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The Latest Breaking News from Fortinet

A whale with a lot of money to spend has taken a noticeably bearish stance on Fortinet. Looking at options history for Fortinet (NASDAQ:FTNT) we detected 14 strange trades.

Benzinga

Survey: SE Asia shortage of cybersecurity experts

A sophisticated cyberthreat landscape is pushing organisations to scramble to find highly qualified security experts amid a shortage, according to Fortinet, a global cybersecurity company.

Bangkok Post

How Is The Market Feeling About Fortinet?

Fortinet's (NASDAQ:FTNT) short percent of float has risen 42.75% since its last report. The company recently reported that it has 2.63 million shares sold short, which is 1.97% of all regular shares that are available for trading.

Benzinga

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If You Invested $1000 In This Stock 10 Years Ago, You Would Have $12,000 Today

Fortinet (NASDAQ:FTNT) has outperformed the market over the past 10 years by 17.49% on an annualized basis producing an average annual return of 28.22%. Currently, Fortinet has a market capitalization of $43.26 billion.

Benzinga

If You Invested $100 In Fortinet 10 Years Ago, Here's How Much You Would Have Today

Fortinet (NASDAQ:FTNT) has outperformed the market over the past 10 years by 17.96% on an annualized basis producing an average annual return of 30.26%. Currently, Fortinet has a market capitalization of $46.90 billion.

Benzinga

Peering Into Fortinet's Recent Short Interest

Fortinet's (NASDAQ:FTNT) short percent of float has fallen 7.55% since its last report. The company recently reported that it has 1.97 million shares sold short, which is 1.47% of all regular shares that are available for trading.

Benzinga

Ominous Death Cross Forms On Fortinet's Chart

If history is any guide, there may be trouble ahead for shares of Fortinet (NASDAQ:FTNT). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

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Benzinga's Top Ratings Upgrades, Downgrades For May 5, 2022

Upgrades

Benzinga

Why Fortinet Stock Is Trading Higher Today

Fortinet Inc (NASDAQ: FTNT) shares are trading higher THursday after the company reported better-than-expected financial results and issued guidance above analyst estimates.

Benzinga

What 5 Analyst Ratings Have To Say About Fortinet

Over the past 3 months, 5 analysts have published their opinion on Fortinet (NASDAQ:FTNT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

12 Information Technology Stocks Moving In Wednesday's After-Market Session

Gainers MMTEC (NASDAQ:MTC) shares increased by 13.9% to $0.4 during Wednesday's after-market session. The market value of their outstanding shares is at $12.5 million.

Benzinga

Why Fortinet Shares Are Trading Higher After Hours

Fortinet Inc (NASDAQ: FTNT) shares are trading higher in Wednesday's after-hours session after the

Benzinga

Fortinet: Q1 Earnings Insights

Fortinet (NASDAQ:FTNT) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Fortinet beat estimated earnings by 18.99%, reporting an EPS of $0.94 versus an estimate of $0.79.

Benzinga

If You Invested $100 In Fortinet 10 Years Ago, Here's How Much You Would Have Today

Fortinet (NASDAQ:FTNT) has outperformed the market over the past 10 years by 15.61% on an annualized basis producing an average annual return of 27.65%. Currently, Fortinet has a market capitalization of $45.88 billion.

Benzinga

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Benzinga

This Is What Whales Are Betting On Fortinet

Someone with a lot of money to spend has taken a bearish stance on Fortinet (NASDAQ:FTNT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Where Fortinet Stands With Analysts

Over the past 3 months, 7 analysts have published their opinion on Fortinet (NASDAQ:FTNT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

StockNews.com

Palo Alto Networks vs. Fortinet: Which Cybersecurity Stock is a Better Buy?

Today I'll analyze and compare Palo Alto Networks (PANW) and Fortinet (FTNT) to determine which cybersecurity stock is currently a better investment.

Benzinga

If You Invested $100 In Fortinet 5 Years Ago, Here's How Much You Would Have Today

Fortinet (NASDAQ:FTNT) has outperformed the market over the past 5 years by 41.63% on an annualized basis producing an average annual return of 55.92%. Currently, Fortinet has a market capitalization of $55.79 billion.

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For March 29, 2022

Upgrades

Benzinga

Why This Analyst Downgraded Fortinet And CommScope

While Fortinet Inc.’s (NASDAQ: FTNT) stock already prices in the company’s strong results, CommScope Holding Company Inc (NASDAQ: COMM) has limited catalysts to drive growth in the near term, according to Bo

StockNews.com

3 Overvalued Cybersecurity Stocks to Avoid: Fortinet, Cloudflare, and KnowBe4

Rapid digitization and remote working trends have increased the risks of malicious cyberattacks, which in turn has accelerated the demand for cybersecurity solutions. However, the shares of Fortinet (FTNT), Cloudflare (NET), and KnowBe4 (KNBE) are currently trading at lofty valuations despite their companies’ bleak growth prospects. So, we think it…

Benzinga

Expert Ratings For Fortinet

Within the last quarter, Fortinet (NASDAQ:FTNT) has observed the following analyst ratings:

Benzinga

Here's How Much $100 Invested In Fortinet 10 Years Ago Would Be Worth Today

Fortinet (NASDAQ:FTNT) has outperformed the market over the past 10 years by 14.85% on an annualized basis.

Bangkok Post

Cybercriminals locating more victims

Cybercriminals are expanding their targets to e-sports, satellite internet, edge computing and crypto wallets to reach more victims in the digital world, says Fortinet, a global cybersecurity company.

Bangkok Post

Fortinet sees security demand in Asean

Fortinet, a global cybersecurity company, aims to increase its subscription-based services in Asean to capture a surge in demand and deal with heightened cyberthreats in the digital world.

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