Fortinet Inc. saw its shares surge 12.33% in premarket trading following the release of robust first-quarter earnings that significantly beat Wall Street expectations and included an upward revision to its full-year outlook. The cybersecurity giant reported adjusted earnings of $0.82 per share, which exceeded analyst...
Fortinet (FTNT) reported first-quarter earnings of $0.82 per share, significantly beating the Zacks Consensus Estimate of $0.61 per share and representing a positive earnings surprise of approximately 33.5%. This performance aligns with the company's track record of surpassing EPS estimates in each of the previous...
Fortinet (FTNT) shares have rallied sharply, gaining approximately 12% over the past month and 78% over the last three months. The company reported annual revenue of US$7.1 billion and net income of US$1.9 billion, with a current share price of US$144.73 reflecting strong long-term performance...
Fulcrum Capital LLC increased its stake in Fortinet, Inc. (NASDAQ:FTNT) by 21.2% in the first quarter, acquiring an additional 30,486 shares to hold a total of 174,592 shares valued at $14.268 million. This position represents 3.1% of Fulcrum's portfolio and ranks as its ninth-largest holding....
Institutional investors have made significant adjustments to their positions in Fortinet, Inc. (NASDAQ: FTNT) during the first and fourth quarters of 2026. Janney Montgomery Scott LLC reduced its stake by 7.0%, selling over 5,000 shares, while several other firms increased exposure. Notably, Thrivent Financial for...
