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

$49.06 +0.11 (+0.22 %)
(As of 02/21/2018 02:48 PM ET)
Previous Close$49.06
Today's Range$48.42 - $49.62
52-Week Range$35.44 - $49.96
Volume1.14 million shs
Average Volume1.91 million shs
Market Capitalization$8.53 billion
P/E Ratio288.59
Dividend YieldN/A
Beta0.86

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 Ratio1.67%
Quick Ratio1.60%

Price-To-Earnings

Trailing P/E Ratio288.588235294118
Forward P/E Ratio66.30
P/E Growth3.96

Sales & Book Value

Annual Sales$1.49 billion
Price / Sales5.71
Cash Flow$0.86 per share
Price / Cash56.97
Book Value$3.39 per share
Price / Book14.47

Profitability

Trailing EPS$0.17
Net Income$31.39 million
Net Margins2.10%
Return on Equity11.77%
Return on Assets4.20%

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 announced that its board has initiated a stock buyback program on Friday, October 27th 2017, which authorizes the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its shares are undervalued.

How were Fortinet's earnings last quarter?

Fortinet Inc (NASDAQ:FTNT) announced its quarterly earnings results on Monday, February, 5th. The software maker reported $0.32 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.29 by $0.03. The software maker had revenue of $416.70 million for the quarter, compared to the consensus estimate of $409.04 million. Fortinet had a net margin of 2.10% and a return on equity of 11.77%. The business's quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.30 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, April, 25th 2018. View Earnings Estimates for Fortinet.

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

Fortinet updated its FY18 earnings guidance on Monday, February, 5th. The company provided earnings per share (EPS) guidance of $1.30-1.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.20. The company issued revenue guidance of $1.695-1.715 billion, compared to the consensus revenue estimate of $1.69 billion.Fortinet also updated its Q1 guidance to $0.21-0.22 EPS.

Where is Fortinet's stock going? Where will Fortinet's stock price be in 2018?

23 brokerages have issued 12 month price objectives for Fortinet's shares. Their forecasts range from $37.00 to $56.00. On average, they expect Fortinet's stock price to reach $47.48 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 fourth-quarter 2017 results. The year over year comparisons were also favorable on both the counts. Notably, Fortinet has outperformed the industry in the last one year. 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 six 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 first quarter revenue outlook makes us slightly cautious about its near-term performance." (2/14/2018)
  • 2. Robert W. Baird analysts commented, "We continue to see the company as a market share taker with attractive valuation. We are adding FTNT to Baird’s Fresh Pick list with this note. Network Processor [NP] Catalyst. Fortinet refreshes each of its three ASICs every three to four years. A new high-end NP typically offers 2-3x performance over the previous generation, and has historically driven a refresh within the customer base. The current NP6 was released in late C13 and management is currently targeting the next release for C18." (1/11/2018)
  • 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)
  • Keith F. Jensen, Interim Chief Financial Officer, Chief Accounting Officer (Age 58)
  • Andrew H. Del Matto, Chief Financial Officer (Age 59)
  • 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)
  • 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.93%), Renaissance Technologies LLC (2.54%), Clearbridge Investments LLC (2.18%), Bank of New York Mellon Corp (2.12%), Wasatch Advisors Inc. (1.13%) and Hound Partners LLC (1.06%). 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 Hound Partners LLC, Alliancebernstein L.P., Jennison Associates LLC, Wasatch Advisors Inc., Allianz Asset Management GmbH, Capital Fund Management S.A., Deutsche Bank AG and Franklin Resources Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Martingale Asset Management L P, Quantitative Investment Management LLC, The Manufacturers Life Insurance Company , Cornerstone Capital Management Holdings LLC., Millennium Management LLC, Bank of Montreal Can and Delek Group Ltd.. 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 $49.06.

How big of a company is Fortinet?

