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FTNT · Fortinet, Inc.
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FTNT Fortinet (FTNT) Insider Trading, Ownership & Congress Trades

Tech Hardware · Computer peripheral equipment, nec · CIK 0001262039
Quote by TradingView
Congress · 2Form 144 · 5
Insider buyers, 180 days
0
Funds added, last quarter
859
13F, latest reported quarter
Conversions, 180 days
44
Codes C/M, not in net · $15.0M priced

What the filings say about FTNT

Insiders, 180 days
-$79.9M net sold
4 sellers · 9% of sales under a 10b5-1 plan
Congress, 1 year
2 bought · 3 sold
Latest: sale, 2026-07-10
Planned sales (Form 144), 90 days
$35.6M
5 notices

Fortinet insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

Over the last 180 days, Fortinet, Inc. insiders sold a net $79.9M of stock across 444 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.

Insider
Filed
Shares
Value
Since filing
Ohlgart Christiane
Chief Financial Officer
SELL
2026-09-25 SECtraded 2026-09-24
48
$8.6K
+2.1%
Context
  • 10 earlier Form 4 trades (code P or S) here by this insider (10 sales), the last on Aug 4, 2026.
  • The trade is 0.5% of the 10,345 shares held after it.
  • 1 other insider sold within 30 days.
  • 859 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer Ohlgart Christiane sold about $8.6K of FTNT under a 10b5-1 plan on Sep 24, 2026; 1 other insider sold within 30 days and 859 funds added in the latest 13F quarter.
Whittle John
CHIEF OPERATING OFFICER
SELL
2026-09-16 SECtraded 2026-09-15
2,835
$478.4K
+4.3%
Context
  • 85 earlier Form 4 trades (code P or S) here by this insider (85 sales), the last on Sep 14, 2026.
  • The trade is 2.9% of the 96,987 shares held after it.
  • 1 other insider sold within 30 days.
  • 859 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CHIEF OPERATING OFFICER Whittle John sold about $478.4K of FTNT under a 10b5-1 plan on Sep 15, 2026; 1 other insider sold within 30 days and 859 funds added in the latest 13F quarter.
Whittle John
CHIEF OPERATING OFFICER
SELL
2026-09-16 SECtraded 2026-09-14
52,707
$8.7M
+4.3%
Context
  • 83 earlier Form 4 trades (code P or S) here by this insider (83 sales), the last on May 21, 2026.
  • The trade is 53.7% of the 98,145 shares held after it.
  • 1 other insider sold within 30 days.
  • 859 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CHIEF OPERATING OFFICER Whittle John sold about $8.7M of FTNT under a 10b5-1 plan on Sep 14, 2026; 1 other insider sold within 30 days and 859 funds added in the latest 13F quarter.
Whittle John
CHIEF OPERATING OFFICER
SELL
2026-09-16 SECtraded 2026-09-14
1,158
$192.2K
+4.3%
Context
  • 83 earlier Form 4 trades (code P or S) here by this insider (83 sales), the last on May 21, 2026.
  • The trade is 1.2% of the 96,987 shares held after it.
  • 1 other insider sold within 30 days.
  • 859 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CHIEF OPERATING OFFICER Whittle John sold about $192.2K of FTNT under a 10b5-1 plan on Sep 14, 2026; 1 other insider sold within 30 days and 859 funds added in the latest 13F quarter.
Ohlgart Christiane
Chief Financial Officer
SELL
2026-08-04 SEC
387
$63.7K
+9.7%
Context
  • 9 earlier Form 4 trades (code P or S) here by this insider (9 sales), the last on May 20, 2026.
  • The trade is 3.7% of the 10,393 shares held after it.
  • 2 other insiders sold within 30 days.
  • 859 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer Ohlgart Christiane sold about $63.7K of FTNT on Aug 4, 2026; 2 other insiders sold within 30 days and 859 funds added in the latest 13F quarter.
444 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
See all insider buying · insider selling
Showing the latest few. to see 439 more transactions and use the screener and CSV export. We store only your email; there is no password.
Seven facts, ranked against the sector · Rank is not a forecast
Insiders
net -$79.9M over 180 days
-$36.2M over 90 days
below 88% of Tech Hardware
Congress
2 members bought in the last year
below 60% of Tech Hardware
Funds
859 funds bought in last quarter
more than 86% of Tech Hardware
Revenue
+14.2% year over year
more than 62% of Tech Hardware
Margin
27.3% net margin
more than 92% of Tech Hardware
Buybacks
$972.8M repurchased, FY to 2026-06-30
more than 79% of Tech Hardware
Short interest
2.0% of the float short (float per yahoo 2026-10-26) · 2.9 days to cover · settled 2026-09-30
below 65% of Tech Hardware
What changed in the last 30 days
Nothing new filed in the last 30 days

