Fortinet Company Profile (NASDAQ:FTNT)

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.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: IT Services & Consulting - NEC
  • Sub-Industry: Systems Software
  • Symbol: NASDAQ:FTNT
  • CUSIP: 34959E10
  • Web: www.fortinet.com
Capitalization:
  • Market Cap: $6.44 billion
  • Outstanding Shares: 175,835,000
Average Prices:
  • 50 Day Moving Avg: $38.22
  • 200 Day Moving Avg: $38.05
  • 52 Week Range: $28.51 - $41.56
P/E:
  • Trailing P/E Ratio: 100.41
  • Foreward P/E Ratio: 32.15
  • P/E Growth: 1.95
Sales & Book Value:
  • Annual Revenue: $1.38 billion
  • Price / Sales: 4.67
  • Book Value: $5.25 per share
  • Price / Book: 6.98
Profitability:
  • EBIDTA: $142.32 million
  • Net Margins: 4.71%
  • Return on Equity: 9.36%
  • Return on Assets: 3.71%
Debt:
  • Current Ratio: 1.81%
  • Quick Ratio: 1.71%
Misc:
  • Average Volume: 1.62 million shs.
  • Beta: 1.02
  • Short Ratio: 2.2
 

Frequently Asked Questions for Fortinet (NASDAQ:FTNT)

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 announced that its board has initiated a stock repurchase plan on Thursday, July 27th 2017, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 4.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its shares are undervalued.

How were Fortinet's earnings last quarter?

Fortinet, Inc. (NASDAQ:FTNT) issued its quarterly earnings data on Wednesday, July, 26th. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.07. The firm earned $363.50 million during the quarter, compared to the consensus estimate of $361.05 million. Fortinet had a return on equity of 9.36% and a net margin of 4.71%. Fortinet's revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.14 EPS. View Fortinet's Earnings History.

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

Fortinet issued an update on its FY17 earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of $0.94-0.96 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.91. The company issued revenue guidance of $1.487-1.495 billion, compared to the consensus revenue estimate of $1.49 billion.Fortinet also updated its Q3 guidance to $0.22-0.23 EPS.

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

27 equities research analysts have issued 1 year target prices for Fortinet's shares. Their forecasts range from $31.00 to $50.00. On average, they expect Fortinet's stock price to reach $41.08 in the next year. View Analyst Ratings for Fortinet.

What are analysts saying about Fortinet stock?

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

  • 1. 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)
  • 2. 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)
  • 3. According to Zacks Investment Research, "Fortinet is a provider of network security appliances and Unified Threat Management (UTM) network security solutions. The stock has outperformed the broader market on YTD basis. Despite persistent macro uncertainties, management seems to be positive on the back of a healthy network security market, solid product line-up and investment plans. 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, competition from key network security players such as Cisco Systems, Check Point, Juniper and Palo Alto Networks, remains a concern." (7/13/2017)

Are investors shorting Fortinet?

Fortinet saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 3,958,207 shares, a decrease of 25.9% from the July 14th total of 5,340,107 shares. Based on an average daily trading volume, of 2,028,938 shares, the short-interest ratio is presently 2.0 days. Approximately 2.7% of the shares of the stock are short sold.

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
  • Michael Xie, President, Founder, Chief Technology Officer, Director
  • Andrew H. Del Matto, Chief Financial Officer
  • 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
  • Keith F. Jensen, Chief Accounting Officer
  • John Lunsford Whittle J.D., Vice President - Corporate Development, General Counsel, Corporate Secretary
  • Christopher B. Paisley, Lead Independent Director
  • Peter D. Cohen, Director

Who owns Fortinet stock?

Fortinet's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.99%), Vanguard Group Inc. (6.93%), State Street Corp (2.61%), Renaissance Technologies LLC (2.57%), Ameriprise Financial Inc. (2.34%) and Bank of New York Mellon Corp (1.97%). Company insiders that own Fortinet stock include Christopher B Paisley, Hong Liang Lu, 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 Marshall Wace North America L.P., Sumitomo Mitsui Asset Management Company LTD, Global Thematic Partners LLC, Schroder Investment Management Group, Ameriprise Financial Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Hodges Capital Management Inc. and Fiera Capital Corp. Company insiders that have sold Fortinet 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 acquired by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, ETF Managers Group LLC, BlackRock Inc., Renaissance Technologies LLC, Pictet Asset Management Ltd., Capital Fund Management S.A., BNP Paribas Arbitrage SA and Bank of New York Mellon 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 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 $36.65.


