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U.S. Capital Wealth Advisors LLC Acquires New Position in Fortinet, Inc. (NASDAQ:FTNT)

U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Fortinet, Inc. (NASDAQ:FTNT – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,319 shares of the software maker’s stock, valued at approximately $553,000. Several other institutional investors also recently bought […] ....

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Fortinet, rivals fall on concerns around cybersecurity spending

(Reuters) -Fortinet sank nearly 18% and sparked a selloff in cybersecurity stocks with a dismal forecast that compounded fears of slowing client spending in an uncertain economy. Rivals Palo Alto, ZScaler and CrowdStrike fell between 0.6% and 2.6%. Fortinet cut its annual revenue target on Thursday and said it expects current-quarter sales between $1.38 billion and $1.44 billion, below estimates of $1.50 billion, LSEG data showed. ....

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Fortinet, Inc. (NASDAQ:FTNT) Shares Purchased by New York State Common Retirement Fund

New York State Common Retirement Fund grew its position in Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 41.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,195,353 shares of the software maker’s stock after acquiring an additional 353,148 shares during the period. New York […] ....

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