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Fortinet Inc (FTNT) President & CEO Ken Xie Sold $650,640 of Shares

President & CEO of Fortinet Inc (30-Year Financial, Insider Trades) Ken Xie (insider trades) sold 8,000 shares of FTNT on 08/21/2019 at an average price of $81.33 a share. The total sale was $650,640.

Fortinet Inc software solutions provider. The company develops and sells a portfolio of security software products which includes firewall, threat detection, WLAN and switching, application security, identity and access management. Fortinet Inc has a market cap of $13.98 billion; its shares were traded at around $81.75 with a P/E ratio of 38.38 and P/S ratio of 7.32. Fortinet Inc had annual average EBITDA growth of 15.70% over the past ten years. GuruFocus rated Fortinet Inc the business predictability rank of 3-star.

CEO Recent Trades:

  • President & CEO Ken Xie sold 8,000 shares of FTNT stock on 08/21/2019 at the average price of $81.33. The price of the stock has increased by 0.52% since.

Directors and Officers Recent Trades:

  • Director Christopher B Paisley sold 1,000 shares of FTNT stock on 08/20/2019 at the average price of $80.72. The price of the stock has increased by 1.28% since.

For the complete insider trading history of FTNT, click here

.This article first appeared on GuruFocus.