Fortinet Inc’s recent filing unveils that its Director NEUKOM WILLIAM H. acquired Company’s shares for reported $34912.0 on Jun 06 ’25. In the deal valued at $104.22 per share,335 shares were bought. As a result of this transaction, NEUKOM WILLIAM H. now holds 301,471 shares worth roughly $31.63 million.
Then, Ohlgart Christiane sold 1,164 shares, generating $121,883 in total proceeds. Upon selling the shares at $104.71, the Chief Financial Officer now owns 6,062 shares.
Before that, MARGRIT CHRISTIANE OHLGART bought 1,164 shares. Fortinet Inc shares valued at $120,474 were divested by the Officer at a price of $103.50 per share.
BMO Capital Markets reiterated its Fortinet Inc [FTNT] rating to a Market perform in a research note published on May 08, 2025; the price target was $110. A number of analysts have revised their coverage, including DZ Bank’s analysts, who decreased its forecast for the stock in early May from “a Hold” to “a Sell”. Roth Capital began covering FTNT with “Neutral” recommendation on April 23, 2025. Stephens started covering the stock on April 01, 2025. It rated FTNT as “an Equal-weight”.
Price Performance Review of FTNT
On Tuesday, Fortinet Inc [NASDAQ:FTNT] saw its stock jump 1.90% to $104.93. Over the last five days, the stock has lost -2.43%. Fortinet Inc shares have risen nearly 78.48% since the year began. Nevertheless, the stocks have risen 11.06% over the past one year. While a 52-week high of $114.82 was reached on 02/18/25, a 52-week low of $54.57 was recorded on 04/07/25.
Levels Of Support And Resistance For FTNT Stock
The 24-hour chart illustrates a support level at 103.73, which if violated will result in even more drops to 102.52. On the upside, there is a resistance level at 105.79. A further resistance level may holdings at 106.64.
How much short interest is there in Fortinet Inc?
A steep rise in short interest was recorded in Fortinet Inc stocks on 2025-06-13, growing by 1.76 million shares to a total of 17.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 15.88 million shares. There was a rise of 9.97%, which implies that there is a positive sentiment for the stock.
