Formula Systems (1985) (NASDAQ:FORTY) Sees Large Volume Increase - Should You Buy?

Key Points

• Trading spike but light activity: Volume rose 30% to 678 shares during the session, yet the stock barely moved (last at $124.95 vs. $125.00 close), indicating still very light absolute trading.
• Analyst view and technicals: Weiss Ratings reissued a "Hold (c)" and the consensus rating is Hold; the share price sits below both the 50‑day ($137.23) and 200‑day ($148.98) moving averages.
• Fundamentals and balance sheet: Market cap is $1.92B with a P/E of 27.52, recent quarter showed $35.03 EPS on $708.38M revenue but low net margin (2.49%) and ROE (4.55%), while liquidity is solid (quick ratio 1.58) and debt is low (debt/equity 0.15).

Shares of Formula Systems (1985) Ltd. (NASDAQ:FORTY - Get Free Report) saw strong trading volume on Thursday . 678 shares changed hands during mid-day trading, an increase of 30% from the previous session's volume of 522 shares.The stock last traded at $124.95 and had previously closed at $125.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a "hold (c)" rating on shares of Formula Systems (1985) in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of "Hold".

Formula Systems (1985) Stock Performance

The company has a quick ratio of 1.58, a current ratio of 1.60 and a debt-to-equity ratio of 0.15. The stock's fifty day moving average is $137.23 and its two-hundred day moving average is $148.98. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of 27.52 and a beta of 1.12.

Formula Systems (1985) (NASDAQ:FORTY - Get Free Report) last announced its quarterly earnings results on Thursday, March 26th. The technology company reported $35.03 EPS for the quarter. The firm had revenue of $708.38 million during the quarter. Formula Systems (1985) had a net margin of 2.49% and a return on equity of 4.55%.

Hedge Funds Weigh In On Formula Systems (1985)

A number of institutional investors have recently bought and sold shares of FORTY. GHP Investment Advisors Inc. lifted its position in shares of Formula Systems (1985) by 10.8% in the third quarter. GHP Investment Advisors Inc. now owns 7,716 shares of the technology company's stock valued at $1,082,000 after buying an additional 755 shares during the last quarter. Altshuler Shaham Ltd raised its stake in Formula Systems (1985) by 30.8% in the 4th quarter. Altshuler Shaham Ltd now owns 7,015 shares of the technology company's stock valued at $1,182,000 after acquiring an additional 1,650 shares during the period. CX Institutional bought a new position in Formula Systems (1985) during the third quarter worth $398,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Formula Systems (1985) in the second quarter valued at $222,000. Finally, Raymond James Financial Inc. bought a new position in shares of Formula Systems (1985) in the second quarter valued at about $73,000. Institutional investors and hedge funds own 34.76% of the company's stock.

Formula Systems (1985) Company Profile

Formula Systems (1985) Ltd is an Israeli publicly traded holding company specializing in the software and information technology sectors. Founded in 1985 and listed on NASDAQ under the ticker FORTY, the company focuses on acquiring, investing in and developing independent software firms. Its core mission is to foster innovation in enterprise software, cybersecurity and digital transformation solutions.

The company's principal activities center on holding controlling and significant equity stakes in several market-leading software enterprises.

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