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Ossiam Increases Stake in Fortinet, Inc. $FTNT
Ossiam increased its stake in Fortinet, Inc. (NASDAQ:FTNT) by 2.1% in the third quarter, holding 713,005 shares valued at $59,949,000. Other institutional investors like Vanguard Group Inc., Van ECK Associates Corp, First Trust Advisors LP, and Invesco Ltd. also increased their positions. Despite insider sales by VP Michael Xie and CEO Ken Xie, the company reported strong Q3 earnings, beating analyst estimates with revenue up 14.8% year-over-year.