Market Cap | 58.36B | P/E | 62.98 | EPS this Y | 24.50% | Ern Qtrly Grth | 42.60% |
Income | 1.31B | Forward P/E | 42.71 | EPS next Y | 10.80% | 50D Avg Chg | 1.00% |
Sales | 5.54B | PEG | 2.45 | EPS past 5Y | 35.52% | 200D Avg Chg | 21.00% |
Dividend | N/A | Price/Book | 4,954.67 | EPS next 5Y | 15.36% | 52W High Chg | -9.00% |
Recommedations | 2.50 | Quick Ratio | 1.19 | Shares Outstanding | 764.91M | 52W Low Chg | 74.00% |
Insider Own | 17.50% | ROA | 11.60% | Shares Float | 642.84M | Beta | 1.00 |
Inst Own | 70.74% | ROE | 430.88% | Shares Shorted/Prior | 14.52M/12.98M | Price | 74.32 |
Gross Margin | 78.09% | Profit Margin | 23.71% | Avg. Volume | 5,308,030 | Target Price | 73.79 |
Oper. Margin | 30.40% | Earnings Date | Oct 31 | Volume | 5,588,095 | Change | -4.75% |
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls. In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products. Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.
Citigroup | Neutral | Sep 13, 24 |
Susquehanna | Neutral | Aug 8, 24 |
Citigroup | Neutral | Aug 7, 24 |
Scotiabank | Sector Outperform | Aug 7, 24 |
Cantor Fitzgerald | Neutral | Aug 7, 24 |
Deutsche Bank | Hold | Aug 7, 24 |
JP Morgan | Neutral | Aug 7, 24 |
RBC Capital | Sector Perform | Aug 7, 24 |
Baird | Outperform | Aug 7, 24 |
Insider Trades | Relationship | Date | Transactions | Cost($) | #Shares | Value($) | #Share Own | SEC Form 4 |
---|---|---|---|---|---|---|---|---|
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Nov 01 | Sell | 50.26 | 8,918 | 448,219 | 25,730 | 11/03/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Nov 01 | Option | 0 | 9,420 | 35,155 | 11/03/23 | |
Hu Jean X. | Director Director | Sep 30 | Option | 0.00 | 826 | 29,452 | 10/02/23 | |
Hsieh Ming | Director Director | Sep 30 | Option | 0.00 | 826 | 53,087 | 10/02/23 | |
GOLDMAN KENNETH A | Director Director | Sep 30 | Option | 0.00 | 826 | 16,872 | 10/02/23 | |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Sep 21 | Sell | 59.46 | 7,530 | 447,734 | 25,730 | 09/22/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Sep 21 | Option | 28.65 | 7,530 | 215,734 | 33,260 | 09/22/23 |
Jensen Keith | CFO & Chief Accounti.. CFO & Chief Accounting Officer | Aug 23 | Sell | 59.08 | 24,715 | 1,460,162 | 4,583 | 08/24/23 |
Jensen Keith | CFO & Chief Accounti.. CFO & Chief Accounting Officer | Aug 23 | Option | 28.65 | 24,715 | 708,085 | 29,293 | 08/24/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Aug 21 | Sell | 58.29 | 7,535 | 439,215 | 25,730 | 08/22/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Aug 21 | Option | 28.65 | 7,535 | 215,878 | 33,265 | 08/22/23 |
Jensen Keith | CFO & Chief Accounti.. CFO & Chief Accounting Officer | Aug 18 | Sell | 57.2033 | 5,100 | 291,737 | 4,578 | 08/21/23 |
Xie Michael | VP, Engineering & CT.. VP, Engineering & CTO | Aug 01 | Sell | 75.97 | 5,885 | 447,083 | 29,727,018 | 08/03/23 |
Xie Michael | VP, Engineering & CT.. VP, Engineering & CTO | Aug 01 | Option | 0 | 11,675 | 29,738,693 | 08/03/23 | |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Aug 01 | Sell | 75.18 | 8,923 | 670,831 | 25,730 | 08/03/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Aug 01 | Option | 0 | 9,425 | 35,155 | 08/03/23 | |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Jun 21 | Sell | 71.43 | 7,530 | 537,868 | 25,730 | 06/22/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Jun 21 | Option | 28.65 | 7,530 | 215,734 | 33,260 | 06/22/23 |