Fortinet has a market capitalization of $8.53 billion and generates $1.49 billion in revenue each year. The software maker earns $31.39 million in net income (profit) each year or $0.17 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:  3.0 out of 5 (star star star)
Outperform Votes:  767 (Vote Outperform)
Underperform Votes:  502 (Vote Underperform)
Total Votes:  1,269
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: HoldBuyBuyBuy
Consensus Rating Score: 2.482.582.672.70
Ratings Breakdown: 1 Sell Rating(s)
10 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
6 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
8 Hold Rating(s)
19 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $47.48$45.33$43.88$41.38
Price Target Upside: 3.50% upside0.82% downside9.41% upside11.28% 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
2/6/2018Bank of AmericaBoost Price TargetBuy -> Buy$48.00 -> $49.00HighView Rating Details
2/6/2018Morgan StanleyBoost Price TargetOverweight -> Overweight$51.00 -> $53.00HighView Rating Details
2/6/2018Credit Suisse GroupBoost Price TargetUnderperform -> Underperform$33.00 -> $37.00HighView Rating Details
2/6/2018Royal Bank of CanadaBoost Price TargetSector Perform$46.00HighView Rating Details
2/6/2018CitigroupBoost Price TargetNeutral -> Neutral$41.00 -> $45.00HighView Rating Details
2/6/2018BarclaysBoost Price TargetEqual Weight -> Equal Weight$48.00 -> $50.00HighView Rating Details
2/6/2018Stifel NicolausBoost Price TargetHold -> Hold$42.00 -> $46.00HighView Rating Details
2/5/2018Evercore ISISet Price TargetHold$42.00HighView Rating Details
2/6/2018BMO Capital MarketsBoost Price TargetOutperform -> Outperform$45.00 -> $50.00HighView Rating Details
2/6/2018Robert W. BairdReiterated RatingBuy$56.00HighView Rating Details
2/1/2018Dougherty & CoDowngradeBuy -> NeutralLowView Rating Details
1/26/2018JMP SecuritiesBoost Price TargetMarket Outperform -> Market Outperform$41.00 -> $54.00LowView Rating Details
1/26/2018Raymond James FinancialReiterated RatingOutperform -> Market PerformMediumView Rating Details
1/23/2018Deutsche BankDowngradeBuy -> Hold$46.00HighView Rating Details
1/19/2018Monness Crespi & HardtReiterated RatingBuy -> Buy$45.00 -> $50.00LowView Rating Details
1/8/2018OppenheimerBoost Price TargetOutperform$45.00 -> $50.00LowView Rating Details
12/12/2017JPMorgan Chase & Co.DowngradeOverweight -> Neutral$50.00LowView Rating Details
10/27/2017Piper Jaffray CompaniesReiterated RatingBuy$46.00N/AView Rating Details
10/24/2017KeyCorpReiterated RatingBuy$46.00N/AView Rating Details
9/8/2017CowenReiterated RatingBuy$43.00LowView Rating Details
7/5/2017OTR GlobalUpgradePositiveLowView Rating Details
6/29/2017Northland SecuritiesInitiated CoverageOutperform$45.00LowView Rating Details
6/7/2017Susquehanna BancsharesInitiated CoverageNeutral -> Neutral$45.00LowView Rating Details
12/12/2016GabelliReiterated RatingBuyN/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 & CoReiterated RatingOutperform$43.50 -> $37.00N/AView Rating Details
10/12/2016NomuraLower Price TargetBuy$55.00 -> $47.00N/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
4/27/2016FBR & CoReiterated RatingOutperform$35.00 -> $41.00N/AView Rating Details
(Data available from 2/21/2016 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
4/25/2018$0.24N/AView Earnings Details
2/5/2018Q4 2017$0.29$0.32$409.04 million$416.70 millionViewListenView 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
4/24/2012Q1 2012$0.09$0.09ViewN/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
10/21/2010Q3 2010$0.05$0.09ViewN/AView Earnings Details
7/22/2010Q2 2010$0.03$0.05ViewN/AView Earnings Details
4/28/2010Q1 2010$0.03$0.03ViewN/AView Earnings Details
1/27/2010Q4 2009$0.03$0.05ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Fortinet (NASDAQ:FTNT) Earnings Estimates

