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Stifel Financial Corp Sells 120,367 Shares of Fortinet, Inc. (NASDAQ:FTNT)

Stifel Financial Corp lowered its stake in shares of Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 10.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,052,794 shares of the software maker’s stock after selling 120,367 shares during the period. Stifel Financial […] ....

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Fortinet (FTNT) Fell as Billings Growth Missed Expectations

Conestoga Capital Advisors, an asset management company, released its “Mid Cap Strategy” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. The Mid Cap Composite rose 11.00% net of fees in the fourth quarter, compared to a 14.55% return for the Russell Midcap Growth Index. Negative impacts from stock selection were outweighed by […] ....

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Fortinet's (NASDAQ:FTNT) five-year total shareholder returns outpace the underlying earnings growth

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company. ....

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Palo Alto Networks: Palo Alto forecasts third-quarter billings below estimates, shares fall, ET Telecom

Palo Alto Networks: "We had a significant shortfall in our U.S. federal government business. We expect this trend will continue into our third and fourth quarter," CEO Nikesh Arora said in a post earnings call. ....

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