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Insider Selling: Fortinet (NASDAQ:FTNT) CEO Sells $26,266,662.12 in Stock
['Trevor Kearing']
Daily Political
Fortinet, Inc. (NASDAQ:FTNT – Get Free Report) CEO Ken Xie sold 161,482 shares of the business’s stock in a transaction dated Monday, August 3rd.
Ken Xie also recently made the following trade(s):Get Fortinet alerts:On Tuesday, June 2nd, Ken Xie sold 160,632 shares of Fortinet stock.
The stock was sold at an average price of $145.58, for a total transaction of $23,384,806.56.
Fortinet Stock PerformanceShares of NASDAQ:FTNT traded up $5.08 on Tuesday, reaching $168.29.
According to data from MarketBeat.com, Fortinet currently has an average rating of “Hold” and an average target price of $150.91.