Fortinet Stock Price, News & Analysis (NASDAQ:FTNT)

$42.65 0.47 (1.11 %)
(As of 12/13/2017 04:00 PM ET)
Previous Close$42.18
Today's Range$42.21 - $43.08
52-Week Range$28.50 - $43.08
Volume1.24 million shs
Average Volume1.70 million shs
Market Capitalization$7.42 billion
P/E Ratio76.76
Dividend YieldN/A
Beta0.92

About Fortinet (NASDAQ:FTNT)

Fortinet logoFortinet, Inc. is a network security company. The Company provides cyber security solutions to a range of enterprises, service providers and government organizations across the world. Its network security solution consists of FortiGate physical, virtual machine and cloud platforms, which provide integrated security and networking functions to protect data, applications and users from network-and content-level security threats. The Company's product offerings consist of its FortiGate product family, along with its FortiManager central management and FortiAnalyzer central logging and reporting product families. Its cybersecurity platform includes a range of products, which include its FortiMail e-mail security, FortiSandbox advanced threat protection (ATP), FortiWeb Web application firewall, FortiDDos and FortiDB database security appliances, as well as its FortiClient endpoint security software, FortiAP secure wireless access points and FortiSwitch secure switch connectivity products.

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Industry, Sector and Symbol

Industry IT Services & Consulting
Sub-IndustrySystems Software
SectorTechnology
SymbolNASDAQ:FTNT
CUSIP34959E10
Phone+1-408-2357700

Debt

Debt-to-Equity RatioN/A
Current Ratio1.81%
Quick Ratio1.73%

Price-To-Earnings

Trailing P/E Ratio76.76
Forward P/E Ratio88.85
P/E Growth5.2

Sales & Book Value

Annual Sales$1.28 billion
Price / Sales5.82
Cash Flow$0.58 per share
Price / Cash73.46
Book Value$4.84 per share
Price / Book8.81

Profitability

Trailing EPS$0.48
Net Income$32.18 million
Net Margins5.93%
Return on Equity10.92%
Return on Assets4.24%

Miscellaneous

Employees4,665
Outstanding Shares173,900,000

Fortinet (NASDAQ:FTNT) Frequently Asked Questions

What is Fortinet's stock symbol?

Fortinet trades on the NASDAQ under the ticker symbol "FTNT."

How will Fortinet's stock buyback program work?

Fortinet declared that its board has authorized a stock repurchase plan on Friday, October 27th 2017, which permits the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

How were Fortinet's earnings last quarter?

Fortinet, Inc. (NASDAQ:FTNT) released its earnings results on Thursday, October, 26th. The software maker reported $0.28 EPS for the quarter, beating the consensus estimate of $0.23 by $0.05. The software maker had revenue of $374.20 million for the quarter, compared to analyst estimates of $370.67 million. Fortinet had a return on equity of 10.92% and a net margin of 5.93%. Fortinet's revenue for the quarter was up 18.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.18 earnings per share. View Fortinet's Earnings History.

When will Fortinet make its next earnings announcement?

Fortinet is scheduled to release their next quarterly earnings announcement on Wednesday, January, 31st 2018. View Earnings Estimates for Fortinet.

What guidance has Fortinet issued on next quarter's earnings?

Fortinet updated its fourth quarter earnings guidance on Thursday, October, 26th. The company provided EPS guidance of $0.28-0.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.28. The company issued revenue guidance of $404-412 million, compared to the consensus revenue estimate of $416.95 million.

Where is Fortinet's stock going? Where will Fortinet's stock price be in 2017?

18 equities research analysts have issued twelve-month price objectives for Fortinet's stock. Their predictions range from $33.00 to $50.00. On average, they anticipate Fortinet's stock price to reach $44.24 in the next twelve months. View Analyst Ratings for Fortinet.

What are Wall Street analysts saying about Fortinet stock?

Here are some recent quotes from research analysts about Fortinet stock:

  • 1. According to Zacks Investment Research, "Fortinet reported better-than-expected third-quarter 2017 results. The year over year comparisons were also favorable on both the counts. Notably, Fortinet has outperformed the industry on YTD basis. Going ahead, we believe that the company’s strategy of focusing on selling subscription-based services will enable it to generate more stable revenues and help in expanding margins. Furthermore, acquisitions are a major positive for Fortinet as these help it to strengthen its product portfolio and capabilities, thereby boosting its top-line performance. Nonetheless, we are slightly concerned over the company’s declining revenue growth rate. Notably, over the last five quarters, the company’s revenue growth rates have been around 20%, which are significantly lower than its previous rates of over 30%. Also, a tepid Q4 guidance and downbeat revenue outlook for full year makes us slightly cautious about its near-term performance." (10/31/2017)
  • 2. Robert W. Baird analysts commented, "We believe expectations were somewhat elevated coming into the print. Management called out delays in Telco Service Provider offset but positive trends in Enterprise." (7/27/2017)
  • 3. Evercore ISI analysts commented, "We believe most segments performed well with the exception of service providers. The company maintained its long-term margin targets (25% by 2022) which remain unaccompanied by growth metrics. FTNT’s board doubled the share repurchase authorization through Jan. 2019, which we view as a positive. We believe the company continues to execute on its push to shift its business towards ratable revenue which should make the topline more predictable and serve as a tailwind to margin expansion. The lack of clarity around the long-term business model remains an overhang that in combination with potentially tough guidance for the remainder of the year should keep the stock range bound in the near-term." (7/27/2017)

Who are some of Fortinet's key competitors?

