Formula Systems (1985) (NASDAQ:FORTY) Shares Gap Down – Here’s Why

Posted by Geri Gentry on Jun 7th, 2026

Shares of Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $138.25, but opened at $126.00. Formula Systems (1985) shares last traded at $126.00, with a volume of 228 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Formula Systems (1985) in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Formula Systems (1985) presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on Formula Systems (1985)

Formula Systems (1985) Stock Performance

The stock has a 50 day simple moving average of $133.16 and a 200 day simple moving average of $145.29. The company has a current ratio of 1.68, a quick ratio of 1.66 and a debt-to-equity ratio of 0.12. The stock has a market cap of $1.93 billion, a P/E ratio of 3.21 and a beta of 1.17.

Formula Systems (1985) (NASDAQ:FORTY – Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $2.25 EPS for the quarter. Formula Systems (1985) had a return on equity of 4.01% and a net margin of 21.58%.The firm had revenue of $738.29 million for the quarter.

Formula Systems (1985) Dividend Announcement

The business also recently disclosed a special dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 22nd will be paid a dividend of $13.045 per share. The ex-dividend date is Friday, May 22nd. Formula Systems (1985)’s dividend payout ratio (DPR) is 27.55%.

Hedge Funds Weigh In On Formula Systems (1985)

A number of hedge funds have recently added to or reduced their stakes in FORTY. Dimensional Fund Advisors LP boosted its holdings in shares of Formula Systems (1985) by 2.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,315 shares of the technology company’s stock valued at $391,000 after purchasing an additional 86 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Formula Systems (1985) in the 2nd quarter valued at $73,000. Altshuler Shaham Ltd boosted its holdings in shares of Formula Systems (1985) by 10.4% in the 1st quarter. Altshuler Shaham Ltd now owns 7,742 shares of the technology company’s stock valued at $926,000 after purchasing an additional 727 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Formula Systems (1985) in the 1st quarter valued at $206,000. Institutional investors own 34.76% of the company’s stock.

Formula Systems (1985) Company Profile

(Get Free Report)

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.