Recent discussions on X about Fortinet (FTNT) have centered around a significant downgrade by a major financial institution, sparking intense debate among investors. Many users expressed concern over the lowered price target and the cited issues with the company’s firewall refresh cycle, which some believe could hinder future growth. The conversation has been notably active, with posts reflecting a mix of frustration and curiosity about the stock’s near-term trajectory.
Despite the negative news, a few voices on X have highlighted Fortinet’s long-standing strengths in the cybersecurity sector, pointing to past performance as a reason for optimism. Some discussions also touched on recent recognitions of the company’s technology, though these positive notes are often overshadowed by the downgrade’s impact. The dialogue remains fluid as investors weigh the risks against the potential for recovery.
Note: This discussion summary was generated from an AI condensation of post data.
Fortinet Congressional Stock Trading
Members of Congress have traded $FTNT stock 2 times in the past 6 months. Of those trades, 0 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.
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 24 times in the past 6 months. Of those trades, 1 have been purchases and 23 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 9 sales selling 522,974 shares for an estimated $52,390,627.
- 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 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 711 institutional investors add shares of Fortinet stock to their portfolio, and 652 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
- GAMMA INVESTING LLC removed 1,904,854 shares (-98.8%) from their portfolio in Q2 2025, for an estimated $201,381,164
- QUBE RESEARCH & TECHNOLOGIES LTD removed 1,851,553 shares (-52.1%) from their portfolio in Q2 2025, for an estimated $195,746,183
- JACOBS LEVY EQUITY MANAGEMENT, INC added 1,746,820 shares (+1668.6%) to their portfolio in Q2 2025, for an estimated $184,673,810
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 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
- Truist Securities issued a "Buy" rating on 08/07/2025
- Mizuho issued a "Underperform" rating on 08/07/2025
- Scotiabank issued a "Sector Outperform" 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 24 analysts offer price targets for $FTNT in the last 6 months, with a median target of $90.0.
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
- Patrick Colville from Scotiabank set a target price of $85.0 on 08/07/2025
- Saket Kalia from Barclays set a target price of $90.0 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
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.
