| 2024-11-18 | -2.46 % |
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| 2024-11-15 | -0.28 % |
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| 2024-11-13 | -1.28 % |
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| 2024-11-08 | +9.99 % |
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| 2024-11-07 | +3.47 % |
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| 2024-11-05 | -1.17 % |
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| 2024-11-01 | +0.18 % |
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| 2024-10-31 | -0.1 % |
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| 2024-10-29 | -1.72 % |
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| 2024-10-28 | +0.52 % |
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| 2024-10-25 | -0.35 % |
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| 2024-10-24 | +0.31 % |
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| 2024-10-23 | -2.51 % |
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| 2024-10-22 | +0.48 % |
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| 2024-10-21 | +1.21 % |
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| 2024-10-17 | -1.53 % |
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| 2024-10-16 | -0.63 % |
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| 2024-10-15 | -0.23 % |
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| 2024-10-14 | -0.05 % |
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| 2024-10-11 | +0.47 % |
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| 2024-10-10 | +2.67 % |
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| 2024-10-09 | +3.28 % |
- Fortinet (FTNT) stock rose by 3.28% due to an increase in institutional investment, with Barlow Wealth Partners and several other firms boosting their holdings during the third quarter, alongside positive earnings results that exceeded analysts' expectations.
- The article reports that Fortinet (FTNT) stock rose by 3.28%, despite Country Trust Bank reducing its holdings in the company by 14.3% during the third quarter. The increase in Fortinet's stock could be attributed to overall market trends, positive investor sentiment, or performance expectations, but specific reasons for the rise are not detailed in the summary provided.
- Fortinet's stock (NASDAQ:FTNT) rose 3.28% to a new 52-week high following Barclays' increase of its price target from $74.00 to $85.00, which reflects positive analyst sentiment regarding the company's growth potential.
- Fortinet (FTNT) stock rose 3.28% due to increased institutional investment, including significant purchases by firms such as Kesler Norman & Wride LLC and Price T Rowe Associates, alongside positive earnings reports and price target increases from multiple equity research analysts.
- Fortinet (FTNT) stock rose 3.28% following an increase in its price target by TD Cowen from $75.00 to $90.00, indicating strong confidence from analysts in the company's growth potential.
- Fortinet (FTNT) stock rose 3.28% following TD Cowen's upgrade of its target price from $75.00 to $90.00, indicating a positive outlook and bullish sentiment towards the company.
- Fortinet (FTNT) stock rose by 3.28% following a UBS report that highlighted its strong performance and ranking among top U.S. growth companies, attributed to the company's explosive growth since the pandemic and its recent acquisition of an AI cloud security firm.
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| 2024-10-07 | -0.68 % |
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| 2024-10-03 | -0.79 % |
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| 2024-10-02 | +1.44 % |
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| 2024-10-01 | -1.37 % |
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| 2024-09-27 | +0.31 % |
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| 2024-09-26 | +0.78 % |
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| 2024-09-25 | -1.1 % |
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| 2024-09-24 | +0.03 % |
- Fortinet (FTNT) stock rose by 0.03% to a new 52-week high of $78.18 due to positive earnings results that surpassed analysts' expectations, recent upgrades in target price by major brokerages, and a generally favorable market perception towards the company's performance in the cybersecurity sector.
- Fortinet (FTNT) stock increased by 0.03% following significant institutional investments, including a new acquisition of 273,281 shares by Distillate Capital Partners, indicating investor confidence in the company's financial performance and future growth potential.
- Fortinet (FTNT) stock rose by 0.03% following a significant increase in holdings by Marshall Wace LLP, which boosted its stake by 198.5% during the second quarter, indicating strong institutional investment interest in the company.
- Fortinet (FTNT) stock rose by 0.03% as a result of significant institutional investment increases and favorable analyst ratings, which indicate confidence in the company's financial performance and growth potential.
- Fortinet (FTNT) stock experienced a slight increase of 0.03% following a significant investment by Frank Rimerman Advisors LLC, which raised its holdings in the company by 37,340.0% during the second quarter.
The rise in Fortinet's stock can be attributed to increased investor confidence, as evidenced by the substantial increase in holdings from a prominent advisory firm.
- Fortinet (FTNT) stock experienced a 0.03% increase due to the recent cybersecurity incident involving CrowdStrike, which highlighted the need for reliable cybersecurity solutions and possibly drove investors toward Fortinet as a more stable option within the sector.
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| 2024-09-20 | +1.48 % |
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| 2024-09-18 | -1.23 % |
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| 2024-09-16 | +1.77 % |
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| 2024-09-13 | +0.7 % |
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| 2024-09-11 | +0.75 % |
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| 2024-09-10 | +1.29 % |
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| 2024-09-09 | -0.08 % |
- Fortinet (FTNT) stock declined by 0.08% likely due to a combination of insider selling, mixed analyst ratings, and broader market sentiment, despite the company reporting strong earnings and revenue growth.
- Fortinet (FTNT) stock decreased by 0.08%, likely due to mixed analyst ratings, recent insider sales, and the prevailing market sentiment despite positive financial results, indicating concerns about valuation or broader market conditions.
- Fortinet (FTNT) stock experienced a slight decline of -0.08% as investors assess the company's high return on capital employed (33%) amidst increasing reliance on short-term creditors, which may have contributed to market caution.
- Fortinet (FTNT) stock declined by 0.08%, primarily due to a negative sentiment in the market concerning revenue slowdown expectations, which has affected the overall cloud security sector, despite its peers performing well.
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| 2024-09-05 | -1.39 % |
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| 2024-09-04 | -0.34 % |
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| 2024-09-03 | +0.55 % |
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| 2024-08-30 | +0.58 % |
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| 2024-08-15 | +0.84 % |
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| 2024-08-14 | +1.8 % |
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| 2024-08-12 | +0.96 % |
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| 2024-08-09 | +1.47 % |
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| 2024-08-08 | -1.79 % |
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| 2024-08-07 | +25.3 % |
- Fortinet (FTNT) stock surged 25.3% following RBC Capital's positive adjustment of its price target to $72.00, driven by encouraging quarterly financial results, a record operating margin, and optimistic outlooks for billing growth.
The stock's rise can be attributed to RBC Capital's bullish assessment after Fortinet’s quarterly update showed promising financial metrics and expectations for improved billings, coupled with upcoming strategic insights slated for November and strong market developments through recent acquisitions.
- Fortinet's (FTNT) stock surged 25.3% after the cybersecurity company exceeded earnings and revenue expectations while raising its guidance, driven by strong sales in its services segment.
- Fortinet (FTNT) stock surged 25.3% after the company reported better-than-expected sales and profits for the second quarter, driven by increases in services revenue, record operating margins, and optimistic guidance for the current quarter.
- Fortinet (FTNT) stock rose 25.3% following the company's raised full-year revenue outlook and better-than-expected quarterly results, driven by increased spending from enterprise customers on cybersecurity measures amidst a trend of shifting operations to cloud platforms, complemented by recent strategic acquisitions.
- Fortinet (FTNT) stock surged 25.3% after the company reported second-quarter earnings and revenue that exceeded Wall Street expectations, driven by strong operating margins and better-than-expected billings, despite a flat year-over-year growth in billings.
- Fortinet (FTNT) stock surged 25.3% due to a rebound in the overall stock market following the Bank of Japan's decision to maintain interest rates amid market instability, which helped lift investor sentiment and allowed Fortinet to break above key levels after hitting a recent low.
- Fortinet (FTNT) stock rose 25.3% to $69.93 following strong financial results that exceeded sales and profit forecasts, reflected in a record quarterly operating margin and an optimistic outlook for future earnings.
The increase in Fortinet's stock price was driven by higher-than-expected revenue and earnings per share, substantial growth in higher-margin service revenue, and a promising position in the growing Secure Access Service Edge (SASE) market.
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| 2024-08-06 | +0.76 % |
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| 2024-08-05 | -1.98 % |
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| 2024-08-02 | -1.21 % |
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| 2024-07-25 | +1.18 % |
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| 2024-07-22 | -0.05 % |
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| 2024-07-19 | +0.6 % |
- Fortinet (FTNT) stock was up by 0.6% last night, and the main reason for this increase can be attributed to a major IT outage caused by a program update from cybersecurity firm CrowdStrike, affecting various sectors, including airlines, banks, hospitals, and more. CrowdStrike (CRWD) stock tumbled due to the outage, creating opportunities for competitors like Fortinet (FTNT), Check Point (CHKP), and Cisco (CSCO) to see indirect boosts, according to analysts.
- The article discusses Fortinet (FTNT) stock being up by 0.6% and explains that its rise was likely due to a global IT disruption caused by CrowdStrike, leading to fortinet's rivals such as Palo Alto Networks (PANW) and especially SentinelOne (S) rising.
- Summary: Fortinet (FTNT) stock was up by 0.6% following a global tech outage impacting various industries due to a software issue at cybersecurity firm CrowdStrike, one of its competitors.
Reason for Fortinet (FTNT) stock increase: Fortinet's stock likely went up due to the decrease in the stock price of CrowdStrike after a software issue impacted several industries, highlighting Fortinet's relative stability as a cybersecurity firm in the market, causing investors to shift towards it.
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| 2024-07-18 | -1.66 % |
- Article Summary: Fortinet (FTNT) stock experienced a -1.66% decrease after a research report was released by Morgan Stanley lowering the target price from $73.00 to $69.00, while maintaining an overweight rating on the software maker's stock. The stock's price decrease could be attributed to multiple analysts lowering their price targets, including Royal Bank of Canada, Barclays, and Piper Sandler, resulting in various ratings ranging from sell to buy. Additionally, Fortinet's CEO and VP sold significant amounts of company stock, and institutional investors have made modifications to their holdings.
Reason for Fortinet (FTNT) Stock Decline: The target price reduction by Morgan Stanley and other analysts, as well as the selling of company stock by the CEO and VP, likely contributed to the decline in Fortinet's stock price.
- The article discusses how Fortinet (FTNT) stock experienced a -1.66% decrease following an analyst upgrade from TD Cowen to a "buy" rating, providing a $75.00 price target, but also mentioning other recent analyst reports that lowered price targets, leading to the stock decline. The downgrade could be due to various factors, such as concerns about the company's financial performance, industry conditions, or market volatility.
- Fortinet (FTNT) stock was down -1.66% on Thursday after TD Cowen upgraded the stock to Buy with a price target of $75. The stock went down due to a modest shortfall in billings and a lower billings forecast for the second quarter, despite positive outlook based on factors like solid channel checks, ongoing OT upgrade cycle, SASE adoption, and Gen-AI technology growth.
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| 2024-07-17 | -0.62 % |
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| 2024-07-16 | -0.7 % |
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| 2024-07-15 | +0.59 % |
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| 2024-07-12 | +1.29 % |
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| 2024-07-11 | -1.34 % |
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| 2024-07-09 | +0.28 % |
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| 2024-07-03 | -0.46 % |
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| 2024-07-02 | +1.94 % |
- The article discusses how Fortinet (FTNT) stock, which was up 1.94% last night, has been underperforming compared to its peers and benchmark indexes, with potential reasons for the recent increase attributed to market dynamics, earnings reports, or other external factors.
- The article discusses Oak Thistle LLC's acquisition of a new position in Fortinet, Inc. (NASDAQ:FTNT) in the first quarter, which contributed to the stock being up 1.94% last night. The stock went up due to the increased holdings by institutional investors and large investors, such as TFO Wealth Partners LLC, Cito Capital Group LLC, Vontobel Holding Ltd., Harel Insurance Investments & Financial Services Ltd., and LGT Group Foundation, as well as positive earnings results in the last quarter.
- Fortinet (FTNT) stock rose by 1.94% last night after Eagle Capital Management LLC and other institutional investors increased their stakes in the company, with the stock being upgraded from a "hold" to a "buy" rating by StockNews.com and various analysts. This increase in investor confidence and positive ratings likely led to the stock's rise.
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| 2024-07-01 | -0.7 % |
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| 2024-06-28 | +0.38 % |
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| 2024-06-27 | +3.32 % |
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| 2024-06-26 | -0.99 % |
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| 2024-06-25 | +0.7 % |
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| 2024-06-21 | +1.07 % |
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| 2024-06-20 | -2.05 % |
- The article discusses how institutional investors have been increasing their holdings in Fortinet, Inc. (FTNT) stock, with GAMMA Investing LLC boosting its stake by 26.9% in the first quarter of 2024; however, the stock was down by -2.05% last night. The stock may have gone down due to a combination of factors such as market conditions, overall investor sentiment, or specific news related to the company.
- The article discusses Los Angeles Capital Management LLC's decrease in position in Fortinet, Inc. (FTNT) by 32.7% during the first quarter, leading to a 2.05% decrease in the FTNT stock; this decline was likely due to institutional investors selling off shares, as indicated by the reduction in the software maker's stock holdings by Los Angeles Capital Management LLC.
- The article discusses how institutional investors like Nomura Holdings Inc. are increasing their positions in Fortinet, Inc. (NASDAQ:FTNT), with recent acquisitions boosting their holdings and valuation of the stock up to $1.665 million, but despite this positive news, Fortinet's stock experienced a 2.05% decline likely due to market factors and analyst reports reducing price targets and ratings on the stock.
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| 2024-06-18 | -2.87 % |
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| 2024-06-14 | +0.91 % |
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| 2024-06-11 | -0.58 % |
- The article discusses Envestnet Asset Management Inc. reducing its holdings in Fortinet, Inc. (FTNT) by 52.2%, leading to the stock declining by -0.58%, as various other institutional investors also modified their holdings, while analysts gave mixed ratings on the stock, with some lowering price targets, attributing the stock decrease to these factors.
- The article discusses how Fortinet (FTNT) stock was down by -0.58% and includes a report reaffirming a "buy" rating with a price target of $85.00 by Rosenblatt Securities, attributing the stock decrease to various analyst reports that have either reduced price targets or given neutral ratings on the company.
- The article discusses Personal CFO Solutions LLC's increased stake in Fortinet, Inc. (NASDAQ: FTNT) and various other institutional investors' positions in FTNT, resulting in the stock price going down by -0.58% due to lower price targets from brokerages such as Wells Fargo, Royal Bank of Canada, and others, alongside insider selling activities, including CEO Ken Xie selling shares, and ratings indicating a "Hold" status with an average target price of $70.10.
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| 2024-06-10 | +0.62 % |
- The article discusses various tech news topics like HPE launching Aruba Networking Enterprise Private 5G, Cisco's investments in AI, Alkira's Series C funding, and other industry updates, including Fortinet's stock being up 0.62% last night. Fortinet's stock might have gone up due to positive market sentiment, company announcements, financial results, or other external factors.
- The article discusses Fortinet's acquisition of Lacework, a cloud security company, and the intention to integrate Lacework's AI-powered cloud security platform into Fortinet's Unified SASE offering, leading to a 0.62% increase in Fortinet (FTNT) stock. The stock likely went up due to the positive market response to Fortinet expanding its cybersecurity solutions through this acquisition.
- The article reports on Fortinet, Inc. (NASDAQ:FTNT) stock being up by 0.62% last night; the stock increased likely due to institutional investors buying shares of the company and positive quarterly earnings report, with CEO Ken Xie and VP Michael Xie also selling considerable amounts of company stock, amidst various analysts providing differing ratings on the stock.
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| 2024-06-07 | -0.05 % |
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| 2024-06-06 | +0.07 % |
- Fortinet (FTNT) stock went up by 0.07% recently, likely due to increased confidence in the company's future prospects following a significant share purchase by a board member, positive financial indicators like high gross profit margin and strong management of share count, and analyst optimism despite challenges in the cybersecurity market and adjustments to price targets.
- The article provides an overview of Fortinet, Inc. (NASDAQ:FTNT) Chief Financial Officer Jensen Keith's recent stock transactions, where he sold a considerable number of shares, as well as acquired shares through option exercises. Despite Keith's stock sell-offs, Fortinet's stock saw a slight increase of 0.07%, reflecting investors' interest in the company's strong financial position, including a solid balance sheet with more cash than debt, and management's confidence demonstrated through aggressive share buybacks.
- The article mentions that last night, the Fortinet (FTNT) stock was up by 0.07%, and the reason for the stock's increase could be attributed to Belpointe Asset Management LLC growing its holdings in Fortinet by 52.4% in the fourth quarter, along with other institutional investors modifying their positions in the company.
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| 2024-06-04 | -0.27 % |
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| 2024-05-31 | +2.28 % |
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| 2024-05-30 | -2.9 % |
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| 2024-05-29 | +0.47 % |
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| 2024-05-28 | -3.1 % |
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| 2024-05-24 | +0.69 % |
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| 2024-05-23 | -1.04 % |
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| 2024-05-22 | +0.42 % |
- The article discusses Fortinet, Inc. (NASDAQ:FTNT) stock being up by 0.42% as of last night, with Great Lakes Advisors LLC reducing its position in the company and other institutional investors making moves. The stock's increase may be attributed to recent positive earnings results, with the company reporting higher earnings per share, beating analyst estimates, and showing an increase in revenue. Additionally, there have been insider stock sales by company executives. The increase in institutional holdings and positive performance indicators could have contributed to the uptick in the stock price.
- The article discusses how Panagora Asset Management Inc. reduced its position in Fortinet, Inc. (NASDAQ:FTNT) stock by 94.4% in the fourth quarter, alongside updates on other institutional investors' positions, the company's recent earnings announcement, stock performance, and insider selling activities. Fortinet's stock went up by 0.42% last night, and this increase could be due to positive quarterly earnings results that beat analysts' expectations.
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| 2024-05-21 | -1.65 % |
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| 2024-05-20 | +1.48 % |
- The article discusses Arqit, a cybersecurity firm that reported modest revenue but expects growth due to strong renewal rates, new contracts in government and telecom sectors, partnership with Intel, positive feedback on encryption products, and the increasing demand for post-quantum cryptographic solutions, leading to potential revenue growth in the latter half of fiscal year 2024. The stock of Arqit(ARQQ) has been trading near its 52-week low, signifying potential for investors who believe in its long-term prospects, even though profitability is not expected this year. The company's strategic moves and financial stability, indicated by holding more cash than debt, position it for growth despite being in an early stage in the cybersecurity market.
- The article discusses Independent Advisor Alliance's reduction in stake in Fortinet, Inc. (FTNT), with various institutional investors buying and selling shares, leading to a 1.48% increase in FTNT stock. The stock went up possibly due to positive quarterly earnings, beating consensus estimates and a rise in revenue, as well as recent insider selling activities.
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