After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
FTNT belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of Fortinet Inc is $73.61B. A total of 4.69 million shares were traded on the day, compared to an average of 4.51M shares.
In the most recent transaction, Xie Ken sold 22,916 shares of FTNT for 97.93 per share on Dec 17 ’24. After the transaction, the PRESIDENT & CEO now owns 48,983,683 company shares. In a previous transaction on Dec 18 ’24, Xie Ken sold 22,928 shares at 95.47 per share. FTNT shares that PRESIDENT & CEO owns now total 49,002,422.
Among the insiders who bought shares, KEN QING XIE acquired of 22,928 shares on Dec 18 ’24 at a per-share price of $97.62. In another insider transaction, KEN QING XIE bought 22,916 shares at $98.16 per share on Dec 17 ’24.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, FTNT has a high of $101.00 and a low of $54.57.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. FTNT’s latest balance sheet shows that the firm has $2.55B in Cash & Short Term Investments as of fiscal 2021. There were $988.40M in debt and $2.32B in liabilities at the time. Its Book Value Per Share was $1.19, while its Total Shareholder’s Equity was $798.40M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FTNT is Buy with a score of 3.73.
