FTNT

Fortinet Inc

136.08

Oct 30 • 3:59 PM ET -3.02 (-2.17%)

136.23

Aftermarket • 7:59 PM ET +0.15 (0.11%)

Technology Software - Infrastructure USA Large NASD

Oct 29, 8:46 AMFortinet cuts full-year service revenue forecast to $5.15–$5.17B, below prior $5.18–$5.22B range and Wall Street’s $5.2B expectation

Peers: PANW CHKP ZS CRWD NET CSCO NTSK OKTA HPE S

| Held by: VTI VOO QQQ VUG VO IVV CIBR SPY VGT XLK

Scroll to Statements

Index	NDX, S&P 500
Market Cap	99.84B
Enterprise Value	95.54B
Income	2.28B
Sales	7.88B
Book/sh	3.06
Cash/sh	6.54
Dividend Est.	-
Dividend TTM	-
Dividend Ex-Date	-
Dividend Gr. 3/5Y	- -
Payout	0.00%
Employees	15109
IPO	Nov 18, 2009

P/E	44.31
Forward P/E	35.11
PEG	2.13
P/S	12.67
P/B	44.49
P/C	20.81
P/FCF	29.10
EV/EBITDA	34.69
EV/Sales	12.12
Quick Ratio	1.28
Current Ratio	1.40
Debt/Eq	0.22
LT Debt/Eq	0.22
Option/Short	Yes / Yes

EPS (ttm)	3.07
EPS next Y	3.88
EPS next Q	0.94
EPS this Y	28.86%
EPS next Y	8.98%
EPS next 5Y	16.52%
EPS past 3/5Y	31.56% 32.99%
Sales past 3/5Y	15.46% 21.25%
EPS Y/Y TTM	26.26%
Sales Y/Y TTM	20.23%
EPS Q/Q	37.46%
Sales Q/Q	20.49%
Earnings	Oct 28 AMC
EPS/Sales Surpr.	5.81% 0.71%

Insider Own	17.20%
Insider Trans	-0.43%
Inst Own	72.46%
Inst Trans	-0.23%
ROA	21.43%
ROE	153.08%
ROIC	83.18%
Gross Margin	79.75%
Oper. Margin	32.91%
Profit Margin	28.96%
SMA20	-23.43%
SMA50	-20.58%
SMA200	5.99%
Trades

Shs Outstand	734.60M
Shs Float	607.52M
Short Float	1.99%
Short Ratio	2.63
Short Interest	12.08M
52W High	197.13 -30.97%
52W Low	73.55 85.02%
Volatility	5.28% 3.97%
ATR (14)	9.60
RSI (14)	26.63
Beta	1.01
Rel Volume	1.89
Avg Volume	4.59M
Volume	8,678,036

Perf Week	-24.40%
Perf Month	-23.86%
Perf Quarter	-16.62%
Perf Half Y	57.70%
Perf YTD	71.36%
Perf Year	61.62%
Perf 3Y	141.62%
Perf 5Y	102.30%
Perf 10Y	2040.97%
Recom	2.96
Target Price	148.69
Prev Close	139.10
Price	136.08
Change %	-2.17%

