billion, with volume at 162,456 shares.

Migdal sold ILS 125.00 million of its Shufersal holding on September 25, 2026, reducing the stake below 5.00 percent.
The stock was ILA 1,859.00 on October 13, 2026, 15.65 percent below its ILA 2,204.00 52-week high.
Market capitalization stood at ILA 19.7 billion, with volume of 162,456 shares at the quoted time.

Migdal Insurance & Financial, IL0010811656, Illustration mit AI erstellt.

Migdal Insurance & Financial (IL0010811656) was ILA 1,859.00 on October 13, 2026, 15.65 percent below its 52-week high of ILA 2,204.00. The company had sold ILS 125.00 million of its Shufersal holding on September 25, 2026, taking the stake below 5.00 percent, according to WireIsrael.

What does the sale change?

The transaction reduced Migdal's exposure to Shufersal after the insurer had held 6.20 percent of the retailer. The sale moved the holding below the 5.00 percent threshold that defines a reportable stakeholder position, giving the investment portfolio a smaller direct connection to the supermarket chain.

WireIsrael reported on September 25, 2026, that the disposal followed pressure on Shufersal's results and share price. For Migdal, the quantified point is the ILS 125.00 million reduction and the change from a 6.20 percent holding to less than 5.00 percent.

Insurance and finance remain core

Migdal operates across insurance, pension products and financial asset management in Israel. Its corporate website describes a group serving customers through insurance, pension and investment businesses, while its market listing identifies the company as a financials-sector issuer. The structure means portfolio transactions can affect the investment mix even when they do not change the group's core insurance operations.

Stock remains below its yearly high

The TASE price of ILA 1,859.00 was quoted at 10:20 a.m. IDT on October 13, 2026. The 52-week range was ILA 1,036.00 to ILA 2,204.00, placing the share 15.65 percent below the upper end, while market capitalization stood at ILA 19.7 billion and volume reached 162,456 shares.