Who are Fortinet's key executives?

Fortinet's management team includes the folowing people:

  • Ken Xie, Chairman of the Board, Chief Executive Officer, Founder (Age 54)
  • Michael Xie, President, Founder, Chief Technology Officer, Director (Age 48)
  • Andrew H. Del Matto, Chief Financial Officer (Age 58)
  • Patrice Perche, Senior Executive Vice President, Worldwide Sales and Support
  • John Maddison, Senior Vice President of Products and Solutions
  • Lisa McGill, Senior Vice President of People (Age 49)
  • Keith F. Jensen, Chief Accounting Officer (Age 57)
  • John Lunsford Whittle J.D., Vice President - Corporate Development, General Counsel, Corporate Secretary (Age 47)
  • Christopher B. Paisley, Lead Independent Director (Age 64)
  • Peter Dale Cohen Jr., Director

Who owns Fortinet stock?

Fortinet's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Ameriprise Financial Inc. (2.53%), Bank of New York Mellon Corp (2.16%), Wasatch Advisors Inc. (1.29%), Pictet Asset Management Ltd. (1.02%), Westfield Capital Management Co. LP (0.86%) and Jennison Associates LLC (0.81%). Company insiders that own Fortinet stock include Christopher B Paisley, John Whittle, Keith Jensen, Ken Xie, Matto Andrew H Del, Michael Xie and Ming Hsieh. View Institutional Ownership Trends for Fortinet.

Who sold Fortinet stock? Who is selling Fortinet stock?

Fortinet's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Jennison Associates LLC, Hodges Capital Management Inc., Oak Ridge Investments LLC, Picton Mahoney Asset Management, Smith Asset Management Group LP, First Trust Advisors LP and Allianz Asset Management GmbH. Company insiders that have sold Fortinet company stock in the last year include Christopher B Paisley, John Whittle, Keith Jensen, Ken Xie, Matto Andrew H Del, Michael Xie and Ming Hsieh. View Insider Buying and Selling for Fortinet.

Who bought Fortinet stock? Who is buying Fortinet stock?

Fortinet's stock was bought by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Pictet Asset Management Ltd., Bank of New York Mellon Corp, Cornerstone Capital Management Holdings LLC., Ameriprise Financial Inc., Gluskin Sheff & Assoc Inc., Point72 Asset Management L.P. and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. View Insider Buying and Selling for Fortinet.

How do I buy Fortinet stock?

Shares of Fortinet can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fortinet's stock price today?

One share of Fortinet stock can currently be purchased for approximately $42.65.

How big of a company is Fortinet?

Fortinet has a market capitalization of $7.42 billion and generates $1.28 billion in revenue each year. The software maker earns $32.18 million in net income (profit) each year or $0.48 on an earnings per share basis. Fortinet employs 4,665 workers across the globe.

How can I contact Fortinet?

Fortinet's mailing address is 899 Kifer Rd, SUNNYVALE, CA 94086-5205, United States. The software maker can be reached via phone at +1-408-2357700 or via email at [email protected]


MarketBeat Community Rating for Fortinet (FTNT)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  744 (Vote Outperform)
Underperform Votes:  472 (Vote Underperform)
Total Votes:  1,216
MarketBeat's community ratings are surveys of what our community members think about Fortinet and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Fortinet (NASDAQ:FTNT) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.672.712.682.75
Ratings Breakdown: 1 Sell Rating(s)
8 Hold Rating(s)
21 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
7 Hold Rating(s)
23 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
8 Hold Rating(s)
22 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
8 Hold Rating(s)
24 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $41.61$41.25$41.00$39.59
Price Target Upside: 1.45% downside2.87% upside7.22% upside4.34% upside

Fortinet (NASDAQ:FTNT) Consensus Price Target History

Price Target History for Fortinet (NASDAQ:FTNT)

Fortinet (NASDAQ:FTNT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/12/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$50.00LowView Rating Details
10/27/2017BMO Capital MarketsLower Price TargetOutperform$46.00 -> $45.00N/AView Rating Details
10/27/2017Piper Jaffray CompaniesReiterated RatingBuy$46.00N/AView Rating Details
10/27/2017Evercore ISIReiterated RatingHold$38.00N/AView Rating Details
10/24/2017KeyCorpReiterated RatingBuy$46.00N/AView Rating Details
10/18/2017Deutsche BankUpgradeHold -> Buy$36.00 -> $48.00N/AView Rating Details
10/5/2017OppenheimerReiterated RatingBuy$45.00N/AView Rating Details
9/12/2017Stifel NicolausReiterated RatingHold$42.00LowView Rating Details
9/8/2017CowenReiterated RatingBuy$43.00LowView Rating Details
9/5/2017Credit Suisse GroupInitiated CoverageUnderperform -> Underperform$33.00HighView Rating Details
7/28/2017Royal Bank of CanadaReiterated RatingHold$42.00MediumView Rating Details
7/27/2017Dougherty & CoBoost Price TargetBuy -> Buy$46.00 -> $48.00HighView Rating Details
7/27/2017Robert W. BairdSet Price TargetBuy$50.00HighView Rating Details
7/5/2017OTR GlobalUpgradePositiveLowView Rating Details
6/29/2017Northland SecuritiesInitiated CoverageOutperform$45.00LowView Rating Details
6/14/2017Monness Crespi & HardtInitiated CoverageBuy -> Buy$45.00LowView Rating Details
6/7/2017Susquehanna BancsharesInitiated CoverageNeutral -> Neutral$45.00LowView Rating Details
2/3/2017JMP SecuritiesBoost Price TargetOutperform$34.00 -> $41.00N/AView Rating Details
12/12/2016GabelliReiterated RatingBuyN/AView Rating Details
11/15/2016Morgan StanleyUpgradeEqual Weight -> Overweight$33.00 -> $39.00N/AView Rating Details
10/28/2016Needham & Company LLCLower Price TargetBuy$41.00 -> $36.00N/AView Rating Details
10/21/2016First AnalysisInitiated CoverageEqual -> Equal Weight$32.00N/AView Rating Details
10/13/2016Wells Fargo & CompanyReiterated RatingOutperform$43.50 -> $37.00N/AView Rating Details
10/12/2016NomuraLower Price TargetBuy$55.00 -> $47.00N/AView Rating Details
10/12/2016BarclaysLower Price TargetOverweight$42.00 -> $34.00N/AView Rating Details
10/12/2016CitigroupLower Price TargetNeutral$35.00 -> $31.00N/AView Rating Details
10/12/2016WunderlichLower Price TargetBuy$45.00 -> $42.00N/AView Rating Details
10/12/2016StephensDowngradeOverweight -> Equal Weight$43.00 -> $32.00N/AView Rating Details
10/12/2016Goldman Sachs GroupLower Price TargetConviction-Buy -> Buy$43.00 -> $36.00N/AView Rating Details
8/30/2016Pacific CrestUpgradeSector Weight -> Overweight$47.00N/AView Rating Details
6/8/2016Bank of AmericaReiterated RatingBuy$37.00 -> $40.00N/AView Rating Details
4/27/2016FBR & CoReiterated RatingOutperform$35.00 -> $41.00N/AView Rating Details
1/29/2016Raymond James FinancialLower Price TargetOutperform$49.00 -> $39.00N/AView Rating Details
1/29/2016Topeka Capital MarketsLower Price TargetHold$40.00 -> $35.00N/AView Rating Details
12/15/2015Buckingham ResearchReiterated RatingBuyN/AView Rating Details
(Data available from 12/13/2015 forward)

Earnings

Fortinet (NASDAQ:FTNT) Earnings History and Estimates Chart

Earnings by Quarter for Fortinet (NASDAQ:FTNT)

Fortinet (NASDAQ FTNT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/31/2018$0.29N/AView Earnings Details
10/26/2017Q3 2017$0.23$0.28$370.67 million$374.20 millionViewN/AView Earnings Details
7/26/2017Q2 2017$0.20$0.27$361.05 million$363.50 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.02$0.07$334.44 million$340.60 millionViewN/AView Earnings Details
2/2/2017Q4 2016$0.21$0.30$344.59 million$362.80 millionViewListenView Earnings Details
10/27/2016Q3$0.03$0.18$314.33 million$316.60 millionViewListenView Earnings Details
7/28/2016Q216$0.14$0.14$304.71 million$311.40 millionViewListenView Earnings Details
4/26/2016Q116$0.09$0.12$273.46 million$284.60 millionViewListenView Earnings Details
1/28/2016Q415$0.18$0.18$296.28 million$296.50 millionViewListenView Earnings Details
10/22/2015Q315$0.12$0.14$258.72 million$260.10 millionViewListenView Earnings Details
7/22/2015Q215$0.09$0.11$227.61 million$239.80 millionViewListenView Earnings Details
4/20/2015Q115$0.06$0.08$204.03 million$212.89 millionViewListenView Earnings Details
1/28/2015Q414$0.14$0.14$210.77 million$224.00 millionViewListenView Earnings Details
10/22/2014Q3$0.11$0.12$184.90 million$193.30 millionViewListenView Earnings Details
7/23/2014Q214$0.10$0.11$171.58 million$184.10 millionViewN/AView Earnings Details
4/23/2014Q114$0.09$0.11$157.96 million$168.90 millionViewListenView Earnings Details
1/29/2014Q413$0.14$0.15$165.97 million$177.40 millionViewListenView Earnings Details
10/23/2013Q313$0.11$0.12$151.00 million$154.70 millionViewN/AView Earnings Details
7/30/2013Q2 2013$0.10$0.10$142.63 million$147.40 millionViewN/AView Earnings Details
4/30/2013Q1 2013$0.10$0.10$135.12 million$135.80 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.15$0.17$144.28 million$151.16 millionViewN/AView Earnings Details
10/16/2012$0.14$0.14ViewN/AView Earnings Details
7/25/2012$0.12$0.12ViewN/AView Earnings Details
1/31/2012$0.12$0.14ViewN/AView Earnings Details
10/24/2011$0.09$0.13ViewN/AView Earnings Details
7/19/2011$0.08$0.09ViewN/AView Earnings Details
4/27/2011$0.14$0.17ViewN/AView Earnings Details
1/25/2011$0.14$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Fortinet (NASDAQ:FTNT) Earnings Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20173$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Fortinet (NASDAQ:FTNT)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Fortinet (NASDAQ FTNT) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 17.00%
Institutional Ownership Percentage: 70.76%
Insider Trades by Quarter for Fortinet (NASDAQ:FTNT)
Institutional Ownership by Quarter for Fortinet (NASDAQ:FTNT)