MarketBeat Community Rating for Fortinet (NASDAQ FTNT)
Community Ranking:  3.1 out of 5 (  )
Outperform Votes:  677 (Vote Outperform)
Underperform Votes:  431 (Vote Underperform)
Total Votes:  1,108
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

Consensus Ratings for Fortinet (NASDAQ:FTNT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 8 Hold Ratings, 19 Buy Ratings
Consensus Rating:Buy (Score: 2.70)
Consensus Price Target: $41.08 (12.10% upside)

Analysts' Ratings History for Fortinet (NASDAQ:FTNT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/28/2017Royal Bank Of CanadaReiterated RatingHold$42.00MediumView Rating Details
7/28/2017Cowen and CompanyReiterated RatingBuy$43.00HighView 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
7/27/2017Evercore ISISet Price TargetHold$38.00HighView Rating Details
7/5/2017OTR GlobalUpgradePositiveLowView Rating Details
6/29/2017Northland SecuritiesInitiated CoverageOutperform$45.00LowView Rating Details
6/22/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform$45.00LowView Rating Details
6/14/2017Monness Crespi & HardtInitiated CoverageBuy -> Buy$45.00LowView Rating Details
6/7/2017Susquehanna Bancshares IncInitiated CoverageNeutral -> Neutral$45.00LowView Rating Details
4/21/2017BMO Capital MarketsUpgradeMarket Perform -> Outperform$44.00 -> $46.00HighView Rating Details
4/17/2017Stifel NicolausBoost Price TargetHold -> Hold$36.00 -> $42.00MediumView Rating Details
2/3/2017JMP SecuritiesBoost Price TargetOutperform$34.00 -> $41.00N/AView Rating Details
2/3/2017Piper Jaffray CompaniesUpgradeNeutral -> Overweight$43.00N/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
10/15/2016Deutsche Bank AGReiterated RatingHoldN/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
10/12/2016Barclays PLCLower Price TargetOverweight$42.00 -> $34.00N/AView Rating Details
10/12/2016Citigroup Inc.Lower 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 Group, Inc. (The)Lower Price TargetConviction-Buy -> Buy$43.00 -> $36.00N/AView Rating Details
8/30/2016Pacific CrestUpgradeSector Weight -> Overweight$47.00N/AView Rating Details
6/8/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
6/8/2016Bank of America CorporationReiterated RatingBuy$37.00 -> $40.00N/AView Rating Details
4/27/2016FBR & CoReiterated RatingOutperform$35.00 -> $41.00N/AView Rating Details
1/29/2016Raymond James Financial, Inc.Lower 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 8/20/2015 forward)

Earnings

Earnings History for Fortinet (NASDAQ:FTNT)
Earnings by Quarter for Fortinet (NASDAQ:FTNT)
Earnings History by Quarter for Fortinet (NASDAQ FTNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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

Earnings Estimates for Fortinet (NASDAQ:FTNT)
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

