Formula Systems (1985) (NASDAQ:FORTY) Shares Gap Down – Should You Sell?

Posted by George Bondi on Jul 17th, 2026

Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $111.03, but opened at $106.80. Formula Systems (1985) shares last traded at $106.80, with a volume of 479 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Formula Systems (1985) in a research report on Friday, March 27th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on Formula Systems (1985)

Formula Systems (1985) Stock Up 1.1%

The business has a 50-day simple moving average of $123.10 and a 200-day simple moving average of $133.86. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.66 and a current ratio of 1.68. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 2.75 and a beta of 1.21.

Formula Systems (1985) (NASDAQ:FORTY – Get Free Report) last issued its earnings results on Thursday, May 28th. The technology company reported $2.25 earnings per share for the quarter. Formula Systems (1985) had a net margin of 21.58% and a return on equity of 4.01%. The firm had revenue of $738.28 million for the quarter.

Formula Systems (1985) Announces Dividend

The firm also recently declared a special dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 22nd were paid a $13.045 dividend. The ex-dividend date was Friday, May 22nd. Formula Systems (1985)’s dividend payout ratio (DPR) is currently 1.88%.

Hedge Funds Weigh In On Formula Systems (1985)

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FORTY. Altshuler Shaham Ltd grew its position in shares of 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 buying an additional 1,650 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Formula Systems (1985) in the first quarter valued at approximately $206,000. Dimensional Fund Advisors LP increased 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 acquiring an additional 86 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Formula Systems (1985) in the second quarter valued at about $73,000. 34.76% of the stock is owned by institutional investors and hedge funds.

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.