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Last Close
Dec 01 04:00PM ET
52.49
Dollar change
-0.07
Percentage change
-0.13
%
IndexNDX, S&P 500 P/E36.17 EPS (ttm)1.45 Insider Own17.03% Shs Outstand781.50M Perf Week-1.76%
Market Cap40.31B Forward P/E31.25 EPS next Y1.68 Insider Trans-0.10% Shs Float637.15M Perf Month-8.41%
Income1.15B PEG2.25 EPS next Q0.43 Inst Own67.67% Short Float / Ratio1.81% / 1.71 Perf Quarter-13.77%
Sales5.17B P/S7.79 EPS this Y30.89% Inst Trans-4.25% Short Interest11.54M Perf Half Y-22.96%
Book/sh0.10 P/B549.92 EPS next Y7.85% ROA17.96% Target Price56.39 Perf Year-1.26%
Cash/sh4.13 P/C12.72 EPS next 5Y16.06% ROE843.82% 52W Range44.12 - 81.24 Perf YTD7.36%
Dividend- P/FCF19.53 EPS past 5Y97.64% ROI107.96% 52W High-35.39% Beta1.06
Dividend %- Quick Ratio1.17 Sales past 5Y24.30% Gross Margin76.15% 52W Low18.97% ATR1.55
Employees12595 Current Ratio1.30 Sales Q/Q16.10% Oper. Margin23.37% RSI (14)45.40 Volatility2.49% 3.16%
OptionableYes Debt/Eq13.38 EPS Q/Q40.72% Profit Margin22.25% Rel Volume1.04 Prev Close52.56
ShortableYes LT Debt/Eq13.38 EarningsNov 02 AMC Payout0.00% Avg Volume6.77M Price52.49
Recom2.17 SMA201.30% SMA50-5.33% SMA200-17.44% Volume7,057,033 Change-0.13%
Date Action Analyst Rating Change Price Target Change
Nov-06-23Downgrade HSBC Securities Buy → Hold $75 → $49
Nov-03-23Downgrade William Blair Outperform → Mkt Perform
Nov-03-23Downgrade Stifel Buy → Hold $69 → $52
Nov-03-23Downgrade Oppenheimer Outperform → Perform
Nov-03-23Downgrade JP Morgan Overweight → Neutral $67 → $52
Nov-03-23Downgrade Evercore ISI Outperform → In-line $78 → $51
Oct-25-23Initiated Needham Hold
Oct-19-23Downgrade Jefferies Buy → Hold $85 → $65
Oct-18-23Initiated DZ Bank Hold $58
Oct-13-23Downgrade Barclays Overweight → Equal Weight $71 → $63
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Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers and small businesses. It operates through the following segments: Network Security, Infrastructure Security, Cloud Security, and Endpoint Protection, Internet of Things and Operational Technology. The Network Security segment includes the majority of product sales from its FortiGate network security appliances. The Infrastructure Security segment provides a platform, which is an architectural approach that protects the entire digital attack surface, including network core, endpoints, applications, data centers and private and public clouds. Together with its network of Fabric-Ready Partners, the Fortinet Security Fabric platform enables disparate security devices to work together as an integrated, automated, and collaborative solution. The Cloud Security segment provides help to customers to connect securely to and across their cloud environments by offering security through its virtual firewall and other software products in public and private cloud environments. The Endpoint Protection, Internet of Things and Operational Technology segment includes the proliferation of Internet of Things (IoT) and an Operational Technology (OT). IoT and OT have created an environment where data moves freely between devices across locations, network environments, remote offices, mobile workers and public cloud environments, making the data difficult to consistently track and secure. The company was founded by Ken Xie and Michael Xie in October 2000 and is headquartered in Sunnyvale, CA.
Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
Jensen KeithCFO & Chief Accounting OfficerNov 24Option Exercise28.4724,710703,50929,296Nov 27 04:21 PM
Jensen KeithCFO & Chief Accounting OfficerNov 24Sale53.3724,7101,318,6894,586Nov 27 04:21 PM
Perche PatriceChief Revenue Off./EVP Supp.Nov 21Option Exercise28.597,535215,40933,265Nov 22 04:19 PM
Perche PatriceChief Revenue Off./EVP Supp.Nov 21Sale51.777,535390,08725,730Nov 22 04:19 PM
Jensen KeithCFO & Chief Accounting OfficerNov 17Sale51.005,100260,0764,586Nov 20 04:10 PM
Perche PatriceChief Revenue Off./EVP Supp.Nov 03Sale50.268,918448,22925,730Nov 03 05:45 PM
Perche PatriceChief Revenue Off./EVP Supp.Nov 01Option Exercise0.009,420035,155Nov 03 05:45 PM
Xie MichaelVP, Engineering & CTONov 01Option Exercise0.0011,675029,738,693Nov 03 05:48 PM
Xie KenPresident & CEONov 01Option Exercise0.0030,200048,348,525Nov 03 05:47 PM
Whittle JohnVP Corp Dev&Strat Alliance,GCNov 01Option Exercise0.006,205031,091Nov 03 05:46 PM
Jensen KeithCFO & Chief Accounting OfficerNov 01Option Exercise0.0010,125014,702Nov 03 05:45 PM
Perche PatriceChief Revenue Off./EVP Supp.Oct 23Option Exercise28.587,535215,35233,265Oct 24 04:04 PM
Perche PatriceChief Revenue Off./EVP Supp.Oct 23Sale56.137,535422,94325,730Oct 24 04:04 PM
Sim JudithDirectorSep 30Option Exercise0.008260140,582Oct 02 04:16 PM
STAVRIDIS JAMES G.DirectorSep 30Option Exercise0.0082607,592Oct 02 04:16 PM
NEUKOM WILLIAM H.DirectorSep 30Option Exercise0.008260292,377Oct 02 04:15 PM
Hu Jean X.DirectorSep 30Option Exercise0.00826029,452Oct 02 04:14 PM
GOLDMAN KENNETH ADirectorSep 30Option Exercise0.00826016,872Oct 02 04:12 PM
Hsieh MingDirectorSep 30Option Exercise0.00826053,087Oct 02 04:13 PM
Perche PatriceChief Revenue Off./EVP Supp.Sep 21Option Exercise28.587,530215,23733,260Sep 22 06:09 PM
Perche PatriceChief Revenue Off./EVP Supp.Sep 21Sale59.107,530445,04525,730Sep 22 06:09 PM
NEUKOM WILLIAM H.DirectorSep 08Buy63.2855234,928291,551Sep 08 04:35 PM
Jensen KeithCFO & Chief Accounting OfficerAug 23Option Exercise28.4724,715703,68129,293Aug 24 04:26 PM
Jensen KeithCFO & Chief Accounting OfficerAug 23Sale58.9924,7151,457,9764,583Aug 24 04:26 PM
Perche PatriceChief Revenue Off./EVP Supp.Aug 21Option Exercise28.587,535215,35233,265Aug 22 07:27 PM
Perche PatriceChief Revenue Off./EVP Supp.Aug 21Sale58.297,535439,17925,730Aug 22 07:27 PM
Jensen KeithCFO & Chief Accounting OfficerAug 18Sale57.205,100291,7374,578Aug 21 07:32 PM
Perche PatriceChief Revenue Off./EVP Supp.Aug 03Sale75.328,923672,05125,730Aug 03 05:52 PM
Xie MichaelVP, Engineering & CTOAug 02Sale75.055,885441,67829,727,018Aug 03 05:55 PM
Xie MichaelVP, Engineering & CTOAug 01Option Exercise0.0011,675029,738,693Aug 03 05:55 PM
Xie KenPresident & CEOAug 01Option Exercise0.0030,185048,348,525Aug 03 05:54 PM
Whittle JohnVP Corp Dev&Strat Alliance,GCAug 01Option Exercise0.006,200031,091Aug 03 05:53 PM
Perche PatriceChief Revenue Off./EVP Supp.Aug 01Option Exercise0.009,425035,155Aug 03 05:52 PM
Jensen KeithCFO & Chief Accounting OfficerAug 01Option Exercise0.0010,130014,702Aug 03 05:51 PM
Perche PatriceChief Revenue Off./EVP Supp.Jul 21Option Exercise28.587,530215,23733,260Jul 24 04:30 PM
Perche PatriceChief Revenue Off./EVP Supp.Jul 21Sale78.497,530590,99425,730Jul 24 04:30 PM
Perche PatriceChief Revenue Off./EVP Supp.Jun 21Option Exercise28.587,530215,23733,260Jun 22 04:55 PM
Perche PatriceChief Revenue Off./EVP Supp.Jun 21Sale71.157,530535,73825,730Jun 22 04:55 PM
Hu Jean X.DirectorJun 15Option Exercise0.001,033028,626Jun 20 05:06 PM
GOLDMAN KENNETH ADirectorJun 15Option Exercise0.001,033016,046Jun 20 05:03 PM
STAVRIDIS JAMES G.DirectorJun 15Option Exercise0.001,03306,766Jun 20 05:11 PM
Sim JudithDirectorJun 15Option Exercise0.001,0330139,756Jun 20 05:09 PM