Insider Trading and Institutional Ownership History for Fortinet (NASDAQ:FTNT)
Insider Ownership Percentage: 16.40%
Institutional Ownership Percentage: 71.41%
Insider Trades by Quarter for Fortinet (NASDAQ:FTNT)
Institutional Ownership by Quarter for Fortinet (NASDAQ:FTNT)
Insider Trades by Quarter for Fortinet (NASDAQ:FTNT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Headline Trends for Fortinet (NASDAQ:FTNT)
Latest Headlines for Fortinet (NASDAQ:FTNT)
Source:
DateHeadline
nasdaq.com logoTransAct Technologies Incorporated (TACT) Ex-Dividend...
www.nasdaq.com - August 16 at 6:58 PM
finance.yahoo.com logoETFs with exposure to Fortinet, Inc. : August 16, 2017
finance.yahoo.com - August 16 at 6:58 PM
finance.yahoo.com logoFor More Than 20 Years, Fortinet CEO Ken Xie Has Shaped The Cyber Security Landscape
finance.yahoo.com - August 14 at 7:13 PM
americanbankingnews.com logoShort Interest in Fortinet, Inc. (NASDAQ:FTNT) Declines By 25.9%
www.americanbankingnews.com - August 12 at 3:08 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Fortinet Inc.
finance.yahoo.com - August 10 at 5:07 AM
americanbankingnews.com logoFortinet, Inc. (NASDAQ:FTNT) CAO Keith Jensen Sells 950 Shares
www.americanbankingnews.com - August 9 at 9:50 PM
americanbankingnews.com logoFortinet, Inc. (NASDAQ:FTNT) Insider Keith Jensen Sells 1,850 Shares
www.americanbankingnews.com - August 9 at 9:32 PM
americanbankingnews.com logoFortinet, Inc. (NASDAQ:FTNT) Expected to Announce Quarterly Sales of $371.17 Million
www.americanbankingnews.com - August 7 at 8:56 AM
americanbankingnews.com logoFortinet, Inc. (FTNT) VP John Whittle Sells 2,091 Shares
www.americanbankingnews.com - August 3 at 9:04 PM
americanbankingnews.com logoChristopher B. Paisley Sells 4,000 Shares of Fortinet, Inc. (FTNT) Stock
www.americanbankingnews.com - August 3 at 8:40 PM
finance.yahoo.com logoFortinet, Inc. :FTNT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 3 at 3:44 PM
finance.yahoo.com logoFortinet Expands Cloud-Based Security Fabric Visibility, Management and Analytics for SMBs and Security Providers
finance.yahoo.com - August 2 at 7:45 PM
americanbankingnews.com logoResearch Analysts Offer Predictions for Fortinet, Inc.'s Q3 2017 Earnings (NASDAQ:FTNT)
www.americanbankingnews.com - July 31 at 7:46 AM
americanbankingnews.com logoAnalysts Issue Forecasts for Fortinet, Inc.'s Q3 2017 Earnings (FTNT)
www.americanbankingnews.com - July 31 at 7:46 AM
americanbankingnews.com logoFortinet, Inc. (NASDAQ:FTNT) Earns "Hold" Rating from Royal Bank Of Canada
www.americanbankingnews.com - July 29 at 10:37 AM
americanbankingnews.com logoFortinet, Inc. (NASDAQ:FTNT) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 29 at 7:49 AM
finance.yahoo.com logoFortinet, Inc. breached its 50 day moving average in a Bearish Manner : FTNT-US : July 28, 2017
finance.yahoo.com - July 28 at 9:02 PM
finance.yahoo.com logoEdited Transcript of FTNT earnings conference call or presentation 26-Jul-17 10:30pm GMT
finance.yahoo.com - July 28 at 5:30 AM
finance.yahoo.com logoFortinet (FTNT) Q2 Earnings Top, Revenue Growth Rate Dismal
finance.yahoo.com - July 28 at 12:28 AM
nasdaq.com logoFortinet (FTNT) Q2 Earnings Top, Revenue Growth Rate Dismal - Nasdaq
www.nasdaq.com - July 27 at 7:25 PM
americanbankingnews.com logoFortinet, Inc. (NASDAQ:FTNT) Price Target Raised to $48.00 at Dougherty & Co
www.americanbankingnews.com - July 27 at 1:52 PM
fool.com logoLarge Deals Drive a Solid Quarter for Fortinet
www.fool.com - July 27 at 12:55 PM
americanbankingnews.com logoShare Repurchase Plan Declared by Fortinet (FTNT)
www.americanbankingnews.com - July 27 at 11:08 AM