Fortinet (NASDAQ FTNT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2017Michael XieVPSell40,000$41.95$1,678,000.00View SEC Filing  
11/20/2017Ming HsiehDirectorSell331$40.41$13,375.71View SEC Filing  
11/15/2017Keith JensenInsiderSell625$39.63$24,768.75View SEC Filing  
11/13/2017Christopher B PaisleyDirectorSell4,000$40.02$160,080.00View SEC Filing  
11/9/2017Ming HsiehDirectorSell5,332$39.64$211,360.48View SEC Filing  
11/8/2017John WhittleVPSell3,883$40.00$155,320.00View SEC Filing  
11/8/2017Keith JensenInsiderSell1,850$39.20$72,520.00View SEC Filing  
11/2/2017Michael XieVPSell3,585$38.60$138,381.00View SEC Filing  
8/22/2017Keith JensenInsiderSell667$37.03$24,699.01View SEC Filing  
8/9/2017Keith JensenInsiderSell1,850$36.47$67,469.50View SEC Filing  
8/8/2017Keith JensenCAOSell950$36.67$34,836.50View SEC Filing  
8/2/2017Christopher B PaisleyDirectorSell4,000$36.39$145,560.00View SEC Filing  
8/2/2017John WhittleVPSell2,091$36.27$75,840.57View SEC Filing  
6/8/2017Ming HsiehDirectorSell4,743$39.29$186,352.47View SEC Filing  
5/17/2017Keith JensenInsiderSell624$40.73$25,415.52View SEC Filing  
5/10/2017Keith JensenInsiderSell1,850$39.42$72,927.00View SEC Filing  
5/5/2017John WhittleVPSell5,583$40.00$223,320.00View SEC Filing  
5/2/2017John WhittleVPSell11,057$39.45$436,198.65View SEC Filing  
5/1/2017Christopher B PaisleyDirectorSell6,000$39.04$234,240.00View SEC Filing  
3/1/2017Matto Andrew H DelCFOSell3,250$36.96$120,120.00View SEC Filing  
2/21/2017Keith JensenInsiderSell3,482$37.41$130,261.62View SEC Filing  
2/8/2017Keith JensenCAOSell2,250$37.62$84,645.00View SEC Filing  
2/8/2017Ken XieCEOSell25,000$37.59$939,750.00View SEC Filing  
2/7/2017Keith JensenCAOSell1,300$37.97$49,361.00View SEC Filing  
2/7/2017Ken XieCEOSell25,000$37.82$945,500.00View SEC Filing  
2/7/2017Matto Andrew H DelCFOSell8,000$37.97$303,760.00View SEC Filing  
2/3/2017John WhittleVPSell13,135$37.15$487,965.25View SEC Filing  
2/2/2017Michael XieVPSell69,095$33.15$2,290,499.25View SEC Filing  
12/7/2016Ken XieCEOSell50,000$30.38$1,519,000.00View SEC Filing  
12/5/2016Ken XieCEOSell20,000$30.25$605,000.00View SEC Filing  
12/5/2016Matto Andrew H DelCFOSell2,750$29.39$80,822.50View SEC Filing  
11/9/2016Keith JensenInsiderSell1,300$31.34$40,742.00View SEC Filing  
11/8/2016Keith JensenCAOSell350$31.49$11,021.50View SEC Filing  
11/2/2016Matto Andrew H DelCFOSell5,500$31.71$174,405.00View SEC Filing  
11/2/2016Michael XieVPSell3,585$31.77$113,895.45View SEC Filing  
11/1/2016Christopher B PaisleyDirectorSell6,000$31.86$191,160.00View SEC Filing  
9/1/2016John WhittleVPSell834$36.70$30,607.80View SEC Filing  
9/1/2016Matto Andrew H DelCFOSell3,250$36.29$117,942.50View SEC Filing  
8/23/2016Keith JensenInsiderSell900$35.47$31,923.00View SEC Filing  
8/22/2016Ming HsiehDirectorSell23,900$34.84$832,676.00View SEC Filing  
8/16/2016John WhittleVPSell13,833$34.85$482,080.05View SEC Filing  
8/16/2016Matto Andrew H. DelCFOSell1,500$35.00$52,500.00View SEC Filing  
8/15/2016John WhittleVPSell983$32.86$32,301.38View SEC Filing  
8/8/2016Keith JensenInsiderSell1,900$33.53$63,707.00View SEC Filing  
8/2/2016Christopher B PaisleyDirectorSell6,000$34.07$204,420.00View SEC Filing  
8/2/2016John WhittleVPSell15,007$34.91$523,894.37View SEC Filing  
8/2/2016Matto Andrew H DelCFOSell5,500$34.07$187,385.00View SEC Filing  
8/1/2016John WhittleVPSell13,663$35.00$478,205.00View SEC Filing  
6/1/2016Matto Andrew H DelCFOSell2,750$34.23$94,132.50View SEC Filing  
5/6/2016Keith JensenCAOSell1,100$31.60$34,760.00View SEC Filing  
5/2/2016John WhittleVPSell1,435$32.48$46,608.80View SEC Filing  
5/2/2016Matto Andrew H DelCFOSell6,250$32.06$200,375.00View SEC Filing  
3/22/2016John WhittleVPSell1,779$30.00$53,370.00View SEC Filing  
