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 $743.8 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 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 -0.18% to $76.44. The stock’s lowest price that day was $75.11, but it reached a high of $76.63 in the same session. During the last five days, there has been a drop of approximately -2.16%. Over the course of the year, Fortinet Inc shares have dropped approximately -0.35%. 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 75.49, which, if violated, would cause prices to drop to 74.54. In the upper region, resistance lies at 77.01. The next price resistance is at 77.58. RSI (Relative Strength Index) is 33.77 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 2025-08-15 dropping by -0.46 million shares to 18.09 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 18.55 million shares. A decline of -2.55% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.21 of the overall float, the days-to-cover ratio (short ratio) decline to 2.21.
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 39.07% from the previous closing price of $76.58. Analysts anticipate Fortinet Inc stock to reach 123 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.
