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Fortinet Inc. (FTNT) VP, Engineering & CTO Michael Xie sells 20,000 Shares
Posted by: gurufocus (IP Logged)
Date: May 11, 2011 05:17PM

VP, Engineering & CTO of Fortinet Inc. (FTNT) Michael Xie sells 20,000 shares of FTNT on 05/10/2011 at an average price of $47.38 a share.

Fortinet Inc. has a market cap of $3.55 billion; its shares were traded at around $47.21 with a P/E ratio of 73.7 and P/S ratio of 10.9.

CEO Recent Trades:


  • Sell: President & CEO, 10% Owner Ken Xie sold 30,000 shares of FTNT stock on 05/03/2011 at the average price of 44.7. Ken Xie owns at least 7,513,521 shares after this. The price of the stock has increased by 5.62% since.
  • Sell: President & CEO, 10% Owner Ken Xie sold 90,000 shares of FTNT stock on 04/19/2011 at the average price of 38.67. Ken Xie owns at least 7,102,927 shares after this. The price of the stock has increased by 22.08% since.
  • Sell: President & CEO, 10% Owner Ken Xie sold 90,000 shares of FTNT stock on 03/22/2011 at the average price of 42.8. Ken Xie owns at least 7,210,927 shares after this. The price of the stock has increased by 10.3% since.
  • Sell: President & CEO, 10% Owner Ken Xie sold 90,000 shares of FTNT stock on 02/22/2011 at the average price of 40.05. Ken Xie owns at least 7,318,927 shares after this. The price of the stock has increased by 17.88% since.
  • Sell: President & CEO, 10% Owner Ken Xie sold 90,000 shares of FTNT stock on 01/18/2011 at the average price of 36.58. Ken Xie owns at least 7,426,927 shares after this. The price of the stock has increased by 29.06% since.

CFO Recent Trades:


  • Sell: VP & CFO Kenneth A Goldman sold 16,000 shares of FTNT stock on 05/02/2011 at the average price of 47.5. The price of the stock has decreased by 0.61% since.
  • Sell: VP & CFO Kenneth A Goldman sold 2,000 shares of FTNT stock on 03/29/2011 at the average price of 42.21. The price of the stock has increased by 11.85% since.
  • Sell: VP & CFO Kenneth A Goldman sold 11,000 shares of FTNT stock on 03/21/2011 at the average price of 43.3. The price of the stock has increased by 9.03% since.
  • Sell: VP & CFO Kenneth A Goldman sold 2,000 shares of FTNT stock on 03/01/2011 at the average price of 40.64. The price of the stock has increased by 16.17% since.
  • Sell: VP & CFO Kenneth A Goldman sold 11,000 shares of FTNT stock on 02/22/2011 at the average price of 40.1. The price of the stock has increased by 17.73% since.

Directors and Officers Recent Trades:


  • Sell: Director Christopher B Paisley sold 5,000 shares of FTNT stock on 05/02/2011 at the average price of 47.5. The price of the stock has decreased by 0.61% since.
  • Sell: VP & General Counsel John Whittle sold 4,998 shares of FTNT stock on 05/02/2011 at the average price of 47.49. The price of the stock has decreased by 0.59% since.
  • Sell: VP, Engineering & CTO Michael Xie sold 20,000 shares of FTNT stock on 04/26/2011 at the average price of 40.69. Michael Xie owns at least 5,290,000 shares after this. The price of the stock has increased by 16.02% since.
  • Sell: VP, Engineering & CTO Michael Xie sold 4,500 shares of FTNT stock on 04/13/2011 at the average price of 40.09. Michael Xie owns at least 5,310,000 shares after this. The price of the stock has increased by 17.76% since.
  • Sell: VP, Engineering & CTO Michael Xie sold 15,500 shares of FTNT stock on 04/12/2011 at the average price of 38.61. Michael Xie owns at least 5,314,500 shares after this. The price of the stock has increased by 22.27% since.


For the complete insider trading history of FTNT, click here.


Stocks Discussed: FTNT,
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