Kmg Fiduciary Partners 13F: Cuts Fortinet (FTNT) Stake by $917K
Kmg Fiduciary Partners reduced its holdings in Fortinet by 7.9%, selling 5,127 shares.
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Kmg Fiduciary Partners sold 5,127 shares from its stake in Fortinet, Inc. ($FTNT), a 7.94% decrease, according to a 13F filing with the SEC dated October 14, 2026. It reported 59,423 shares worth $10.62 million at the end of the quarter.
Since the filing, $FTNT is down 8.1% to date (from the $184.05 close on Oct 14, 2026).
Find the original: Kmg Fiduciary Partners 13F filings on SEC EDGAR
FTNT
Fortinet, Inc.
Key Points
- Kmg Fiduciary Partners reduced its stake in Fortinet by 7.9%, selling 5,127 shares to hold 59,423 shares valued at $10.6 million.
- Fortinet's market cap is approximately $133.5 billion, with a P/E ratio of 64.3 and a 52-week range between $73.55 and $197.13.
- The company reported $7.53 billion in revenue with a net margin of 28.2% and an ROE of 1.17.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Fortinet, Inc. alert may contain errors. Disclosures
Kmg Fiduciary Partners recently trimmed its holdings in Fortinet, Inc. (NasdaqGS:FTNT) by 7.9%, according to its latest Form 13F filing with the SEC. The fund sold 5,127 shares, reducing its stake to 59,423 shares. This position is now valued at approximately $10.6 million as of the filing date.
Kmg Fiduciary Partners vs. the S&P 500
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What Changed in Kmg Fiduciary Partners' Fortinet Position
Kmg Fiduciary Partners cut its Fortinet stake from 64,550 shares to 59,423 shares, a decrease of 7.9%. The fund's remaining shares are valued at about $10.6 million.
Fortinet, Inc. Stock Down 8.1%
As of the latest available data, Fortinet, Inc. (NasdaqGS:FTNT) has a market capitalization of roughly $133.5 billion. The company trades with a P/E ratio of 64.3 and a forward P/E of 48.2, reflecting investor expectations for future earnings growth. Fortinet has a beta of 1.037, indicating its stock price is slightly more volatile than the market average. Its 52-week trading range spans from $73.55 to $197.13, with recent moving averages of $169.21 over 50 days and $123.43 over 200 days. The company maintains a current ratio of 1.28 and a quick ratio of 1.14, highlighting its ability to meet short-term obligations.
Recent Earnings
Fortinet reported revenues of approximately $7.53 billion, with a growth rate of 25.6%. The company achieved a net margin of 28.2% and a return on equity of 1.17. The next earnings report is scheduled for October 28, 2026.
About Fortinet, Inc.
Fortinet, Inc., headquartered in Sunnyvale, California, is a leading provider of cybersecurity solutions worldwide. The company develops and sells security and networking solutions, including its flagship product, FortiOS, a unified operating system. Fortinet's offerings include secure networking, network firewall solutions, and AI-driven security operations. Under the leadership of CEO Ken Xie, Fortinet employs over 15,000 people globally.
Bottom Line
Investors keep a close eye on institutional moves like Kmg Fiduciary Partners' recent trimming of its Fortinet position. This 13F filing reflects holdings as of the reporting period and may not indicate the fund's current position. Fortinet remains a significant player in the cybersecurity sector, attracting considerable attention from analysts and investors alike.
Related Filing Alerts
Source: Kmg Fiduciary Partners's 13F filing on $FTNT (Oct 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Kmg Fiduciary Partners 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts