Ken Xie - Fortinet Co-Founder, Chairman and CEO
| FTNT Stock | USD 93.12 0.35 0.38% |
Chairman
Mr. Ken Xie is the Chairman of the Board, Chief Executive Officer, Founder of the company. He has served as our Chief Executive Officer and a member of our Board of Directors since he cofounded Fortinet in October 2000. He previously served as our President until November 2013. Prior to cofounding Fortinet, Mr. Ken Xie was the Founder, President and Chief Executive Officer of NetScreen Technologies, Inc., a provider of network security products, which was acquired by Juniper Networks, Inc. in April 2004. Additionally, Mr. Ken Xie was Chief Executive Officer of SIS, Inc. and is a member of the National Academy of Engineering. In addition to our Board of Directors, Mr. Ken Xie has served on the board of directors of TeleNav, Inc. since July 2012 since 2013.
| Age | 61 |
| Tenure | 11 years |
| Address | 909 Kifer Road, Sunnyvale, CA, United States, 94086 |
| Phone | 408-235-7700 |
| Web | https://www.fortinet.com |
Latest Insider Transactions
| 2024-10-16 | Disposed of 23307 shares @ 81.89 | View | |
| 2024-09-18 | Disposed of 23538 shares @ 74.94 | View | |
| 2024-08-14 | Disposed of 23693 shares @ 73.06 | View | |
| 2024-07-15 | Disposed of 24267 shares @ 60.01 | View | |
| 2024-06-11 | Disposed of 24235 shares @ 59.53 | View | |
| 2024-04-16 | Disposed of 23992 shares @ 64.75 | View | |
| 2024-03-12 | Disposed of 23694 shares @ 71.4 | View | |
| 2024-02-13 | Disposed of 46084 shares @ 69.07 | View | |
| 2024-01-09 | Disposed of 46733 shares @ 60.12 | View |
Ken Xie Latest Insider Activity
Tracking and analyzing the buying and selling activities of Ken Xie against Fortinet stock is an integral part of due diligence when investing in Fortinet. Ken Xie insider activity provides valuable insight into whether Fortinet is net buyers or sellers over its current business cycle. Note, Fortinet insiders must abide by specific rules, including filing SEC forms every time they buy or sell Fortinet'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Ken Xie over three months ago Disposition of 20457 shares by Ken Xie of Fortinet at 59.6753 subject to Rule 16b-3 | ||
Ken Xie over six months ago Acquisition by Ken Xie of 6260 shares of Fortinet subject to Rule 16b-3 |
Fortinet Management Efficiency
The company has return on total asset (ROA) of 0.1232 % which means that it generated a profit of $0.1232 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3115 %, meaning that it created $0.3115 on every $100 dollars invested by stockholders. Fortinet's management efficiency ratios could be used to measure how well Fortinet manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Fortinet's Return On Tangible Assets are comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.37 in 2024, despite the fact that Return On Equity is likely to grow to (2.35). At this time, Fortinet's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 7.6 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 92.3 M in 2024.Similar Executives
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Management Performance
| Return On Equity | 0.31 | ||||
| Return On Asset | 0.12 |
Fortinet Leadership Team
Elected by the shareholders, the Fortinet's board of directors comprises two types of representatives: Fortinet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortinet. The board's role is to monitor Fortinet's management team and ensure that shareholders' interests are well served. Fortinet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortinet's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Patrice Perche, Senior Executive Vice President Worldwide Sales and Support | ||
| Ken Xie, Co-Founder, Chairman and CEO | ||
| Chris Perna, Vice Acquisition | ||
| Matthew Pley, Executive Sales | ||
| John Whittle, VP of Corporate Devel. and Strategic Alliances and General Counsel | ||
| Michael Xie, Co-Founder and President CTO and Director | ||
| Trevor Pagliara, Senior Sales | ||
| John Maddison, Senior Vice President of Products and Solutions | ||
| John JD, COO Secretary | ||
| Peter Salkowski, Senior Relations | ||
| Robert May, Executive Management | ||
| Keith Jensen, Chief Accounting Officer, VP of Fin. and Corporate Controller | ||
| Christiane Ohlgart, Chief Officer | ||
| Ana Pease, VP Operations | ||
| Pedro Paixao, Pres America | ||
| Joe Sarno, Executive Sales |
Fortinet Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fortinet a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.31 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.31 % | ||||
| Current Valuation | 68.4 B | ||||
| Shares Outstanding | 766.45 M | ||||
| Shares Owned By Insiders | 17.48 % | ||||
| Shares Owned By Institutions | 69.61 % | ||||
| Number Of Shares Shorted | 12.57 M | ||||
| Price To Earning | 58.79 X |
Thematic Opportunities
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Additional Tools for Fortinet Stock Analysis
When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.