Fortinet, Inc. $FTNT Shares Sold by MassMutual Private Wealth & Trust FSB
MassMutual Private Wealth & Trust FSB has significantly reduced its holdings in Fortinet, Inc. by 85.6% during Q3, now owning 2,568 shares valued at $216,000. Other institutional investors have also adjusted their stakes, with BNP Paribas increasing its holdings by 6.8%. Analysts have downgraded Fortinet's stock ratings, with a consensus rating of "Hold" and an average target price of $90.30. Insider selling was noted, with VP Michael Xie and CEO Ken Xie selling shares recently. Fortinet's stock opened at $79.22, with a one-year range of $70.12 to $114.82.
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