Wilson Asset Management International PTY Ltd. has acquired a new stake of 95,000 Fortinet shares, valued at approximately $7.99 million, making it their 22nd largest holding. This investment comes as Fortinet reported strong Q4 results, exceeding revenue and EPS estimates, raising FY-2026 guidance, and expanding its share buyback program by $1 billion. Despite positive financial performance and some bullish analyst ratings, significant insider selling by the CEO and VP has been noted, which could raise short-term concerns.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Wilson Asset Management International PTY Ltd. Invests $7.99 Million in Fortinet, Inc. $FTNT
Wilson Asset Management International PTY Ltd. has acquired a new stake of 95,000 Fortinet shares, valued at approximately $7.99 million, making it their 22nd largest holding. This investment comes as Fortinet reported strong Q4 results, exceeding revenue and EPS estimates, raising FY-2026 guidance, and expanding its share buyback program by $1 billion. Despite positive financial performance and some bullish analyst ratings, significant insider selling by the CEO and VP has been noted, which could raise short-term concerns.