3/1/2016Matto Andrew H DelCFOSell2,250$28.94$65,115.00View SEC Filing  
2/16/2016Christopher B. PaisleyDirectorSell6,000$24.70$148,200.00View SEC Filing  
2/16/2016Keith JensenCAOSell200$24.58$4,916.00View SEC Filing  
2/8/2016Keith JensenCAOSell1,400$24.16$33,824.00View SEC Filing  
2/2/2016Matto Andrew H. DelCFOSell4,500$27.45$123,525.00View SEC Filing  
2/2/2016Michael XieVPSell7,670$27.45$210,541.50View SEC Filing  
12/1/2015Matto Andrew H DelCFOSell3,250$35.91$116,707.50View SEC Filing  
11/16/2015Christopher B. PaisleyDirectorSell6,000$33.05$198,300.00View SEC Filing  
11/3/2015John WhittleVPSell2,538$34.85$88,449.30View SEC Filing  
11/3/2015Matto Andrew H. DelCFOSell3,250$34.64$112,580.00View SEC Filing  
11/2/2015Michael XieVPSell2,887$34.78$100,409.86View SEC Filing  
10/27/2015Matto Andrew H DelCFOSell3,250$34.50$112,125.00View SEC Filing  
9/1/2015Matto Andrew H DelCFOSell3,250$41.32$134,290.00View SEC Filing  
8/28/2015Hong Liang LuDirectorSell15,000$42.69$640,350.00View SEC Filing  
8/14/2015Christopher B PaisleyDirectorSell6,000$46.28$277,680.00View SEC Filing  
6/3/2015Michael XieVPSell55,000$40.05$2,202,750.00View SEC Filing  
6/2/2015Ken XieCEOSell90,000$39.81$3,582,900.00View SEC Filing  
6/1/2015Matto Andrew H DelCFOSell3,250$40.14$130,455.00View SEC Filing  
5/15/2015Christopher B PaisleyDirectorSell6,000$38.76$232,560.00View SEC Filing  
5/6/2015Michael XieVPSell72,233$37.69$2,722,461.77View SEC Filing  
5/4/2015John WhittleVPSell34,943$38.36$1,340,413.48View SEC Filing  
4/23/2015Matto Andrew H DelCFOSell3,250$38.05$123,662.50View SEC Filing  
4/1/2015Michael XieVPSell30,000$33.99$1,019,700.00View SEC Filing  
3/4/2015Michael XieVPSell30,000$33.72$1,011,600.00View SEC Filing  
2/24/2015Hong Liang LuDirectorSell25,000$33.67$841,750.00View SEC Filing  
2/4/2015Michael XieVPSell30,000$30.92$927,600.00View SEC Filing  
2/3/2015John WhittleVPSell1,776$30.11$53,475.36View SEC Filing  
2/3/2015Ken XieCEOSell30,000$30.33$909,900.00View SEC Filing  
12/3/2014Ken XieCEOSell28,977$27.50$796,867.50View SEC Filing  
12/3/2014Michael XieVPSell50,000$27.42$1,371,000.00View SEC Filing  
12/2/2014Ken XieCEOSell24,834$27.50$682,935.00View SEC Filing  
12/2/2014Michael XieVPSell25,000$27.42$685,500.00View SEC Filing  
11/5/2014Michael XieVPSell25,000$26.48$662,000.00View SEC Filing  
11/4/2014John WhittleVPSell1,501$26.41$39,641.41View SEC Filing  
11/3/2014Christopher B PaisleyDirectorSell10,000$26.28$262,800.00View SEC Filing  
10/8/2014Michael XieVPSell31,600$24.84$784,944.00View SEC Filing  
10/7/2014Michael XieVPSell9,100$25.02$227,682.00View SEC Filing  
9/10/2014Michael XieVPSell70,000$26.23$1,836,100.00View SEC Filing  
8/12/2014Michael XieVPSell20,000$24.99$499,800.00View SEC Filing  
8/7/2014John WhittleVPSell1,755$25.00$43,875.00View SEC Filing  
8/4/2014Michael XieVPSell2,210$24.05$53,150.50View SEC Filing  
8/1/2014Christopher B PaisleyDirectorSell10,000$24.27$242,700.00View SEC Filing  
7/29/2014Michael XieVPSell20,000$25.24$504,800.00View SEC Filing  
6/30/2014John WhittleVPSell21,032$25.00$525,800.00View SEC Filing  
5/2/2014Michael XieVPSell2,209$21.98$48,553.82View SEC Filing  
5/1/2014Christopher PaisleyDirectorSell10,000$22.01$220,100.00View SEC Filing  
2/4/2014Michael XieVPSell6,762$20.58$139,161.96View SEC Filing  
2/3/2014Christopher PaisleyDirectorSell10,000$20.78$207,800.00View SEC Filing  
10/28/2013Michael XieVPSell2,600$20.05$52,130.00View SEC Filing  
8/1/2013Christopher PaisleyDirectorSell20,000$21.45$429,000.00View SEC Filing  
2/26/2013John WhittleVPSell14,584$25.00$364,600.00View SEC Filing  
8/10/2012John WhittleVPSell1,042$24.54$25,570.68View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Fortinet (NASDAQ FTNT) News Headlines

