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Fortinet FTNT

Fortinet is the 93rd largest S&P 500 company by market cap, worth $132 billion. 9 directors have filed with the SEC in the last 12 months (who counts), 2 of them executives. 2 other officers are on file. At 30 Jun 2026, Vanguard was its largest institutional holder, with 9.8% of the company.

CEO
Ken Xie
Sector
Information Technology
Sub-industry
Systems Software
Headquarters
Sunnyvale, California
Founded
2000
More
Wikipedia
Market cap
$132B
93rd largest, 23 Oct 2026 close
Revenue
$6.8B
Fiscal year 2025
Price to sales
19.4
Market cap over revenue
Employees
15,109
10-K, 31 Dec 2025
Market cap per employee
$8.7M
Market cap over employees
Connections
3
S&P 500 companies sharing a director or officer

Largest institutional holders

Each fund group's share of Fortinet. Where a company has several share classes, the share is of its total value.

13F filings for the quarter to 30 Jun 2026

These five hold 28.1% of Fortinet.

Source: SEC Form 13F data sets, SEC XBRL shares outstanding 路 All holders

Board and officers

3 people here also hold roles at other S&P 500 companies.

Roles filed up to 30 Sep 2026

NameTitle
Directors (9)
Ken XiePresident & CEOPresident & CEO
Kenneth A. GoldmanDirectorDirector
Ming HsiehDirectorDirector
Jean X. HuDirectorAlso at Advanced Micro DevicesDirector
Derek T. KanDirectorAlso at Globe LifeDirector
Janet NapolitanoDirectorDirector
Judith SimDirectorDirector
James G. StavridisDirectorAlso at AonDirector
Michael XieVP, Engineering & CTOVP, Engineering & CTO
Officers (2)
Christiane OhlgartChief Financial OfficerLast filed 25 Sep 2026Chief Financial Officer
John WhittleChief Operating OfficerLast filed 16 Sep 2026Chief Operating Officer

Source: SEC insider filings (Forms 3, 4 and 5), Fortinet's Form 4 filings 路 All directors and officers

Companies that share people with Fortinet

Each person's title here, then at the other company.

  • Advanced Micro Devices AMD
    • Jean X. Hu: Director here, EVP, CFO and Treasurer there
  • Aon AON
    • James G. Stavridis: Director here, Director there
  • Globe Life GL
    • Derek T. Kan: Director here, Director there

Source: SEC insider filings 路 See the whole network

Fortinet's market cap since November 2009

Marked weeks are changes in the share count, such as a merger, not market moves.

Weekly, up to 23 Oct 2026

Show equal percentage changes as equal steps.
201020122014201620182020202220242026$132B

Source: Yahoo Finance closing prices, SEC XBRL shares outstanding

Workforce

Headcount at 31 Dec 2025

Employees
15,109
As of December 31, 2025, our total headcount was 15,109 employees, approximately 30% of whom were employed in the United States, approximately 20% of whom were employed in Canada and approximately 50% of whom were employed outside of the United States and Canada, primarily in Europe, Middle East and Africa ("EMEA"), consistent with our customer base.
Fortinet Form 10-K

Source: Fortinet Form 10-K

Insider trades

Open-market buys and sales by directors and officers. Grants, option exercises and shares withheld for tax are left out.

Trades from 30 Sep 2025 to 30 Sep 2026

Directors and officers sold $136 million of stock in 22 sales and made no open-market purchases in the 12 months to 30 Sep 2026.

DatePersonTitleTypeSharesValue
24 Sep 2026SaleChristiane OhlgartChief Financial OfficerChief Financial OfficerSale48$9K
15 Sep 2026SaleJohn WhittleChief Operating OfficerChief Operating OfficerSale2,835$478K
14 Sep 2026SaleJohn WhittleChief Operating OfficerChief Operating OfficerSale53,865$8.9M
4 Aug 2026SaleChristiane OhlgartChief Financial OfficerChief Financial OfficerSale387$64K
3 Aug 2026SaleKen XiePresident & CEOPresident & CEOSale161,482$26M
3 Aug 2026SaleMichael XieVP, Engineering & CTOVP, Engineering & CTOSale3,121$508K
3 Jun 2026SaleMichael XieVP, Engineering & CTOVP, Engineering & CTOSale3,907$572K
2 Jun 2026SaleKen XiePresident & CEOPresident & CEOSale160,632$23M
21 May 2026SaleJohn WhittleChief Operating OfficerChief Operating OfficerSale146,015$19M
20 May 2026SaleChristiane OhlgartChief Financial OfficerChief Financial OfficerSale238$31K

Showing 10 of 22 trades

Source: SEC insider transactions data sets, Fortinet's Form 4 filings

Trades by members of Congress and officials

Trades members of Congress and senior executive branch officials disclosed, including their families'. Amounts are filed as ranges.

Trades from 20 Oct 2023 to 20 Oct 2026

13 people disclosed 29 purchases and 27 sales of Fortinet stock since October 2023.

DateMember or officialTypeAmount
18 Jun 2026Donald J Trump (President)President 路 BoughtPurchase$250,001 to $500,000$250K to $500K
27 Apr 2026Donald J Trump (President)President 路 SoldSale$100,001 to $250,000$100K to $250K
17 Apr 2026Donald J Trump (President)President 路 SoldSale$500,001 to $1,000,000$500K to $1M
15 Apr 2026Donald J Trump (President)President 路 BoughtPurchase$15,001 to $50,000$15K to $50K
14 Apr 2026Gilbert Cisneros (House, D-CA)House, D-CA 路 SoldSale$1,001 to $15,000$1K to $15K
13 Apr 2026Rohit Khanna (House, D-CA)House, D-CA 路 BoughtPurchase$1,001 to $15,000$1K to $15K
7 Apr 2026Donald J Trump (President)President 路 BoughtPurchase$1,001 to $15,000$1K to $15K
27 Mar 2026Alan Armstrong (Senate, R-OK)Senate, R-OK 路 BoughtPurchase$1,001 to $15,000$1K to $15K
18 Mar 2026Donald J Trump (President)President 路 SoldSale$15,001 to $50,000$15K to $50K
17 Mar 2026Donald J Trump (President)President 路 BoughtPurchase$500,001 to $1,000,000$500K to $1M

Showing 10 of 56 trades

Source: House, Senate and OGE disclosures via the Congress trading monitor

Not on file: no WARN layoff notices under its own name since October 2023.