Equities
TechnologyTechnology
  • Price (USD)92.26
  • Today's Change8.58 / 10.25%
  • Shares traded9.66m
  • 1 Year change+83.64%
  • Beta0.9625
Data delayed at least 15 minutes, as of Nov 08 2024 19:45 GMT.
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About the company

Fortinet, Inc. provides an integrated platform, the Fortinet Security Fabric, that spans networking, unified Secure Access Service Edge (SASE) and AI-driven security operations to deliver cybersecurity where customers need it. It offers solutions to enterprises, such as in the financial services, retail and operational technology market verticals, communication and security service providers, government organizations and small and medium-sized businesses. Its Secure Networking solutions focuses on the convergence of networking and security via its network firewall and its switches, access points and other secure connectivity solutions. Its Unified SASE solution is a single-vendor SASE solution that includes Firewall, SD-WAN, Secure Web Gateway, Cloud Access Services Broker, and Data Loss Prevention, Zero Trust Network Access and cloud security. Its Security Operations solutions are delivered as a platform that automates detection and response to accelerate discovery and remediation.

  • Revenue in USD (TTM)5.54bn
  • Net income in USD1.31bn
  • Incorporated2000
  • Employees13.53k
  • Location
    Fortinet Inc909 Kifer RoadSUNNYVALE 94086United StatesUSA
  • Phone+1 (408) 235-7700
  • Fax+1 (408) 235-7737
  • Websitehttps://www.fortinet.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
FTNT:NSQ since
announced
Transaction
value
Next DLP Security LtdDeal completed05 Aug 202405 Aug 2024Deal completed63.26%--
Data delayed at least 15 minutes, as of Nov 08 2024 19:45 GMT.

Institutional shareholders

28.16%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Jun 202464.06m8.37%
BlackRock Fund Advisorsas of 30 Jun 202433.72m4.41%
T. Rowe Price Associates, Inc. (IM)as of 30 Jun 202428.06m3.67%
SSgA Funds Management, Inc.as of 30 Jun 202426.52m3.47%
Geode Capital Management LLCas of 30 Jun 202414.53m1.90%
Fundsmith LLPas of 30 Jun 202412.79m1.67%
Walter Scott & Partners Ltd.as of 30 Jun 202412.69m1.66%
Nordea Investment Management AB (Denmark)as of 30 Jun 20248.99m1.18%
BlackRock Advisors (UK) Ltd.as of 30 Jun 20247.02m0.92%
Two Sigma Advisers LPas of 30 Jun 20246.98m0.91%
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Data from 30 Jun 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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