Fortinet Inc. (FTNT) President & CEO, 10% Owner Ken Xie sells 90,000 Shares

President & CEO, 10% Owner of Fortinet Inc. (FTNT, Financial) Ken Xie sells 90,000 shares of FTNT on 02/22/2011 at an average price of $40.05 a share.

Fortinet Inc. has a market cap of $2.92 billion; its shares were traded at around $39.61 with a P/E ratio of 74.7 and P/S ratio of 9.

Hedge Fund Gurus that owns FTNT: Andreas Halvorsen of Viking Global Investors LP, Bruce Kovner of Caxton Associates, Manning & Napier Advisors, Inc, Paul Tudor Jones of The Tudor Group, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns FTNT: RS Investment Management, Pioneer Investments.

CEO Recent Trades:

  • 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 8.28% since.

  • Sell: President & CEO, 10% Owner Ken Xie sold 90,000 shares of FTNT stock on 12/21/2010 at the average price of 31.99. Ken Xie owns at least 7,534,927 shares after this. The price of the stock has increased by 23.82% since.

  • Sell: President & CEO, 10% Owner Ken Xie sold 90,000 shares of FTNT stock on 11/23/2010 at the average price of 31.52. Ken Xie owns at least 7,672,927 shares after this. The price of the stock has increased by 25.67% since.

  • Sell: President & CEO, 10% Owner Ken Xie sold 90,000 shares of FTNT stock on 10/19/2010 at the average price of 25.43. Ken Xie owns at least 7,368,499 shares after this. The price of the stock has increased by 55.76% since.

  • Sell: President & CEO, 10% Owner Ken Xie sold 17,566 shares of FTNT stock on 09/27/2010 at the average price of 25. Ken Xie owns at least 7,458,499 shares after this. The price of the stock has increased by 58.44% since.



CFO Recent Trades:

  • Sell: VP & CFO Kenneth A Goldman sold 10,000 shares of FTNT stock on 02/10/2011 at the average price of 40.17. The price of the stock has decreased by 1.39% since.

  • Sell: VP & CFO Kenneth A Goldman sold 21,000 shares of FTNT stock on 02/01/2011 at the average price of 39.15. The price of the stock has increased by 1.17% since.

  • Sell: VP & CFO Kenneth A Goldman sold 11,380 shares of FTNT stock on 12/20/2010 at the average price of 31.9. The price of the stock has increased by 24.17% since.

  • Sell: VP & CFO Kenneth A Goldman sold 11,380 shares of FTNT stock on 11/22/2010 at the average price of 31.12. The price of the stock has increased by 27.28% since.

  • Sell: VP & CFO Kenneth A Goldman sold 60,980 shares of FTNT stock on 10/27/2010 at the average price of 31.31. The price of the stock has increased by 26.51% since.



Directors and Officers Recent Trades:

  • Sell: Director John L Walecka sold 30,000 shares of FTNT stock on 02/09/2011 at the average price of 40.34. John L Walecka owns at least 1,118,994 shares after this. The price of the stock has decreased by 1.81% since.

  • Sell: VP & General Counsel John Whittle sold 19,375 shares of FTNT stock on 02/01/2011 at the average price of 39.15. The price of the stock has increased by 1.17% since.

  • Sell: Director Christopher B Paisley sold 5,000 shares of FTNT stock on 02/01/2011 at the average price of 39.16. The price of the stock has increased by 1.15% since.

  • Sell: VP & General Counsel John Whittle sold 25,000 shares of FTNT stock on 12/08/2010 at the average price of 32.55. The price of the stock has increased by 21.69% since.

  • Sell: Director John L Walecka sold 3,505 shares of FTNT stock on 11/09/2010 at the average price of 31.1. John L Walecka owns at least 1,938,014 shares after this. The price of the stock has increased by 27.36% since.




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