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Stock Ratings / Technology / FORTY / insiders
EVTC (66) STNE (46) INFQ (26) PONY (22) ⌘ Pro Terminal →

Formula Systems (1985) Ltd. (FORTY) Insider, 13F Hedge Fund & Politician Buy/Sell Thermometer

$122.00 0.00% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $121.77

Formula Systems (1985) Ltd. (FORTY) carries a Roarable Rating of D+ (Sell) with 52/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record: Scores of 52/100 (D+) historically posted market-perform odds over rolling 90-day windows (-1.1% avg 90D alpha vs SPY) →
ROARABLE D+ • SELL / AVOID Cap $1.87B
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on FORTY Below — or Connect Your Own ChatGPT / Claude
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is FORTY stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
▼

As of 2026-11-03, Formula Systems (1985) Ltd. (NASDAQ: FORTY) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 52/100 at a spot price of $122.00 (0.00% 1D, market cap $1.87B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 9/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 9/20, and SEC Balance-Sheet Forensics 9/20. Across 714 tracked Technology issuers, FORTY ranks #317 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does FORTY compare to EVTC and STNE in the Technology sector?
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Within the Technology sector (EDP Services), FORTY carries a Roarable D+ (52/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of —. By comparison, EVTC (Evertec Inc.) holds a C+ grade (66/100 RQD, P/E 12.8x, ROIC 10.8%, cap $1.88B) and STNE (StoneCo Ltd. (Class A)) posts a D grade (46/100 RQD, P/E N/A, ROIC —, cap $1.91B). Among the 5-stock peer group, EVTC leads on earnings multiple (12.8x) while EVTC leads on capital efficiency (10.8% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for FORTY?
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For Formula Systems (1985) Ltd. (FORTY), key quantitative strengths include Established market leader in Technology with deep daily trading liquidity. and sector rank #317 in Technology, while primary risk factors center on Company executives have done more routine share selling than personal cash buying lately. and Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $121.77 (-0.19%)🧬 Disciplined Float (-0.40% YoY Shares)⚙️ Cash Engine: 12/20 (C-) • 1.3% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record: Scores of 52/100 (D+) historically posted market-perform odds over rolling 90-day windows (-1.1% avg 90D alpha vs SPY • 50.1% hit rate — wait for RQD ≥ 70 breakout).
Audit Bucket Track Record →
RQD QUANT TACHOMETERSELL / AVOID • D+
025507510052
JEV AI Jury Split (Battleground)
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D · Rk D+
Cash (12)Whales (9)SEC (13)Macro (9)CEO (9)
Each axis scored 0–20
12M PRICE TARGET CONE-2.7% Base Target
$200 Bull$119 Base$93 Bear
📬 FREE FORTY RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for FORTY)Realized 20D OHLCV Swing Band: ±2.1%
Deterministic 5-Pillar Attribution (52/100 Composite)
🔍 WHY FORTY SCORES 52/100 (D+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: SEC 10-K Forensic Risk+13/20 pts (25% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9

▲ #2 Bullish Driver: Cash Engine Quality+12/20 pts (23% of score)

SEC XBRL Trailing 12 Months: 1.3% FCF Margin ($52.3M FCF) & 52% Gross Margin

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution9/20 pts (-11 pt drag)

Disciplined Float (-0.40% YoY Shares) & executive Form 4 sales trim 11 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
44
Grade D$111.50+5% Next Q
Q2 (-2Q)
47
Grade D$117.08+9.3% Next Q
Q3 (-1Q)
49
Grade D$127.99-4.7% Next Q
Current
52
Grade D+$122.00-1.1% Hist 90D α
Trajectory: D (44) → D+ (52)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a FORTY Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While FORTY currently carries a cautious 52/100 (D+) rating due to Insider Conviction & Share Dilution (9/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Technology with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($120.09) and Max Pain ($128.10) forces dealer call-delta covering toward $200.09.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (-0.40% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $FORTY• $4.8M Crowd Pool • Kalshi / Polymarket Composite
Contract: “FORTY Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”
YES 52%NO 48%Trade / Inspect Odds →
SEC FORM 4 × 13F HEDGE FUNDS × CONGRESSIONAL STOCK ACT

FORTY Smart-Money Thermometer: BALANCED INSTITUTIONAL POSITIONING

Explore All 13F & Congress Whales →
▲ Disclosed Buys: 0 ($0)▼ Disclosed Sales: 0 ($0)

Wide-Open SEC Form 4, 13F & Congressional Disclosure Ledger (FORTY)