Watch FTNT

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+112.6%12M
-11%+36%+83%+130%2025-102025-122026-022026-042026-062026-082026-10 2026-02-02 · Xie Michael sold $16.7M2026-05-21 · Whittle John sold $11.1M2026-08-03 · Xie Ken sold $11.1M2026-02-02 · Xie Michael sold $10.5M2026-09-14 · Whittle John sold $8.7M2026-08-03 · Xie Ken sold $7.9M2026-02-02 · Xie Ken sold $7.7M2026-05-21 · Whittle John sold $7.1M2026-02-02 · Xie Ken sold $6.5M2026-06-02 · Xie Ken sold $5.8M2026-06-02 · Xie Ken sold $5.5M2025-11-03 · Xie Ken sold $5.3M2025-11-03 · Xie Ken sold $5.0M2025-11-03 · Xie Ken sold $3.5M2026-08-03 · Xie Ken sold $3.2M2026-08-03 · Xie Ken sold $2.9M2026-06-02 · Xie Ken sold $2.8M2026-06-02 · Xie Ken sold $2.7M2026-06-02 · Xie Ken sold $2.0M2026-06-02 · Xie Ken sold $1.9M2026-06-02 · Xie Ken sold $1.4M2026-06-02 · Xie Ken sold $1.3M2026-08-03 · Xie Ken sold $1.2M2026-02-02 · Xie Michael sold $777.2K2026-05-21 · Whittle John sold $546.2K2026-09-15 · Whittle John sold $478.4K2026-05-04 · Xie Ken sold $390.6K2026-06-03 · Xie Michael sold $342.5K2026-08-03 · Xie Michael sold $231.8K2026-09-14 · Whittle John sold $192.2K2026-05-04 · Xie Michael sold $180.7K2025-11-03 · Xie Michael sold $141.9K2026-08-03 · Xie Michael sold $131.2K2026-08-03 · Xie Michael sold $112.3K2025-11-03 · Xie Michael sold $105.2K2026-02-02 · Xie Ken sold $96.7K2026-05-14 · Ohlgart Christiane sold $90.7K2026-06-03 · Xie Michael sold $83.3K2026-05-07 · Ohlgart Christiane sold $83.2K2026-06-03 · Xie Michael sold $67.0K2026-08-04 · Ohlgart Christiane sold $63.7K2025-11-03 · Xie Michael sold $59.8K2026-09-24 · Margrit Christiane Ohlgart filed to sell $8.6K2026-09-14 · JOHN WHITTLE filed to sell $8.8M2026-08-04 · Margrit Christiane Ohlgart filed to sell $63.2K2026-08-03 · MICHAEL XIE filed to sell $505.4K2026-08-03 · KEN QING XIE filed to sell $26.2M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns FTNT: institutional holders (13F)

13F holdings, latest reported quarter
BlackRock, Inc.
62,242,221 sh
$9.6B
VANGUARD CAPITAL MANAGEMENT LLC
40,663,961 sh
$6.2B
STATE STREET CORP
29,630,652 sh
$4.6B
VANGUARD PORTFOLIO MANAGEMENT LLC
24,844,685 sh
$3.8B
Invesco Ltd.
24,621,016 sh
$3.8B

Congress trades in FTNT

STOCK Act disclosures, US House only, filed up to 45 days after the trade
Dan Newhouse
Sold 2026-07-10 · disclosed 7 days later
$1,001 - $15,000
Gilbert Cisneros
Sold 2026-04-14 · disclosed 24 days later
$1,001 - $15,000
Gilbert Cisneros
Bought 2026-03-13 · disclosed 25 days later
$1,001 - $15,000
Lisa McClain
Sold 2025-10-31 · disclosed 21 days later
$1,001 - $15,000
Lisa McClain
Bought 2025-10-30 · disclosed 22 days later
$1,001 - $15,000
All stocks members of Congress are buying · Every member's trades

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

FTNT planned insider sales (Form 144)

Notice of intent to sell, filed before any sale
Margrit Christiane Ohlgart
Filed 2026-09-24
$8.6K
JOHN WHITTLE
Filed 2026-09-14
$8.8M
Margrit Christiane Ohlgart
Filed 2026-08-04
$63.2K
MICHAEL XIE
Filed 2026-08-03
$505.4K
KEN QING XIE
Filed 2026-08-03
$26.2M

FTNT mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
First Trust Nasdaq Cybersecurity ETF
$1.2B position · as of 2026-06-30
8.8%
NORTHQUEST CAPITAL FUND INC
$768.1K position · as of 2026-06-30
6.5%
WisdomTree Cybersecurity Fund
$6.3M position · as of 2026-06-30
6.1%
Amplify Cybersecurity ETF
$138.8M position · as of 2026-06-30
5.4%
Inspire Capital Appreciation ETF
$4.3M position · as of 2026-05-31
4.9%
Tema Durable Quality ETF
$2.3M position · as of 2026-05-31
4.7%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Executive pay vs shareholder return · Ken Xie
CEO pay, headline and as actually paid, against the company's return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$11.5M
$1.1M
$5.7M
+167%
+158%
2024
$13.1M
$37.7M
$6.0M
+342%
+201%
2023
$16.3M
$21.5M
$6.6M
+174%
+121%
2022
$14.2M
-$15.2M
$4.5M
+129%
+33%
2021
$14.2M
$84.7M
$4.9M
+237%
+107%
Tagged by the company under SEC Item 402(v). Returns are cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $79.9M sold by insiders over 180 days, 859 funds added last quarter, 2 House member(s) bought in 12 months, disclosed weeks after the trade, $35.6M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Backtest this pattern Open the screener
Same sector, ranked by filing activity
Sector by SEC SIC code
DELLANETPANWVPLMSTXMSICIENFFIVQCOMWDCLITECSCO

