Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Fortinet Inc shares valued at $46,936,043 were sold by Xie Michael on Aug 04 ’25. At $98.48 per share, Xie Michael sold 476,596 shares. The insider’s holdings dropped to 9,730,560 shares worth approximately $751.69 million following the completion of this transaction.
Also, Xie Ken sold 158,486 shares, netting a total of over 15,607,891 in proceeds. Following the sale of shares at $98.48 each, the insider now holds 51,391,879 shares.
Before that, Ohlgart Christiane had sold 110 shares from its account. In a trade valued at $10,830, the Chief Financial Officer traded Fortinet Inc shares for $98.45 each. Upon closing the transaction, the insider’s holdings decreased to 110 shares, worth approximately $0.49 million.
As published in a research note from Erste Group on August 14, 2025, Fortinet Inc [FTNT] has been rated down from a Buy to a Hold. Analysts at DZ Bank upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of August 07, 2025, BMO Capital Markets has reiterated its “Market perform” rating for FTNT. Earlier on August 07, 2025, TD Cowen downgraded its rating. Their new recommendation was “a Hold” for FTNT stock which previously was a “a Buy”.
Analyzing FTNT Stock Performance
On last trading session, Fortinet Inc [NASDAQ: FTNT] plunged -2.62% to $77.25. The stock’s lowest price that day was $76.82, but it reached a high of $78.595 in the same session. During the last five days, there has been a surge of approximately 2.59%. Over the course of the year, Fortinet Inc shares have jumped approximately 9.79%. Shares of the company reached a 52-week high of $114.82 on 02/18/25 and a 52-week low of $70.12 on 08/07/25.
Support And Resistance Levels for Fortinet Inc (FTNT)
According to the 24-hour chart, there is a support level at 76.51, which, if violated, would cause prices to drop to 75.78. In the upper region, resistance lies at 78.29. The next price resistance is at 79.33. RSI (Relative Strength Index) is 25.74 on the 14-day chart, showing oversold technical sentiment.
Is Fortinet Inc subject to short interest?
Stocks of Fortinet Inc saw a sharp steep in short interest on 2025-07-31 dropping by -2.26 million shares to 17.53 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 19.79 million shares. A decline of -12.91% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.44 of the overall float, the days-to-cover ratio (short ratio) decline to 4.44.
Which companies own the most shares of Fortinet Inc (FTNT)?
In terms of Fortinet Inc share price expectations, FactSet research, analysts set an average price target of 106.5 in the next 12 months, up nearly 34.25% from the previous closing price of $79.33. Analysts anticipate Fortinet Inc stock to reach 123 by 2025, with the lowest price target being 78. In spite of this, 24 analysts ranked Fortinet Inc stock as Buy at the end of 2025. On August 07, 2025, Rosenblatt assigned a price target of “a Neutral” to the stock and downgraded coverage with a $85.
