Fortinet Inc (NASDAQ: FTNT) kicked off on Monday, up 2.36% from the previous trading day, before settling in for the closing price of $106.18. Over the past 52 weeks, FTNT has traded in a range of $54.57-$114.82.
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During the last 5-year period, the sales growth of Technology Sector giant was 22.66%. While this was happening, its average annual earnings per share was recorded 3.21%. With a float of $638.47 million, this company’s outstanding shares have now reached $767.00 million.
Let’s determine the extent of company efficiency that accounts for 14138 employees. In terms of profitability, gross margin is 80.56%, operating margin of 30.24%, and the pretax margin is 34.56%.
Fortinet Inc (FTNT) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Fortinet Inc is 16.97%, while institutional ownership is 69.15%. The most recent insider transaction that took place on May 02 ’25, was worth 376,274. In this transaction VP, ENGINEERING & CTO of this company sold 3,546 shares at a rate of $106.11, taking the stock ownership to the 11,000,068 shares. Before that another transaction happened on May 02 ’25, when Company’s PRESIDENT & CEO sold 158,488 for $106.10, making the entire transaction worth $16,814,799. This insider now owns 51,391,879 shares in total.
Fortinet Inc (FTNT) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 3.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.34% during the next five years compared to 42.92% growth over the previous five years of trading.
Fortinet Inc (NASDAQ: FTNT) Trading Performance Indicators
Take a look at Fortinet Inc’s (FTNT) current performance indicators. Last quarter, stock had a quick ratio of 1.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.03. Likewise, its price to free cash flow for the trailing twelve months is 44.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.26, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.76 in one year’s time.
Technical Analysis of Fortinet Inc (FTNT)
Looking closely at Fortinet Inc (NASDAQ: FTNT), its last 5-days average volume was 4.38 million, which is a drop from its year-to-date volume of 4.87 million. As of the previous 9 days, the stock’s Stochastic %D was 92.51%. Additionally, its Average True Range was 3.85.
During the past 100 days, Fortinet Inc’s (FTNT) raw stochastic average was set at 81.49%, which indicates a significant decrease from 96.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.85% in the past 14 days, which was lower than the 39.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.47, while its 200-day Moving Average is $88.86. However, in the short run, Fortinet Inc’s stock first resistance to watch stands at $110.53. Second resistance stands at $112.36. The third major resistance level sits at $115.40. If the price goes on to break the first support level at $105.66, it is likely to go to the next support level at $102.62. Should the price break the second support level, the third support level stands at $100.79.
Fortinet Inc (NASDAQ: FTNT) Key Stats
The company with the Market Capitalisation of 83.58 billion has total of 764,713K Shares Outstanding. Its annual sales at the moment are 5,956 M in contrast with the sum of 1,745 M annual income. Company’s last quarter sales were recorded 1,660 M and last quarter income was 526,200 K.