Insider Sale: VP of $FTNT Sells 9,913 Shares

Michael Xie, the VP of $FTNT, sold 9,913 shares of the company on 03-11-2025 for an estimated $952,688. We received data on the trade from a recent SEC filing. This was a sale of approximately 0.1% of their shares of this class of stock. Following this trade, they now own 11,316,939 shares of this class of $FTNT stock.

$FTNT Insider Trading Activity

$FTNT insiders have traded $FTNT stock on the open market 62 times in the past 6 months. Of those trades, 2 have been purchases and 60 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 36 sales selling 482,814 shares for an estimated $45,472,565.
• MICHAEL XIE (VP, ENGINEERING & CTO) has made 0 purchases and 7 sales selling 351,496 shares for an estimated $34,028,399.
• KEITH JENSEN (Chief Financial Officer) has made 0 purchases and 14 sales selling 119,765 shares for an estimated $11,511,466.
• JOHN WHITTLE (CHIEF OPERATING OFFICER) has made 0 purchases and 2 sales selling 38,495 shares for an estimated $3,293,666.
• KENNETH A GOLDMAN sold 1,000 shares for an estimated $99,320
• WILLIAM H. NEUKOM has made 2 purchases buying 683 shares for an estimated $69,845 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$FTNT Hedge Fund Activity

We have seen 615 institutional investors add shares of $FTNT stock to their portfolio, and 558 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• NORGES BANK added 6,759,922 shares (+748.1%) to their portfolio in Q4 2024, for an estimated $638,677,430
• FMR LLC added 2,846,475 shares (+77.2%) to their portfolio in Q4 2024, for an estimated $268,934,958
• ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 2,151,811 shares (+39.3%) to their portfolio in Q4 2024, for an estimated $203,303,103
• BESSEMER GROUP INC added 2,064,016 shares (+72.6%) to their portfolio in Q4 2024, for an estimated $195,008,231
• SWEDBANK AB removed 2,015,745 shares (-29.6%) from their portfolio in Q4 2024, for an estimated $190,447,587
• INVESCO LTD. added 2,000,888 shares (+31.3%) to their portfolio in Q4 2024, for an estimated $189,043,898
• MILLENNIUM MANAGEMENT LLC removed 1,811,984 shares (-49.9%) from their portfolio in Q4 2024, for an estimated $171,196,248

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$FTNT Congressional Stock Trading

Members of Congress have traded $FTNT stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $FTNT stock by members of Congress over the last 6 months:

• REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 01/13.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.