About Fortinet (NASDAQ:FTNT)
Fortinet, 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
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustrySystems Software
SectorComputer and Technology
SymbolNASDAQ:FTNT
CUSIP34959E10
Phone408-235-7700
Debt
Debt-to-Equity RatioN/A
Current Ratio1.67%
Quick Ratio1.60%
Price-To-Earnings
Trailing P/E Ratio109.12
Forward P/E Ratio76.68
P/E Growth4.59
Sales & Book Value
Annual Sales$1.49 billion
Price / Sales6.38
Cash Flow$0.8530 per share
Price / Cash66.52
Book Value$3.39 per share
Price / Book16.74
Profitability
EPS (Most Recent Fiscal Year)$0.52
Net Income$31.39 million
Net Margins2.10%
Return on Equity11.77%
Return on Assets4.20%
Miscellaneous
Employees5,066
Outstanding Shares168,020,000
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 approved a stock buyback program on Friday, October 27th 2017, which authorizes the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.
How were Fortinet's earnings last quarter?
Fortinet (NASDAQ:FTNT) released its quarterly earnings data on Monday, February, 5th. The software maker reported $0.32 EPS for the quarter, beating the Thomson Reuters' 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 return on equity of 11.77% and a net margin of 2.10%. Fortinet's revenue was up 14.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.30 EPS. View Fortinet's Earnings History.
When is Fortinet's next earnings date?
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 guidance of $1.30-1.32 for the period, compared to the Thomson Reuters consensus 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.
What price target have analysts set for FTNT?
24 brokers have issued 12-month price objectives for Fortinet's shares. Their predictions range from $37.00 to $62.00. On average, they expect Fortinet's stock price to reach $50.2273 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, "Estimates for Fortinet have remained stable of late. Notably, the company 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." (3/12/2018)
- 2. Credit Suisse Group AG analysts commented, "We perceive a change in tone from management towards the investor community, featuring an increased commitment to transparency. Management exhibited confidence in its cloud security portfolio and Fabric product strategy, revealed new metrics around non-FortiGate product, reiterated FY18 guidance and unveiled a new long-term financial model. Focus on Cloud Security: Arguing that a shift to cloud drives a greater need for consistent security across the architecture, Fortinet characterized its cloud security portfolio across five areas (1) Cloud product portfolio (FortiGate VM suite), (2) Connectors, (3) FortiCASB, (4) FortiManager, (5) Automation – API. While management is optimistic the shift to cloud drives greater throughput needs, we continue to question how FTNT’s historical competitive advantage bestowed by superior silicon will sustain in the cloud." (2/28/2018)
- 3. 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)
Who are some of Fortinet's key competitors?
Some companies that are related to Fortinet include Palo Alto Networks (PANW), Xerox (XRX), Epson (SEKEY), Logitech (LOGI), FireEye (FEYE), HTC (HTCXF), ForeScout Technologies (FSCT), Stratasys (SSYS), Digital China (DCHIF), Immersion (IMMR), Mitek Systems (MITK), Radcom (RDCM), AstroNova (ALOT), TransAct Technologies (TACT) and Key Tronic (KTCC).
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)
- 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
- Ming Hsieh, Independent Director (Age 61)
Has Fortinet been receiving favorable news coverage?
Media stories about FTNT stock have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fortinet earned a daily sentiment score of 0.12 on Accern's scale. They also gave headlines about the software maker an impact score of 45.99 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
How do I buy shares of Fortinet?
Shares of FTNT 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 FTNT stock can currently be purchased for approximately $56.74.
How big of a company is Fortinet?
Fortinet has a market capitalization of $9.60 billion and generates $1.49 billion in revenue each year. The software maker earns $31.39 million in net income (profit) each year or $0.52 on an earnings per share basis. Fortinet employs 5,066 workers across the globe.
How can I contact Fortinet?
Fortinet's mailing address is 899 KIFER ROAD, SUNNYVALE CA, 94086. The software maker can be reached via phone at 408-235-7700 or via email at [email protected]
MarketBeat Community Rating for Fortinet (FTNT)
MarketBeat's community ratings are surveys of what our community members think about Fortinet and other stocks. Vote "Outperform" if you believe FTNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
Fortinet (NASDAQ:FTNT) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
24 Wall Street analysts have issued ratings and price targets for Fortinet in the last 12 months. Their average twelve-month price target is $50.2273, suggesting that the stock has a possible downside of 11.48%. The high price target for FTNT is $62.00 and the low price target for FTNT is $37.00. There are currently 1 sell rating, 12 hold ratings and 11 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.42 | 2.46 | 2.55 | 2.71 |
| Ratings Breakdown: | 1 Sell Rating(s)
12 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
11 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
7 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
16 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $50.2273 | $49.1364 | $45.3158 | $43.5263 |
| Price Target Upside: | 11.48% downside | 9.31% downside | 1.17% downside | 8.82% upside |
Fortinet (NASDAQ:FTNT) Consensus Price Target History
Fortinet (NASDAQ:FTNT) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Fortinet (NASDAQ:FTNT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Fortinet (NASDAQ FTNT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 17.00%
Institutional Ownership Percentage: 69.49%
Fortinet (NASDAQ FTNT) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/12/2018 | John Whittle | VP | Sell | 624 | $54.44 | $33,970.56 | |  |
| 2/15/2018 | John Whittle | VP | Sell | 679 | $48.69 | $33,060.51 | 8,684 | |
| 2/12/2018 | Christopher B Paisley | Director | Sell | 4,000 | $46.71 | $186,840.00 | 72,937 | |
| 2/12/2018 | John Whittle | VP | Sell | 29,946 | $47.00 | $1,407,462.00 | 9,310 | |
| 2/8/2018 | Ken Xie | CEO | Sell | 89,423 | $45.08 | $4,031,188.84 | 12,608,811 | |
| 2/5/2018 | John Whittle | VP | Sell | 11,728 | $44.81 | $525,531.68 | 7,181 | |
| 2/2/2018 | Michael Xie | VP | Sell | 19,790 | $45.30 | $896,487.00 | 7,181 | |
| 12/19/2017 | John Whittle | VP | Sell | 13,749 | $45.00 | $618,705.00 | 18,430 | |
| 12/1/2017 | Michael Xie | VP | Sell | 40,000 | $41.95 | $1,678,000.00 | 6,692,200 | |
| 11/20/2017 | Ming Hsieh | Director | Sell | 331 | $40.41 | $13,375.71 | | |
| 11/15/2017 | Keith Jensen | Insider | Sell | 625 | $39.63 | $24,768.75 | | |
| 11/13/2017 | Christopher B Paisley | Director | Sell | 4,000 | $40.02 | $160,080.00 | 72,606 | |
| 11/9/2017 | Ming Hsieh | Director | Sell | 5,332 | $39.64 | $211,360.48 | 331 | |
| 11/8/2017 | John Whittle | VP | Sell | 3,883 | $40.00 | $155,320.00 | 4,681 | |
| 11/8/2017 | Keith Jensen | Insider | Sell | 1,850 | $39.20 | $72,520.00 | 1,374 | |
| 11/2/2017 | Michael Xie | VP | Sell | 3,585 | $38.60 | $138,381.00 | 6,714,500 | |
| 8/22/2017 | Keith Jensen | Insider | Sell | 667 | $37.03 | $24,699.01 | | |
| 8/9/2017 | Keith Jensen | Insider | Sell | 1,850 | $36.47 | $67,469.50 | 1,315 | |
| 8/8/2017 | Keith Jensen | CAO | Sell | 950 | $36.67 | $34,836.50 | 1,315 | |
| 8/2/2017 | Christopher B Paisley | Director | Sell | 4,000 | $36.39 | $145,560.00 | 66,611 | |
| 8/2/2017 | John Whittle | VP | Sell | 2,091 | $36.27 | $75,840.57 | 7,181 | |
| 6/8/2017 | Ming Hsieh | Director | Sell | 4,743 | $39.29 | $186,352.47 | | |
| 5/17/2017 | Keith Jensen | Insider | Sell | 624 | $40.73 | $25,415.52 | 978 | |
| 5/10/2017 | Keith Jensen | Insider | Sell | 1,850 | $39.42 | $72,927.00 | 1,254 | |
| 5/5/2017 | John Whittle | VP | Sell | 5,583 | $40.00 | $223,320.00 | 4,681 | |
| 5/2/2017 | John Whittle | VP | Sell | 11,057 | $39.45 | $436,198.65 | 11,868 | |
| 5/1/2017 | Christopher B Paisley | Director | Sell | 6,000 | $39.04 | $234,240.00 | 67,949 | |
| 3/1/2017 | Matto Andrew H Del | CFO | Sell | 3,250 | $36.96 | $120,120.00 | 20,785 | |
| 2/21/2017 | Keith Jensen | Insider | Sell | 3,482 | $37.41 | $130,261.62 | 3,777 | |
| 2/8/2017 | Keith Jensen | CAO | Sell | 2,250 | $37.62 | $84,645.00 | 2,545 | |
| 2/8/2017 | Ken Xie | CEO | Sell | 25,000 | $37.59 | $939,750.00 | 12,485,375 | |
| 2/7/2017 | Keith Jensen | CAO | Sell | 1,300 | $37.97 | $49,361.00 | 2,545 | |
| 2/7/2017 | Ken Xie | CEO | Sell | 25,000 | $37.82 | $945,500.00 | 12,485,375 | |
| 2/7/2017 | Matto Andrew H Del | CFO | Sell | 8,000 | $37.97 | $303,760.00 | 23,315 | |
| 2/3/2017 | John Whittle | VP | Sell | 13,135 | $37.15 | $487,965.25 | 10,005 | |
| 2/2/2017 | Michael Xie | VP | Sell | 69,095 | $33.15 | $2,290,499.25 | 6,484,500 | |
| 12/7/2016 | Ken Xie | CEO | Sell | 50,000 | $30.38 | $1,519,000.00 | 12,835,800 | |
| 12/5/2016 | Ken Xie | CEO | Sell | 20,000 | $30.25 | $605,000.00 | 12,835,800 | |
| 12/5/2016 | Matto Andrew H Del | CFO | Sell | 2,750 | $29.39 | $80,822.50 | 6,418 | |
| 11/9/2016 | Keith Jensen | Insider | Sell | 1,300 | $31.34 | $40,742.00 | 1,224 | |
| 11/8/2016 | Keith Jensen | CAO | Sell | 350 | $31.49 | $11,021.50 | 1,224 | |
| 11/2/2016 | Matto Andrew H Del | CFO | Sell | 5,500 | $31.71 | $174,405.00 | 17,186 | |
| 11/2/2016 | Michael Xie | VP | Sell | 3,585 | $31.77 | $113,895.45 | 6,484,500 | |
| 11/1/2016 | Christopher B Paisley | Director | Sell | 6,000 | $31.86 | $191,160.00 | 66,625 | |
| 9/1/2016 | John Whittle | VP | Sell | 834 | $36.70 | $30,607.80 | 5,515 | |
| 9/1/2016 | Matto Andrew H Del | CFO | Sell | 3,250 | $36.29 | $117,942.50 | 9,686 | |
| 8/23/2016 | Keith Jensen | Insider | Sell | 900 | $35.47 | $31,923.00 | | |
| 8/22/2016 | Ming Hsieh | Director | Sell | 23,900 | $34.84 | $832,676.00 | | |
| 8/16/2016 | John Whittle | VP | Sell | 13,833 | $34.85 | $482,080.05 | 17,531 | |
| 8/16/2016 | Matto Andrew H. Del | CFO | Sell | 1,500 | $35.00 | $52,500.00 | | |
| 8/15/2016 | John Whittle | VP | Sell | 983 | $32.86 | $32,301.38 | 17,531 | |
| 8/8/2016 | Keith Jensen | Insider | Sell | 1,900 | $33.53 | $63,707.00 | 229 | |
| 8/2/2016 | Christopher B Paisley | Director | Sell | 6,000 | $34.07 | $204,420.00 | 60,648 | |
| 8/2/2016 | John Whittle | VP | Sell | 15,007 | $34.91 | $523,894.37 | 18,969 | |
| 8/2/2016 | Matto Andrew H Del | CFO | Sell | 5,500 | $34.07 | $187,385.00 | 22,099 | |
| 8/1/2016 | John Whittle | VP | Sell | 13,663 | $35.00 | $478,205.00 | 18,969 | |
| 6/1/2016 | Matto Andrew H Del | CFO | Sell | 2,750 | $34.23 | $94,132.50 | 14,599 | |
| 5/6/2016 | Keith Jensen | CAO | Sell | 1,100 | $31.60 | $34,760.00 | 218 | |
| 5/2/2016 | John Whittle | VP | Sell | 1,435 | $32.48 | $46,608.80 | 6,866 | |
| 5/2/2016 | Matto Andrew H Del | CFO | Sell | 6,250 | $32.06 | $200,375.00 | 14,867 | |
| 3/22/2016 | John Whittle | VP | Sell | 1,779 | $30.00 | $53,370.00 | 6,241 | |
| 3/1/2016 | Matto Andrew H Del | CFO | Sell | 2,250 | $28.94 | $65,115.00 | 19,117 | |
| 2/16/2016 | Christopher B. Paisley | Director | Sell | 6,000 | $24.70 | $148,200.00 | 53,674 | |
| 2/16/2016 | Keith Jensen | CAO | Sell | 200 | $24.58 | $4,916.00 | 187 | |
| 2/8/2016 | Keith Jensen | CAO | Sell | 1,400 | $24.16 | $33,824.00 | 164 | |
| 2/2/2016 | Matto Andrew H. Del | CFO | Sell | 4,500 | $27.45 | $123,525.00 | 21,367 | |
| 2/2/2016 | Michael Xie | VP | Sell | 7,670 | $27.45 | $210,541.50 | 6,482,000 | |
| 12/1/2015 | Matto Andrew H Del | CFO | Sell | 3,250 | $35.91 | $116,707.50 | 5,369 | |
| 11/16/2015 | Christopher B. Paisley | Director | Sell | 6,000 | $33.05 | $198,300.00 | 52,699 | |
| 11/3/2015 | John Whittle | VP | Sell | 2,538 | $34.85 | $88,449.30 | | |
| 11/3/2015 | Matto Andrew H. Del | CFO | Sell | 3,250 | $34.64 | $112,580.00 | 8,619 | |
| 11/2/2015 | Michael Xie | VP | Sell | 2,887 | $34.78 | $100,409.86 | 6,284,400 | |
| 10/27/2015 | Matto Andrew H Del | CFO | Sell | 3,250 | $34.50 | $112,125.00 | 8,283 | |
| 9/1/2015 | Matto Andrew H Del | CFO | Sell | 3,250 | $41.32 | $134,290.00 | 11,533 | |
| 8/28/2015 | Hong Liang Lu | Director | Sell | 15,000 | $42.69 | $640,350.00 | 7,725 | |
| 8/14/2015 | Christopher B Paisley | Director | Sell | 6,000 | $46.28 | $277,680.00 | | |
| 6/3/2015 | Michael Xie | VP | Sell | 55,000 | $40.05 | $2,202,750.00 | | |
| 6/2/2015 | Ken Xie | CEO | Sell | 90,000 | $39.81 | $3,582,900.00 | | |
| 6/1/2015 | Matto Andrew H Del | CFO | Sell | 3,250 | $40.14 | $130,455.00 | | |
| 5/15/2015 | Christopher B Paisley | Director | Sell | 6,000 | $38.76 | $232,560.00 | | |
| 5/6/2015 | Michael Xie | VP | Sell | 72,233 | $37.69 | $2,722,461.77 | | |
| 5/4/2015 | John Whittle | VP | Sell | 34,943 | $38.36 | $1,340,413.48 | | |
| 4/23/2015 | Matto Andrew H Del | CFO | Sell | 3,250 | $38.05 | $123,662.50 | | |
| 4/1/2015 | Michael Xie | VP | Sell | 30,000 | $33.99 | $1,019,700.00 | | |
| 3/4/2015 | Michael Xie | VP | Sell | 30,000 | $33.72 | $1,011,600.00 | | |
| 2/24/2015 | Hong Liang Lu | Director | Sell | 25,000 | $33.67 | $841,750.00 | | |
| 2/4/2015 | Michael Xie | VP | Sell | 30,000 | $30.92 | $927,600.00 | | |
| 2/3/2015 | John Whittle | VP | Sell | 1,776 | $30.11 | $53,475.36 | | |
| 2/3/2015 | Ken Xie | CEO | Sell | 30,000 | $30.33 | $909,900.00 | | |
| 12/3/2014 | Ken Xie | CEO | Sell | 28,977 | $27.50 | $796,867.50 | | |
| 12/3/2014 | Michael Xie | VP | Sell | 50,000 | $27.42 | $1,371,000.00 | | |
| 12/2/2014 | Ken Xie | CEO | Sell | 24,834 | $27.50 | $682,935.00 | | |
| 12/2/2014 | Michael Xie | VP | Sell | 25,000 | $27.42 | $685,500.00 | | |
| 11/5/2014 | Michael Xie | VP | Sell | 25,000 | $26.48 | $662,000.00 | | |
| 11/4/2014 | John Whittle | VP | Sell | 1,501 | $26.41 | $39,641.41 | | |
| 11/3/2014 | Christopher B Paisley | Director | Sell | 10,000 | $26.28 | $262,800.00 | | |
| 10/8/2014 | Michael Xie | VP | Sell | 31,600 | $24.84 | $784,944.00 | | |
| 10/7/2014 | Michael Xie | VP | Sell | 9,100 | $25.02 | $227,682.00 | | |
| 9/10/2014 | Michael Xie | VP | Sell | 70,000 | $26.23 | $1,836,100.00 | | |
| 8/12/2014 | Michael Xie | VP | Sell | 20,000 | $24.99 | $499,800.00 | | |
| 8/7/2014 | John Whittle | VP | Sell | 1,755 | $25.00 | $43,875.00 | | |
| 8/4/2014 | Michael Xie | VP | Sell | 2,210 | $24.05 | $53,150.50 | | |
| 8/1/2014 | Christopher B Paisley | Director | Sell | 10,000 | $24.27 | $242,700.00 | | |
| 7/29/2014 | Michael Xie | VP | Sell | 20,000 | $25.24 | $504,800.00 | | |
| 6/30/2014 | John Whittle | VP | Sell | 21,032 | $25.00 | $525,800.00 | | |
| 5/2/2014 | Michael Xie | VP | Sell | 2,209 | $21.98 | $48,553.82 | 6,628,000 | |
| 5/1/2014 | Christopher Paisley | Director | Sell | 10,000 | $22.01 | $220,100.00 | 1,875 | |
| 2/4/2014 | Michael Xie | VP | Sell | 6,762 | $20.58 | $139,161.96 | 6,628,000 | |
| 2/3/2014 | Christopher Paisley | Director | Sell | 10,000 | $20.78 | $207,800.00 | 1,562 | |
| 10/28/2013 | Michael Xie | VP | Sell | 2,600 | $20.05 | $52,130.00 | | |
| 8/1/2013 | Christopher Paisley | Director | Sell | 20,000 | $21.45 | $429,000.00 | | |
| 2/26/2013 | John Whittle | VP | Sell | 14,584 | $25.00 | $364,600.00 | | |
| 8/10/2012 | John Whittle | VP | Sell | 1,042 | $24.54 | $25,570.68 | | |
(Data available from 1/1/2013 forward)
Fortinet (NASDAQ FTNT) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | US Markets Dominate Palo Alto Networks’ Business Growth
finance.yahoo.com - April 21 at 5:08 PM |
 | Analysis: Positioning to Benefit within Team, Fortinet, Rockwell Collins, Franklin Street Properties, Akorn, and Targa ...
www.globenewswire.com - April 20 at 8:37 AM |
| Analysis: Positioning to Benefit within Team, Fortinet, Rockwell Collins, Franklin Street Properties, Akorn, and Targa Resources — Research Highlights Growth, Revenue, and Consolidated Results
finance.yahoo.com - April 20 at 8:37 AM |
| Palo Alto Networks’ Subscriptions and Support Business
finance.yahoo.com - April 19 at 5:29 PM |
 | Billion-Dollar Unicorns: Can Fortinet Get To $10 Billion In Revenue?
seekingalpha.com - April 17 at 5:45 PM |
| Fortinet Receives Recommended Rating in NSS Labs Latest Advanced Endpoint Protection Test Report
finance.yahoo.com - April 17 at 5:45 PM |
| Fortinet Delivers Integrated NOC-SOC Solution to Automate IT Processes and Security Response
globenewswire.com - April 16 at 5:12 PM |
 | Citigroup Increases Fortinet (FTNT) Price Target to $56.00
www.americanbankingnews.com - April 16 at 10:54 AM |
| Fortinet (FTNT) Given a $38.00 Price Target by Evercore ISI Analysts
www.americanbankingnews.com - April 15 at 7:48 PM |
| Fortinet (FTNT) Given a $50.00 Price Target by Robert W. Baird Analysts
www.americanbankingnews.com - April 15 at 5:39 PM |
| Fortinet (FTNT) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - April 15 at 10:59 AM |
| Fortinet (FTNT) Earns "Buy" Rating from Cowen
www.americanbankingnews.com - April 15 at 9:31 AM |
| Fortinet (FTNT) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - April 14 at 10:53 PM |
| Zacks: Analysts Expect Fortinet Inc (FTNT) Will Post Quarterly Sales of $390.44 Million
www.americanbankingnews.com - April 14 at 5:35 AM |
| What’s Driving Fortinet’s Deferred Revenues?
finance.yahoo.com - April 13 at 8:36 AM |
 | Global Managed Security Services Market 2018-2022 with Cisco, Fortinet, HPE, IBM, and Symantec Dominating ...
www.businesswire.com - April 12 at 5:25 PM |
| What’s Driving Fortinet’s High-Value Client Growth?
finance.yahoo.com - April 12 at 5:25 PM |
| Fortinet’s Product Segment Maintains Stable Growth
finance.yahoo.com - April 12 at 8:56 AM |
| Fortinet Inc (FTNT) Expected to Post Earnings of $0.24 Per Share
www.americanbankingnews.com - April 12 at 1:13 AM |
| Media Advisory: Fortinet to Showcase the Third and the Latest Generation of Network Security with the Evolution of its ...
globenewswire.com - April 11 at 5:18 PM |
| Arista Networks Joins Fortinet Fabric-Ready Partner Program to Advance Security Automation Across Data Center and ...
globenewswire.com - April 11 at 5:18 PM |
| Fortinet (FTNT) Upgraded by ValuEngine to Hold
www.americanbankingnews.com - April 11 at 3:58 PM |
| Fortinet (FTNT) Cut to Equal Weight at Morgan Stanley
www.americanbankingnews.com - April 11 at 9:08 AM |
 | UPDATE: Fortinet (FTNT) PT Raised to $55 at Stephens
www.streetinsider.com - April 11 at 8:44 AM |
| Contract Wins Are Driving Fortinet’s Billings
finance.yahoo.com - April 11 at 8:44 AM |
| How Cloud Security Is Driving Fortinet’s Business
finance.yahoo.com - April 10 at 5:21 PM |
| Can Fortinet Maintain Its Earnings Growth Trend?
finance.yahoo.com - April 10 at 5:21 PM |
| Fortinet (FTNT) Now Covered by Credit Suisse Group
www.americanbankingnews.com - April 9 at 12:44 PM |
 | Here's Why You Should Add Fortinet (FTNT) to Your Portfolio
www.zacks.com - April 6 at 5:30 PM |
| Fortinet (FTNT) Stock Rating Upgraded by Deutsche Bank
www.americanbankingnews.com - April 6 at 4:14 PM |
| Fortinet (FTNT) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - April 5 at 1:11 PM |
| Fortinet Inc (FTNT) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 5 at 5:34 AM |
| Evercore ISI Reiterates Hold Rating for Fortinet (FTNT)
www.americanbankingnews.com - April 4 at 5:52 PM |
| Fortinet to Announce First Quarter 2018 Financial Results
globenewswire.com - April 3 at 5:24 PM |
| Fortinet (FTNT) Price Target Raised to $50.00 at Oppenheimer
www.americanbankingnews.com - March 30 at 12:48 PM |
| Fortinet (FTNT) Stock Rating Lowered by Barclays
www.americanbankingnews.com - March 30 at 12:12 PM |
| Fortinet's (FTNT) Buy Rating Reiterated at BMO Capital Markets
www.americanbankingnews.com - March 29 at 9:07 AM |
| UPDATE: Fortinet (FTNT) PT Raised to $58 at BMO Capital; 'Better Products'
www.streetinsider.com - March 29 at 8:40 AM |
| Zacks.com featured highlights include: Archer Daniels, Phibro Animal, NEXEO, Western Digital and Fortinet
finance.yahoo.com - March 29 at 8:40 AM |
| Robert W. Baird Raises Fortinet (FTNT) Price Target to $56.00
www.americanbankingnews.com - March 28 at 7:04 PM |
| $390.33 Million in Sales Expected for Fortinet Inc (FTNT) This Quarter
www.americanbankingnews.com - March 28 at 10:35 AM |
| Pulse Secure NAC Integrates with Fortinet Security Fabric to Enrich Endpoint Intelligence and Automate Threat Response
globenewswire.com - March 28 at 8:41 AM |
| Fortinet (FTNT) Price Target Raised to $60.00 at Oppenheimer
www.americanbankingnews.com - March 27 at 10:59 AM |
| Fortinet (FTNT) Lowered to Hold at Deutsche Bank
www.americanbankingnews.com - March 26 at 8:14 PM |
| Analysts Expect Fortinet Inc (FTNT) to Post $0.24 Earnings Per Share
www.americanbankingnews.com - March 26 at 3:24 AM |
| Fortinet (FTNT) Receives "Buy" Rating from Robert W. Baird
www.americanbankingnews.com - March 25 at 12:53 PM |
| BMO Capital Markets Increases Fortinet (FTNT) Price Target to $50.00
www.americanbankingnews.com - March 25 at 12:13 PM |
| Evercore ISI Analysts Give Fortinet (FTNT) a $42.00 Price Target
www.americanbankingnews.com - March 25 at 12:12 PM |
| Fortinet's (FTNT) Equal Weight Rating Reiterated at KeyCorp
www.americanbankingnews.com - March 22 at 1:24 PM |
| Fortinet (FTNT) Given New $62.00 Price Target at UBS
www.americanbankingnews.com - March 21 at 6:40 PM |
Fortinet (NASDAQ:FTNT) SEC Filings
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Fortinet (NASDAQ:FTNT) Income Statement, Balance Sheet and Cash Flow Statement
Fortinet (NASDAQ FTNT) Stock Chart for Monday, April, 23, 2018
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