Analyst Downgrades – Fortinet (NASDAQ:FTNT) Stock Gets Downgraded By Deutsche Bank from Buy to Hold

ME Staff
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Analyst Ratings For Fortinet (NASDAQ:FTNT)

Today, Fortinet (NASDAQ:FTNT) stock was downgraded by Deutsche Bank from Buy to Hold.

Some recent analyst ratings include

  • 1/23/2018-Deutsche Bank was Downgraded by analysts at Deutsche Bank from a “Buy ” rating to a ” Hold” rating.
  • 1/19/2018-Monness Crespi & Hardt Reiterated Rating of Buy .
  • 1/9/2018-Barclays was Downgraded by analysts at Barclays from a “Overweight ” rating to a ” Equal Weight” rating. They now have a $48.00 price target on the stock, up previously from $45.00 .
  • 12/12/2017-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Overweight ” rating to a ” Neutral” rating. They now have a $50.00 price target on the stock.

Recent Insider Trading Activity For Fortinet (NASDAQ:FTNT)
Fortinet (NASDAQ:FTNT) has insider ownership of 17.00% and institutional ownership of 70.69%.

  • 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.
  • On 12/1/2017 Michael Xie, VP, sold 40,000 with an average share price of $41.95 per share and the total transaction amounting to $1,678,000.00.
  • On 11/20/2017 Ming Hsieh, Director, sold 331 with an average share price of $40.41 per share and the total transaction amounting to $13,375.71.
  • On 11/15/2017 Keith Jensen, Insider, sold 625 with an average share price of $39.63 per share and the total transaction amounting to $24,768.75.
  • On 11/13/2017 Christopher B Paisley, Director, sold 4,000 with an average share price of $40.02 per share and the total transaction amounting to $160,080.00.
  • On 11/9/2017 Ming Hsieh, Director, sold 5,332 with an average share price of $39.64 per share and the total transaction amounting to $211,360.48.
  • On 11/8/2017 John Whittle, VP, sold 3,883 with an average share price of $40.00 per share and the total transaction amounting to $155,320.00.

Recent Trading Activity for Fortinet (NASDAQ:FTNT)
Shares of Fortinet closed the previous trading session at 44.17 down -1.68 3.66% with shares trading hands.