Fortinet Stock News

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BNC Wealth Management LLC increased its holdings in shares of Fortinet, Inc. (NASDAQ:FTNT) by 5.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,093 shares of the software makers stock after acquiring an additional 53 shares during the quarter. BNC Wealth Management LLCs holdings []

The year 2021 has featured retail trading-induced short squeezes, soaring special purpose acquisition companies (SPACs) and extreme volatility in cryptocurrency markets. Amid the many bouts of shor

BUSINESSES using outdated operation software will remain vulnerable to cyberattacks in the years to come, experts said yesterday. Jonas Walker security strategist of cybersecurity solution firm Fortinet, in a roundtable discussion on the "Threat Predictions for 2022," said that outdated operation software will continue to be vulnerable to hackers and scammers. "It will struggle the most because when look at these environments, the main reason why threat actors are super successful in getting access to them is they are running software which is are often out of date," Walker said. One of the reasons, he said, is that these computers that have been running for a very long time operate without even being properly adjusted. "We need security layers to isolate these environments and properly secure them," he said, adding that complacency among people is partly to blame. Citing numerous studies, Walker said it only takes one or two days before threat actors can gain access entry to their unsecured sensitive accounts. "A lot of this is automated so it takes just a few hours.

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As networks become more complex and distributed, seeing and responding to threats has become increasingly difficult. This has led to a security sprawl that complicates management, fragments visibility, and limits the ability of organisations to respond effectively to threats. In part, that''s due to today''s enterprises deploying an average of 45 security solutions across their network, making any centralised management nearly impossible. And worse, detecting and responding to a cyber incident requires coordination across 19 of those tools, leading to complex workarounds that must be constantly managed and reconfigured every time a device is upgraded. So, it should come as no surprise that Cybersecurity Mesh Architecture (CSMA) by Gartner® - an integrated set of security tools and APIs combined with centralised management, analytics, and threat intelligence - made it onto their list of top cybersecurity trends for 2022. Cybersecurity Mesh Platform: What is it? Today''s enterprises aren''t just looking for a unifying architecture that can bring their fragmented infrastructure and deployments under control.

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Thrivent Financial for Lutherans raised its position in shares of Fortinet, Inc. (NASDAQ:FTNT) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,936 shares of the software maker’s stock after purchasing an additional 36 shares during the period. […]

SUNNYVALE, Calif., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Ken Xie, Founder, Chairman of the Board and CEO at Fortinet “Fortinet has led the evolution of cybersecurity innovation over the past two decades, and is leading the next-generation of security solutions. The network security market is rapidly expanding from the data center out to the work-from-anywhere edge and to the cloud. We expect our innovative ASIC-supported security fabric platform and converged Security-driven networking approach to uniquely position Fortinet for long-term growth. Taking our place on the Nasdaq-100 Index amongst other category-defining companies is another proofpoint of Fortinet’s successes and future growth opportunities.”

In the latest trading session, Fortinet (FTNT) closed at $331.60, marking a -0.31% move from the previous day.

Hexavest Inc. reduced its stake in Fortinet, Inc. (NASDAQ:FTNT) by 63.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,031 shares of the software makers stock after selling 49,615 shares during the period. Hexavest Inc.s holdings in Fortinet were worth []

State of Michigan Retirement System reduced its position in shares of Fortinet, Inc. (NASDAQ:FTNT) by 0.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 141,925 shares of the software maker’s stock after selling 100 shares during the quarter. State of Michigan Retirement […]

Meritage Portfolio Management raised its holdings in shares of Fortinet, Inc. (NASDAQ:FTNT) by 0.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 126,179 shares of the software makers stock after purchasing an additional 993 shares during the period. Fortinet makes up []

Wall Street analysts predict that Fortinet, Inc. (NASDAQ:FTNT) will post sales of $960.88 million for the current fiscal quarter, Zacks Investment Research reports. Nine analysts have made estimates for Fortinets earnings, with the highest sales estimate coming in at $970.02 million and the lowest estimate coming in at $955.00 million. Fortinet posted sales of $748.00 []

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