Integrated Advisors Network LLC significantly increased its stake in Fortinet, Inc. (NASDAQ:FTNT) by 22.3% in the third quarter, bringing their total holdings to 99,298 shares valued at $8.35 million. Several other institutional investors also adjusted their positions in the cybersecurity company, which analysts currently have an average “Hold” rating and a consensus price target of $89.42. Additionally, Fortinet’s VP Michael Xie and CEO Ken Xie sold a substantial number of shares in insider transactions in early February.
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Integrated Advisors Network LLC Has $8.35 Million Stock Holdings in Fortinet, Inc. $FTNT
Integrated Advisors Network LLC significantly increased its stake in Fortinet, Inc. (NASDAQ:FTNT) by 22.3% in the third quarter, bringing their total holdings to 99,298 shares valued at $8.35 million. Several other institutional investors also adjusted their positions in the cybersecurity company, which analysts currently have an average “Hold” rating and a consensus price target of $89.42. Additionally, Fortinet’s VP Michael Xie and CEO Ken Xie sold a substantial number of shares in insider transactions in early February.