No recent open-market Form 4 cluster sales or emergency dumps flagged on FORTY. Visit the Global 13F & Congressional Whale Ledger for cross-market smart-money filings.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring FORTY)

  • ✓Walkthrough of FORTY's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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Join Founding VIP Waitlist (No Card Required) →$100K Arena
FORTY // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -7.91%▲ ASCENDING TRIANGLE
2026-11-03O $122.0H $122.0L $122.0C $122.0VOL 32
RES: $130.1SUP: $112.9SMA50: $120.1SMA200: $124.2
$152.8$139.1$125.3$111.5$97.74RES $130.1SUP $112.9$122.02026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

FORTY Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 FORTY Butterfly Map → + Track FORTY →
Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
8.0%/yr Implied 5Y Growth

vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on FORTY today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for FORTY. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for FORTY today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (FORTY)

Technology Rank #317 of 714 ⚔️ EVTC vs FORTY Full Matrix →

1. Head-to-Head Technology Peer Comparison (FORTY vs. EVTC, STNE, INFQ, PONY)

Industry: EDP Services (163 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, Formula Systems (1985) Ltd. (FORTY) ranks #317 by composite RQD confidence (52/100, grade D+) and #299 by equity capitalization ($1.87B). Within this direct 5-issuer industry benchmark cohort, EVTC leads on earnings valuation at 12.8x trailing P/E, while EVTC leads on capital efficiency and profitability with 10.8% ROIC and — gross margin. EVTC currently holds the highest overall quantitative score in the immediate peer group at 66/100 (C+) compared with FORTY at 52/100 (D+).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
FORTY ACTIVE
Formula Systems (1985) Ltd.
D+ 52/100 — — — 0.00% $1.87B Benchmark Subject
EVTC
Evertec Inc.
C+ 66/100 12.8x — 10.8% +1.61% $1.88B /evtc-vs-forty →
STNE
StoneCo Ltd. (Class A)
D 46/100 — — — -3.12% $1.91B /stne-vs-forty →
INFQ
Infleqtion Inc.
E 26/100 — 36.6% -26.6% -5.83% $2.00B /infq-vs-forty →
PONY
Pony AI Inc.
E 22/100 — 15.7% -15.2% -5.69% $2.01B /pony-vs-forty →

2. FORTY Fundamental Profitability, Capital Efficiency & Balance-Sheet Forensics

TRAILING 12M & FORWARD QUANTITATIVE SNAPSHOT

Formula Systems (1985) Ltd. (FORTY) operates in EDP Services (Technology) with an equity capitalization of $1.87B, trailing P/E of N/A, forward P/E of N/A, and EV/EBITDA of N/A. Operating profitability registers a gross margin of —, operating margin of —, net profit margin of —, ROIC of —, and free cash flow yield of —, alongside an Altman Z-Score of N/A and Piotroski F-Score of N/A.

3. FORTY Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is FORTY stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, Formula Systems (1985) Ltd. (NASDAQ: FORTY) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 52/100 at a spot price of $122.00 (0.00% 1D, market cap $1.87B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 9/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 9/20, and SEC Balance-Sheet Forensics 9/20. Across 714 tracked Technology issuers, FORTY ranks #317 in composite RQD confidence.

How does FORTY compare to EVTC and STNE in the Technology sector?

Within the Technology sector (EDP Services), FORTY carries a Roarable D+ (52/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of —. By comparison, EVTC (Evertec Inc.) holds a C+ grade (66/100 RQD, P/E 12.8x, ROIC 10.8%, cap $1.88B) and STNE (StoneCo Ltd. (Class A)) posts a D grade (46/100 RQD, P/E N/A, ROIC —, cap $1.91B). Among the 5-stock peer group, EVTC leads on earnings multiple (12.8x) while EVTC leads on capital efficiency (10.8% ROIC).

What are the biggest fundamental strengths and SEC risk factors for FORTY?

For Formula Systems (1985) Ltd. (FORTY), key quantitative strengths include Established market leader in Technology with deep daily trading liquidity. and sector rank #317 in Technology, while primary risk factors center on Company executives have done more routine share selling than personal cash buying lately. and Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is FORTY trading relative to its 50-day, 200-day, and 52-week technical levels?

FORTY last traded at $122.00 (0.00% on volume of 32 shares), positioning the stock +1.59% above its 50-day simple moving average ($120.09) and -1.78% below its 200-day simple moving average ($124.21). Across its 52-week range of $102.01 to $190.56, FORTY sits at the 22.6% percentile with a 14-day RSI of 54.6 (NEUTRAL RANGE) and an implied next-earnings move of ±2.1% ($119.44 to $124.56).

