Analyst Activity – Oppenheimer Raises Its Price Target On Fortinet (NASDAQ:FTNT) to $55.00

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Analyst Ratings For Fortinet (NASDAQ:FTNT)

Today, Oppenheimer raised its price target on Fortinet (NASDAQ:FTNT) to $55.00 per share.

Some recent analyst ratings include

  • 2/28/2018-Credit Suisse Group Reiterated Rating of Sell.
  • 2/28/2018-Piper Jaffray Companies Reiterated Rating of Overweight.

Recent Insider Trading Activity For Fortinet (NASDAQ:FTNT)
Fortinet (NASDAQ:FTNT) has insider ownership of 17.00% and institutional ownership of 68.72%.

  • On 2/15/2018 John Whittle, VP, sold 679 with an average share price of $48.69 per share and the total transaction amounting to $33,060.51.
  • On 2/12/2018 Christopher B Paisley, Director, sold 4,000 with an average share price of $46.71 per share and the total transaction amounting to $186,840.00.
  • On 2/12/2018 John Whittle, VP, sold 29,946 with an average share price of $47.00 per share and the total transaction amounting to $1,407,462.00.
  • On 2/8/2018 Ken Xie, CEO, sold 89,423 with an average share price of $45.08 per share and the total transaction amounting to $4,031,188.84.
  • On 2/5/2018 John Whittle, VP, sold 11,728 with an average share price of $44.81 per share and the total transaction amounting to $525,531.68.
  • On 2/2/2018 Michael Xie, VP, sold 19,790 with an average share price of $45.30 per share and the total transaction amounting to $896,487.00.
  • On 12/19/2017 John Whittle, VP, sold 13,749 with an average share price of $45.00 per share and the total transaction amounting to $618,705.00.

Recent Trading Activity for Fortinet (NASDAQ:FTNT)
Shares of Fortinet closed the previous trading session at 50.82 up +0.87 1.74% with shares trading hands.