FTNT financials

Revenue growth
+14.2%
XBRL, annual
Net margin
27.3%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$7.5B
four quarters, 2025-07-01 to 2026-06-30
Net margin, TTM
+28.2%
net income over revenue, 2025-07-01 to 2026-06-30
Free cash flow, TTM
$3.1B
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Debt to equity
0.32x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Cash flow to debt
6.83x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Return on equity
+117.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets
+19.7%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on invested capital
n/a
invested capital is zero or negative
Return on capital employed
+41.1%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
P/E, trailing
63.60x
close 2026-10-23 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
Enterprise value
$129.6B
market value at close 2026-10-23 on 2026-07-28 shares, plus long-term 2026-06-30 plus current 2026-06-30, minus cash 2026-06-30
FCF yield
+2.4%
TTM free cash flow over market value at close 2026-10-23
PEG, trailing
4.99x
P/E over trailing EPS growth of 13%: four quarters to 2026-06-30 against the four to 2025-06-30
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2025-122024-122023-122022-12
Revenue$6.8B$6.0B$5.3B$4.4B
Gross profit$5.5B$4.8B$4.1B$3.3B
Operating income$2.1B$1.8B$1.2B$969.6M
Net income$1.9B$1.7B$1.1B$857.3M
EPS (diluted)2.422.261.461.06
Operating cash flow$2.6B$2.3B$1.9B$1.7B
Cash$2.5B$2.9B$1.4B$1.7B
Long-term debt$496.6M$994.3M$992.3M$990.4M
Buybacks$2.3B$600.0K$1.5B$2.0B
SEC XBRL, fiscal years, as known on 2026-10-27

FTNT Stock Sonar score 6/7 axes

Find similar shapesCompare

FTNT ranks highest on profitability (91st percentile) and risk and compliance (72nd), and lowest on insider conviction (5th), among Tech Hardware peers.

ProfitHealthGrowthInsidersInstitutionsRisk
Profitability
91
Inputs
  • Return on equity+117.4% · 93 pct, sector of 77
  • Return on assets+19.7% · 88 pct, sector of 92
  • Return on invested capitalinvested capital is zero or negative
  • Return on capital employed+41.1% · 92 pct, sector of 72
Financial health
64
Inputs
  • Debt to equity0.32x · 37 pct, sector of 72
  • Cash flow to debt6.83x · 92 pct, sector of 63
Growth
66
Inputs
  • Revenue growth, YoY+14.2% · 62 pct, sector of 102
  • Backlog growth, YoY+16.4% · 70 pct, sector of 48
Insider conviction
5
Inputs
  • Net Form 4 buying (codes P and S), 180d-$70.5M · 9 pct, sector of 75
  • Insider buyers, 180d0 · 0 pct, sector of 77
Institutional and government
49
Inputs
  • Funds adding, latest quarter859 · 86 pct, sector of 89
  • Congress net buyers, 365d-1 · 11 pct, universe of 719
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quarters$340K · 50 pct, universe of 1,063
Risk and compliance
72
Inputs
  • Short interest, % of float+2.0% · 70 pct, sector of 105
  • Recalls per $1B revenue, 3ynot measured for this sector, almost no peer has an event
  • EPA cases per $1B revenue, 5ynot measured for this sector, almost no peer has an event
  • New text in Risk Factors, latest 10-K+8.0% · 75 pct, sector of 80
1 not measured: US patents
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

FTNT filings, in plain words

Are Fortinet insiders buying or selling FTNT?

In the 180 days to 2026-10-27, Fortinet insiders were net sellers, a net $79.9M across purchases and sales reported on Form 4, by 4 sellers.

Have members of Congress traded FTNT?

Yes. In the year to 2026-10-27, 2 House members disclosed buying FTNT and 3 House members disclosed selling it; the latest on record is a sale by Dan Newhouse dated 2026-07-10.

Are there planned insider sales of FTNT?

Yes. 5 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $35.6M of stock; the latest, by Margrit Christiane Ohlgart, was filed 2026-09-24.

Read the full summary

In the 180 days to 2026-10-27, Fortinet insiders were net sellers of FTNT, a net $79.9M across purchases and sales reported on Form 4 by 4 sellers. 9% of the 44 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. In the year to 2026-10-27, 2 members of Congress disclosed buying FTNT and 3 members disclosed selling it; the latest on record is a sale by Dan Newhouse dated 2026-07-10. Insiders filed 5 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $35.6M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.

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