Consensus

Hold

Avg. Price Target

$148.69

Implied Upside

+9.3%

Analysts15incl. previous ratings

Rating Distribution3 Buy · 8 Hold · 4 Sell

Date	Action	Analyst	Rating Change	Price Target Change	Implied Upside
Oct 29, 2026	Downgrade	BBofA Securities	Buy → Neutral	$140	+2.9%
Oct 21, 2026	Downgrade	AArete	Buy → Sell	$117	-14.0%
Sep 11, 2026	Downgrade	WWedbush	Outperform → Neutral	$155	+13.9%
Jul 30, 2026	Reiterated	BBMO Capital Markets	Market Perform	$170 → $185	+35.9%
Jul 21, 2026	Upgrade	MMorgan Stanley	Underweight → Equal-Weight	$133	-2.3%
Jun 30, 2026	Downgrade	HHSBC Securities	Hold → Reduce	$102	-25.0%
May 19, 2026	Downgrade	DDZ Bank	Buy → Hold	$125	-8.1%
May 07, 2026	Upgrade	BBTIG Research	Neutral → Buy	$125	-8.1%
May 07, 2026	Reiterated	BBMO Capital Markets	Market Perform	$100 → $117	-14.0%
May 04, 2026	Reiterated	BBMO Capital Markets	Market Perform	$95 → $100	-26.5%
Apr 27, 2026	Upgrade	AArete	Neutral → Buy	$104	-23.6%
Mar 03, 2026	Initiated	WWells Fargo	Underweight	$64	-53.0%
Feb 09, 2026	Reiterated	BBMO Capital Markets	Market Perform	$90 → $95	-30.2%
Feb 02, 2026	Downgrade	BScotiabank	Sector Outperform → Sector Perform	$85	-37.5%
Jan 29, 2026	Upgrade	RRosenblatt	Neutral → Buy	$100	-26.5%
Jan 23, 2026	Upgrade	TTD Cowen	Hold → Buy	$100	-26.5%
Dec 17, 2025	Downgrade	JJP Morgan	Neutral → Underweight	$75	-44.9%
Nov 12, 2025	Downgrade	DDaiwa Securities	Outperform → Neutral	$86	-36.8%
Sep 02, 2025	Downgrade	MMorgan Stanley	Equal-Weight → Underweight	$67	-50.8%
Aug 14, 2025	Downgrade	EErste Group	Buy → Hold

