Fortinet (NASDAQ:FTNT – Get Free Report) issued an update on its second quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.39-0.41 for the period, compared to the consensus EPS estimate of $0.39. The company issued revenue guidance of $1.375-1.435 billion, compared to the consensus revenue estimate of $1.39 billion. Fortinet also […]
Fortinet (NASDAQ:FTNT – Get Free Report) had its price target decreased by analysts at Royal Bank of Canada from $71.00 to $68.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “sector perform” rating on the software maker’s stock. Royal Bank of Canada’s target price points to a potential upside […]
Andar Capital Management HK Ltd boosted its stake in Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 150.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 110,000 shares of the software maker’s stock after buying an additional 66,000 shares during the period. Fortinet accounts […]
Choreo LLC lowered its stake in Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,250 shares of the software maker’s stock after selling 175 shares during the period. Choreo LLC’s holdings in Fortinet were worth $951,000 […]
Alpha Cubed Investments LLC cut its position in shares of Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 25.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,005 shares of the software maker’s stock after selling 1,373 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Fortinet were worth $234,000 at the end […]