Fortinet Inc. stock outperforms competitors on strong trading day
Fortinet Inc. (FTNT) saw its stock rally by 1.80% to $153.51 on Friday, outperforming the broader market which also experienced a favorable trading session. This rise ended a two-day losing streak for the company's stock. The S&P 500 Index and the Dow Jones Industrial Average also recorded gains.
15,173 Shares in Fortinet, Inc. $FTNT Acquired by OVERSEA CHINESE BANKING Corp Ltd
OVERSEA CHINESE BANKING Corp Ltd has acquired a new position of 15,173 shares in Fortinet, Inc. (NASDAQ:FTNT) during the second quarter, valued at approximately $2.33 million. This comes as other institutional investors have also adjusted their holdings in the cybersecurity company. Fortinet recently reported strong Q2 earnings, surpassing analyst estimates with $0.90 EPS and $2.05 billion in revenue, while insiders have made significant sales of company stock.
Fairtree Asset Management Pty Ltd Purchases New Stake in Fortinet, Inc. $FTNT
Fairtree Asset Management Pty Ltd has acquired a new stake of 28,895 shares in Fortinet, Inc. (NASDAQ:FTNT) valued at approximately $4.44 million, making it their 16th largest holding. This comes amidst other institutional investments and significant insider stock sales by CEO Ken Xie and VP Michael Xie. Analysts currently hold a "Hold" consensus rating for Fortinet with an average price target of $150.91, following its recent positive earnings report.
23,499 Shares in Fortinet, Inc. $FTNT Acquired by Great Lakes Advisors LLC
Great Lakes Advisors LLC acquired a new stake of 23,499 shares in Fortinet, Inc. (NASDAQ:FTNT) during the second quarter, valued at approximately $3.61 million. Other institutional investors like BlackRock Inc., Norges Bank, and Bank of New York Mellon Corp also made significant investments. This comes as Fortinet insiders, including VP Michael Xie and CEO Ken Xie, sold shares to cover tax obligations.
Bank of New York Mellon Corp Buys Shares of 9,327,182 Fortinet, Inc. $FTNT
Bank of New York Mellon Corp has acquired a new position in Fortinet, Inc. (NASDAQ:FTNT), purchasing over 9.3 million shares valued at approximately $1.43 billion. This investment makes Bank of New York Mellon Corp one of Fortinet's significant institutional shareholders, owning about 1.27% of the company. Other institutional investors have also adjusted their holdings in Fortinet, while company insiders, including CEO Ken Xie and VP Michael Xie, recently sold shares primarily to cover tax obligations.
Fortinet Inc. stock underperforms Thursday when compared to competitors
Fortinet Inc. (FTNT) stock declined by 1.35% on Thursday, closing at $150.79. This underperformance occurred on a negative day for the broader market, with both the S&P 500 and Dow Jones Industrial Average also falling. This marks the second consecutive day of losses for Fortinet's stock.
one8zero8 LLC Buys New Stake in Fortinet, Inc. $FTNT
one8zero8 LLC has acquired a new stake in Fortinet, Inc. (NASDAQ:FTNT) during the second quarter, purchasing 187,993 shares valued at approximately $28.88 million, making it their second-largest holding. Other institutional investors have also adjusted their positions in the cybersecurity company. Wall Street analysts currently have a "Hold" consensus rating on Fortinet, with a consensus price target of $150.91, following various price target adjustments from different firms.
Should iShares Morningstar Mid-Cap Growth ETF (IMCG) Be on Your Investing Radar?
This article examines the iShares Morningstar Mid-Cap Growth ETF (IMCG), highlighting its structure, expense ratio, sector allocations, and performance. IMCG is presented as a cost-effective option for investors seeking exposure to mid-cap growth companies, with details on its top holdings and risk profile. The fund currently holds a Zacks ETF Rank of 2 (Buy) and is compared to alternative mid-cap growth ETFs.
Johnson Financial Group Inc. Purchases Shares of 49,686 Fortinet, Inc. $FTNT
Johnson Financial Group Inc. has acquired a new stake in Fortinet, Inc. (NASDAQ:FTNT), purchasing 49,686 shares valued at approximately $7.6 million during the second quarter. This move comes as other institutional investors have also adjusted their positions in the cybersecurity firm, which recently reported stronger-than-expected quarterly earnings. Despite mixed analyst sentiment and a recent stock decline, Fortinet's institutional ownership remains high at 83.71%.
