Fortinet, Inc. (FTNT)
NasdaqGS · Price as of · Nasdaq Real Time Price
- Profitability20/20
Profitable and growing: $2.15B net income over the last four reported quarters, up from $1.87B the year before.
- Insider buying vs selling11/20
Insiders are sellers only: 15 sells worth $36.2M, no open-market buys, across the last 20 Form 4s. Routine executive selling is common, so this is only a mild negative. Separately, 1 new 5%+ stake disclosure (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offerings15/15
Share count down 4.2% in a year with no new offering filings. The company is buying back stock.
- Analysts37
- Implied upside-2.5%
- Target range$107.00 to $225.00
- EPS expected$0.86 +16%
- A year ago$0.74
- Revenue expected$2.06B +20%
- Estimate range$0.84 to $0.92
- Priced move±11.8%
FTNT closed at $172.98 on Oct 22, down 3.2% since Sep 23. Chart read: price above both the 50-day and 200-day moving averages; the 50-day is above the 200-day (uptrend structure); trading at 82% of the 52-week range ($75.23 to $194.75).
Insider buying and selling at Fortinet, Inc. (FTNT)
The most recent Form 4 on record for Fortinet, Inc. (FTNT) is August 3, 2026, when Ken Xie, PRESIDENT & CEO, sold $26.3M of stock. That sale ran under a pre-arranged 10b5-1 plan, so it was scheduled ahead of time rather than decided that week.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| Ken Xie · PRESIDENT & CEO | Sell | $26.3M | August 3, 2026 | Routine |
| Ken Xie · PRESIDENT & CEO | Sell | $23.4M | June 2, 2026 | Routine |
| John Whittle · CHIEF OPERATING OFFICER | Sell | $18.7M | May 21, 2026 | Routine |
| Michael Xie · VP, ENGINEERING & CTO | Sell | $27.9M | February 2, 2026 | Routine |
| Michael Xie · VP, ENGINEERING & CTO | Sell | $46.9M | August 4, 2025 | Routine |
Filed notices to sell
A Form 144 is filed beforean insider sells restricted stock. The Form 4 reporting the completed trade isn't due until two business days after the sale, so these land first. They are intentions, not transactions.
| Insider | Value | Filed | Status | Type |
|---|---|---|---|---|
| Ohlgart Christiane · Officer | $8,580 | September 24, 2026 | Not yet reported | Routine |
| Whittle John · Officer | $8.8M | September 14, 2026 | Executed | Routine |
| Ohlgart Christiane · Officer | $63,162 | August 4, 2026 | Not yet reported | Routine |
| Xie Michael · Director, Officer | $505,446 | August 3, 2026 | Executed | Routine |
| Xie Ken · Director, Officer | $26.2M | August 3, 2026 | Executed | Routine |
How Congress has done in FTNT
Every purchase of FTNT disclosed by a member of Congress in the last 5 years, scored over the 12 months after the trade date against SPY over the same window.
| Measure | FTNT | SPY |
|---|---|---|
| Median 12-month return after purchase | +40.0% | +22.0% |
| Median difference vs SPY | +4.7% | — |
| Purchases that beat SPY | 3 of 5 (60%) | — |
| Members who bought | 4 | — |
Most frequent buyers: Byron Donalds (2), Lisa McClain (1), Michael McCaul (1), Tommy Tuberville (1).
These are not returns anyone actually earned. Disclosures report a dollar bracket and no share count, so every purchase is counted once and weighted equally, and sales are not matched back to the buys that opened them. 2 of the 5 purchases are disclosed as a spouse's or dependent's rather than the member's own. Purchases from the last 12 months are excluded because their window has not closed yet.
Congress trades in FTNT
| Date | Member | Action | Amount | |
|---|---|---|---|---|
| 2026-07-10 | Dan Newhouse WA | Sale | $1,001 - $15,000 |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 4 | October 1, 2026 | View on EDGAR |
| 4 | October 1, 2026 | View on EDGAR |
| 4 | October 1, 2026 | View on EDGAR |
| 4 | October 1, 2026 | View on EDGAR |
| 4 | October 1, 2026 | View on EDGAR |
| 4 | October 1, 2026 | View on EDGAR |
| 4 | October 1, 2026 | View on EDGAR |
| 4 | September 25, 2026 | View on EDGAR |
Fortinet news
All 5 articles
Articles that mention Fortinet without it being the main subject.
Three AI CEOs asked for a slowdown. Chipmakers sold off worldwide, and cybersecurity stocks went up.
Dario Amodei asked AI labs to slow the pace of capability development, and Sam Altman and Elon Musk agreed. The selloff that followed hit the AI supply chain and bid up the companies that sell defenses against it.
Anthropic withheld its hacking model. CrowdStrike (CRWD) and Palo Alto (PANW) got early access.
Anthropic restricted the model it says is strikingly capable at finding software flaws, and handed it to CrowdStrike, Palo Alto Networks, Cisco and Nvidia instead. What six listed security companies have disclosed since.
Nvidia (NVDA) CEO calls cybersecurity AI's next major market and names CrowdStrike, Cisco and Palantir
Jensen Huang told the Goldman Sachs Communacopia conference that cybersecurity will be AI's next major use case, and named CrowdStrike (CRWD), Cisco (CSCO) and Palantir (PLTR) as the partners building on Nvidia's models.
Frequently asked questions
When does FTNT report earnings?
Fortinet, Inc. (FTNT) is scheduled to report quarterly results on October 28, 2026, after the close. The 39-analyst consensus is $0.86 per share on revenue of $2.06B for the quarter ended September 30, 2026, against $0.74 and $1.72B a year earlier. It has beaten the consensus EPS estimate in all four of the last four quarters. The options market is pricing a move of about 11.8% in either direction on the report, based on the cost of the at-the-money straddle expiring October 30, 2026.
What do analysts expect for FTNT?
37 analysts cover Fortinet, Inc. (FTNT). The consensus rating is Hold. The average price target is $168.72, in a range of $107.00 to $225.00.
Are insiders buying or selling FTNT?
We track Form 4 filings for Fortinet, Inc. (FTNT). The activity listed on this page shows 5 qualifying sales. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Has Congress made money trading FTNT?
4 members of Congress have disclosed buying FTNT in the last 5 years, 5 purchases in total. Measured over the 12 months after each trade date, the median purchase returned +40.0% against +22.0% for SPY over the same windows, and 3 of the 5 (60%) beat the index. These are not returns anyone actually earned: congressional disclosures report a dollar bracket and no share count, so each purchase is counted once and weighted equally, and later sales are not matched back to the buys that opened them.
Where can I see FTNT SEC filings?
Recent filings are listed on this page, newest first. The latest is a 4 filed October 1, 2026.