Fortinet Inc (FTNT) may enjoy gains as insiders got busy in the recent days

Fortinet Inc’s recently made public that its PRESIDENT & CEO Xie Ken unloaded Company’s shares for reported $1.68 million on Mar 13 ’24. In the deal valued at $70.75 per share,23,699 shares were sold. As a result of this transaction, Xie Ken now holds 48,642,973 shares worth roughly $3.14 billion. Then, Xie Ken sold 23,694 […]

Rise in FTNT’s short interest indicates Bearish sentiment

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Fortinet Inc shares valued at $1,676,724 were sold by Xie Ken on Mar 13 ’24. At $70.75 per share, Xie Ken sold 23,699 shares. The insider’s holdings dropped to 48,642,973 shares worth approximately $3.31 billion following the […]

FTNT’s latest rating updates from top analysts.

Fortinet Inc’s filing revealed that its PRESIDENT & CEO Xie Ken unloaded Company’s shares for reported $1.68 million on Mar 13 ’24. In the deal valued at $70.75 per share,23,699 shares were sold. As a result of this transaction, Xie Ken now holds 48,642,973 shares worth roughly $3.45 billion. Then, Xie Ken sold 23,694 shares, […]

Daiwa Securities analysts upgrades an Outperform rating for Fortinet Inc (FTNT)

Fortinet Inc’s recently made public that its PRESIDENT & CEO Xie Ken unloaded Company’s shares for reported $1.68 million on Mar 13 ’24. In the deal valued at $70.75 per share,23,699 shares were sold. As a result of this transaction, Xie Ken now holds 48,642,973 shares worth roughly $3.35 billion. Then, Xie Ken sold 23,694 […]

FTNT short interest jump by 11.35%, reflecting negative sentiment

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 $1,676,724 were sold by Xie Ken on Mar 13 ’24. At $70.75 per share, Xie Ken sold 23,699 shares. The insider’s holdings dropped to 48,642,973 shares […]

Daiwa Securities Upgrades Fortinet Inc (FTNT) to an Outperform from a Neutral

Fortinet Inc’s filing revealed that its PRESIDENT & CEO Xie Ken unloaded Company’s shares for reported $1.68 million on Mar 13 ’24. In the deal valued at $70.75 per share,23,699 shares were sold. As a result of this transaction, Xie Ken now holds 48,642,973 shares worth roughly $3.32 billion. Then, Xie Ken sold 23,694 shares, […]