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Evergreen Private Wealth LLC Increases Stock Holdings in Fortinet, Inc. $FTNT
Evergreen Private Wealth LLC significantly increased its stake in Fortinet, Inc. by 72% in Q4, acquiring an additional 18,291 shares to hold 43,703 shares valued at $3.47 million. This increase comes as Fortinet surpassed Q4 earnings and revenue estimates and provided strong guidance for Q1 and FY 2026. Despite positive financial performance and several analyst upgrades, the stock maintains a consensus “Hold” rating with an average target price of $87.04, while institutional ownership stands at 83.7% and company insiders recently sold off substantial positions.