finance.yahoo.com logoEdited Transcript of FTNT earnings conference call or presentation 26-Jul-17 8:30pm GMT
finance.yahoo.com - July 27 at 5:30 AM
finance.yahoo.com logoInvestor Network: Fortinet, Inc. to Host Earnings Call
finance.yahoo.com - July 27 at 12:26 AM
finance.yahoo.com logoWhy Two Cybersecurity Stocks Are Suddenly a Big Deal Hours Before They Report
finance.yahoo.com - July 27 at 12:26 AM
finance.yahoo.com logoFortinet tops Street 2Q forecasts
finance.yahoo.com - July 27 at 12:26 AM
americanbankingnews.com logoFortinet, Inc. (NASDAQ:FTNT) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS
www.americanbankingnews.com - July 26 at 9:15 PM
nasdaq.com logoEarnings Reaction History: Fortinet, Inc., 54.5% Follow-Through Indicator, 8.5% Sensitive - Nasdaq
www.nasdaq.com - July 26 at 7:25 PM
seekingalpha.com logoFortinet down 4.5% after Q2 beat, mixed guidance - Seeking Alpha
seekingalpha.com - July 26 at 7:25 PM
americanbankingnews.com logoFortinet, Inc. (FTNT) Updates Q3 Earnings Guidance
www.americanbankingnews.com - July 26 at 5:55 PM
americanbankingnews.com logoFortinet, Inc. (NASDAQ:FTNT) Issues FY17 Earnings Guidance
www.americanbankingnews.com - July 26 at 5:55 PM
seekingalpha.com logoFortinet down 4.5% after Q2 beat, mixed guidance
seekingalpha.com - July 26 at 5:13 PM
finance.yahoo.com logoETFs with exposure to Fortinet, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 8:15 PM
nasdaq.com logoFortinet (FTNT) to Report Q2 Earnings: What's in the Cards? - Nasdaq
www.nasdaq.com - July 24 at 9:19 AM
finance.yahoo.com logoFortinet (FTNT) to Report Q2 Earnings: What's in the Cards?
finance.yahoo.com - July 24 at 9:19 AM
finance.yahoo.com logoFortinet Launches Global Threat Intelligence Service  
finance.yahoo.com - July 24 at 9:19 AM
finance.yahoo.com logoCheck Point Software, Skyworks Earnings: 9 Reasons Why They Matter
finance.yahoo.com - July 19 at 7:32 PM
americanbankingnews.com logoFortinet, Inc. (FTNT) Upgraded by BidaskClub to "Hold"
www.americanbankingnews.com - July 16 at 2:17 PM
americanbankingnews.com logoFortinet, Inc. (FTNT) Expected to Announce Quarterly Sales of $360.92 Million
www.americanbankingnews.com - July 16 at 8:58 AM
finance.yahoo.com logoETFs with exposure to Fortinet, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 7:49 PM
americanbankingnews.com logo$0.08 Earnings Per Share Expected for Fortinet, Inc. (NASDAQ:FTNT) This Quarter
www.americanbankingnews.com - July 14 at 1:24 PM
americanbankingnews.com logoFortinet, Inc. (FTNT) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - July 13 at 1:54 PM
finance.yahoo.com logoFortinet, Inc. breached its 50 day moving average in a Bullish Manner : FTNT-US : July 12, 2017
finance.yahoo.com - July 12 at 7:32 PM
finance.yahoo.com logoFortinet Named a Leader in the 2017 Gartner Magic Quadrant for Enterprise Network Firewalls
finance.yahoo.com - July 12 at 7:32 PM
finance.yahoo.com logoFortinet is the Leader in Independent Testing Comparison of Secure Email Gateway Solutions for the Eighth Consecutive Test
finance.yahoo.com - July 11 at 8:00 PM
nasdaq.com logoBarracuda Networks (CUDA) Earnings: What To Expect
www.nasdaq.com - July 10 at 11:45 PM
americanbankingnews.com logoFortinet, Inc. (FTNT) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - July 7 at 8:10 PM
finance.yahoo.com logoFortinet to Announce Second Quarter 2017 Financial Results
finance.yahoo.com - July 6 at 8:10 PM
finance.yahoo.com logoFortinet Wins Deal to Provide WiFi Connectivity in Mumbai
finance.yahoo.com - July 5 at 7:33 PM

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Fortinet (FTNT) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by MarketBeat.com Staff