Jensen Keith | CFO & Chief Accounti.. CFO & Chief Accounting Officer | May 23 | Sell | 68.4 | 24,710 | 1,690,164 | 4,572 | 05/24/23 |
Jensen Keith | CFO & Chief Accounti.. CFO & Chief Accounting Officer | May 23 | Option | 28.65 | 24,710 | 707,942 | 29,282 | 05/24/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | May 22 | Sell | 70.37 | 7,535 | 530,238 | 25,730 | 05/23/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | May 22 | Option | 28.65 | 7,535 | 215,878 | 33,265 | 05/23/23 |
Xie Michael | VP, Engineering & CT.. VP, Engineering & CTO | May 01 | Sell | 61.91 | 5,826 | 360,688 | 29,727,018 | 05/03/23 |
Xie Michael | VP, Engineering & CT.. VP, Engineering & CTO | May 01 | Option | 0 | 11,675 | 29,738,693 | 05/03/23 | |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | May 01 | Option | 0 | 9,420 | 35,150 | 05/03/23 | |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | May 01 | Sell | 61.27 | 8,947 | 548,183 | 25,730 | 05/03/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Apr 21 | Sell | 66.91 | 7,530 | 503,832 | 25,730 | 04/24/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Apr 21 | Option | 28.65 | 7,530 | 215,734 | 33,260 | 04/24/23 |
NEUKOM WILLIAM H. | Director Director | Apr 11 | Buy | 67.3978 | 423 | 28,509 | 289,966 | 04/14/23 |
NEUKOM WILLIAM H. | Director Director | Mar 31 | Option | 0.00 | 1,033 | 289,543 | 04/14/23 | |
Jensen Keith | CFO & Chief Accounti.. CFO & Chief Accounting Officer | Feb 23 | Sell | 60.23 | 98,374 | 5,925,066 | 4,569 | 02/24/23 |
Jensen Keith | CFO & Chief Accounti.. CFO & Chief Accounting Officer | Feb 23 | Option | 24.73 | 78,895 | 1,951,073 | 102,943 | 02/24/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Feb 09 | Sell | 59.54 | 575,494 | 34,264,913 | 25,730 | 02/10/23 |
Perche Patrice | Chief Revenue Off./E.. Chief Revenue Off./EVP Supp. | Feb 09 | Option | 21 | 435,490 | 9,145,290 | 601,224 | 02/10/23 |
Xie Michael | VP, Engineering & CT.. VP, Engineering & CTO | Feb 01 | Sell | 53.96 | 240,046 | 12,952,882 | 29,727,018 | 02/02/23 |
Xie Michael | VP, Engineering & CT.. VP, Engineering & CTO | Feb 01 | Option | 0.95 | 249,525 | 237,049 | 29,967,064 | 02/02/23 |
Sim Judith | Director Director | Dec 31 | Option | 0.00 | 1,033 | 137,690 | 01/05/23 | |
NEUKOM WILLIAM H. | Director Director | Dec 31 | Option | 0.00 | 1,033 | 284,045 | 01/05/23 | |
Hu Jean X. | Director Director | Dec 31 | Option | 0.00 | 1,033 | 26,560 | 01/05/23 | |
Hsieh Ming | Director Director | Dec 31 | Option | 0.00 | 1,033 | 50,195 | 01/05/23 | |
GOLDMAN KENNETH A | Director Director | Dec 31 | Option | 0.00 | 1,033 | 13,980 | 01/05/23 | |
Jensen Keith | CFO & Chief Accounti.. CFO & Chief Accounting Officer | Nov 17 | Sell | 54.53 | 250 | 13,632 | 10,920 | 11/18/22 |
GOLDMAN KENNETH A | Director Director | Sep 30 | Option | 0.00 | 1,032 | 12,947 | 10/03/22 | |
Hsieh Ming | Director Director | Sep 30 | Option | 0.00 | 1,032 | 49,162 | 10/03/22 | |
STAVRIDIS JAMES G. | Director Director | Sep 30 | Option | 0.00 | 1,032 | 3,667 | 10/03/22 | |
Sim Judith | Director Director | Sep 30 | Option | 0.00 | 1,032 | 136,657 | 10/03/22 | |
NEUKOM WILLIAM H. | Director Director | Sep 30 | Option | 0.00 | 1,032 | 283,012 | 10/03/22 | |
Hu Jean X. | Director Director | Sep 30 | Option | 0.00 | 1,032 | 25,527 | 10/03/22 | |
Xie Ken | President & CEO President & CEO | Aug 18 | Option | 4.766 | 300,000 | 1,429,800 | 63,248,610 | 08/18/22 |
Xie Michael | VP, Engineering & CT.. VP, Engineering & CTO | Aug 01 | Option | 0 | 16,400 | 29,788,520 | 08/03/22 |