Formula Systems (1985) (NASDAQ:FORTY) Trading Down 7.2% - What's Next?

Key Points

• Shares fell 7.2% to $115.92 on Tuesday, trading on very light volume (179 shares, ~68% below the average) and sitting below both the 50‑day ($134.53) and 200‑day ($148.63) moving averages.
• Formula Systems trades at a low valuation (market cap $1.80B, P/E 3.07) and reported strong quarterly results — EPS $35.03 on $708.38M revenue with a net margin of 20.9%.
• Analyst coverage is limited and cautious (average rating: Hold), while institutional investors own about 34.8% of the stock and several funds have recently added positions.

Formula Systems (1985) Ltd. (NASDAQ:FORTY - Get Free Report) shares traded down 7.2% during trading on Tuesday . The stock traded as low as $115.92 and last traded at $115.92. 179 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 568 shares. The stock had previously closed at $124.95.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Formula Systems (1985) in a research report on Friday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".

Formula Systems (1985) Price Performance

The company has a market capitalization of $1.80 billion, a P/E ratio of 3.07 and a beta of 1.13. The business's 50-day simple moving average is $134.53 and its 200 day simple moving average is $148.63. The company has a current ratio of 1.63, a quick ratio of 1.61 and a debt-to-equity ratio of 0.07.

Formula Systems (1985) (NASDAQ:FORTY - Get Free Report) last posted its quarterly earnings data on Thursday, March 26th. The technology company reported $35.03 earnings per share (EPS) for the quarter. Formula Systems (1985) had a net margin of 20.89% and a return on equity of 3.24%. The business had revenue of $708.38 million during the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FORTY. Raymond James Financial Inc. acquired a new position in shares of Formula Systems (1985) in the 2nd quarter worth approximately $73,000. Elevation Point Wealth Partners LLC purchased a new position in Formula Systems (1985) during the 2nd quarter worth approximately $222,000. CX Institutional purchased a new position in Formula Systems (1985) during the 3rd quarter worth approximately $398,000. GHP Investment Advisors Inc. raised its stake in Formula Systems (1985) by 10.8% during the 3rd quarter. GHP Investment Advisors Inc. now owns 7,716 shares of the technology company's stock valued at $1,082,000 after purchasing an additional 755 shares during the period. Finally, Altshuler Shaham Ltd lifted its holdings in shares of Formula Systems (1985) by 30.8% in the fourth quarter. Altshuler Shaham Ltd now owns 7,015 shares of the technology company's stock valued at $1,182,000 after purchasing an additional 1,650 shares in the last quarter. 34.76% of the stock is owned by institutional investors and hedge funds.

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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