Category: Markets
Published: 2026-07-07T13:46:53.000Z
Clare Market Investments LLC has initiated a new position in Fortinet, purchasing 10,005 shares valued at approximately $818,000 in the first quarter. This comes amidst mixed institutional and insider activity, with hedge funds maintaining large stakes while some executives have sold shares. Fortinet recently reported strong quarterly earnings, surpassing revenue and EPS expectations, though Wall Street's consensus rating remains "Hold" with a target price around $107.58.
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