Oct-30-26 11:26AM	In a wild October for markets, these stocks were the biggest winners and losers (MarketWatch)
Oct-29-26 06:22PM	Fortinet (FTNT) Stock Plunges After Q3 Earnings: Time to Buy the Dip? (Zacks) -20.09%
04:30PM	Fortinet Inc. stock underperforms Thursday when compared to competitors (MarketWatch)
04:27PM	ServiceNow stock sinks in worst day ever, Fortinet shares drop as Q3 earnings reports send software sector lower (Yahoo Finance)
03:17PM	Stock market today: Dow, S&P 500, Nasdaq fall as Alphabet stock sell-off drags on tech, AI jitters return (Yahoo Finance)
10:52AM	Loading…
10:52AM	Fortinet Shares Fall More Than 25% as Product Revenue Growth Slows to 37% (InvestorsHub)
10:30AM	Fortinet shares plunge 23% despite higher revenue outlook as service growth disappoints (Proactive)
10:14AM	Alphabet's Not the Only AI Stock Tanking the Market (Barrons.com)
09:24AM	Fortinet Stock Sinks. Analysts Say a Key Revenue Driver May Have Peaked. (Barrons.com)
08:49AM	SAP stock drops after ServiceNow, Fortinet results weigh (Investing.com)
07:20AM	FTNT Stock On Track To Revisit May Levels Despite Strong Earnings Analysts Flag Slowing Product Growth, Services Headwinds (Stocktwits)
06:03AM	Investors selling cybersecurity stocks are 'missing the point,' says Cramer (MarketWatch)
06:01AM	Fortinet stock slumps after earnings, and other early market movers (MarketWatch)
Oct-28-26 09:59PM	ServiceNow, Fortinet Results Dent SaaS Sentiment: CRM, PANW, INTU, ADBE Slide In Sympathy (Stocktwits) -5.90%
07:18PM	Fortinet's stock is taking a dive after earnings. Here's why. (MarketWatch)
06:25PM	Loading…
06:25PM	Fortinet Raises Guidance A Third Time, But A Services Shortfall And Broad Deceleration Undercut The Beat (Earnings Whispers)
05:28PM	Dow Jones Futures: Microsoft Rises Late, But Google, ServiceNow And Fortinet Dive On Earnings (Investor's Business Daily)
04:52PM	Fortinet Beats Expectations But Rosier Outlook Apparently Not Rosy Enough (Barrons.com)
04:46PM	Fortinet Earnings Top Views, Revenue Growth Underwhelms (Investor's Business Daily)
04:30PM	Fortinet Inc. stock underperforms Wednesday when compared to competitors (MarketWatch)
04:18PM	Fortinet: Q3 Earnings Snapshot (Associated Press)
04:05PM	Fortinet Reports Strong Third Quarter 2026 Financial Results (GlobeNewswire)
05:29AM	Microsoft and Alphabet headline big day of earnings (MarketWatch)
04:27AM	Stock Market Today: Dow set to ease while Nasdaq is set to rise with Fed decision on tap as Microsoft and Alphabet results loom; SK Hynix stock soars (MarketWatch)
Oct-27-26 09:00AM	Fortinet Expands Unified SASE to Simplify Microbranch Security (GlobeNewswire)
Oct-26-26 09:00AM	Fortinet Expands AI Security with the FortiGuard Inline AI Security Service (GlobeNewswire)
Oct-23-26 11:17AM	Fortinet growth outlook for 2027 becomes key test for investors, says Jefferies (Proactive)
09:27AM	Evercore Highlights 2 Cybersecurity Stocks as Demand Strengthens Into Year-End (Investing.com)
Oct-21-26 08:39AM	Fortinet stock falls as Arete delivers rare double downgrade to sell (Investing.com)