NEUKOM WILLIAM H.DirectorJun 15Option Exercise0.001,0330290,999Jun 20 05:08 PM
Jensen KeithCFO & Chief Accounting OfficerMay 23Option Exercise28.4724,710703,50929,282May 24 05:40 PM
Jensen KeithCFO & Chief Accounting OfficerMay 23Sale68.1824,7101,684,8424,572May 24 05:40 PM
Perche PatriceChief Revenue Off./EVP Supp.May 22Option Exercise28.587,535215,35233,265May 23 05:49 PM
Perche PatriceChief Revenue Off./EVP Supp.May 22Sale70.247,535529,29025,730May 23 05:49 PM
Jensen KeithCFO & Chief Accounting OfficerMay 18Sale68.235,050344,5684,572May 19 05:41 PM
Perche PatriceChief Revenue Off./EVP Supp.May 03Sale61.238,947547,80625,730May 03 08:51 PM
Xie MichaelVP, Engineering & CTOMay 02Sale61.595,826358,80329,727,018May 03 08:54 PM
Xie MichaelVP, Engineering & CTOMay 01Option Exercise0.0011,675029,738,693May 03 08:54 PM
Whittle JohnVP Corp Dev&Strat Alliance,GCMay 01Option Exercise0.006,200027,603May 03 08:52 PM
Xie KenPresident & CEOMay 01Option Exercise0.0030,195048,333,464May 03 08:53 PM
Perche PatriceChief Revenue Off./EVP Supp.May 01Option Exercise0.009,420035,150May 03 08:51 PM
Jensen KeithCFO & Chief Accounting OfficerMay 01Option Exercise0.0010,125014,694May 03 08:50 PM
Perche PatriceChief Revenue Off./EVP Supp.Apr 21Option Exercise28.587,530215,23733,260Apr 24 04:12 PM
Perche PatriceChief Revenue Off./EVP Supp.Apr 21Sale66.917,530503,83225,730Apr 24 04:12 PM
NEUKOM WILLIAM H.DirectorApr 11Buy67.4042328,509290,716Apr 13 07:36 PM
NEUKOM WILLIAM H.DirectorMar 31Option Exercise0.001,0330285,078Apr 03 04:25 PM
STAVRIDIS JAMES G.DirectorMar 31Option Exercise0.001,03305,733Apr 03 04:22 PM
Sim JudithDirectorMar 31Option Exercise0.001,0330138,723Apr 03 04:16 PM
Hu Jean X.DirectorMar 31Option Exercise0.001,033027,593Apr 03 04:15 PM
Hsieh MingDirectorMar 31Option Exercise0.001,033051,228Apr 03 04:14 PM
GOLDMAN KENNETH ADirectorMar 31Option Exercise0.001,033015,013Apr 03 04:13 PM
Perche PatriceChief Revenue Off./EVP Supp.Mar 21Option Exercise28.587,535215,35233,265Mar 22 04:04 PM
Perche PatriceChief Revenue Off./EVP Supp.Mar 21Sale61.817,535465,72125,730Mar 22 04:04 PM
Jensen KeithCFO & Chief Accounting OfficerFeb 23Option Exercise24.1578,8951,905,263102,943Feb 24 06:16 PM
Jensen KeithCFO & Chief Accounting OfficerFeb 23Sale60.1898,3745,920,3234,569Feb 24 06:16 PM
Perche PatriceChief Revenue Off./EVP Supp.Feb 21Option Exercise24.8811,035274,55936,765Feb 22 04:07 PM
Perche PatriceChief Revenue Off./EVP Supp.Feb 21Sale59.7511,035659,32125,730Feb 22 04:07 PM
Perche PatriceChief Revenue Off./EVP Supp.Feb 09Option Exercise21.33435,4909,288,629601,224Feb 10 06:28 PM
Perche PatriceChief Revenue Off./EVP Supp.Feb 09Sale58.97575,49433,935,13025,730Feb 10 06:28 PM
Xie MichaelVP, Engineering & CTOFeb 02Option Exercise4.76225,0001,071,00029,967,064Feb 02 06:45 PM
Xie MichaelVP, Engineering & CTOFeb 02Sale53.72240,04612,896,28029,727,018Feb 02 06:45 PM
Xie MichaelVP, Engineering & CTOFeb 01Option Exercise0.0024,525029,751,543Feb 02 06:45 PM
Xie KenPresident & CEOFeb 01Option Exercise0.0063,555048,332,069Feb 02 06:44 PM
Whittle JohnVP Corp Dev&Strat Alliance,GCFeb 01Option Exercise0.0013,250026,126Feb 02 06:43 PM
Perche PatriceChief Revenue Off./EVP Supp.Feb 01Option Exercise0.0018,6000166,851Feb 02 06:42 PM
Jensen KeithCFO & Chief Accounting OfficerFeb 01Option Exercise0.0020,710031,630Feb 02 06:40 PM
STAVRIDIS JAMES G.DirectorDec 31Option Exercise0.001,03304,700Jan 05 05:56 PM
Sim JudithDirectorDec 31Option Exercise0.001,0330137,690Jan 05 05:55 PM
Hu Jean X.DirectorDec 31Option Exercise0.001,033026,560Jan 05 05:53 PM
NEUKOM WILLIAM H.DirectorDec 31Option Exercise0.001,0330284,045Jan 05 05:53 PM
GOLDMAN KENNETH ADirectorDec 31Option Exercise0.001,033013,980Jan 05 05:51 PM
Hsieh MingDirectorDec 31Option Exercise0.001,033050,195Jan 05 05:52 PM