Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. 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 $3.92 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 $800.75 million.
As published in a research note from JP Morgan on December 17, 2025, Fortinet Inc [FTNT] has been rated down from a Neutral to an Underweight and the price target has been revised to $75. Analysts at Daiwa Securities downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid November. As of September 02, 2025, Morgan Stanley has decreased its “an Equal-weight” rating to a “an Underweight” for FTNT. Earlier on August 14, 2025, Erste Group 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 -0.09% to $76.32. The stock’s lowest price that day was $76.19, but it reached a high of $78.33 in the same session. During the last five days, there has been a drop of approximately -2.22%. Over the course of the year, Fortinet Inc shares have dropped approximately -17.48%.
Support And Resistance Levels for Fortinet Inc (FTNT)
RSI (Relative Strength Index) is 36.77 on the 14-day chart, showing neutral technical sentiment.
Is Fortinet Inc subject to short interest?
Stocks of Fortinet Inc saw a sharp steep in short interest on 2025-12-31 dropping by -1.79 million shares to 20.93 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 22.72 million shares. A decline of -8.53% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.75 of the overall float, the days-to-cover ratio (short ratio) decline to 3.75.
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 87 in the next 12 months, up nearly 13.89% from the previous closing price of $76.39. Analysts anticipate Fortinet Inc stock to reach 90 by 2026, with the lowest price target being 70. In spite of this, 24 analysts ranked Fortinet Inc stock as Buy at the end of 2026. On August 08, 2025, DZ Bank assigned a price target of “a Buy” to the stock and upgraded coverage with a $85.