Oct-20-26 04:56PM	Fortinet Must Prove Its Hardware Surge Is Durable Demand, Not Pull-Forward (Earnings Whispers)
06:24PM	Loading…
Oct-16-26 06:24PM	CrowdStrike Stock Fell 7% on Friday. Heres What Could Drive Shares Through 2026 (TIKR) -7.03%
04:30PM	Fortinet Inc. stock underperforms Friday when compared to competitors (MarketWatch)
07:56AM	AI is a 'risky trade' - look at these quality stocks instead, says Piper Sandler (MarketWatch)
03:22AM	Stock Market Today: Dow, S&P 500 set to open higher as tech-heavy Nasdaq lags; Tesla stock rises (MarketWatch)
Oct-15-26 04:44PM	What Did CrowdStrike Say Before Its Stock Nearly Doubled? (Trefis)
08:02AM	Cybersecurity Stocks Retreat From Record Highs Citi Raises CRWD, PANW, ZS Targets On Improving Spending Momentum (Stocktwits)
Oct-14-26 09:23PM	What Would It Take For Synopsys Stock To Move Higher? (Trefis)
01:17PM	Fortinet Shares Jump with Earnings on Horizon (FX Empire)
Oct-13-26 04:48PM	What Was Cloudflare Telling You Before Its Stock Ran? (Trefis)
02:57PM	Should You Trim Or Add To Your CrowdStrike Position Now? (Trefis)
Oct-12-26 06:48PM	Does Zscaler Stock's Run Make Any Sense? (Trefis)
10:18AM	Microsoft CEO's AI Warning Draws Little Reaction From Cybersecurity Stocks (Barrons.com)
10:08AM	Is Cisco Stock Paying You Enough For The Swings? (Trefis)
Oct-08-26 08:12PM	What Sent Cloudflare Stock Higher? (Trefis)
12:56PM	Can Synopsys Stock Drop From Here? (Trefis)
Oct-07-26 03:19PM	CrowdStrike vs. Fortinet: Which Cybersecurity Stock Is Poised for Higher Highs? (Zacks)
02:29PM	What Is The Case For Waiting On Cisco Stock? (Trefis)
10:04AM	Are You Overpaying For CrowdStrike Stock Versus Its Rivals? (Trefis)
Oct-06-26 07:54AM	Cybersecurity stocks hit new highs as AI agents spark 'biggest risk today': Chart of the Day (Yahoo Finance)
Oct-05-26 11:43PM	Jeff Kilburg Backs 2 Tech Picks Even When They Trade Above Analyst Targets (BeInCrypto)
11:35AM	Where Could Synopsys Stock Be A Year From Now? (Trefis)
Oct-02-26 10:14AM	What Changed For CrowdStrike Stock, And What Did Not? (Trefis)
09:00AM	Fortinet to Announce Third Quarter 2026 Financial Results (GlobeNewswire)
04:47AM	What Is Driving The Move In Synopsys Stock? (Trefis)
03:55AM	How Do OpenAI And AWS Deals Reshape Synopsys's Design Automation Outlook? (Trefis)
Oct-01-26 03:23PM	Are There Signs Cisco Stock Is Going To Swing Big? (Trefis)
Sep-30-26 01:53PM	The One Number Cisco Stock Investors Should Watch (Trefis)
11:40AM	Is CrowdStrike Stock Paying You Enough For The Swings? (Trefis)
11:27AM	PANW Hits Record High As AI Safety Debate Continues To Boost Cybersecurity Stocks Analysts See Cyber Spending Upside (Stocktwits)
08:57AM	Threat Intelligence Market Projected to Reach $26.68 Billion by 2031 (PR Newswire)
08:29AM	Okta Stock Rises After Morgan Stanley Raises Price Target to $245 (GuruFocus.com)
08:00AM	QSE Appoints Threat Intelligence Veteran Joseph Hall as Chief Intelligence Officer (TMX Newsfile)
Sep-29-26 06:08PM	What Could Surprise Cisco Stock Investors On The Upside? (Trefis)
Sep-28-26 06:11PM	Where Could Zscaler's Next Growth Come From? (Trefis)
