Fortinet, Inc.
FTNT- Exchange
- Nasdaq
- Industry
- Computer Peripheral Equipment, NEC
- SEC CIK
- 0001262039
In the last 90 days, Fortinet, Inc. insiders filed 0 open-market purchases and 4 sales; 1,593 institutions reported holding it in 13F filings for Q2 2026, worth $77.6B in total; Fundsmith is the only superinvestor holding it.
Key figures
- Market capClose on Nov 11, 2026
- $94.1B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsLast 90 days, $30.7M in total
- 4
- 13F holdersQ2 2026, +272 vs. previous quarter
- 1,593
- 13F valueReported value at the end of Q2 2026
- $77.6B
- Superinvestors holdingAt the end of Q2 2026
- 1
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $6.80B
- +14.2% year over year
- Net income, FY2025
- $1.85B
- +6.2% year over year
- Free cash flow, FY2025
- $2.23B
- +18.4% year over year
- Revenue, Q3 FY2026
- $2.08B
- +20.5% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 12.0M
- Shares sold short
- Change
- −106.2K
- −0.9% vs. previous
- Days to cover
- 1.94
- At average daily volume
Superinvestors holding FTNT, Q2 2026
Go to the superinvestors tab1 superinvestor reports holding Fortinet, Inc. on Form 13F. Percentages are the stock's share of each portfolio.
Latest insider trades
See all insider tradesOpen-market purchases and sales by Fortinet, Inc. insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Nov 3, 2026 (view filing)4:40 PM ET | Nov 2 | 1 day | Xie KenPresident & CEO | SSale | −161.5K | $129.31 | −$20.9M | −0.3%53.0M after | 8 lots10b5-1 |
| Nov 3, 2026 (view filing)4:37 PM ET | Nov 2 | 1 day | Xie MichaelVP, Engineering & CTO | SSale | −3.12K | $129.49 | −$404.1K | 0.0%9.92M after | 7 lots10b5-1 |
| Sep 25, 2026 (view filing)4:18 PM ET | Sep 24 | 1 day | Ohlgart ChristianeChief Financial Officer | SSale | −48 | $180.00 | −$8.64K | −0.5%10.3K after | 10b5-1 |
| Sep 16, 2026 (view filing)4:22 PM ET | Sep 14-15 | 2 days | Whittle JohnCHIEF OPERATING OFFICER | SSale | −56.7K | $165.61 | −$9.39M | −36.9%97.0K after | 3 lots10b5-1 |
| Aug 4, 2026 (view filing)5:15 PM ET | Aug 3 | 1 day | Xie MichaelVP, ENGINEERING & CTO | SSale | −3.12K | $162.63 | −$507.6K | 0.0%9.92M after | 4 lots10b5-1 |
| Aug 4, 2026 (view filing)5:13 PM ET | Aug 3 | 1 day | Xie KenPRESIDENT & CEO | SSale | −161.5K | $162.66 | −$26.3M | −0.3%53.0M after | 6 lots10b5-1 |
| Aug 4, 2026 (view filing)5:12 PM ET | Aug 4 | Same day | Ohlgart ChristianeChief Financial Officer | SSale | −387 | $164.59 | −$63.7K | −3.6%10.4K after | 10b5-1 |
| Jun 3, 2026 (view filing) | Jun 2 | 1 day | Xie KenPRESIDENT & CEO | SSale | −160.6K | $145.58 | −$23.4M | −0.3%53.0M after | 8 lots10b5-1 |
| Jun 3, 2026 (view filing) | Jun 3 | Same day | Xie MichaelVP, ENGINEERING & CTO | SSale | −3.91K | $146.44 | −$572.1K | 0.0%9.92M after | 5 lots10b5-1 |
| May 22, 2026 (view filing) | May 21 | 1 day | Whittle JohnCHIEF OPERATING OFFICER | SSale | −146.0K | $128.41 | −$18.8M | −60.7%94.7K after | 3 lots10b5-1 |
Top 10 13F holders, Q2 2026
See all 1,593 holdersThe largest institutional positions in Fortinet, Inc. at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 62,242,221 | $9.56B | 0.14% | +273,488+0.4% | Added |
| Vanguard Capital Management LLC | 40,663,961 | $6.25B | 0.13% | +909,183+2.3% | Added |
| State Street Corp | 29,630,652 | $4.55B | 0.13% | +701,017+2.4% | Added |
| Vanguard Portfolio Management LLC | 24,844,685 | $3.82B | 0.17% | −193,002−0.8% | Reduced |
| Invesco Ltd. | 24,621,016 | $3.78B | 0.30% | −913,516−3.6% | Reduced |
| Geode Capital Management, LLC | 17,439,799 | $2.68B | 0.14% | −21,978−0.1% | Reduced |
| Norges Bank | 12,449,356 | $1.91B | 0.19% | +12,449,356 | New |
| First Trust Advisors LP | 10,815,814 | $1.66B | 0.98% | −690,359−6.0% | Reduced |
| Arrowstreet Capital, Limited Partnership | 10,127,342 | $1.56B | 0.69% | +476,318+4.9% | Added |
| Bank of New York Mellon Corp | 9,327,182 | $1.43B | 0.24% | −4,005,901−30.0% | Reduced |
Holders of 5% or more of FTNT
See all 1 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Fortinet, Inc..
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 13G | 6.21%46.0M shares | New | Apr 29, 20261 filing | Apr 29, 2026 | SEC |
Politician trades
All politician trades in FTNT12 members of Congress reported 29 trades in Fortinet, Inc. since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Jul 21, 2026 | Alan Armstrong Senate · OK | Buy | $1K-$15K |
| Jul 17, 2026 | Dan Newhouse House · WA | Sell (partial) | $1K-$15K |
| May 8, 2026 | Gilbert Ray Cisneros, Jr. House · CA | Sell | $1K-$15K |
| Apr 7, 2026 | Gilbert Ray Cisneros, Jr. House · CA | Buy | $1K-$15K |
| Nov 21, 2025 | Lisa C. McClain House · MI | Sell | $1K-$15K |

Senate · OK · Jul 21, 2026
Buy$1K-$15K

House · WA · Jul 17, 2026
Sell (partial)$1K-$15K

House · CA · May 8, 2026
Sell$1K-$15K

House · CA · Apr 7, 2026
Buy$1K-$15K

House · MI · Nov 21, 2025
Sell$1K-$15K