Michael Xie - Fortinet Co-Founder and President CTO and Director

FTNT
 Stock
  

USD 58.85  0.28  0.47%   

  President
Mr. Michael Xie is President, Chief Technology Officer and Director of Fortinet Inc. Prior to cofounding Fortinet, he has served as our President and Chief Technology Officer since November 2013 and as a member of our Board of Directors since February 2001. He previously served as our Vice President of Engineering and Chief Technology Officer after cofounding Fortinet in October 2000. Prior to cofounding Fortinet, he held positions as Vice President of Engineering for ServGate Technologies, Inc., a network security provider that was acquired by Amarium Technologies, Inc. in April 2006, Software Director and Architect for NetScreen and Senior Software Engineer for Milkyway Networks Corporationrationration, a network security solutions provider
Age: 49  President Since 2013      
408 235-7737  www.fortinet.com
Michael Xie has an M.S. in electrical engineering from the University of Manitoba in Canada, as well as a B.S. and an M.S. in automobile engineering from Tsinghua University in China.

Michael Xie Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Xie against Fortinet stock is an integral part of due diligence when investing in Fortinet. Michael 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.

Fortinet Management Efficiency

Fortinet has return on total asset (ROA) of 8.1 % which means that it generated profit of $8.1 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 73.34 %, meaning that it created $73.34 on every $100 dollars invested by stockholders. Fortinet management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. Fortinet Return on Investment is comparatively stable at the moment as compared to the past year. Fortinet reported Return on Investment of 49.18 in 2021. Return on Average Equity is likely to gain to 0.67 in 2022, whereas Return on Average Assets are likely to drop 0.09 in 2022. Total Liabilities is likely to gain to about 5.5 B in 2022. Current Liabilities is likely to gain to about 2.5 B in 2022
The company currently holds 1.06 B in liabilities with Debt to Equity (D/E) ratio of 1.32, which is about average as compared to similar companies. Fortinet has a current ratio of 1.52, which is within standard range for the sector. Debt can assist Fortinet until it has trouble settling it off, either with new capital or with free cash flow. So, Fortinet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fortinet sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortinet to invest in growth at high rates of return. When we think about Fortinet's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing few of many executives

PRESIDENT Since

Mikael DolstenPfizer Inc
2019
Monique BonnerAkamai Technologies
2016
Dana RaoAdobe Systems
2018
Sally SusmanPfizer Inc
2019
John YoungPfizer Inc
2019
Sai HoBlackberry
2021
Laurie OlsonPfizer Inc
2017
Kirsten LundJurgensenPfizer Inc
2016
Rollin FordWalmart
2012
Geno GermanoPfizer Inc
2014
Daniel McNamaraIntel Corp
2018
Leslie CulbertsonIntel Corp
2018
Stuart McClureBlackberry
2019
Gregory PearsonIntel Corp
2014
Scott LovettAkamai Technologies
2018
Michael MayberryIntel Corp
2018
Steven RodgersIntel Corp
2017
Susan ChambersWalmart
2006
Scott BelskyAdobe Systems
2017
Charles HillPfizer Inc
2017
Steven WhaleyWalmart
N/A
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California. Fortinet operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 10195 people. Fortinet (FTNT) is traded on NASDAQ Exchange in USA. It is located in 899 Kifer Road, Sunnyvale, CA 94086, United States and employs 10,195 people. Fortinet is listed under Computers category by Fama And French industry classification.

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
Peter Cohen, Director
Ken Xie, Co-Founder, Chairman and CEO
Andrew Matto, CFO
Ming Hsieh, Independent Director
John Whittle, VP of Corporate Devel. and Strategic Alliances and General Counsel
Holly Rollo, Chief Marketing Officer
Michael Xie, Co-Founder and President CTO and Director
Chenming Hu, Independent Director
Michelle Spolver, VP of Corporate Communications and Investor Relations
John Maddison, Senior Vice President of Products and Solutions
Keith Jensen, Chief Accounting Officer, VP of Fin. and Corporate Controller
William Neukom, Independent Director
Christopher Paisley, Lead Independent Director
Lisa McGill, Senior Vice President of People
Gary Locke, Director
Judith Sim, Director

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.

Fortinet Investors Sentiment

The influence of Fortinet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fortinet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Fortinet Implied Volatility

    
  33.47  
Fortinet's implied volatility exposes the market's sentiment of Fortinet stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Fortinet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Fortinet stock will not fluctuate a lot when Fortinet's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fortinet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fortinet's short interest history, or implied volatility extrapolated from Fortinet options trading.

Current Sentiment - FTNT

Fortinet Investor Sentiment

Most of Macroaxis users are currently bullish on Fortinet. What is your opinion about investing in Fortinet? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Fortinet using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Investing Opportunities. Note that the Fortinet information on this page should be used as a complementary analysis to other Fortinet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Fortinet Stock analysis

When running Fortinet 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 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.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Is Fortinet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortinet. If investors know Fortinet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.31
Market Capitalization
9.5 B
Quarterly Revenue Growth YOY
0.34
Return On Assets
0.0772
Return On Equity
1.05
The market value of Fortinet is measured differently than its book value, which is the value of Fortinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fortinet's value that differs from its market value or its book value, called intrinsic value, which is Fortinet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortinet's market value can be influenced by many factors that don't directly affect Fortinet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortinet's value and its price as these two are different measures arrived at by different means. Investors typically determine Fortinet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortinet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.