12:08PM	What Could Derail CrowdStrike Stock? (Trefis)
Sep-25-26 04:25PM	What Was Cisco Telling You Before Its Stock Ran? (Trefis)
12:24PM	Cybersecurity Stocks Pare Early-Week Gains Analysts See AI Security Demand Building, But Valuations Raise The Bar (Stocktwits)
Sep-24-26 08:37PM	How Much Could You Make If Synopsys Stock Rebounds From Here? (Trefis)
Sep-23-26 03:16PM	Cisco Stock Looks Expensive Until You Price The Year It Already Guided (Trefis)
Sep-22-26 04:10PM	What Happens To Synopsys Stock If AI Learns To Design Chips Without It? (Trefis)
04:01PM	What Happens To Cloudflare Stock If Its Growth Cools? (Trefis)
11:36AM	Is CrowdStrike Stock A Buy Today As AI Threats Lift Demand? (Trefis)
Sep-18-26 06:49PM	CRWD Stock Keeps Climbing. Should You Climb On? (Trefis)
03:27PM	Cybersecurity Stock Fortinet Forms Rare Pattern, Flirts With Buy Point (Investor's Business Daily)
02:33PM	Why Has Synopsys Stopped Leading With Bad News? (Trefis)
01:58PM	ZS, CRWD, PANW Stock In Focus Cybersecurity Firms Lead Weekly Nasdaq 100 Gains As AI Security Debate Intensifies (Stocktwits)
05:17AM	Cybersecurity Stocks Have Run Sharply Amid Tech Rotation: Freedom Capital's Jay Woods Says This Stock Has Ample Room To Run (Stocktwits)
Sep-17-26 03:02PM	Top 5 Tech Stocks Built to Weather Higher Interest Rates (Zacks)
02:22PM	Is Cisco Stock Priced For Orders That Are Not Yet Revenue? (Trefis)
Sep-16-26 09:26PM	Should You Buy Synopsys Stock While Its Cash Runs Far Ahead Of Its Profit? (Trefis)
Sep-15-26 06:20PM	What Growth Are You Paying For In Zscaler Stock? (Trefis)
05:57PM	What Are You Actually Buying In Cloudflare Stock? (Trefis)
05:32PM	Why Did Cisco Stop Leading With Its Campus Refresh? (Trefis)
10:00AM	Is CrowdStrike Stock Betting That Its Record Quarter Is The New Normal? (Trefis)
09:00AM	Fortinet Expands U.S. Presence with New Company-Owned Innovation Hub in New York City (GlobeNewswire)
Sep-14-26 07:50PM	What Kind Of Swing Are You Signing Up For With Synopsys Stock? (Trefis) +9.04%
05:50PM	2 Top Cybersecurity Stocks to Buy Amid AI Safety Fears: FTNT, QLYS (Zacks)
03:29PM	CrowdStrike and Palo Alto Networks are leading software stocks toward a never-before-seen feat (MarketWatch)
01:40PM	RUM's $13.7B Compute Win Contradicts AI Safety Concerns (Zacks)
10:42AM	Cybersecurity Stocks Jump As Anthropic CEOs AI Slowdown Call Sharpens Focus On Cyber Risks CRWD, PANW, FTNT Buck Market Selloff (Stocktwits)
Sep-11-26 04:49PM	How Far Could Cisco Stock Swing On You As AI Networking Orders Grow? (Trefis)
02:43PM	Did Repeat Buyers Tell You CrowdStrike Stock Would Run? (Trefis)
11:45AM	Would You Be Glad To Own Synopsys At A Discount While AI Tests Its Software? (Trefis)
11:40AM	Wedbush Names CrowdStrike and Palo Alto Networks AI Cybersecurity Winners (GuruFocus.com)
09:40AM	Chewy downgraded, Shopify initiated: Wall Street's top analyst calls (The Fly)
09:39AM	CRWD Stock Leads Wedbushs Cybersecurity Bets: Check Point, Fortinet, Varonis, Telos Downgraded (Stocktwits)
Sep-10-26 09:06PM	What Is Really Behind CrowdStrike Stock's Doubling? (Trefis)
