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Fortinet (NASDAQ:FTNT) Stock, Insider Trading Activity
Fortinet: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are Fortinet Inc Insiders Doing?
At Fortinet Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 24.25K shares worth $2.70M, meanwhile, insiders have report no purchases in the last 30 days.
Notable Recent Insider Buys and Sales
- On September 9, 2024, WILLIAM NEUKOM, the company's - purchased 459 shares for $76.18 each.
- On November 20, 2024, Keith Jensen, the company's CHIEF FINANCIAL OFFICER sold 4.25K shares for $90.83 each.
- On November 5, 2024, Michael Xie, the company's VP, ENGINEERING & CTO sold 20K shares for $78.85 each.
Ownership Statistics for Fortinet Inc
Shares Outstanding
766.453M
Insider Shares Owned
60.373M
Insider Percentage Owned
7.89%
Institutional Shares Held
331.722M
Institutional Percentage Held
43.4%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
Browse insider trades on all stocks.