Analyst Activity – Piper Jaffray Companies Reiterates Buy on Fortinet (NASDAQ:FTNT)

ME Staff
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Analyst Ratings For Fortinet (NASDAQ:FTNT)

Today, Piper Jaffray Companies reiterated its Buy rating on Fortinet (NASDAQ:FTNT) with a price target of $46.00.

There are 1 sell rating, 4 hold ratings, 15 buy ratings on the stock.

The current consensus rating on Fortinet (NASDAQ:FTNT) is Buy (Score: 2.70) with a consensus target price of $43.22 per share, a potential 7.79% upside.

Some recent analyst ratings include

  • 10/27/2017-Piper Jaffray Companies Reiterated Rating of Buy.
  • 10/27/2017-Evercore ISI Reiterated Rating of Hold.
  • 10/24/2017-KeyCorp Reiterated Rating of Buy.
  • 10/18/2017-Deutsche Bank AG Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 10/5/2017-Oppenheimer Holdings, Inc. Reiterated Rating of Buy.
  • 10/5/2017-BMO Capital Markets Reiterated Rating of Buy.
  • 9/12/2017-Stifel Nicolaus Reiterated Rating of Hold.

Recent Insider Trading Activity For Fortinet (NASDAQ:FTNT)
Fortinet (NASDAQ:FTNT) has insider ownership of 16.40% and institutional ownership of 69.18%.

  • On 8/22/2017 Keith Jensen, Insider, sold 667 with an average share price of $37.03 per share and the total transaction amounting to $24,699.01. View SEC Filing
  • On 8/9/2017 Keith Jensen, Insider, sold 1,850 with an average share price of $36.47 per share and the total transaction amounting to $67,469.50. View SEC Filing
  • On 8/8/2017 Keith Jensen, CAO, sold 950 with an average share price of $36.67 per share and the total transaction amounting to $34,836.50. View SEC Filing
  • On 8/2/2017 Christopher B Paisley, Director, sold 4,000 with an average share price of $36.39 per share and the total transaction amounting to $145,560.00. View SEC Filing
  • On 8/2/2017 John Whittle, VP, sold 2,091 with an average share price of $36.27 per share and the total transaction amounting to $75,840.57. View SEC Filing
  • On 6/8/2017 Ming Hsieh, Director, sold 4,743 with an average share price of $39.29 per share and the total transaction amounting to $186,352.47. View SEC Filing
  • On 5/17/2017 Keith Jensen, Insider, sold 624 with an average share price of $40.73 per share and the total transaction amounting to $25,415.52. View SEC Filing

Recent Trading Activity for Fortinet (NASDAQ:FTNT)
Shares of Fortinet closed the previous trading session at with shares trading hands.