2018 EPS Consensus Estimate: $0.77
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.08$0.08$0.08
Q2 20181$0.18$0.18$0.18
Q3 20181$0.21$0.21$0.21
Q4 20183$0.27$0.33$0.30
(Earnings estimates 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: 68.72%
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 TransactionShares Held After TransactionDetails
2/15/2018John WhittleVPSell679$48.69$33,060.518,684View SEC Filing  
2/12/2018Christopher B PaisleyDirectorSell4,000$46.71$186,840.0072,937View SEC Filing  
2/12/2018John WhittleVPSell29,946$47.00$1,407,462.009,310View SEC Filing  
2/8/2018Ken XieCEOSell89,423$45.08$4,031,188.8412,608,811View SEC Filing  
2/5/2018John WhittleVPSell11,728$44.81$525,531.687,181View SEC Filing  
2/2/2018Michael XieVPSell19,790$45.30$896,487.007,181View SEC Filing  
12/19/2017John WhittleVPSell13,749$45.00$618,705.0018,430View SEC Filing  
12/1/2017Michael XieVPSell40,000$41.95$1,678,000.006,692,200View 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$160,080.0072,606View SEC Filing  
11/9/2017Ming HsiehDirectorSell5,332$39.64$211,360.48331View SEC Filing  
11/8/2017John WhittleVPSell3,883$40.00$155,320.004,681View SEC Filing  
11/8/2017Keith JensenInsiderSell1,850$39.20$72,520.001,374View SEC Filing  
11/2/2017Michael XieVPSell3,585$38.60$138,381.006,714,500View SEC Filing  
8/22/2017Keith JensenInsiderSell667$37.03$24,699.01View SEC Filing  
8/9/2017Keith JensenInsiderSell1,850$36.47$67,469.501,315View SEC Filing  
8/8/2017Keith JensenCAOSell950$36.67$34,836.501,315View SEC Filing  
8/2/2017Christopher B PaisleyDirectorSell4,000$36.39$145,560.0066,611View SEC Filing  
8/2/2017John WhittleVPSell2,091$36.27$75,840.577,181View SEC Filing  
6/8/2017Ming HsiehDirectorSell4,743$39.29$186,352.47View SEC Filing  
5/17/2017Keith JensenInsiderSell624$40.73$25,415.52978View SEC Filing  
5/10/2017Keith JensenInsiderSell1,850$39.42$72,927.001,254View SEC Filing  
5/5/2017John WhittleVPSell5,583$40.00$223,320.004,681View SEC Filing  
5/2/2017John WhittleVPSell11,057$39.45$436,198.6511,868View SEC Filing  
5/1/2017Christopher B PaisleyDirectorSell6,000$39.04$234,240.0067,949View SEC Filing  
3/1/2017Matto Andrew H DelCFOSell3,250$36.96$120,120.0020,785View SEC Filing  
2/21/2017Keith JensenInsiderSell3,482$37.41$130,261.623,777View SEC Filing  
2/8/2017Keith JensenCAOSell2,250$37.62$84,645.002,545View SEC Filing  
2/8/2017Ken XieCEOSell25,000$37.59$939,750.0012,485,375View SEC Filing  
2/7/2017Keith JensenCAOSell1,300$37.97$49,361.002,545View SEC Filing  
2/7/2017Ken XieCEOSell25,000$37.82$945,500.0012,485,375View SEC Filing  
2/7/2017Matto Andrew H DelCFOSell8,000$37.97$303,760.0023,315View SEC Filing  
2/3/2017John WhittleVPSell13,135$37.15$487,965.2510,005View SEC Filing  
2/2/2017Michael XieVPSell69,095$33.15$2,290,499.256,484,500View SEC Filing  
12/7/2016Ken XieCEOSell50,000$30.38$1,519,000.0012,835,800View SEC Filing  
12/5/2016Ken XieCEOSell20,000$30.25$605,000.0012,835,800View SEC Filing  
12/5/2016Matto Andrew H DelCFOSell2,750$29.39$80,822.506,418View SEC Filing  
