10,813 Shares in Fortinet, Inc. $FTNT Purchased by Cantor Fitzgerald L. P.

Cantor Fitzgerald L. P. bought a new stake in shares of Fortinet, Inc. (NASDAQ:FTNT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 10,813 shares of the software maker’s stock, valued at approximately $909,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LSV Asset Management acquired a new stake in shares of Fortinet in the second quarter worth $25,000. Financial Consulate Inc. acquired a new position in Fortinet during the 3rd quarter valued at $25,000. Steigerwald Gordon & Koch Inc. acquired a new position in Fortinet during the 3rd quarter valued at $25,000. Pinnacle Holdings LLC bought a new stake in Fortinet in the 3rd quarter valued at $25,000. Finally, Ameriflex Group Inc. acquired a new stake in Fortinet in the 3rd quarter worth $25,000. Institutional investors and hedge funds own 83.71% of the company’s stock.

Key Stories Impacting Fortinet

Here are the key news stories impacting Fortinet this week:

• Positive Sentiment: Fortinet unveiled FortiOS 8.0 with AI‑aware controls, quantum‑safe cryptography and sovereign SASE options, a product push that supports upsell into SecOps, SASE and AI security—positive for revenue mix and differentiation. Fortinet FortiOS 8.0 Targets AI Security And Quantum Ready Growth
• Positive Sentiment: Channel momentum highlighted as Liquid Networx won two Fortinet partner awards (Engage Preferred Services Partner and Unified SASE Partner of the Year), underscoring partner execution and potential services growth. Liquid Networx Wins Two Partner of the Year Awards at Fortinet Accelerate 2026
• Neutral Sentiment: Analyst commentary pieces provide context but no consensus upgrade — coverage includes broad insights on Fortinet alongside peers, offering mixed takeaways for investors. Analysts Offer Insights on Technology Companies: Fortinet (FTNT) and Atlassian (TEAM)
• Neutral Sentiment: Intraday swings were notable — the shares traded up in some sessions before closing lower, reflecting short‑term profit taking and rotation within the software/security group. Fortinet (FTNT) Advances While Market Declines: Some Information for Investors
• Negative Sentiment: Barclays moved coverage to a Hold, and Wells Fargo maintained a Sell—mixed-to‑negative analyst positioning is pressuring sentiment and can limit near‑term upside. Fortinet (FTNT) Gets a Hold from Barclays Wells Fargo Keeps Their Sell Rating on Fortinet (FTNT)
• Negative Sentiment: News roundups note that Fortinet fell more than the broader market in recent sessions—coverage points to analyst pressure and sector rotation as reasons for the pullback. Here’s Why Fortinet (FTNT) Fell More Than Broader Market

Fortinet Price Performance

Shares of Fortinet stock opened at $83.44 on Monday. The firm has a market cap of $61.74 billion, a P/E ratio of 34.34, a price-to-earnings-growth ratio of 2.88 and a beta of 1.05. The firm’s 50-day simple moving average is $80.66 and its 200-day simple moving average is $81.71. Fortinet, Inc. has a twelve month low of $70.12 and a twelve month high of $109.33. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.09 and a current ratio of 1.17.

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

Insider Buying and Selling

In related news, CEO Ken Xie sold 175,737 shares of the business’s stock in a transaction on 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 sale, the chief executive officer owned 51,396,385 shares of the company’s stock, valued at $4,184,693,666.70. The trade was a 0.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Michael Xie sold 343,106 shares of the company’s stock in a transaction on 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 completion of the sale, the vice president owned 10,210,282 shares in the company, valued at $831,321,160.44. This trade represents a 3.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 18.00% of the company’s stock.

Analyst Ratings Changes

FTNT has been the topic of several research reports. Wells Fargo & Company initiated coverage on shares of Fortinet in a report on Tuesday, March 3rd. They set an “underweight” rating and a $64.00 price objective on the stock. Scotiabank downgraded Fortinet from a “sector outperform” rating to a “sector perform” rating and set a $85.00 target price on the stock. in a research report on Monday, February 2nd. Evercore set a $80.00 price target on Fortinet in a research note on Friday, February 6th. Truist Financial set a $88.00 price target on Fortinet in a report on Tuesday, January 20th. Finally, UBS Group reiterated a “neutral” rating and issued a $90.00 price objective on shares of Fortinet in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, twenty-two have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Fortinet presently has a consensus rating of “Hold” and a consensus target price of $88.62.

Fortinet Company Profile

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.