421,954 Shares in Fortinet, Inc. $FTNT Purchased by NewEdge Wealth LLC
NewEdge Wealth LLC has purchased a significant new stake of 421,954 shares in Fortinet, Inc. (NASDAQ:FTNT), valued at approximately $64.82 million, making them a notable institutional investor. This acquisition is part of broader institutional activity in Fortinet, with several other firms also adjusting their positions. The article also highlights recent insider stock sales by Fortinet executives and provides an overview of analyst ratings, financial performance, and company profile.
Knuff & Co LLC Invests $16.22 Million in Fortinet, Inc. $FTNT
Knuff & Co LLC has invested $16.22 million in Fortinet, Inc. (NASDAQ:FTNT), acquiring 105,607 shares, making it their 7th largest holding. This investment comes as Fortinet reported strong quarterly results, beating analyst expectations with $0.90 EPS and $2.05 billion in revenue. Despite mixed analyst ratings and significant insider selling, institutional investors collectively own 83.71% of the cybersecurity company.
Flossbach Von Storch SE Acquires Shares of 13,989 Fortinet, Inc. $FTNT
Flossbach Von Storch SE has acquired 13,989 shares of Fortinet, Inc. (NASDAQ:FTNT), valued at approximately $2.15 million, during the second quarter. Other institutional investors like Brighton Jones LLC, Bison Wealth LLC, HUB Investment Partners LLC, Diversify Advisory Services LLC, and Quantinno Capital Management LP also adjusted their holdings in the cybersecurity company. The article details Fortinet's price performance, recent earnings, analyst ratings, and significant insider selling by VP Michael Xie and CEO Ken Xie.
E Fund Management Co. Ltd. Acquires New Position in Fortinet, Inc. $FTNT
E Fund Management Co. Ltd. has purchased a new stake of 42,599 shares in Fortinet, Inc. (NASDAQ:FTNT) during the second quarter, valued at approximately $6.54 million. This acquisition comes as institutional investors collectively own 83.71% of Fortinet, a cybersecurity company that recently exceeded analyst expectations with strong Q2 earnings and revenue growth. Despite a consensus "Hold" rating from analysts with an average price target of $150.91, Fortinet shares recently traded at $152.85, and insiders have sold off roughly $50.7 million in stock over the past three months.
Rubrik, Inc. Class A (RBRK): New Buy Recommendation for This Technology Giant
Barclays analyst Saket Kalia has reiterated a Buy rating for Rubrik, Inc. Class A (RBRK) with a price target of $110.00. This recommendation comes despite negative insider sentiment, with 79 insiders selling shares in the past quarter, including a significant sale by director Ravi Mhatre in June 2026. The company reported quarterly revenue of $387.07 million and a GAAP net loss of $41.85 million for the quarter ending April 30.
Cutting through the Claude Mythos hype: What it means for CISOs
Anthropic's Claude Mythos AI model has generated significant buzz in the cybersecurity world due to its reported ability to find and exploit vulnerabilities at machine speed. While experts acknowledge the potential for an "unprecedented tsunami of vulnerabilities," there's also skepticism about the extent of the hype and whether the model's capabilities are truly unique to Anthropic. The discussion emphasizes the need for CISOs to reinforce cybersecurity fundamentals like patch management, vulnerability management, and zero trust, and to establish strong governance around AI adoption, regardless of Mythos's ultimate impact.
Fortinet Inc. stock underperforms Wednesday when compared to competitors
Fortinet Inc. (FTNT) stock declined by 3.27% on Wednesday, closing at $152.85. This underperformance occurred on an otherwise positive trading day where the S&P 500 Index and Dow Jones Industrial Average both saw gains. The stock is currently 11.18% below its 50-week high of $172.09, reached on August 5th.
Fortinet Slides as Profit-Taking and Tech Weakness Weigh on Shares
Fortinet (FTNT) shares slid 3.2% due to a combination of profit-taking after a strong post-earnings rally and a broader selloff in technology stocks. No new negative company-specific news was identified as the cause, suggesting market sentiment and positioning are the main drivers. Recent insider sales in early August also added caution, although these were mostly post-option exercise transactions.
