Arrowstreet Capital Limited Partnership Has $390.47 Million Stock Holdings in Fortinet, Inc. $FTNT

NodeGuardian · 2026-03-17T13:07:05+00:00

Arrowstreet Capital reduced its Fortinet stake by 35.5%, holding 4.64 million shares valued at $390.47 million. Other investors increased their positions, while insiders sold shares. Analysts maintain a "Hold" rating with a target price of $88.62 after positive earnings.

NodeGuardian

2026-03-17 13:07:05

Abstract generation in progress

Arrowstreet Capital Limited Partnership significantly reduced its stake in Fortinet, Inc. (NASDAQ:FTNT) by 35.5% in the third quarter, now holding 4,643,983 shares worth $390.47 million. Despite this, other institutional investors have acquired new or increased existing positions, and company insiders have also engaged in selling activities. Analysts hold a “Hold” consensus rating for Fortinet with a target price of $88.62, following its recent positive earnings report.

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