Formula Systems (1985) Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of FORTY?
Owner Type	Number of Shares	Ownership Percentage
General Public	415,783	2.71%
Individual Insiders	1,854,806	12.1%
Public Companies	3,958,164	25.8%
Institutions	9,103,914	59.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 96.78% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
25.8%	Asseco Poland S.A.	3,958,164	₪1.2b	0%	no data
12.7%	Yelin Lapidot Holdings Ltd.	1,952,039	₪607.5m	0%	5.79%
11.7%	Guy Bernstein	1,797,973	₪559.5m	0%	no data
10.5%	Clal Financial Management Ltd	1,611,764	₪501.6m	0%	1.1%
8.66%	Harel Insurance Investments and Finances Services Ltd, Asset Management Arm	1,328,268	₪413.4m	0%	1.15%
7.1%	Menora Mivtachim Provident Funds	1,088,760	₪338.8m	0%	0.46%
6.92%	Phoenix Investments & Finances Ltd	1,061,125	₪330.2m	-0.95%	0.7%
4.94%	Meitav Investment House Ltd	757,576	₪235.8m	0%	0.51%
2.19%	The Vanguard Group, Inc.	336,208	₪104.6m	0.59%	no data
1.43%	More Investment House Ltd.	218,728	₪68.1m	2.24%	0.57%
1.29%	Migdal Mutual Funds Ltd.	198,007	₪61.6m	8.36%	0.13%
1.09%	Dimensional Fund Advisors LP	167,384	₪52.1m	-4.17%	no data
0.66%	BlackRock, Inc.	101,633	₪31.6m	2.98%	no data
0.27%	Psagot Mutual Funds Ltd.	42,098	₪13.1m	-11.7%	0.24%
0.22%	Charles Schwab Investment Management, Inc.	34,152	₪10.6m	2.55%	no data
0.21%	Asaf Berenstin	31,833	₪9.9m	0%	no data
0.16%	Maya Solomon-Ella	25,000	₪7.8m	0%	no data
0.16%	I.B.I Mutual Funds Management (1978) Ltd.	24,387	₪7.6m	20.6%	0.19%
0.16%	I.B.I. Investment House Ltd	24,231	₪7.5m	-3.16%	3.29%
0.1%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	15,831	₪4.9m	-47%	no data
0.096%	Psagot Index Funds Ltd	14,719	₪4.6m	-8.89%	0.04%
0.088%	Norges Bank Investment Management	13,528	₪4.2m	0%	no data
0.086%	Analyst I.M.S. Investment Management Services Ltd	13,150	₪4.1m	-8.65%	0.04%
0.077%	Altshuler Shaham Ltd.	11,870	₪3.7m	-11.6%	0.04%
0.065%	UBS Asset Management AG	9,920	₪3.1m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 04:31
End of Day Share Price	2024/12/26 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Formula Systems (1985) Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution