FORTINET ($FTNT) posted quarterly earnings results on Wednesday, November 5th. The company reported earnings of $0.74 per share, beating estimates of $0.64 by $0.10. The company also reported revenue of $1,724,900,000, missing estimates of $1,738,083,825 by $-13,183,825.
You can see Quiver Quantitative's $FTNT stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
FORTINET Insider Trading Activity
FORTINET insiders have traded $FTNT stock on the open market 16 times in the past 6 months. Of those trades, 1 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $FTNT stock by insiders over the last 6 months:
- MICHAEL XIE (VP, ENGINEERING & CTO) has made 0 purchases and 6 sales selling 480,142 shares for an estimated $47,242,867.
- KEN XIE (PRESIDENT & CEO) has made 0 purchases and 6 sales selling 316,971 shares for an estimated $29,318,272.
- CHRISTIANE OHLGART (Chief Financial Officer) has made 0 purchases and 3 sales selling 1,384 shares for an estimated $142,227.
- WILLIAM H. NEUKOM purchased 335 shares for an estimated $34,912
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
FORTINET Hedge Fund Activity
We have seen 622 institutional investors add shares of FORTINET stock to their portfolio, and 703 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORGES BANK added 7,857,682 shares (+102.5%) to their portfolio in Q2 2025, for an estimated $830,714,141
- BLACKROCK, INC. added 5,248,360 shares (+9.0%) to their portfolio in Q2 2025, for an estimated $554,856,619
- AMUNDI removed 2,837,640 shares (-45.7%) from their portfolio in Q2 2025, for an estimated $299,995,300
- TWO SIGMA ADVISERS, LP removed 2,651,000 shares (-59.1%) from their portfolio in Q2 2025, for an estimated $280,263,720
- DSM CAPITAL PARTNERS LLC removed 2,528,477 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $212,594,346
- FEDERATED HERMES, INC. removed 1,942,863 shares (-84.1%) from their portfolio in Q3 2025, for an estimated $163,355,921
- QUBE RESEARCH & TECHNOLOGIES LTD removed 1,851,553 shares (-52.1%) from their portfolio in Q2 2025, for an estimated $195,746,183
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
FORTINET Congressional Stock Trading
Members of Congress have traded $FTNT stock 4 times in the past 6 months. Of those trades, 1 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $FTNT stock by members of Congress over the last 6 months:
- REPRESENTATIVE BYRON DONALDS has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 09/04.
- REPRESENTATIVE LISA C. MCCLAIN purchased up to $15,000 on 08/13.
- REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 05/12.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
FORTINET Analyst Ratings
Wall Street analysts have issued reports on $FTNT in the last several months. We have seen 3 firms issue buy ratings on the stock, and 2 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Underweight" rating on 09/02/2025
- Wedbush issued a "Outperform" rating on 08/07/2025
- Scotiabank issued a "Sector Outperform" rating on 08/07/2025
- Mizuho issued a "Underperform" rating on 08/07/2025
- Truist Securities issued a "Buy" rating on 08/07/2025
To track analyst ratings and price targets for FORTINET, check out Quiver Quantitative's $FTNT forecast page.
FORTINET Price Targets
Multiple analysts have issued price targets for $FTNT recently. We have seen 18 analysts offer price targets for $FTNT in the last 6 months, with a median target of $86.0.
Here are some recent targets:
- Meta Marshall from Morgan Stanley set a target price of $67.0 on 09/02/2025
- Fatima Boolani from Citigroup set a target price of $85.0 on 08/18/2025
- Amit Daryanani from Evercore ISI Group set a target price of $78.0 on 08/08/2025
- Adam Borg from Stifel set a target price of $85.0 on 08/07/2025
- Keith Bachman from BMO Capital set a target price of $90.0 on 08/07/2025
- Roger Boyd from UBS set a target price of $90.0 on 08/07/2025
- Patrick Colville from Scotiabank set a target price of $85.0 on 08/07/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
