Fortinet Ownership

Fortinet holds a total of 766.45 Million outstanding shares. Over half of Fortinet's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. On November 14, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Fortinet's common stock. Some institutional investors establish a significant position in stocks such as Fortinet in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Fortinet, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Dividends Paid is likely to gain to about 1.2 B in 2024. Dividend Paid And Capex Coverage Ratio is likely to gain to 12.21 in 2024. Common Stock Shares Outstanding is likely to gain to about 858.4 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 1 B in 2024. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortinet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.