11/9/2016Keith JensenInsiderSell1,300$31.34$40,742.001,224View SEC Filing  
11/8/2016Keith JensenCAOSell350$31.49$11,021.501,224View SEC Filing  
11/2/2016Matto Andrew H DelCFOSell5,500$31.71$174,405.0017,186View SEC Filing  
11/2/2016Michael XieVPSell3,585$31.77$113,895.456,484,500View SEC Filing  
11/1/2016Christopher B PaisleyDirectorSell6,000$31.86$191,160.0066,625View SEC Filing  
9/1/2016John WhittleVPSell834$36.70$30,607.805,515View SEC Filing  
9/1/2016Matto Andrew H DelCFOSell3,250$36.29$117,942.509,686View 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$482,080.0517,531View SEC Filing  
8/16/2016Matto Andrew H. DelCFOSell1,500$35.00$52,500.00View SEC Filing  
8/15/2016John WhittleVPSell983$32.86$32,301.3817,531View SEC Filing  
8/8/2016Keith JensenInsiderSell1,900$33.53$63,707.00229View SEC Filing  
8/2/2016Christopher B PaisleyDirectorSell6,000$34.07$204,420.0060,648View SEC Filing  
8/2/2016John WhittleVPSell15,007$34.91$523,894.3718,969View SEC Filing  
8/2/2016Matto Andrew H DelCFOSell5,500$34.07$187,385.0022,099View SEC Filing  
8/1/2016John WhittleVPSell13,663$35.00$478,205.0018,969View SEC Filing  
6/1/2016Matto Andrew H DelCFOSell2,750$34.23$94,132.5014,599View SEC Filing  
5/6/2016Keith JensenCAOSell1,100$31.60$34,760.00218View SEC Filing  
5/2/2016John WhittleVPSell1,435$32.48$46,608.806,866View SEC Filing  
5/2/2016Matto Andrew H DelCFOSell6,250$32.06$200,375.0014,867View SEC Filing  
3/22/2016John WhittleVPSell1,779$30.00$53,370.006,241View SEC Filing  
3/1/2016Matto Andrew H DelCFOSell2,250$28.94$65,115.0019,117View SEC Filing  
2/16/2016Christopher B. PaisleyDirectorSell6,000$24.70$148,200.0053,674View SEC Filing  
2/16/2016Keith JensenCAOSell200$24.58$4,916.00187View SEC Filing  
2/8/2016Keith JensenCAOSell1,400$24.16$33,824.00164View SEC Filing  
2/2/2016Matto Andrew H. DelCFOSell4,500$27.45$123,525.0021,367View SEC Filing  
2/2/2016Michael XieVPSell7,670$27.45$210,541.506,482,000View SEC Filing  
12/1/2015Matto Andrew H DelCFOSell3,250$35.91$116,707.505,369View SEC Filing  
11/16/2015Christopher B. PaisleyDirectorSell6,000$33.05$198,300.0052,699View SEC Filing  
11/3/2015John WhittleVPSell2,538$34.85$88,449.30View SEC Filing  
11/3/2015Matto Andrew H. DelCFOSell3,250$34.64$112,580.008,619View SEC Filing  
11/2/2015Michael XieVPSell2,887$34.78$100,409.866,284,400View SEC Filing  
10/27/2015Matto Andrew H DelCFOSell3,250$34.50$112,125.008,283View SEC Filing  
9/1/2015Matto Andrew H DelCFOSell3,250$41.32$134,290.0011,533View SEC Filing  
8/28/2015Hong Liang LuDirectorSell15,000$42.69$640,350.007,725View 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$48,553.826,628,000View SEC Filing  
5/1/2014Christopher PaisleyDirectorSell10,000$22.01$220,100.001,875View SEC Filing  
2/4/2014Michael XieVPSell6,762$20.58$139,161.966,628,000View SEC Filing  
2/3/2014Christopher PaisleyDirectorSell10,000$20.78$207,800.001,562View 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
Fortinet Threat Landscape Report Reveals Attacks Per Firm Increased by 82%Fortinet Threat Landscape Report Reveals Attacks Per Firm Increased by 82%
finance.yahoo.com - February 20 at 5:36 PM
Fortinet Inc (FTNT) VP John Whittle Sells 679 SharesFortinet Inc (FTNT) VP John Whittle Sells 679 Shares
www.americanbankingnews.com - February 15 at 10:06 PM
This Mornings Research Reports on Application Software Stocks -- Endurance, Fortinet, Innoviva, and Intuit - PR Newswire (press release)This Morning's Research Reports on Application Software Stocks -- Endurance, Fortinet, Innoviva, and Intuit - PR Newswire (press release)
www.prnewswire.com - February 15 at 8:03 AM
Fortinet (FTNT) Stock Rating Lowered by Zacks Investment ResearchFortinet (FTNT) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - February 14 at 12:24 PM
Fortinet Inc (FTNT) Given Consensus Recommendation of "Buy" by BrokeragesFortinet Inc (FTNT) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - February 14 at 5:54 AM
Fortinet (FTNT) Upgraded to Buy at Zacks Investment ResearchFortinet (FTNT) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - February 13 at 1:28 PM
Ken Xie Sells 89,423 Shares of Fortinet Inc (FTNT) StockKen Xie Sells 89,423 Shares of Fortinet Inc (FTNT) Stock
www.americanbankingnews.com - February 12 at 9:16 PM
Fortinet Inc (FTNT) VP John Whittle Sells 29,946 SharesFortinet Inc (FTNT) VP John Whittle Sells 29,946 Shares
www.americanbankingnews.com - February 12 at 9:16 PM
Fortinet Inc (FTNT) Director Christopher B. Paisley Sells 4,000 SharesFortinet Inc (FTNT) Director Christopher B. Paisley Sells 4,000 Shares
www.americanbankingnews.com - February 12 at 9:16 PM
Gabelli Analysts Lift Earnings Estimates for Fortinet Inc (FTNT)Gabelli Analysts Lift Earnings Estimates for Fortinet Inc (FTNT)
www.americanbankingnews.com - February 9 at 1:24 PM
Q2 2018 Earnings Estimate for Fortinet Inc Issued By William Blair (FTNT)Q2 2018 Earnings Estimate for Fortinet Inc Issued By William Blair (FTNT)
www.americanbankingnews.com - February 9 at 10:22 AM
Dougherty & Co Weighs in on Fortinet Incs Q1 2018 Earnings (FTNT)Dougherty & Co Weighs in on Fortinet Inc's Q1 2018 Earnings (FTNT)
www.americanbankingnews.com - February 9 at 8:26 AM
Fortinet Inc to Post Q4 2018 Earnings of $0.27 Per Share, Oppenheimer Forecasts (FTNT)Fortinet Inc to Post Q4 2018 Earnings of $0.27 Per Share, Oppenheimer Forecasts (FTNT)
www.americanbankingnews.com - February 8 at 3:34 PM
Q4 2018 EPS Estimates for Fortinet Inc (FTNT) Boosted by KeyCorpQ4 2018 EPS Estimates for Fortinet Inc (FTNT) Boosted by KeyCorp
www.americanbankingnews.com - February 8 at 3:34 PM
William Blair Equities Analysts Increase Earnings Estimates for Fortinet Inc (FTNT)William Blair Equities Analysts Increase Earnings Estimates for Fortinet Inc (FTNT)
www.americanbankingnews.com - February 8 at 3:18 PM
Stifel Nicolaus Raises Fortinet (FTNT) Price Target to $46.00Stifel Nicolaus Raises Fortinet (FTNT) Price Target to $46.00
www.americanbankingnews.com - February 7 at 12:06 AM
Fortinet Posts Double-Digit GrowthFortinet Posts Double-Digit Growth
www.fool.com - February 6 at 8:19 PM
