Fortinet, Inc. (NASDAQ:FTNT – Get Free Report) VP Michael Xie sold 24,710 shares of the business’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $64.48, for a total value of $1,593,300.80. Following the transaction, the vice president now owns 10,867,018 shares in the company, valued at […]
LGT Group Foundation grew its holdings in Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 14.4% in the 4th quarter, Holdings Channel reports. The fund owned 748,784 shares of the software maker’s stock after purchasing an additional 94,475 shares during the quarter. Fortinet comprises 1.0% of LGT Group Foundation’s portfolio, making the stock its 23rd biggest […]
LGT Group Foundation raised its stake in shares of Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 14.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 748,784 shares of the software maker’s stock after acquiring an additional 94,475 shares during the […]
Fortinet, Inc. (NASDAQ:FTNT – Get Free Report) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 13,970,000 shares, a growth of 5.9% from the March 31st total of 13,190,000 shares. Based on an average trading volume of 5,740,000 shares, the days-to-cover ratio is […]
Fortinet (NASDAQ:FTNT – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Rosenblatt Securities in a research note issued to investors on Friday, Benzinga reports. They presently have a $85.00 target price on the software maker’s stock. Rosenblatt Securities’ price objective points to a potential upside of 42.33% from the company’s […]