Source:
DateHeadline
BidaskClub Downgrades Fortinet (FTNT) to BuyBidaskClub Downgrades Fortinet (FTNT) to Buy
www.americanbankingnews.com - December 9 at 6:32 PM
Mphasis Selects Fortinet to Deliver Advanced Threat Protection and Secure Data Networks in Virtualized Platform to Service its CustomersMphasis Selects Fortinet to Deliver Advanced Threat Protection and Secure Data Networks in Virtualized Platform to Service its Customers
finance.yahoo.com - December 6 at 9:52 AM
Fortinet to Bring Together More than 2,000 Security Thought Leaders and IT Professionals at Accelerate 18Fortinet to Bring Together More than 2,000 Security Thought Leaders and IT Professionals at Accelerate 18
finance.yahoo.com - December 5 at 10:22 AM
Fortinet, Inc. (FTNT) VP Sells $1,678,000.00 in StockFortinet, Inc. (FTNT) VP Sells $1,678,000.00 in Stock
www.americanbankingnews.com - December 4 at 8:38 PM
Fortinet, Inc. (FTNT) Receives Average Rating of "Buy" from AnalystsFortinet, Inc. (FTNT) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - December 1 at 10:06 AM
New Research: Key Drivers of Growth for Alliance Data, Activision Blizzard, Caterpillar, Fortinet, American Airlines Group, and McDermott International — Factors of Influence, Major Initiatives and Sustained ProductionNew Research: Key Drivers of Growth for Alliance Data, Activision Blizzard, Caterpillar, Fortinet, American Airlines Group, and McDermott International — Factors of Influence, Major Initiatives and Sustained Production
finance.yahoo.com - November 30 at 10:08 AM
Free Research Report as Fortinet’s EPS Zoomed 275%; Free Cash Flow Soared More than 100%Free Research Report as Fortinet’s EPS Zoomed 275%; Free Cash Flow Soared More than 100%
finance.yahoo.com - November 30 at 10:08 AM
Fortinet Threat Landscape Report Reveals Cybercriminals Successfully Using Common Exploits and "Swarm" Technology to Attack at Speed and ScaleFortinet Threat Landscape Report Reveals Cybercriminals Successfully Using Common Exploits and "Swarm" Technology to Attack at Speed and Scale
finance.yahoo.com - November 28 at 9:09 AM
Fortinet, Inc. (FTNT) Expected to Announce Quarterly Sales of $408.49 MillionFortinet, Inc. (FTNT) Expected to Announce Quarterly Sales of $408.49 Million
www.americanbankingnews.com - November 28 at 8:52 AM
Why Is Fortinet (FTNT) Up 4.5% Since the Last Earnings Report?Why Is Fortinet (FTNT) Up 4.5% Since the Last Earnings Report?
finance.yahoo.com - November 27 at 5:44 PM
Fortinet Extends Cloud Security Applications Portfolio to Amazon Web Services CustomersFortinet Extends Cloud Security Applications Portfolio to Amazon Web Services Customers
finance.yahoo.com - November 27 at 5:44 PM
Fortinet, Inc. (FTNT) Expected to Post Earnings of $0.29 Per ShareFortinet, Inc. (FTNT) Expected to Post Earnings of $0.29 Per Share
www.americanbankingnews.com - November 26 at 11:18 AM
Fortinet Sees Unusually Large Options Volume (FTNT)Fortinet Sees Unusually Large Options Volume (FTNT)
www.americanbankingnews.com - November 26 at 1:26 AM
Palo Alto Networks shares surge as earnings buck weak security trendPalo Alto Networks shares surge as earnings buck weak security trend
www.marketwatch.com - November 21 at 6:59 PM
Time to Buy Fortinet, Its Poised to Break OutTime to Buy Fortinet, It's Poised to Break Out
finance.yahoo.com - November 21 at 6:59 PM
ETFs with exposure to Fortinet, Inc. : November 21, 2017ETFs with exposure to Fortinet, Inc. : November 21, 2017
finance.yahoo.com - November 21 at 6:59 PM
