FTNT Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own FTNT shares is 1738, representing 69.28% of the company's common stock.

DIMENSIONAL FUND ADVISORS LP, in the last quarter, reduced its stake in FTNT by -0.54% restricting it's holding to 2.61 million shares of worth nearly $178.60M. BANK OF NEW YORK MELLON CORP also lessened -1.37% of the FTNT shares from its portfolio, reducing its holding to 18.05 million shares of worth $1.23B. ALLIANCEBERNSTEIN L.P. also shunned FTNT shares holding by -47.41% last quarter which brought its holding to 13.63 million shares worth $930.93M.

As per its latest 13F filing, SARASIN & PARTNERS LLP increased its stake in FTNT by 100% in the last quarter. The institutional holder raised its holding to 1.77 million shares having worth more than $120.75M. JPMORGAN CHASE & CO also added 30.07% more shares of FTNT to its portfolio, raising its holding to 2.61 million shares of worth $178.22M. VANGUARD GROUP INC also increased its FTNT shares holding by 1.16% which brought its holding to 68.05 million shares worth $4.65B.

The insider with the most stakes in FTNT is Xie Ken , PRESIDENT & CEO at the company. Additionally, FTNT stock is highly held by VP, ENGINEERING & CTO Xie Michael and director NEUKOM WILLIAM H. among others.

Company executives, directors, and other insiders own 17.49% percent of Fortinet, Inc.'s stock. Within the last six months, there have been 20 transaction(s) in which FTNT insiders have sold stock, totaling 227.79K shares. Insiders that have sold shares include XIE KEN, JENSEN KEITH, and WHITTLE JOHN.

There have been 2 transaction(s) during the past 6-months in which Fortinet, Inc. insiders have bought stock, totalling 814 shares

Around 598.43M Fortinet, Inc. shares are held by insiders, which represents about 17.49% of FTNT stock.

FTNT PRESIDENT & CEO, Xie Ken holds the largest portfolio of the company's shares. FTNT shares owned by Xie total nearly 49.04 million.

SARASIN & PARTNERS LLP is the largest institutional owner in FTNT which holds 1.77 million shares worth $120.75M or 0.23% of the total FTNT shares outstanding followed by DIMENSIONAL FUND ADVISORS LP with ownership of 2.61 million shares representing 0.34% of the FTNT ownership. JPMORGAN CHASE & CO is the third largest stakeholder with 2.61 million shares or 0.34% of the ownership worth more than $178.22M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the FTNT is concerned, it is a stock which is optionable.

Number of FTNT shares short is 16.04M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 766.45M shares of FTNT are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, FTNT has 644.33M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for FTNT is 4.06.