Formula Systems (1985) (NASDAQ:FORTY) Sees Large Volume Increase – Time to Buy?

Posted by George Bondi on Jun 10th, 2026

Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 830 shares traded hands during mid-day trading, an increase of 42% from the previous session’s volume of 583 shares.The stock last traded at $118.13 and had previously closed at $121.50.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Formula Systems (1985) in a research note on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on FORTY

Formula Systems (1985) Price Performance

The stock has a 50 day simple moving average of $133.18 and a two-hundred day simple moving average of $144.78. The firm has a market cap of $1.80 billion, a PE ratio of 2.99 and a beta of 1.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.66 and a current ratio of 1.68.

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

Formula Systems (1985) Announces Dividend

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

Hedge Funds Weigh In On Formula Systems (1985)

Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new position in shares of Formula Systems (1985) in the 2nd quarter valued at about $73,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Formula Systems (1985) during the 1st quarter worth approximately $206,000. Dimensional Fund Advisors LP boosted its holdings in shares of Formula Systems (1985) by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,315 shares of the technology company’s stock worth $391,000 after purchasing an additional 86 shares during the last quarter. Finally, Altshuler Shaham Ltd boosted its holdings in shares of Formula Systems (1985) by 10.4% during the 1st quarter. Altshuler Shaham Ltd now owns 7,742 shares of the technology company’s stock worth $926,000 after purchasing an additional 727 shares during the last quarter. Hedge funds and other 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.