InsidersTradesSigma
Fortinet, Inc. Stock: price and management transactions · United States · SEC (Form 4)
Follow the Fortinet, Inc. stock price and the full management transaction log of the company, a listed equity based in United States. Shares trade on US US, under the authority of SEC (Form 4). Operating in the Technology sector, Fortinet, Inc. has published 330 public disclosures. Market capitalisation: €118.9bn. The latest transaction was reported on 15 May 2026 (Cession). Among the most active insiders: Xie Ken. Every trade is openly available.
330
Insider Decl.
0
Thresholds
€278,279
9 ops.
Buy Volume
€15m
35 ops.
Sell Volume
Analyst consensus: bullish or bearish?
Analysts rate Fortinet, Inc. Hold (neutral), based on 37 analysts. Average price target: US$113.89.
46Σ signal
Informational score on this market. Our backtest validates the signal only on 8 EU venues; elsewhere (notably US markets) insider buys historically invert or do not hold. Not a recommendation.
Fundamental score
Ranked 7,917 of 25,724 companies
61.2
score / 100
Value32
Quality91
FCF yld1.9%
Earn yld1.6%
EV/EBITDA47.2x
ROE132%
Gross mgn80%
Net mgn27%
Debt/EBITDA0.4x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Sigma AI Analysis
Fundamental view, insider signal, bull and bear case, synthesis.
AI-generated analysis. Opinion, not investment advice. Not backtested. Built from public filings and financials. No price target, no buy or sell recommendation.
Last declaration on 15 May 2026
Declarations330 total
756 shares@ US$120.000.0001% mcap38.5% of flowCommon StockSEC:0002016813-26-000014:0
756 shares@ US$120.000.0001% mcap38.5% of flowCommon StockSEC:0002016813-26-000014
238 shares@ US$115.000.0000% mcap11.5% of flowCommon StockSEC:0002016813-26-000012
238 shares@ US$115.000.0000% mcap11.5% of flowCommon StockSEC:0002016813-26-000012:0
2,030 shares0Common StockSEC:0001415889-25-012003:0
4,382 shares0Common StockSEC:0001415889-25-012006:0
1,890 shares0Common StockSEC:0001415889-25-012009:0
1,180 shares0Common StockSEC:0001415889-25-012011:0
1,130 shares0Common StockSEC:0001415889-25-009353:0
1,130 shares0Common StockSEC:0001415889-25-009446:0
1,130 shares0Common StockSEC:0001415889-25-009359:0
1,130 shares0Common StockSEC:0001415889-25-009356:0
1,130 shares0Common StockSEC:0001415889-25-009363:0
1,130 shares0Common StockSEC:0001415889-25-009361:0
1,130 shares0Common StockSEC:0001415889-25-009367:0
2,000 shares@ US$100.0066.7% of flowCommon StockSEC:0001415889-25-007913:0
9,913 shares@ US$96.1056.6% of flowCommon StockSEC:0001415889-25-007744:0
1,000 shares@ US$99.3233.3% of flowCommon StockSEC:0001415889-25-007742:0
328 shares@ US$106.33511.6% of flowCommon StockSEC:0001415889-25-007230:0
Ideal exit: 1 Dec 2025 (T+270)
5,675 shares@ US$62.1082.6% of flowCommon StockSEC:0001415889-25-005861:0
7,200 shares@ US$112.43186.1% of flowCommon StockSEC:0001415889-25-004960:0
473,050 shares@ US$9.81233.4% of flowCommon StockSEC:0001415889-25-004705:0
25 of 330 declarations
About Fortinet, Inc.
Fortinet, Inc. (ticker: FTNT) is a leading U.S. cybersecurity company listed on the NASDAQ in the United States. Founded in 2000 in the San Francisco Bay Area, the company is headquartered in Sunnyvale, California, and has built its franchise around the convergence of networking and security. Its core strategy is to deliver “secure networking” for hybrid, multi-cloud, and distributed enterprise environments, helping customers protect digital infrastructure while simplifying security operations. Fortinet’s business model is centered on an integrated platform, the Fortinet Security Fabric, powered by its FortiOS operating system and a broad portfolio of proprietary hardware and software. The company sells next-generation firewalls, SD-WAN, SASE, Zero Trust Network Access (ZTNA), endpoint security, cloud security, Wi-Fi, LAN edge, and threat detection/response tools. This platform approach is a key differentiator: rather than offering disconnected point solutions, Fortinet tries to unify networking and security within a single architecture. From a competitive standpoint, Fortinet is widely regarded as one of the strongest players in network security and one of the global leaders in firewalls. Its market position benefits from a sizable installed base, an emphasis on performance-per-dollar, and sustained product innovation supported by meaningful R&D investment. The company also highlights a large customer base and an extensive patent portfolio, which support both customer trust and competitive defensibility. Recent developments have reinforced Fortinet’s strategic relevance. In 2025, the company continued to emphasize demand for cybersecurity, expansion of its partner ecosystem, and momentum in AI-related security, SASE, and enterprise networking use cases. Its 2025 annual reporting also pointed to product revenue growth and higher deferred revenue, both of which are typically viewed as constructive indicators for future visibility. For investors, FTNT represents a U.S. technology name exposed to durable structural trends such as cloud migration, zero-trust adoption, network modernization, and the increasing need for automated cyber defense.