Fortinet, Inc. (FTNT) Director Sells $13,375.71 in StockFortinet, Inc. (FTNT) Director Sells $13,375.71 in Stock
www.americanbankingnews.com - November 20 at 8:48 PM
Industry Leading Technology Partners Join the Fortinet Security Fabric EcosystemIndustry Leading Technology Partners Join the Fortinet Security Fabric Ecosystem
finance.yahoo.com - November 20 at 9:05 AM
Insider Selling: Fortinet, Inc. (FTNT) Insider Sells 625 Shares of StockInsider Selling: Fortinet, Inc. (FTNT) Insider Sells 625 Shares of Stock
www.americanbankingnews.com - November 16 at 9:24 PM
Fortinets Efficiency Ratios Suggest Continued Growth - Seeking AlphaFortinet's Efficiency Ratios Suggest Continued Growth - Seeking Alpha
seekingalpha.com - November 16 at 2:33 PM
Fortinet Predicts Highly Destructive and Self-learning “Swarm” Cyberattacks in 2018Fortinet Predicts Highly Destructive and Self-learning “Swarm” Cyberattacks in 2018
finance.yahoo.com - November 14 at 7:25 PM
Fortinet Redefines Expectations for Next-Generation Firewalls in the Enterprise - GlobeNewswire (press release)Fortinet Redefines Expectations for Next-Generation Firewalls in the Enterprise - GlobeNewswire (press release)
globenewswire.com - November 14 at 5:12 AM
Fortinet, Inc. (FTNT) Director Sells $160,080.00 in StockFortinet, Inc. (FTNT) Director Sells $160,080.00 in Stock
www.americanbankingnews.com - November 13 at 6:27 PM
Fortinet, Inc. (FTNT) Director Ming Hsieh Sells 5,332 SharesFortinet, Inc. (FTNT) Director Ming Hsieh Sells 5,332 Shares
www.americanbankingnews.com - November 13 at 6:04 PM
5 Top-Ranked Stocks to Profit from Likely Earnings Beat5 Top-Ranked Stocks to Profit from Likely Earnings Beat
finance.yahoo.com - November 13 at 9:54 AM
Fortinet Redefines Expectations for Next-Generation Firewalls in the EnterpriseFortinet Redefines Expectations for Next-Generation Firewalls in the Enterprise
finance.yahoo.com - November 13 at 9:54 AM
Contrasting InterXion Holding N.V. (INXN) & Fortinet (FTNT)Contrasting InterXion Holding N.V. (INXN) & Fortinet (FTNT)
www.americanbankingnews.com - November 13 at 7:34 AM
Fortinet Recognized as Ingram Micro Security Vendor of the YearFortinet Recognized as Ingram Micro Security Vendor of the Year
finance.yahoo.com - November 10 at 8:37 PM
Fortinet to Present at UBS Global Technology Conference - GlobeNewswire (press release)Fortinet to Present at UBS Global Technology Conference - GlobeNewswire (press release)
globenewswire.com - November 10 at 3:31 PM
 Analysts Expect Fortinet, Inc. (FTNT) Will Post Quarterly Sales of $408.49 Million Analysts Expect Fortinet, Inc. (FTNT) Will Post Quarterly Sales of $408.49 Million
www.americanbankingnews.com - November 9 at 10:16 AM
ETFs with exposure to Fortinet, Inc. : November 8, 2017ETFs with exposure to Fortinet, Inc. : November 8, 2017
finance.yahoo.com - November 9 at 4:36 AM
Fortinet, Inc. (FTNT) VP Sells $155,320.00 in StockFortinet, Inc. (FTNT) VP Sells $155,320.00 in Stock
www.americanbankingnews.com - November 8 at 9:40 PM
Fortinet, Inc. (FTNT) Insider Sells $72,520.00 in StockFortinet, Inc. (FTNT) Insider Sells $72,520.00 in Stock
www.americanbankingnews.com - November 8 at 9:40 PM
Fortinet, Inc. :FTNT-US: Earnings Analysis: Q3, 2017 By the Numbers : November 7, 2017Fortinet, Inc. :FTNT-US: Earnings Analysis: Q3, 2017 By the Numbers : November 7, 2017
finance.yahoo.com - November 8 at 7:30 AM
Fortinet Recommended in NSS Labs Next-Generation Intrusion Prevention System (NGIPS) TestFortinet Recommended in NSS Labs Next-Generation Intrusion Prevention System (NGIPS) Test