40,044 Shares in Fortinet, Inc. $FTNT Purchased by Oxbow Advisors LLC
Oxbow Advisors LLC recently acquired 40,044 shares of Fortinet, Inc. (NASDAQ:FTNT) valued at approximately $6.15 million, as disclosed in their Q2 13F filing. While institutional investors collectively own 83.71% of the stock, analyst sentiment is mixed with an average "Hold" rating despite Fortinet beating recent earnings and revenue estimates. The company's stock currently trades at a high P/E ratio, and insiders have been selling shares under pre-arranged trading plans.
Palmer Knight Co Makes New $12.39 Million Investment in Fortinet, Inc. $FTNT
Palmer Knight Co recently invested $12.39 million in Fortinet, acquiring 80,657 shares, making it their third-largest holding. Fortinet, a cybersecurity company, exceeded Q2 earnings estimates with $0.90 EPS and $2.05 billion in revenue, driven by AI-focused acquisitions like Virtue AI. Despite strong performance and growth, analysts hold a "Hold" rating due to its high valuation and the need for sustained revenue growth from its acquisition strategy.
Stifel raises Palo Alto Networks stock price target on demand checks
Stifel has increased its price target for Palo Alto Networks (NASDAQ:PANW) stock to $415 from $330, maintaining a Buy rating, following positive demand checks with cybersecurity partners. The firm expects the company to exceed fiscal fourth-quarter earnings expectations and notes strong year-to-date performance and positive analyst sentiment driven by AI security investments and platform strategy. Despite being considered overvalued by Fair Value analysis, 41 analysts have revised earnings upwards for the upcoming period.
Fortinet eyes AI security gains with Virtue AI acquisition
Fortinet has acquired Virtue AI, an AI security specialist, to enhance its existing Security for AI portfolio with AI runtime protection and automated validation capabilities. This acquisition aims to strengthen Fortinet's ability to protect AI models and applications across their lifecycle, addressing the expanding attack surface as organizations increasingly deploy AI. The deal comes as the market for securing AI ecosystems is projected to grow significantly, with financial terms remaining undisclosed but deemed "immaterial" to Fortinet's business.
113,956 Shares in Fortinet, Inc. $FTNT Bought by Wealthfront Advisers LLC
Wealthfront Advisers LLC recently acquired 113,956 shares of Fortinet, Inc. (NASDAQ:FTNT) valued at approximately $17.5 million, as disclosed in its latest SEC filing. Other institutional investors, including BlackRock Inc. and Norges Bank, also significantly increased their holdings in the cybersecurity company. Fortinet reported strong Q2 earnings, surpassing analyst estimates, and has seen its stock gain nearly 100% in 2026, though some analysts note its elevated valuation.
Meeder Advisory Services Inc. Invests $2.86 Million in Fortinet, Inc. $FTNT
Meeder Advisory Services Inc. has invested $2.86 million in Fortinet, Inc. by acquiring 18,589 shares during the second quarter. This move is part of a broader trend of institutional investors and hedge funds increasing their stakes in Fortinet, with several analysts also weighing in on the company's stock performance and AI-driven growth strategy. Despite strong growth and strategic acquisitions, some analysts caution about high valuation and elevated expectations.
10 Stocks with the Largest Fair Value Estimate Increases During Q2 Earnings
Morningstar analysts raised fair value estimates for many stocks during the second-quarter earnings season, though at a slower pace than in recent quarters. Energy and technology sectors saw the highest increases. The article highlights the top 10 stocks with the largest percentage increases in fair value estimates, including ASML, Expand Energy, and Lam Research, and provides analyst commentary for each.
Fortinet (FTNT) Expands AI Security, Is The Stock Priced For Perfection?
Fortinet (FTNT) recently reported strong Q2 results and acquired Virtue AI, boosting its AI security efforts. Despite a short-term price cool-off, the stock has shown significant momentum year-to-date and over longer periods. However, its current valuation, with a P/E ratio around 60x, suggests it may be overvalued and priced for future perfection, potentially leaving limited room for error.