Fortinet (FTNT) PT Raised to $49.00 at Bank of AmericaFortinet (FTNT) PT Raised to $49.00 at Bank of America
www.americanbankingnews.com - February 6 at 6:52 PM
Fortinet Inc. (FTNT) Has Broken Out To A New High After Q4 ReportFortinet Inc. (FTNT) Has Broken Out To A New High After Q4 Report
www.nasdaq.com - February 6 at 3:50 PM
Fortinet shares rise after fourth-quarter earnings beatFortinet shares rise after fourth-quarter earnings beat
finance.yahoo.com - February 6 at 3:50 PM
Fortinet Earnings, Revenue Top Expectations, But Profit Outlook LightFortinet Earnings, Revenue Top Expectations, But Profit Outlook Light
finance.yahoo.com - February 6 at 3:50 PM
Fortinet Appoints Keith Jensen to Interim Chief Financial OfficerFortinet Appoints Keith Jensen to Interim Chief Financial Officer
finance.yahoo.com - February 6 at 3:50 PM
Fortinet Reports Fourth Quarter and Full Year 2017 Financial ResultsFortinet Reports Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - February 6 at 3:50 PM
Fortinet reports 4Q lossFortinet reports 4Q loss
finance.yahoo.com - February 6 at 3:50 PM
Fortinet (FTNT) Q4 Earnings Top, Revenue Growth Rate DismalFortinet (FTNT) Q4 Earnings Top, Revenue Growth Rate Dismal
finance.yahoo.com - February 6 at 3:50 PM
Royal Bank of Canada Boosts Fortinet (FTNT) Price Target to $46.00Royal Bank of Canada Boosts Fortinet (FTNT) Price Target to $46.00
www.americanbankingnews.com - February 6 at 1:56 PM
Fortinet (FTNT) PT Raised to $37.00 at Credit Suisse GroupFortinet (FTNT) PT Raised to $37.00 at Credit Suisse Group
www.americanbankingnews.com - February 6 at 12:12 PM
Morgan Stanley Boosts Fortinet (FTNT) Price Target to $53.00Morgan Stanley Boosts Fortinet (FTNT) Price Target to $53.00
www.americanbankingnews.com - February 6 at 12:12 PM
Fortinet (FTNT) PT Raised to $50.00 at BarclaysFortinet (FTNT) PT Raised to $50.00 at Barclays
www.americanbankingnews.com - February 6 at 10:40 AM
Fortinet Appoints Keith Jensen to Interim Chief Financial Officer - GlobeNewswire (press release)Fortinet Appoints Keith Jensen to Interim Chief Financial Officer - GlobeNewswire (press release)
globenewswire.com - February 6 at 9:43 AM
Earnings Preview For Fortinet - BenzingaEarnings Preview For Fortinet - Benzinga
www.benzinga.com - February 6 at 9:43 AM
Fortinet Reports Fourth Quarter and Full Year 2017 Financial Results - GlobeNewswire (press release)Fortinet Reports Fourth Quarter and Full Year 2017 Financial Results - GlobeNewswire (press release)
globenewswire.com - February 6 at 9:43 AM
Earnings Reaction History: Fortinet, Inc., 54.5% Follow-Through Indicator, 8.6% Sensitive - NasdaqEarnings Reaction History: Fortinet, Inc., 54.5% Follow-Through Indicator, 8.6% Sensitive - Nasdaq
www.nasdaq.com - February 6 at 9:43 AM
Fortinet Inc (FTNT) Adj. Earnings 3 Cents Above Estimates - Investorplace.comFortinet Inc (FTNT) Adj. Earnings 3 Cents Above Estimates - Investorplace.com
investorplace.com - February 6 at 9:43 AM
Fortinet, Inc. (FTNT) Tops Q4 EPS by 3c, Offers Q1 and FY Guidance - StreetInsider.comFortinet, Inc. (FTNT) Tops Q4 EPS by 3c, Offers Q1 and FY Guidance - StreetInsider.com
