Recent chatter on X about Fortinet (FTNT) has been dominated by the cybersecurity firm's latest earnings report, which showed a mixed bag of results. While the company beat expectations on earnings per share and reported solid revenue growth, a disappointing third-quarter revenue forecast has sparked concern among investors. Posts on X reflect a sharp reaction to the stock's significant drop in after-hours trading, with many questioning the impact of economic uncertainty on future performance.
Amidst the financial focus, some discussions on X also touch on Fortinet's competitive positioning in the cybersecurity space, especially as industry consolidation looms with rivals. There’s a split in opinions, with some highlighting the company’s strong margins and growth in areas like security operations as reasons for long-term confidence. The tone of these conversations suggests a pivotal moment for the stock as market sentiment sways.
Note: This discussion summary was generated from an AI condensation of post data.
Fortinet Congressional Stock Trading
Members of Congress have traded $FTNT stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $FTNT stock by members of Congress over the last 6 months:
- REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 05/12.
- REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 04/11.
- REPRESENTATIVE BYRON DONALDS has traded it 2 times. They made 2 purchases worth up to $30,000 on 02/13 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Fortinet Insider Trading Activity
Fortinet insiders have traded $FTNT stock on the open market 38 times in the past 6 months. Of those trades, 2 have been purchases and 36 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 10 sales selling 806,926 shares for an estimated $79,391,833.
- KEN XIE (PRESIDENT & CEO) has made 0 purchases and 16 sales selling 568,395 shares for an estimated $57,281,693.
- KEITH JENSEN (Chief Financial Officer) has made 0 purchases and 6 sales selling 41,160 shares for an estimated $4,596,626.
- KENNETH A GOLDMAN has made 0 purchases and 2 sales selling 3,000 shares for an estimated $299,320.
- CHRISTIANE OHLGART (Chief Financial Officer) has made 0 purchases and 2 sales selling 1,274 shares for an estimated $132,712.
- WILLIAM H. NEUKOM has made 2 purchases buying 663 shares for an estimated $69,789 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Fortinet Hedge Fund Activity
We have seen 696 institutional investors add shares of Fortinet stock to their portfolio, and 578 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 6,292,564 shares (-93.1%) from their portfolio in Q1 2025, for an estimated $605,722,210
- VANGUARD GROUP INC added 3,546,934 shares (+5.2%) to their portfolio in Q1 2025, for an estimated $341,427,866
- PRICE T ROWE ASSOCIATES INC /MD/ removed 3,463,766 shares (-30.9%) from their portfolio in Q1 2025, for an estimated $333,422,115
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 2,495,357 shares (+12560.9%) to their portfolio in Q1 2025, for an estimated $240,203,064
- BLACKROCK, INC. added 1,985,703 shares (+3.5%) to their portfolio in Q1 2025, for an estimated $191,143,770
- GAMMA INVESTING LLC removed 1,904,854 shares (-98.8%) from their portfolio in Q2 2025, for an estimated $201,381,164
- D. E. SHAW & CO., INC. removed 1,797,545 shares (-41.1%) from their portfolio in Q1 2025, for an estimated $173,031,681
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings 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 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Truist Securities issued a "Buy" rating on 08/07/2025
- Wedbush issued a "Outperform" rating on 08/07/2025
- Mizuho issued a "Underperform" rating on 08/07/2025
- Scotiabank issued a "Sector Outperform" rating on 05/08/2025
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 21 analysts offer price targets for $FTNT in the last 6 months, with a median target of $100.0.
Here are some recent targets:
- Dan Bergstrom from RBC Capital set a target price of $95.0 on 08/07/2025
- 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
- Daniel Ives from Wedbush set a target price of $100.0 on 08/07/2025
- Catharine Trebnick from Rosenblatt set a target price of $85.0 on 08/07/2025
- Joel Fishbein from Truist Securities set a target price of $95.0 on 08/07/2025
- Andrew Nowinski from Wells Fargo 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.
