FORTY Formula Systems Dashboard

Formula Systems (1985) Ltd. engages in the provision of software solutions and IT professional services. It also engages in the provision of software product marketing and support, computer infrastructure and integration solutions and learning and integration. The company was founded on April 2, 1985 and is headquartered in Or Yehuda, Israel.

Company profile

Ticker

FORTY

Exchange

NASDAQ

Website

www.formulasystems.com/

CEO

Guy Bernstein

Incorporated

Israel

Location

Israel

Fiscal year end

Dec 31

Sector

Information > Data Processing, Hosting, and Related Services

Industry (SIC)

Services - Computer Programming Services

Cognizant Technology Solutions • Amdocs • Verisign • Compass • Realnetworks • Sogou • Aspen Technology • Synchronoss • Monotype Imaging • BTRS ...

Former names

FORMULA SYSTEMS \1985\ LTD

SEC CIK

0001045986

FORTY stock data

S&P 500

1M 1Y 2Y 5Y

News

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Formula Systems Clocks Record Q1 Earnings

20 May 21

Formula Systems (1985) Q1 EPS $0.80 Up From $0.71 YoY, Sales $572.60M Up From $466.27M YoY

20 May 21

Formula Systems (1985) (NASDAQ:FORTY) reported quarterly earnings of $0.80 per share. This is a 12.68 percent increase over earnings of $0.71 per share from the same period last year. The company reported $572.60

Press releases

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Formula Systems Reports First Quarter 2021 Financial Results: Record-Breaking Results With Double Digit Growth Across All Key Financial Indices

20 May 21

OR YEHUDA, Israel, May 20, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ:FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software

Calendar

17 May 21

1 Aug 21

31 Dec 21

Financial summary

Financial statements Chart FORTY financial data

Quarter (USD)	Dec 20	Dec 19	Dec 18	Dec 17
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Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
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Cash on hand
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Diluted EPS

Financial data from company earnings reports.

Institutional ownership Q1 2021

FORTY institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

5.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	10	5	+100.0%
Opened positions	9	5	+80.0%
Closed positions	4	7	-42.9%
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	75.3M	378.65M	-80.1%
Total shares	879.75K	4.43M	-80.1%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Yelin Lapidot Holdings Management	855.4K	$73.14M	0.0%
GHP Investment Advisors	6.96K	$618K	NEW
TFG Advisers	6.17K	$547K	NEW
Mount Yale Investment Advisors	4.37K	$388K	NEW
Fulton Bank, N.a.	2.74K	$243K	NEW
FMR	1.34K	$122K	NEW
MS Morgan Stanley	1.19K	$106K	NEW
BAC Bank Of America	1.03K	$91K	NEW
BLK Blackrock	314	$28K	NEW
UBS UBS Group AG - Registered Shares	249	$22K	NEW

Largest transactions	Shares	Bought/sold	Change
Harel Insurance Investments & Financial Services	0	-1.33M	EXIT
Menora Mivtachim	0	-1.13M	EXIT
Clal Insurance Enterprises	0	-1.02M	EXIT
PXGPE Phoenix	0	-95.95K	EXIT
GHP Investment Advisors	6.96K	+6.96K	NEW
TFG Advisers	6.17K	+6.17K	NEW
Mount Yale Investment Advisors	4.37K	+4.37K	NEW
Fulton Bank, N.a.	2.74K	+2.74K	NEW
FMR	1.34K	+1.34K	NEW
MS Morgan Stanley	1.19K	+1.19K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Microsoft • Adobe • Dell • Progress Software • Pegasystems • Amdocs • HMS • Oracle • Mulesoft • Accenture

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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Removed: analyst, Atlanta, begun, borrowed, buyer, cautioned, classifying, Colorado, communicate, continual, County, Denver, determinable, digitize, eleven, exposing, factoring, guaranteeing, HANA, Haplada, inability, invoiced, Knesset, knowledgeprice, KPI, Latvian, Lisbon, MISMO, negotiating, objectively, occurring, overdue, Ovum, physically, Portugal, protocol, Reassessment, retraining, retrospectively, ServiceMax, servicesandmanaged, speak, Spotlight, standardized, Stingray, strain, Supreme, transitioned, undelivered, undue, verified, wider

From filing 20-F 2020 FY