FORTY Formula Systems

Formula Systems (1985) Ltd. engages in providing software solutions and IT professional services, 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 in

Israel

Location

Israel

Fiscal year end

Dec 31

Sector

Technology Services > Information Technology Services

Industry (SEC)

Services - Computer Programming Services

Cognizant Technology Solutions • Amdocs • VeriSign • Synchronoss • EPAM Systems • Sogou • Virtusa • Perficient • Perion Network • Monotype Imaging ...

Former names

Formula Systems \1985\ LTD

SEC CIK

0001045986

FORTY stock data

S&P 500

1M 1Y 2Y 5Y

FINRA relative short interest over last month (20 trading days) ?

Company financial data Financial data

Chart FORTY financial data

Annual (USD)	Dec 15	Dec 14
Revenue	750.56M	636.42M
Net income	73.71M	80.83M
Diluted EPS	5	5.59
Net profit margin	9.82%	12.70%
Operating income	46.59M	35.04M
Net change in cash	25.19M
Cash on hand	132.6M	107.42M
Cost of revenue	601.75M	530.08M

Financial data from company earnings reports

Institutional ownership Q3 2019

FORTY institutional ownership history Ownership history

0.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	7	8	-12.5%
Opened positions	1	1	–
Closed positions	2	0	+Infinity%
Increased positions	3	0	+Infinity%
Reduced positions	1	2	-50.0%

13F shares	Current	Prev Q	Change
Total value	1.01M	630K	+60.6%
Total shares	16.16K	11.54K	+40.0%
Total puts	0	0	–
Total calls	0	0	–
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Mount Yale Investment Advisors	7.41K	$463K	-2.1%
GHP Investment Advisors	5.46K	$343K	NEW
MS Morgan Stanley	1.36K	$84K	+0.3%
BAC Bank of America	1K	$63K	+0.1%
UBS UBS	929	$59K	+56.1%
WFC Wells Fargo & Co.	0	$0
Proequities	0	$0

Largest transactions	Shares	Bought/sold	Change
GHP Investment Advisors	5.46K	+5.46K	NEW
Altshuler Shaham	0	-1K	EXIT
UBS UBS	929	+334	+56.1%
Mount Yale Investment Advisors	7.41K	-156	-2.1%
Tower Research Capital	0	-30	EXIT
MS Morgan Stanley	1.36K	+4	+0.3%
BAC Bank of America	1K	+1	+0.1%
WFC Wells Fargo & Co.	0	0
Proequities	0	0

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

Financial report summary

Competition

Oracle Systems • Microsoft • Adobe • Dell • Progress Software • Lenovo • Pegasystems • Software • Ericsson • Amdocs

Content analysis ?

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

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From filing 20-F 2018 FY