Kepler Cheuvreux Suisse SA Acquires Shares of 14,857 Fortinet, Inc. $FTNT

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Kepler Cheuvreux Suisse SA has acquired 14,857 shares of Fortinet, valued at approximately $1.25 million, establishing a new position in the company during the third quarter. Despite significant insider sales by Fortinet’s VP and CEO in early February, the company reported strong quarterly earnings, beating analyst estimates for EPS and revenue. Analysts currently hold a consensus “Hold” rating on Fortinet with an average target price of $88.62, and the company has provided positive guidance for Q1 and FY2026.

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