11:11AM	Fortinet Named a Leader in the 2026 Gartner Magic Quadrant Report for Hybrid Mesh Firewall (GlobeNewswire)
Sep-09-26 09:15PM	Should You Get Paid To Wait For Palo Alto Networks To Slow Down? (Trefis)
06:15PM	How Far Could Cisco Stock Fall With Its Fastest Growth Riding On Hyperscalers? (Trefis)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
STAVRIDIS JAMES G.	Director	Sep 30 '26	Option Exercise	0.00	459	0	17,648	Oct 01 07:59 PM
GOLDMAN KENNETH A	Director	Sep 30 '26	Option Exercise	0.00	459	0	23,928	Oct 01 07:57 PM
Hu Jean X.	Director	Sep 30 '26	Option Exercise	0.00	459	0	39,508	Oct 01 07:56 PM
Kan Derek T.	Director	Sep 30 '26	Option Exercise	0.00	459	0	459	Oct 01 07:55 PM
Napolitano Janet	Director	Sep 30 '26	Option Exercise	0.00	459	0	4,733	Oct 01 07:53 PM
Hsieh Ming	Director	Sep 30 '26	Option Exercise	0.00	459	0	10,056	Oct 01 07:44 PM
Sim Judith	Director	Sep 30 '26	Option Exercise	0.00	459	0	130,001	Oct 01 07:17 PM
Ohlgart Christiane	Chief Financial Officer	Sep 24 '26	Sale	180.00	48	8,640	10,345	Sep 25 04:18 PM
Margrit Christiane Ohlgart	Officer	Sep 24 '26	Proposed Sale	178.74	48	8,580		Sep 24 04:41 PM
Whittle John	CHIEF OPERATING OFFICER	Sep 14 '26	Option Exercise	62.11	53,865	3,345,555	150,852	Sep 16 04:22 PM
Whittle John	CHIEF OPERATING OFFICER	Sep 15 '26	Option Exercise	62.11	2,835	176,082	99,822	Sep 16 04:22 PM
Whittle John	CHIEF OPERATING OFFICER	Sep 14 '26	Sale	165.44	53,865	8,911,430	96,987	Sep 16 04:22 PM
Whittle John	CHIEF OPERATING OFFICER	Sep 15 '26	Sale	168.74	2,835	478,378	96,987	Sep 16 04:22 PM
JOHN WHITTLE	Officer	Sep 14 '26	Proposed Sale	156.07	56,700	8,849,169		Sep 14 04:47 PM
Whittle John	CHIEF OPERATING OFFICER	Aug 01 '26	Option Exercise	0.00	4,573	0	99,297	Aug 04 05:16 PM
Xie Michael	VP, ENGINEERING & CTO	Aug 01 '26	Option Exercise	0.00	6,306	0	9,924,666	Aug 04 05:15 PM
Xie Michael	VP, ENGINEERING & CTO	Aug 03 '26	Sale	162.63	3,121	507,574	9,918,360	Aug 04 05:15 PM
Xie Ken	PRESIDENT & CEO	Aug 03 '26	Option Exercise	22.90	155,000	3,549,500	53,133,854	Aug 04 05:13 PM
Xie Ken	PRESIDENT & CEO	Aug 01 '26	Option Exercise	0.00	13,093	0	52,985,465	Aug 04 05:13 PM
Xie Ken	PRESIDENT & CEO	Aug 03 '26	Sale	162.66	161,482	26,266,878	52,972,372	Aug 04 05:13 PM
Ohlgart Christiane	Chief Financial Officer	Aug 01 '26	Option Exercise	0.00	1,634	0	11,361	Aug 04 05:12 PM
Ohlgart Christiane	Chief Financial Officer	Aug 04 '26	Sale	164.59	387	63,696	10,393	Aug 04 05:12 PM
Margrit Christiane Ohlgart	Officer	Aug 04 '26	Proposed Sale	163.21	387	63,162		Aug 04 04:30 PM
KEN QING XIE	Director	Aug 03 '26	Proposed Sale	161.95	161,482	26,152,010		Aug 03 04:37 PM
MICHAEL XIE	Director	Aug 03 '26	Proposed Sale	161.95	3,121	505,446		Aug 03 04:20 PM
Hsieh Ming	Director	Jun 11 '26	Option Exercise	0.00	650	0	9,597	Jun 12 05:42 PM
Napolitano Janet	Director	Jun 11 '26	Option Exercise	0.00	650	0	4,274	Jun 12 05:40 PM
Sim Judith	Director	Jun 11 '26	Option Exercise	0.00	650	0	129,542	Jun 12 05:39 PM
STAVRIDIS JAMES G.	Director	Jun 11 '26	Option Exercise	0.00	650	0	17,189	Jun 12 05:37 PM
