
Fortinet Inc
FTNT · NASDAQ · Technology / Software - Infrastructure
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About
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Company Details
- SectorTechnology
- IndustrySoftware - Infrastructure
- CEOMr. Ken Xie
- Employees15.54K
- Headquarters909 Kifer Road, Sunnyvale, CA, United States, 94086, USA
- Websitehttps://www.fortinet.com
Leadership
- Mr. Ken XieCo-Founder, Chairman & CEO · b. 1963
- Mr. Michael XieCo-Founder, President, CTO & Director · b. 1969
- Ms. Christiane OhlgartChief Accounting Officer, CFO and Principal Financial & Accounting Officer · b. 1968
- Mr. John Whittle J.D.Chief Operating Officer · b. 1969
- Mr. Anthony LuscriVice President of Investor Relations
- Mr. Anthony JamesExecutive Vice President of Marketing
- Mr. Robert MayExecutive Vice President of Technology & Product Management
- Mr. Joe SarnoExecutive Vice President of International Sales
- Mr. Carl WindsorChief Information Security Officer
- Mr. Trevor PagliaraExecutive Vice President of US Sales
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy6
- Buy1
- Hold30
- Sell2
- Strong Sell4
Ownership Breakdown
- Institutions
- 71.66%
- Insiders
- 17.34%
- Retail / Other
- 11.00%
Top Institutional Holders
- BlackRock Inc62.24M8.47%
- Vanguard Capital Management, LLC40.66M5.53%
- State Street Corp29.63M4.03%
- Vanguard Portfolio Management, LLC24.84M3.38%
- Amvescap Plc.24.62M3.35%
- Geode Capital Management, LLC17.44M2.37%
- NORGES BANK12.45M1.69%
- First Trust Advisors L.P.10.82M1.47%
- Arrowstreet Capital Limited Partnership10.13M1.38%
- Bank of New York Mellon Corp9.33M1.27%
- AQR Capital Management LLC8.67M1.18%
- Morgan Stanley - Brokerage Accounts8.56M1.17%
- The Goldman Sachs Group Inc8.10M1.10%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest19.79M2.69%
- Vanguard 500 Index Investor16.19M2.20%
- Invesco QQQ Trust15.26M2.08%
- iShares Core S&P 500 ETF8.20M1.12%
- First Trust NASDAQ Cybersecurity ETF8.11M1.10%
- Fidelity 500 Index8.08M1.10%
- State Street® SPDR® S&P 500® ETF7.53M1.03%
Stock Splits
- Jun 23, 20225:1
- Jun 2, 20112:1