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Insider Sale: PRESIDENT & CEO of $FTNT Sells 40,471 Shares

Automated

Ken Xie, the PRESIDENT & CEO of $FTNT, sold 40,471 shares of the company on 11-03-2025 for an estimated $3,460,108. We received data on the trade from a recent SEC filing. This was a sale of approximately 0.1% of their shares of this class of stock. Following this trade, they now own 51,509,893 shares of this class of $FTNT stock.

$FTNT Insider Trading Activity

FTNT Insider Trades

$FTNT 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.

$FTNT Hedge Fund Activity

We have seen 631 institutional investors add shares of $FTNT stock to their portfolio, and 694 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.

$FTNT 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:

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$FTNT 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
  • Truist Securities issued a "Buy" rating on 08/07/2025
  • Scotiabank issued a "Sector Outperform" rating on 08/07/2025
  • Wedbush issued a "Outperform" rating on 08/07/2025
  • Mizuho issued a "Underperform" rating on 08/07/2025

To track analyst ratings and price targets for $FTNT, check out Quiver Quantitative's $FTNT forecast page.

$FTNT 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
  • Patrick Colville from Scotiabank set a target price of $85.0 on 08/07/2025
  • Rob Owens from Piper Sandler set a target price of $90.0 on 08/07/2025
  • Catharine Trebnick from Rosenblatt set a target price of $85.0 on 08/07/2025
  • Brian Essex from JP Morgan set a target price of $87.0 on 08/07/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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