FORTY Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Are FORTY insiders and hedge funds buying or selling?

Roarable's SEC Form 4 and 13F Whale Thermometer currently classifies FORTY leadership and institutional positioning as: BALANCED INSTITUTIONAL POSITIONING.

Direct Sub-Reports: FORTY RQD Cockpit FORTY 12M Forecast FORTY Earnings & Move FORTY Dividends & DRIP FORTY Insiders & 13F FORTY Whale Options FORTY Profit Sankey FORTY News & Why
ROARABLE RATING BRIEF • RQD 52/100 (D+) ✓ STAGE-C NUMBER FIREWALL VERIFIED

FORTY — Formula Systems (1985) Ltd.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T14:13:03Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, FORTY scores 52 out of 100, a letter grade of D+, with the verdict label "Roarable Sell — Weak Fundamentals / Trim." The five pillars are: Fundamental Cash Engine 12/20 (ROIC 0%; FCF yield 0%); Whale 13F Flow 9/20 (institutional accumulation and options positioning); Insider Conviction 9/20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit 9/20 (Beta 1.0; sector sensitivity); and Forensic Balance Sheet 13/20 (Altman Z 2.5; Piotroski F 6/9; Debt/Equity 0.5).

For a prospective investor, the cash-engine pillar is the weakest link in the framework: the rating records a 0% ROIC and 0% FCF yield, meaning the scoring provides no evidence of current cash generation to support the valuation. The forensic balance-sheet pillar is the strongest, with a Piotroski F-Score of 6/9 and a Debt/Equity of 0.5 indicating a moderate leverage posture. Flow and insider pillars each score 9/20, signaling limited conviction signals. Macro regime fit at Beta 1.0 implies the stock moves in line with the broader market rather than offering a differentiated risk profile. Upside drivers would need to come from fundamental improvement not yet visible in the source data; valuation tradeoffs cannot be assessed because the multiples are unavailable. This is educational analysis, not personalized financial advice.

Recent Catalysts & News Wire Analysis

Per the recent news and catalysts feed, six items relate to FORTY, all sourced from aggregated market-wire reports (TradingView, MarketBeat, Stock Traders Daily). Five are flagged YELLOW under the MARKET WIRE category, reporting on gap-up moves, a short-interest increase, and institutional positioning commentary. One item is flagged RED under RISK WATCH, a Stock Traders Daily piece on risk channels and responsive allocation. Headlines cite a short-interest rise of 3,203.3% in October and a gap-up in the stock, but the feed does not provide the underlying data behind these claims, and the summaries are generic. No proprietary catalyst signals are present.

Open Questions

  • What are the company's reported revenues, earnings, and free cash flow across recent periods, given that the financials section is empty?
  • What drives the 0% ROIC and 0% margins, and is this a data gap or an operating reality?
  • Who are the institutional holders and insiders, and what are their recent position changes?
  • What does the short-interest increase referenced in the news feed represent in actual share terms, and is it verified?
  • What products and customers generate the company's revenue within EDP Services?

FORTY Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Formula Systems (1985) Ltd. (FORTY) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to FORTY Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

FORTY Bull vs. Bear Conversation Board — What's Your Call at $122.00?

🐂 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON FORTY 🐻 50% BEARISH CONVICTION
1. Pick Your Side on FORTY:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk ⚖️ DEBATE HOST 🎯 Target: $131.76 (+8.0%)
📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is FORTY (D+ • RQD 52/100) a Buy at $122.00?

Welcome to the FORTY (Formula Systems (1985) Ltd.) Roar Pit. Current RQD Composite is 52/100 (Roarable Sell — Weak Fundamentals / Trim) in EDP Services. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

SH ShortSeller_Dan Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $98.82 (-19.0%)
Spot @ $122.00

Pump the brakes on FORTY — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on FORTY, but look at what you are paying: current EV/EBITDA multiples with tightening sector spreads. Unless Formula Systems (1985) Ltd. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

SI SiliconVal_Bull Verified K Arena Trader 🐂 BULLISH 🎯 Target: $148.84 (+22.0%)
Spot @ $122.00

FORTY cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on FORTY, the market is fixating on short-term headline noise in EDP Services and ignoring the balance sheet and cash flow trajectory. At $122.00 (52-wk range $102.01 - $190.56), any beat on forward guidance forces shorts and underweight funds to chase.

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