Wednesday, February 13, 2019

Fortinet Inc (FTNT) President & CEO Ken Xie Sold $6.5 million of Shares

President & CEO of Fortinet Inc (NASDAQ:FTNT) Ken Xie sold 80,000 shares of FTNT on 02/11/2019 at an average price of $81.64 a share. The total sale was $6.5 million.

Fortinet Inc software solutions provider. The company develops and sells a portfolio of security software products which includes firewall, threat detection, WLAN and switching, application security, identity and access management. Fortinet Inc has a market cap of $14.16 billion; its shares were traded at around $83.13 with a P/E ratio of 43.97 and P/S ratio of 8.06. Fortinet Inc had annual average EBITDA growth of 15.70% over the past ten years. GuruFocus rated Fortinet Inc the business predictability rank of 3-star.

CEO Recent Trades:

President & CEO Ken Xie sold 80,000 shares of FTNT stock on 02/11/2019 at the average price of $81.64. The price of the stock has increased by 1.83% since.

Directors and Officers Recent Trades:

VP, Engineering & CTO Michael Xie sold 9,124 shares of FTNT stock on 02/11/2019 at the average price of $81.54. The price of the stock has increased by 1.95% since.VP, Engineering & CTO Michael Xie sold 30,000 shares of FTNT stock on 02/04/2019 at the average price of $79.95. The price of the stock has increased by 3.98% since.VP Corp Dev&Strat Alliance,GC John Whittle sold 7,768 shares of FTNT stock on 02/04/2019 at the average price of $79.69. The price of the stock has increased by 4.32% since.

For the complete insider trading history of FTNT, click here

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