Hu Jean X.	Director	Jun 11 '26	Option Exercise	0.00	650	0	39,049	Jun 12 05:35 PM
GOLDMAN KENNETH A	Director	Jun 11 '26	Option Exercise	0.00	650	0	23,469	Jun 12 05:33 PM
Xie Ken	PRESIDENT & CEO	Jun 02 '26	Option Exercise	22.90	155,000	3,549,500	53,133,004	Jun 03 06:39 PM
Xie Ken	PRESIDENT & CEO	Jun 02 '26	Sale	145.58	160,632	23,385,059	52,972,372	Jun 03 06:39 PM
Xie Michael	VP, ENGINEERING & CTO	Jun 03 '26	Sale	146.44	3,907	572,144	9,923,610	Jun 03 06:38 PM
MICHAEL XIE	Director	Jun 03 '26	Proposed Sale	148.86	3,907	581,596		Jun 03 04:29 PM
KEN QING XIE	Director	Jun 02 '26	Proposed Sale	147.14	160,632	23,635,392		Jun 02 04:33 PM
Whittle John	CHIEF OPERATING OFFICER	May 21 '26	Option Exercise	29.90	146,015	4,365,769	240,739	May 22 04:03 PM
Whittle John	CHIEF OPERATING OFFICER	May 21 '26	Sale	128.41	146,015	18,749,948	94,724	May 22 04:03 PM
JOHN WHITTLE	Officer	May 21 '26	Proposed Sale	130.00	146,015	18,981,950		May 21 04:31 PM
Ohlgart Christiane	Chief Financial Officer	May 20 '26	Sale	130.00	238	30,940	8,824	May 20 06:19 PM
Margrit Christiane Ohlgart	Officer	May 20 '26	Proposed Sale	127.64	238	30,378		May 20 04:42 PM
Ohlgart Christiane	Chief Financial Officer	May 14 '26	Sale	120.00	756	90,720	9,062	May 15 05:53 PM
Margrit Christiane Ohlgart	Officer	May 14 '26	Proposed Sale	117.69	756	88,974		May 14 04:28 PM
Ohlgart Christiane	Chief Financial Officer	May 11 '26	Sale	115.00	238	27,370	9,818	May 13 04:04 PM
MARGRIT CHRISTIANE OHLGART	Officer	May 11 '26	Proposed Sale	114.07	238	27,149		May 11 04:40 PM
Ohlgart Christiane	Chief Financial Officer	May 07 '26	Sale	110.00	756	83,160	10,056	May 08 06:35 PM
MARGRIT CHRISTIANE OHLGART	Officer	May 07 '26	Proposed Sale	89.95	756	68,002		May 07 04:19 PM
Whittle John	CHIEF OPERATING OFFICER	May 01 '26	Option Exercise	0.00	4,572	0	97,033	May 05 05:30 PM
Xie Michael	VP, ENGINEERING & CTO	May 01 '26	Option Exercise	0.00	6,305	0	9,933,179	May 05 05:29 PM
Xie Michael	VP, ENGINEERING & CTO	May 04 '26	Sale	88.89	2,478	220,281	9,927,517	May 05 05:29 PM
Xie Ken	PRESIDENT & CEO	May 01 '26	Option Exercise	0.00	13,092	0	52,989,970	May 05 05:27 PM
Xie Ken	PRESIDENT & CEO	May 04 '26	Sale	88.90	5,355	476,035	52,978,004	May 05 05:27 PM
Ohlgart Christiane	Chief Financial Officer	May 01 '26	Option Exercise	0.00	4,903	0	13,150	May 05 05:25 PM
Ohlgart Christiane	Chief Financial Officer	May 05 '26	Sale	89.70	596	53,461	10,812	May 05 05:25 PM
MARGRIT CHRISTIANE OHLGART	Officer	May 05 '26	Proposed Sale	89.24	596	53,187		May 05 04:35 PM
KEN QING XIE	Director	May 04 '26	Proposed Sale	86.29	5,355	462,083		May 04 04:28 PM
MICHAEL XIE	Director	May 04 '26	Proposed Sale	86.29	2,478	213,827		May 04 04:27 PM
Sim Judith	Director	Mar 31 '26	Option Exercise	0.00	649	0	128,892	Apr 01 06:47 PM
GOLDMAN KENNETH A	Director	Mar 31 '26	Option Exercise	0.00	649	0	22,819	Apr 01 06:45 PM
Napolitano Janet	Director	Mar 31 '26	Option Exercise	0.00	649	0	3,624	Apr 01 06:43 PM
Hu Jean X.	Director	Mar 31 '26	Option Exercise	0.00	649	0	38,399	Apr 01 06:42 PM
Hsieh Ming	Director	Mar 31 '26	Option Exercise	0.00	649	0	8,952	Apr 01 06:40 PM
