$200,000 of FORTINET INC. lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Cybersecurity and network security generally. Secure software development industry best practices including Secure by Design and Secure by Default. Responsible vulnerability disclosure. Cybersecurity skills gap, cyber workforce development, and security awareness training; H.R.9770 - Cyber PIVOTT Act."
You can find more data on corporate lobbying on Quiver Quantitative.
FTNT Insider Trading Activity
FTNT insiders have traded $FTNT stock on the open market 51 times in the past 6 months. Of those trades, 2 have been purchases and 49 have been sales.
Here’s a breakdown of recent trading of $FTNT stock by insiders over the last 6 months:
- KEN XIE (PRESIDENT & CEO) has made 0 purchases and 30 sales selling 278,825 shares for an estimated $24,031,680.
- JOHN WHITTLE (CHIEF OPERATING OFFICER) has made 0 purchases and 3 sales selling 141,820 shares for an estimated $11,064,440.
- KEITH JENSEN (Chief Financial Officer) has made 0 purchases and 12 sales selling 94,840 shares for an estimated $8,141,940.
- MICHAEL XIE (VP, ENGINEERING & CTO) has made 0 purchases and 4 sales selling 49,424 shares for an estimated $3,335,590.
- WILLIAM H. NEUKOM has made 2 purchases buying 814 shares for an estimated $69,934 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
FTNT Hedge Fund Activity
We have seen 590 institutional investors add shares of FTNT stock to their portfolio, and 469 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ removed 16,906,341 shares (-58.3%) from their portfolio in Q3 2024, for an estimated $1,311,086,744
- D. E. SHAW & CO., INC. added 4,136,381 shares (+205.6%) to their portfolio in Q3 2024, for an estimated $320,776,346
- MARSHALL WACE, LLP removed 3,479,120 shares (-55.8%) from their portfolio in Q3 2024, for an estimated $269,805,756
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 3,231,567 shares (-75.5%) from their portfolio in Q3 2024, for an estimated $250,608,020
- FMR LLC added 2,705,767 shares (+276.3%) to their portfolio in Q3 2024, for an estimated $209,832,230
- VAN ECK ASSOCIATES CORP removed 2,594,324 shares (-45.1%) from their portfolio in Q3 2024, for an estimated $201,189,826
- BARCLAYS PLC removed 2,360,730 shares (-25.7%) from their portfolio in Q3 2024, for an estimated $183,074,611
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