Diversify Advisory Services LLC Makes New Investment in Fortinet, Inc. $FTNT
Diversify Advisory Services LLC has made a new investment in Fortinet, Inc. (NASDAQ:FTNT), purchasing 108,044 shares valued at approximately $16.46 million in the second quarter. This move is part of broader institutional interest, with several other firms also adjusting their positions in the cybersecurity company. Despite some insider selling from key executives, Fortinet continues to strengthen its AI security offerings through acquisitions like Virtue AI, aiming to expand its AI-Native Security Fabric and build a cloud-based security platform.
Danske Bank A S Takes Position in Fortinet, Inc. $FTNT
Danske Bank A S has acquired a new position in Fortinet, Inc. (NASDAQ:FTNT), purchasing 535,734 shares valued at approximately $82.3 million, representing 0.07% of the company. This comes as Fortinet continues to strengthen its AI-security and cloud-platform strategy through acquisitions like Virtue AI, following strong quarterly results with revenue up 25.6% year over year. Despite a "Hold" consensus rating from analysts and an elevated valuation, institutional investors collectively own 83.71% of Fortinet's stock.
25,875 Shares in Fortinet, Inc. $FTNT Purchased by Alamar Capital Management LLC
Alamar Capital Management LLC acquired a new stake of 25,875 shares in Fortinet, Inc. (NASDAQ:FTNT) during the second quarter, valued at approximately $3.975 million, making it their 5th largest position. Other institutional investors like BlackRock Inc. and State Street Corp also significantly increased their holdings in Fortinet. The company recently reported strong quarterly earnings, surpassing analyst estimates, and has received mixed analyst ratings with a consensus "Hold" and target price of $150.91.
Guidewire Software (NYSE:GWRE) Stock Price
This article provides an overview of Guidewire Software's stock performance, analyst valuations, and recent narratives. It highlights the company's position in the insurance technology sector, focusing on the adoption of cloud and AI, and discusses both growth opportunities and potential challenges like competition and cybersecurity risks. Key financial metrics and recent insider transactions are also included.
Fortinet Inc. stock outperforms competitors on strong trading day
Fortinet Inc. (FTNT) saw its stock price rally by 1.39% to $158.01 on Tuesday, outperforming the broader market during a generally poor trading session. This gain broke a two-day losing streak for the company, as the S&P 500 Index and Dow Jones Industrial Average both experienced declines.
Fortinet’s Virtue AI acquisition rebalances the agentic AI security equation
Fortinet's acquisition of Virtue AI is set to address the growing security challenges posed by agentic artificial intelligence. This move will help businesses secure autonomous AI systems that act like digital employees, by providing AI runtime protection, automated AI validation, and agentic AI security capabilities. The acquisition emphasizes the need for continuous AI protection, moving beyond traditional security models to govern AI behavior and integrate security controls into existing workflows.
The First Principles Of Cybersecurity Still Apply
Recent cyberattacks on US water facilities highlight that fundamental cybersecurity principles, such as not exposing vulnerable systems to hostile networks, remain critical. Despite advancements in technology and security, many organizations, especially in operational technology (OT), continue to leave industrial control systems and IoT devices directly accessible to the internet. The article stresses that while budget and staffing are issues, the primary problem is the exposure of systems, a risk exacerbated by agentic AI, and advises a return to basic architectural protections like network segmentation and restricted access.
UNIVEST FINANCIAL Corp Acquires New Holdings in Fortinet, Inc. $FTNT
UNIVEST FINANCIAL Corp has acquired a new stake in Fortinet, Inc. (NASDAQ:FTNT), purchasing 71,812 shares valued at approximately $11.03 million in the second quarter. Other hedge funds also modified their holdings, with institutional investors and hedge funds now owning 83.71% of Fortinet's stock. Recent insider activity shows CEO Ken Xie and VP Michael Xie selling shares, primarily to cover tax obligations from equity awards, though insiders collectively still own 17.60% of the company.
Pallas Capital Advisors LLC Acquires Shares of 17,777 Fortinet, Inc. $FTNT
Pallas Capital Advisors LLC has acquired 17,777 shares of Fortinet, Inc. (NASDAQ:FTNT) valued at approximately $2,731,000, as reported in their latest SEC filing. Other institutional investors like Norges Bank and Bank of New York Mellon Corp also significantly increased their holdings. The report also details Fortinet's stock performance, recent earnings, analyst ratings, and insider trading activity, including a sale by CEO Ken Xie to cover tax obligations.