www.streetinsider.com - February 6 at 9:43 AM
Fortinet gains on double-digit Q4 revenue jump - Fortinet, Inc ... - Seeking AlphaFortinet gains on double-digit Q4 revenue jump - Fortinet, Inc ... - Seeking Alpha
seekingalpha.com - February 6 at 9:43 AM
Citigroup Raises Fortinet (FTNT) Price Target to $45.00Citigroup Raises Fortinet (FTNT) Price Target to $45.00
www.americanbankingnews.com - February 6 at 9:14 AM
Fortinet (FTNT) Posts Quarterly  Earnings ResultsFortinet (FTNT) Posts Quarterly Earnings Results
www.americanbankingnews.com - February 6 at 8:24 AM
John Whittle Sells 11,728 Shares of Fortinet Inc (FTNT) StockJohn Whittle Sells 11,728 Shares of Fortinet Inc (FTNT) Stock
www.americanbankingnews.com - February 5 at 9:14 PM
Fortinet Inc (FTNT) VP Michael Xie Sells 19,790 SharesFortinet Inc (FTNT) VP Michael Xie Sells 19,790 Shares
www.americanbankingnews.com - February 5 at 9:14 PM
Fortinet Inc (FTNT) Adj. Earnings 3 Cents Above EstimatesFortinet Inc (FTNT) Adj. Earnings 3 Cents Above Estimates
investorplace.com - February 5 at 6:09 PM
Fortinet gains on double-digit Q4 revenue jumpFortinet gains on double-digit Q4 revenue jump
seekingalpha.com - February 5 at 5:19 PM
Fortinet (FTNT) Updates FY18 Earnings GuidanceFortinet (FTNT) Updates FY18 Earnings Guidance
www.americanbankingnews.com - February 5 at 5:10 PM
Fortinet (FTNT) Issues Q1 Earnings GuidanceFortinet (FTNT) Issues Q1 Earnings Guidance
www.americanbankingnews.com - February 5 at 5:10 PM
Earnings Preview For FortinetEarnings Preview For Fortinet
feeds.benzinga.com - February 5 at 11:06 AM
Fortinet Introduces Industry’s Fastest 100 Gbps+ Next-Generation Firewall ApplianceFortinet Introduces Industry’s Fastest 100 Gbps+ Next-Generation Firewall Appliance
finance.yahoo.com - February 5 at 9:45 AM
Fortinet FortiGate Virtual Machine Now Available for Google Cloud PlatformFortinet FortiGate Virtual Machine Now Available for Google Cloud Platform
finance.yahoo.com - February 5 at 9:45 AM
Zacks: Analysts Anticipate Fortinet Inc (FTNT) Will Announce Quarterly Sales of $408.64 MillionZacks: Analysts Anticipate Fortinet Inc (FTNT) Will Announce Quarterly Sales of $408.64 Million
www.americanbankingnews.com - February 5 at 6:56 AM
Zacks: Brokerages Anticipate Fortinet Inc (FTNT) to Announce $0.29 Earnings Per ShareZacks: Brokerages Anticipate Fortinet Inc (FTNT) to Announce $0.29 Earnings Per Share
www.americanbankingnews.com - February 3 at 3:12 AM
Key Factors to Look for Ahead of Fortinet (FTNT) Q4 Earnings - NasdaqKey Factors to Look for Ahead of Fortinet (FTNT) Q4 Earnings - Nasdaq
www.nasdaq.com - February 2 at 3:57 PM

SEC Filings

Fortinet (NASDAQ:FTNT) SEC Filings

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Financials

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

Chart

Fortinet (NASDAQ FTNT) Stock Chart for Wednesday, February, 21, 2018

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This page was last updated on 2/21/2018 by MarketBeat.com Staff

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