Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. 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 $4.16 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 $850.17 million.
As published in a research note from Daiwa Securities on November 12, 2025, Fortinet Inc [FTNT] has been rated down from an Outperform to a Neutral and the price target has been revised to $86. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in early September. As of August 14, 2025, Erste Group has decreased its “Buy” rating to a “Hold” for FTNT. Earlier on August 08, 2025, DZ Bank upgraded its rating. Their new recommendation was “a Buy” for FTNT stock which previously was a “a Hold”.
Analyzing FTNT Stock Performance
On last trading session, Fortinet Inc [NASDAQ: FTNT] plunged -1.35% to $81.03. The stock’s lowest price that day was $80.945, but it reached a high of $82.55 in the same session. During the last five days, there has been a surge of approximately 0.61%. Over the course of the year, Fortinet Inc shares have dropped approximately -16.62%. 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 80.47, which, if violated, would cause prices to drop to 79.90. In the upper region, resistance lies at 82.07. The next price resistance is at 83.11. RSI (Relative Strength Index) is 41.63 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 2025-10-31 jumping by 0.2 million shares to 21.07 million. Data from Yahoo Finance shows that the short interest on 2025-09-30 was 20.86 million shares. A jump of 0.96% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.87 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.87.
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 7.74% from the previous closing price of $82.14. 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, BMO Capital Markets assigned a price target of “a Market perform” to the stock and reiterated coverage with a $90.