Fortinet Advances Continuous AI Protection with the Acquisition of Virtue AI
Fortinet has acquired Virtue AI, a company specializing in AI runtime protection and automated AI validation, to enhance its AI-Native Security Fabric. This acquisition will expand Fortinet's security capabilities to cover the entire AI lifecycle, including continuous AI validation, agent protection, and real-time guardrails against emerging AI-specific risks. The move aims to help organizations confidently deploy and secure AI applications and autonomous agents.
Fortinet Inc (FTNT) News, Articles, Events & Latest Updates
This article provides recent news and updates on Fortinet Inc (FTNT), highlighting its acquisition of Virtue AI to expand AI security capabilities and its strong performance in the cybersecurity market. It discusses analyst opinions on Fortinet's growth potential due to firewall and SASE demand, and compares it with competitors like CrowdStrike and Zscaler. The news also mentions Intel Foundry's new partnership to manufacture Fortinet's next-generation Security Processor 6.
In-Depth Analysis: Microsoft Versus Competitors In Software Industry
This article provides an in-depth analysis of Microsoft (NASDAQ: MSFT) compared to its competitors in the Software industry, examining key financial metrics, market positioning, and growth prospects. It highlights Microsoft's potential undervaluation based on PE and PB ratios, strong profitability indicators like EBITDA and gross profit, and robust revenue growth, despite a lower Return on Equity compared to peers. The analysis also notes Microsoft's stronger financial position due to a lower debt-to-equity ratio.
Mitsubishi UFJ Asset Management Co. Ltd. Invests $245.91 Million in Fortinet, Inc. $FTNT
Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new stake of 1,600,783 shares in Fortinet, Inc. (NASDAQ:FTNT), valued at approximately $245.91 million, as disclosed in their recent SEC filing. Other institutional investors have also adjusted their holdings in Fortinet, with some increasing their stakes while insiders have sold shares totaling $69.48 million over the last three months. The cybersecurity company reported strong Q2 earnings, beating analyst estimates, and has received varied analyst ratings, with an average "Hold" rating and a price target of $150.91.
Citizens Financial Group Inc. RI Buys New Stake in Fortinet, Inc. $FTNT
Citizens Financial Group Inc. RI acquired a new stake of 23,387 shares in Fortinet, Inc. valued at approximately $3.6 million during the second quarter. Fortinet reported strong Q2 earnings of $0.90 per share and revenue of $2.05 billion, exceeding analyst estimates. Despite mixed analyst sentiment with a consensus "Hold" rating, the company has received multiple "Buy" ratings and price target increases from several research firms.
3,782,726 Shares in Fortinet, Inc. $FTNT Bought by Deutsche Bank AG
Deutsche Bank AG has acquired a significant new position in Fortinet (NASDAQ:FTNT), purchasing over 3.78 million shares valued at approximately $581.1 million, representing a 0.52% stake in the cybersecurity company. This comes as Fortinet reported strong quarterly earnings, surpassing analyst expectations with $0.90 EPS and $2.05 billion in revenue. Despite recent insider selling and a "Hold" consensus rating from analysts, institutional investors now collectively own 83.71% of Fortinet.
Zacks.com featured highlights include Centene, Tenet Healthcare, Fortinet, Unity Software and Goldman Sachs
This article identifies five top-ranked stocks—Centene, Tenet Healthcare, Fortinet, Unity Software, and Goldman Sachs—that are likely to beat earnings expectations. It explains the significance of earnings surprises for stock performance and outlines how investors can find such stocks by looking at their historical earnings surprise track records. The article highlights each company's Zacks Rank and their average earnings surprise over the past four quarters.
BlackRock Inc. Takes Position in Fortinet, Inc. $FTNT
BlackRock Inc. has acquired a new position in Fortinet, Inc. (NASDAQ:FTNT), purchasing over 62 million shares valued at approximately $9.56 billion. This move makes BlackRock Inc. one of the largest institutional holders of Fortinet, owning about 8.48% of the company. The article also details other institutional investor activities, recent insider stock sales, Fortinet's financial performance, and analyst ratings.
