Afterhours Leader: Fortinet, Inc. (NASDAQ:FTNT)
The insider ownership percentage is the key
indicator, can be used by investors, to measure the outlook of senior
management has on their company. Insider ownership for the FTNT is 11.20%. Institutional
ownership refers to the ownership stake in a company that is held by large
financial organizations, pension funds or endowments. The Institutional
ownership for the FTNT is 76.40%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that FTNT. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Fortinet, Inc. (NASDAQ:FTNT) is -1.60%.
Institutional transactions is the amount of a Fortinet, Inc. (NASDAQ:FTNT)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the FTNT is -0.41%.
A Technology sector firm, Fortinet, Inc. (NASDAQ:FTNT) stock went down -1.61% on Thursday and when day-trade ended the stock finally concluded at $79.02 and number of shares that changed hands during the day are 1.79 Million. The number of shares FTNT stock currently held by all its shareholders are 170.72 and floated shares, the number of shares are available for trading in an open market on last trading day are 143.79. The average volume of shares for 3 months is 1571.55 and FTNT stock value has moved between $63.22 – 97.56 in last one year.
The Fortinet, Inc. (NASDAQ:FTNT)’s latest earnings date is 8/1/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Fortinet, Inc. (NASDAQ:FTNT) is 75.10% and the profit margin is 18.60% and the stock has gained 12.20% in 2019 to date.
Fortinet, Inc. (NASDAQ:FTNT)’s monthly stock performance is 1.17%, the quarterly performance is -13.65%, the half year performance is calculated as 3.20%. The yearly performance of FTNT is 25.61%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Fortinet, Inc. (NASDAQ:FTNT) weekly volatility is measured as 2.99% and monthly volatility measured as 2.32%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. FTNT return on assets is 12.00%, the return on equity (ROE) of the Fortinet, Inc. (NASDAQ:FTNT) is 37.40%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and FTNT return on investment is 34.10%.
The price to earnings ratio is 36.26, price to sales ratio is 7.20, and price to book ratio is 12.70, price to cash per share ration is 7.49, price to free cash flow is 20.79.
Analysts mean target price for Fortinet, Inc. (NASDAQ:FTNT) is $91.35 while analysts mean recommendation is 2.60. The current share price indicates that stock is -18.50% away from its one year high and is moving 25.25% ahead of its 52-week low. FTNT’s distance from 20 day simple moving average is -5.64% and distance from 50-Day simple moving average is -0.06%.