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May 7, 2023
Shares of Fortinet, Inc. (NASDAQ:FTNT – Get Rating) have been given an average rating of “Moderate Buy” by the thirty-four ratings firms that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and twenty-one have assigned a buy recommendation to the company. The average 12-month target […]
May 6, 2023
Fortinet (NASDAQ:FTNT – Get Rating) had its price objective upped by Deutsche Bank Aktiengesellschaft from $63.00 to $65.00 in a research note released on Friday, The Fly reports. Several other research firms have also weighed in on FTNT. Royal Bank of Canada increased their target price on shares of Fortinet from $57.00 to $68.00 in […]
May 6, 2023
Fortinet, Inc. (NASDAQ:FTNT – Get Rating) EVP Patrice Perche sold 8,947 shares of the stock in a transaction on Wednesday, May 3rd. The shares were sold at an average price of $61.23, for a total transaction of $547,824.81. Following the sale, the executive vice president now directly owns 25,730 shares of the company’s stock, valued […]
May 6, 2023
North Korean hackers Kimsuky using new ReconShark reconnaissance tool to target individuals via spear-phishing.
May 6, 2023
Russell Investments Group Ltd. cut its stake in Fortinet, Inc. (NASDAQ:FTNT – Get Rating) by 1.2% in the fourth quarter, HoldingsChannel reports. The firm owned 1,182,376 shares of the software maker’s stock after selling 14,357 shares during the quarter. Russell Investments Group Ltd.’s holdings in Fortinet were worth $57,883,000 as of its most recent SEC […]
May 6, 2023
Fortinet (NASDAQ:FTNT – Get Rating) had its target price raised by Piper Sandler from $64.00 to $65.00 in a research report report published on Friday morning, The Fly reports. A number of other analysts have also commented on FTNT. Scotiabank began coverage on Fortinet in a research note on Tuesday, January 17th. They issued a […]
May 6, 2023
State Board of Administration of Florida Retirement System lessened its stake in Fortinet, Inc. (NASDAQ:FTNT – Get Rating) by 3.2% in the 4th quarter, Holdings Channel reports. The firm owned 752,332 shares of the software maker’s stock after selling 24,630 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Fortinet […]
May 6, 2023
Nordea Investment Management AB reduced its stake in Fortinet, Inc. (NASDAQ:FTNT – Get Rating) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,320,607 shares of the software maker’s stock after selling 26,058 shares during the period. Nordea Investment Management AB […]
May 6, 2023
Nordea Investment Management AB cut its stake in Fortinet, Inc. (NASDAQ:FTNT – Get Rating) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,320,607 shares of the software maker’s stock after selling 26,058 shares during the period. Nordea Investment Management […]
May 5, 2023
Fortinet (NASDAQ:FTNT – Get Rating) announced its quarterly earnings data on Thursday. The software maker reported $0.34 EPS for the quarter, beating the consensus estimate of $0.29 by $0.05, Briefing.com reports. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.20 billion. Fortinet had a net margin of 19.41% […]