finance.yahoo.com - November 8 at 7:30 AM
Financial Comparison: Imperva (IMPV) versus Fortinet (FTNT)Financial Comparison: Imperva (IMPV) versus Fortinet (FTNT)
www.americanbankingnews.com - November 6 at 11:04 PM
Fortinet, Inc. (FTNT) Given Consensus Recommendation of "Buy" by AnalystsFortinet, Inc. (FTNT) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - November 6 at 6:02 AM
Insider Selling: Fortinet, Inc. (FTNT) VP Sells 3,585 Shares of StockInsider Selling: Fortinet, Inc. (FTNT) VP Sells 3,585 Shares of Stock
www.americanbankingnews.com - November 3 at 9:24 PM
Head-To-Head Survey: Fortinet (FTNT) vs. Its PeersHead-To-Head Survey: Fortinet (FTNT) vs. Its Peers
www.americanbankingnews.com - November 3 at 7:10 PM
Fortinet, Inc. (FTNT) to Post FY2018 Earnings of $0.59 Per Share, Dougherty & Co ForecastsFortinet, Inc. (FTNT) to Post FY2018 Earnings of $0.59 Per Share, Dougherty & Co Forecasts
www.americanbankingnews.com - November 1 at 5:14 PM
Fortinet CEO Ken Xie & CISO Phil Quade to Present at The Summit AT&T Business Event on New Approach Needed for Enterprises to Win the Cybersecurity BattleFortinet CEO Ken Xie & CISO Phil Quade to Present at The Summit AT&T Business Event on New Approach Needed for Enterprises to Win the Cybersecurity Battle
finance.yahoo.com - October 31 at 8:03 PM
Fortinet, Inc. (FTNT) Upgraded at Zacks Investment ResearchFortinet, Inc. (FTNT) Upgraded at Zacks Investment Research
www.americanbankingnews.com - October 31 at 1:59 PM
FY2017 Earnings Forecast for Fortinet, Inc. Issued By Dougherty & Co (FTNT)FY2017 Earnings Forecast for Fortinet, Inc. Issued By Dougherty & Co (FTNT)
www.americanbankingnews.com - October 31 at 6:52 AM
Edited Transcript of FTNT earnings conference call or presentation 26-Oct-17 10:30pm GMTEdited Transcript of FTNT earnings conference call or presentation 26-Oct-17 10:30pm GMT
finance.yahoo.com - October 29 at 5:58 PM
Strong Growth and Weak Guidance for FortinetStrong Growth and Weak Guidance for Fortinet
finance.yahoo.com - October 28 at 7:10 PM
Fortinet, Inc. (FTNT) Price Target Cut to $45.00Fortinet, Inc. (FTNT) Price Target Cut to $45.00
www.americanbankingnews.com - October 28 at 1:30 PM
Noteworthy Friday Option Activity: IBM, SSYS, FTNT - NasdaqNoteworthy Friday Option Activity: IBM, SSYS, FTNT - Nasdaq
www.nasdaq.com - October 28 at 3:47 AM
Fortinet (FTNT) Q3 Earnings Beat, Revenue Growth Rate Dismal - NasdaqFortinet (FTNT) Q3 Earnings Beat, Revenue Growth Rate Dismal - Nasdaq
www.nasdaq.com - October 28 at 3:47 AM
Edited Transcript of FTNT earnings conference call or presentation 26-Oct-17 8:30pm GMTEdited Transcript of FTNT earnings conference call or presentation 26-Oct-17 8:30pm GMT
finance.yahoo.com - October 28 at 3:47 AM
IBD Rating Upgrades: Fortinet Flashes Improved Technical StrengthIBD Rating Upgrades: Fortinet Flashes Improved Technical Strength
finance.yahoo.com - October 28 at 3:47 AM

SEC Filings

Fortinet (NASDAQ:FTNT) SEC Filings

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Financials

Fortinet (NASDAQ:FTNT) Income Statement, Balance Sheet and Cash Flow Statement

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Fortinet (NASDAQ FTNT) Stock Chart for Wednesday, December, 13, 2017

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This page was last updated on 12/13/2017 by MarketBeat.com Staff

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