STAVRIDIS JAMES G.	Director	Mar 31 '26	Option Exercise	0.00	649	0	16,539	Apr 01 06:39 PM
Whittle John	CHIEF OPERATING OFFICER	Feb 01 '26	Option Exercise	0.00	29,132	0	105,412	Feb 03 08:10 PM
Ohlgart Christiane	Chief Financial Officer	Feb 01 '26	Option Exercise	0.00	3,285	0	10,009	Feb 03 08:09 PM
Ohlgart Christiane	Chief Financial Officer	Feb 03 '26	Sale	80.73	507	40,930	8,247	Feb 03 08:09 PM
Xie Ken	PRESIDENT & CEO	Feb 02 '26	Option Exercise	16.90	134,880	2,279,202	51,572,122	Feb 03 08:07 PM
Xie Ken	PRESIDENT & CEO	Feb 01 '26	Option Exercise	0.00	88,048	0	51,479,927	Feb 03 08:07 PM
Xie Ken	PRESIDENT & CEO	Feb 02 '26	Sale	81.42	175,737	14,308,447	51,396,385	Feb 03 08:07 PM
Xie Michael	VP, ENGINEERING & CTO	Feb 02 '26	Option Exercise	16.90	324,285	5,479,768	10,553,388	Feb 03 08:06 PM
Xie Michael	VP, ENGINEERING & CTO	Feb 01 '26	Option Exercise	0.00	41,060	0	10,248,078	Feb 03 08:06 PM
Xie Michael	VP, ENGINEERING & CTO	Feb 02 '26	Sale	81.42	343,106	27,935,333	10,210,282	Feb 03 08:06 PM
MARGRIT CHRISTIANE OHLGART	Officer	Feb 03 '26	Proposed Sale	81.29	507	41,214		Feb 03 04:31 PM
KEN QING XIE	Director	Feb 02 '26	Proposed Sale	81.26	175,737	14,280,389		Feb 02 04:34 PM
MICHAEL XIE	Director	Feb 02 '26	Proposed Sale	81.26	343,106	27,880,794		Feb 02 04:33 PM
STAVRIDIS JAMES G.	Director	Dec 31 '25	Option Exercise	0.00	649	0	15,890	Dec 31 08:07 PM
Hsieh Ming	Director	Dec 31 '25	Option Exercise	0.00	649	0	61,385	Dec 31 08:05 PM
Napolitano Janet	Director	Dec 31 '25	Option Exercise	0.00	649	0	2,975	Dec 31 08:04 PM
Sim Judith	Director	Dec 31 '25	Option Exercise	0.00	649	0	128,243	Dec 31 08:03 PM
Hu Jean X.	Director	Dec 31 '25	Option Exercise	0.00	649	0	37,750	Dec 31 08:02 PM
GOLDMAN KENNETH A	Director	Dec 31 '25	Option Exercise	0.00	649	0	22,170	Dec 31 08:01 PM
Xie Ken	PRESIDENT & CEO	Nov 03 '25	Option Exercise	16.90	150,000	2,534,700	51,550,364	Nov 04 07:39 PM
Xie Ken	PRESIDENT & CEO	Nov 03 '25	Sale	86.51	158,485	13,710,381	51,391,879	Nov 04 07:39 PM
Ohlgart Christiane	Chief Financial Officer	Nov 04 '25	Sale	86.50	110	9,515	6,724	Nov 04 07:38 PM
Xie Michael	VP, ENGINEERING & CTO	Nov 03 '25	Sale	86.53	3,546	306,825	10,492,018	Nov 04 07:37 PM
MARGRIT CHRISTIANE OHLGART	Officer	Nov 04 '25	Proposed Sale	87.52	110	9,627		Nov 04 04:33 PM
MICHAEL XIE	Director	Nov 03 '25	Proposed Sale	86.43	3,546	306,481		Nov 03 04:32 PM
KEN QING XIE	Director	Nov 03 '25	Proposed Sale	86.43	158,485	13,697,859		Nov 03 04:32 PM

Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. Its product portfolio includes network security, secure access service edge, enterprise networking, security operations, application security, and operational technology. The company was founded by Ken Xie and Michael Xie in November 2000 and is headquartered in Sunnyvale, CA.

Co-FounderMr. Ken Xie

Co-FounderMr. Michael Xie

Chief Accounting OfficerMs. Christiane Ohlgart

Chief Operating OfficerMr. John Whittle J.D.

Vice President of Investor RelationsMr. Anthony Luscri

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FTNT

Fortinet Inc

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