Wilson Asset Management International PTY Ltd. Invests $7.99 Million in Fortinet, Inc. $FTNT

Wilson Asset Management International PTY Ltd. acquired a new stake in Fortinet, Inc. (NASDAQ:FTNT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 95,000 shares of the software maker’s stock, valued at approximately $7,988,000. Fortinet accounts for 2.0% of Wilson Asset Management International PTY Ltd.’s investment portfolio, making the stock its 22nd largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its position in shares of Fortinet by 2.2% in the 4th quarter. Brighton Jones LLC now owns 10,327 shares of the software maker’s stock worth $976,000 after buying an additional 221 shares in the last quarter. Bison Wealth LLC acquired a new position in Fortinet during the fourth quarter worth about $585,000. Callan Family Office LLC acquired a new position in Fortinet during the second quarter worth about $1,297,000. PDS Planning Inc lifted its holdings in shares of Fortinet by 9.5% in the second quarter. PDS Planning Inc now owns 4,131 shares of the software maker’s stock valued at $437,000 after purchasing an additional 358 shares in the last quarter. Finally, Aberdeen Group plc grew its position in shares of Fortinet by 14.5% in the second quarter. Aberdeen Group plc now owns 513,112 shares of the software maker’s stock valued at $54,246,000 after purchasing an additional 65,015 shares during the last quarter. Hedge funds and other institutional investors own 83.71% of the company’s stock.

Key Stories Impacting Fortinet

Here are the key news stories impacting Fortinet this week:

• Positive Sentiment: Q4 beat and raised full‑year guidance — Fortinet reported Q4 revenue of $1.91B and EPS of $0.81 (above estimates) and issued FY‑2026 EPS guidance ahead of consensus; management highlighted strong enterprise demand. Read More.
• Positive Sentiment: Billings, product growth and Unified SASE strength — Billings rose ~18% (Unified SASE billings up ~40%) and product revenue grew double digits, underpinning revenue momentum. Read More.
• Positive Sentiment: Buyback expanded — company increased its buyback program by $1B to roughly $10.25B through Feb 2027, a shareholder‑friendly move that supports the stock. Read More.
• Positive Sentiment: Some bullish analyst action — Rosenblatt raised its target to $105 (buy), and Wedbush reaffirmed an outperform with a $90 target, giving upside voices amid mixed comments. Read More. • Read More.
• Neutral Sentiment: Primary disclosures and management commentary — full earnings call transcript and presentation are available for deeper read on cloud/SASE strategy and guidance detail. Read More. • Read More.
• Negative Sentiment: Analyst caution still present — JPMorgan and Mizuho raised price targets slightly but kept underweight/outperform/underperform stances that imply limited near‑term upside from some shops; Jefferies also remains cautious on 2026. Read More. • Read More. • Read More.
• Negative Sentiment: Insider selling — filings show large sales by the CEO and a VP, which may raise short‑term governance/flow concerns for some investors. Read More. • Read More.
• Neutral Sentiment: Street positioning mixed — some firms (Robert W. Baird, others) keep holds or reiterate neutral stances citing product strength offset by services slowdown or limited near‑term upside. Read More.

Insider Buying and Selling at Fortinet

In other news, CEO Ken Xie sold 175,737 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $81.42, for a total value of $14,308,506.54. Following the completion of the sale, the chief executive officer owned 51,396,385 shares in the company, valued at approximately $4,184,693,666.70. This trade represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Michael Xie sold 343,106 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $81.42, for a total value of $27,935,690.52. Following the sale, the vice president owned 10,210,282 shares in the company, valued at approximately $831,321,160.44. The trade was a 3.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 17.20% of the stock is owned by corporate insiders.

Fortinet Stock Performance

NASDAQ:FTNT opened at $82.76 on Monday. The company has a market cap of $61.54 billion, a P/E ratio of 34.06, a P/E/G ratio of 2.85 and a beta of 1.06. The firm’s 50 day moving average is $80.37 and its two-hundred day moving average is $82.57. Fortinet, Inc. has a fifty-two week low of $70.12 and a fifty-two week high of $114.82. The company has a quick ratio of 1.09, a current ratio of 1.17 and a debt-to-equity ratio of 0.40.

Fortinet (NASDAQ:FTNT) last released its quarterly earnings data on Thursday, February 5th. The software maker reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. Fortinet had a return on equity of 124.21% and a net margin of 27.26%.The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the prior year, the firm posted $0.74 EPS. The business’s revenue for the quarter was up 14.8% on a year-over-year basis. Fortinet has set its Q1 2026 guidance at 0.590-0.630 EPS and its FY 2026 guidance at 2.940-3.000 EPS. Analysts expect that Fortinet, Inc. will post 2.09 EPS for the current year.

Analysts Set New Price Targets

FTNT has been the subject of several research reports. UBS Group restated a “neutral” rating and set a $90.00 price objective on shares of Fortinet in a research report on Friday. Mizuho raised their price target on Fortinet from $72.00 to $74.00 and gave the stock an “underperform” rating in a research report on Friday. JPMorgan Chase & Co. upped their price objective on Fortinet from $72.00 to $73.00 and gave the company an “underweight” rating in a research report on Friday. Oppenheimer reaffirmed a “market perform” rating on shares of Fortinet in a research note on Friday, January 23rd. Finally, Wedbush reiterated an “outperform” rating and set a $90.00 price objective on shares of Fortinet in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, twenty-three have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $89.46.

About Fortinet

Fortinet, Inc (NASDAQ: FTNT) is a multinational cybersecurity company that develops and delivers integrated security solutions for enterprise, service provider and government customers worldwide. Founded in 2000 and headquartered in Sunnyvale, California, the company was co‑founded by Ken Xie and Michael Xie. Ken Xie serves as chairman and chief executive officer, and the company operates through a global sales, channel and services organization to support customers across the Americas, EMEA and Asia‑Pacific.

Fortinet’s product portfolio centers on network security appliances and software, with its FortiGate next‑generation firewalls and the FortiOS operating system forming a core platform.