Zacks.com featured highlights include Centene, Tenet Healthcare, Fortinet, Unity Software and Goldman Sachs
Zacks.com has identified five top-ranked stocks—Centene (CNC), Tenet Healthcare (THC), Fortinet (FTNT), Unity Software (U), and The Goldman Sachs Group (GS)—that are likely to beat earnings expectations. The article emphasizes the significance of positive earnings surprises in driving stock performance and explains the methodology for identifying such stocks. Each company's Zacks Rank and average earnings surprise over the past four quarters are highlighted as key indicators for their potential.
Fortinet Inc. stock underperforms Monday when compared to competitors
Shares of Fortinet Inc. (FTNT) fell by 2.60% on Monday, closing at $155.85, as the broader market also experienced losses. The S&P 500 Index decreased by 0.52%, and the Dow Jones Industrial Average dropped by 0.51%. This marked the second consecutive day of losses for Fortinet's stock.
Fortinet Advances Continuous AI Protection with the Acquisition of Virtue AI
Fortinet (NASDAQ: FTNT) has acquired Virtue AI, a company specializing in AI runtime protection and security for autonomous AI systems. This acquisition aims to enhance Fortinet's "Security for AI" strategy by providing continuous AI assurance, validating AI systems, and protecting against emerging AI-specific risks like prompt injections and model poisoning. Virtue AI's technology, including its Guardian Agent, will extend security from development through runtime, addressing the expanding attack surface created by rapid AI application and autonomous agent deployment.
Fortinet Advances Continuous AI Protection with the Acquisition of Virtue AI
Fortinet has acquired Virtue AI, a company specializing in AI runtime protection and automated AI validation, to enhance its AI-Native Security Fabric. This acquisition will expand Fortinet's existing AI security solutions by providing continuous AI assurance, securing AI systems throughout their lifecycle, and protecting against emerging AI-specific risks like prompt injections and model poisoning. Virtue AI's capabilities include agentic system red-teaming, agent protection, continuous AI validation, and real-time guardrails, addressing the rapidly expanding market for securing AI ecosystems.
BUG Dividend: 0.06% Yield, $0.01/Share — History & Dates
Global X The Global X Cybersecurity ETF (BUG) offers a 0.06% dividend yield, paying $0.01 per share annually with a payout ratio of 0.36. The ETF has been paying dividends since 2019 and has a 5-year dividend growth rate of 0.67%. The article provides a complete history of its dividend payments and related data.
Fortinet’s AI security focus gains Virtue
Fortinet is acquiring Virtue AI to enhance its "security for AI" strategy and strengthen its cybersecurity platforms. Virtue AI's Guardian Agent platform, which provides AI runtime protection and validation, will be integrated into Fortinet's FortiAIGate platform, designed to protect large language models. This acquisition aims to offer continuous AI assurance, helping enterprises secure AI systems throughout their lifecycle.
Fortinet Grew Revenue 26% and Billings 33% in Q2. The Stock Has Already Priced In a Lot of It.
Fortinet (FTNT) reported strong Q2 2026 results, with revenue up 26% and billings up 33% year-over-year, driven by increased demand for its network security hardware due to AI-driven infrastructure buildouts. Despite this strong performance and robust free cash flow generation, the stock's current valuation of 46 times forward earnings suggests that much of this growth is already priced in, offering limited near-term upside according to analyst and TIKR models. Investors are advised to consider the premium valuation and potential for modest returns by growth-stock standards.
More Than 50 Sandboxed Environments Test AI Agents—Who Acquired the Company?
Fortinet (NASDAQ: FTNT) has acquired Virtue AI, a specialist in AI runtime protection, automated AI validation, and security for autonomous AI systems. This acquisition enhances Fortinet's AI-Native Security Fabric, extending its lifecycle security for AI models, applications, and agentic systems, and complements existing solutions like FortiAIGate. Virtue AI's technology, including its Guardian Agent, offers capabilities such as agentic system red-teaming across over 50 sandboxed environments, continuous AI validation, and real-time guardrails for various content types, addressing the expanding attack surface presented by AI applications.
