The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Fortinet Inc shares valued at $13,710,381 were sold by Xie Ken on Nov 03 ’25. At $86.51 per share, Xie Ken sold 158,485 shares. The insider’s holdings dropped to 51,391,879 shares worth approximately $4.14 billion following the completion of this transaction.
Also, Ohlgart Christiane sold 110 shares, netting a total of over 9,515 in proceeds. Following the sale of shares at $86.50 each, the insider now holds 6,724 shares.
Before that, Xie Michael had sold 3,546 shares from its account. In a trade valued at $306,825, the VP, ENGINEERING & CTO traded Fortinet Inc shares for $86.53 each. Upon closing the transaction, the insider’s holdings decreased to 3,546 shares, worth approximately $845.03 million.
As published in a research note from Morgan Stanley on September 02, 2025, Fortinet Inc [FTNT] has been rated down from an Equal-weight to an Underweight and the price target has been revised to $67. Analysts at Erste Group downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid August. As of August 08, 2025, DZ Bank has increased its “Hold” rating to a “Buy” for FTNT. Earlier on August 07, 2025, BMO Capital Markets resumed its rating. Their recommendation was “a Market perform” for FTNT stock.
Analyzing FTNT Stock Performance
On last trading session, Fortinet Inc [NASDAQ: FTNT] plunged -6.34% to $80.54. The stock’s lowest price that day was $75.41, but it reached a high of $81.6899 in the same session. During the last five days, there has been a drop of approximately -4.35%. Over the course of the year, Fortinet Inc shares have jumped approximately 2.16%. 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 76.67, which, if violated, would cause prices to drop to 72.80. In the upper region, resistance lies at 83.05. The next price resistance is at 85.56. RSI (Relative Strength Index) is 38.37 on the 14-day chart, showing neutral technical sentiment.
Is Fortinet Inc subject to short interest?
Stocks of Fortinet Inc saw a sharp rise in short interest on 2025-10-15 jumping by 0.9 million shares to 20.33 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 19.43 million shares. A jump of 4.42% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.64 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.64.
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 88.5 in the next 12 months, up nearly 2.92% from the previous closing price of $85.99. Analysts anticipate Fortinet Inc stock to reach 110 by 2025, with the lowest price target being 67. In spite of this, 24 analysts ranked Fortinet Inc stock as Buy at the end of 2025. On August 07, 2025, TD Cowen assigned a price target of “a Hold” to the stock and downgraded coverage with a $105.
