QuantCapitol. Congressional Trading Intelligence

Updated 2026-11-05 08:10 UTC · Public disclosure record

FTNTTICKER

Fortinet, Inc.

VERY BULLISH stock

Congress has disclosed 30 buys and 15 sells of FTNT (Fortinet, Inc.) in official financial disclosures, each linked to its original filing. A transparency record — not investment advice.

Activity Congressional Activity

30
Buy
15
Sell
+15
Net
13
Active politicians

Round-trip watch Still on the books

Members who disclosed buying FTNT and have not disclosed selling, versus their own entry (the most recent disclosed buy). "Open" means no disclosed sale — never "still holds" — and the % is unrealised, on paper. Not investment advice.

MemberEntry (last buy)Entry priceNowvs entryStatus
Alan Armstrong 2026-03-27 $78.20 $136.08 +74.0% in profit
Byron Donalds 2025-10-09 $86.19 $136.08 +57.9% in profit
Michael McCaul 2025-04-08 $88.15 $136.08 +54.4% in profit
Rohit Khanna 2026-07-07 $158.67 $136.08 -14.2% underwater

Price as of 2026-10-30. Counted open while disclosed buys outnumber disclosed sells; tracks the price, not exact position size (amounts are ranges).

Price & congressional trades
Buy Sell

Fundamentals · FY2026 Valuation

Standard valuation multiples from SEC-reported GAAP financials (trailing twelve months), each compared to the median for Technology. We use reported GAAP, not forward or adjusted earnings, so our figures can sit higher than sites that do — especially for companies with falling profit. Relative context — not a target price or investment advice.

P/E
43.81
▲ pricier than Technology (median 33.7)
how it's calculated
P/E = price ÷ earnings per share
$136.08 ÷ $3.11 = 43.81
Based on GAAP trailing-twelve-month financials (SEC filings) and the latest close. Other sites may show a different multiple when they use forward (projected) or non-GAAP adjusted figures instead of reported GAAP — for a company with volatile profit those can differ in either direction from the GAAP figure shown here.
P/B
44.5
▲ pricier than Technology (median 6.2)
how it's calculated
P/B = price ÷ book value per share
$136.08 ÷ $3.06 = 44.5
Based on GAAP trailing-twelve-month financials (SEC filings) and the latest close. Other sites may show a different multiple when they use forward (projected) or non-GAAP adjusted figures instead of reported GAAP — for a company with volatile profit those can differ in either direction from the GAAP figure shown here.
EV/EBITDA
35.16
▲ pricier than Technology (median 21.5)
how it's calculated
EV/EBITDA = (market cap + net debt) ÷ EBITDA — net cash lowers EV
($100.0B − $3.3B net cash) ÷ $2.8B = $96.7B ÷ $2.8B = 35.16
Based on GAAP trailing-twelve-month financials (SEC filings) and the latest close. Other sites may show a different multiple when they use forward (projected) or non-GAAP adjusted figures instead of reported GAAP — for a company with volatile profit those can differ in either direction from the GAAP figure shown here.

Legislation Related Legislation

Recent bills in this stock's sector (Technology). Sector-level context from Congress.gov — a bill names a policy area, not this company specifically.

BillTitlePolicy areaLatest action
HR 7022 Mystic Alerts Act Science, Technology, Communications 2026-10-22
S 5663 PROOF Act Science, Technology, Communications 2026-09-30
SRES 923 A resolution expressing support for the designation of October 4 through October 10, 2026, as "National 4-H Week". Science, Technology, Communications 2026-09-29
HR 10610 Stop Spam Calls Act Science, Technology, Communications 2026-09-24
HR 10594 Reliable Artificial Intelligence Research Act of 2026 Science, Technology, Communications 2026-09-24

45 trades Recent Congressional Trades

Two things to watch per trade: the disclosure lag (how many days passed before the trade was made public) and the price move in that window (how the stock moved during those non-public days). A sell followed by a price drop, or a buy followed by a rise, means well-timed trading — visible here in the open. Note: the Score measures how notable a trade is, not whether it made money — the price move is shown for context and isn't part of it.

PoliticianChamberTypeOwnerDateDisclosure lagPrice move
in that
window
AmountScoreSource
Rohit Khanna House SELL OCR ◆ insider convergence Child 2026-08-10 22 days -1.4% $1K–$15K 51.1 ↗ filing
Dan Newhouse House SELL ◆ insider convergence Spouse · Edward Jones IRA 2026-07-10 0 days 0.0% $1K–$15K
<0.1% of NW
25.0 ↗ filing
Rohit Khanna House BUY OCR ◆ insider divergence Child 2026-07-07 27 days +2.9% $1K–$15K 49.0 ↗ filing
Gilbert Cisneros House SELL ◆ insider convergence Self · 150 Main Street Trust > Bank of America 2026-04-14 23 days +37.2% $1K–$15K
0.1% of NW
30.0 ↗ filing
Alan Armstrong Senate BUY ◆ insider divergence Self 2026-03-27 116 days +102.2% $1K–$15K 89.2 ↗ eFD
Gilbert Cisneros House BUY ◆ insider divergence Self · 150 Main Street Trust > Bank of America 2026-03-13 24 days -1.4% $1K–$15K
0.1% of NW
68.9 ↗ filing
Lisa McClain House SELL ◆ insider convergence Spouse · Charles Schwab 401K > Schwab 893 2025-10-31 1 days 0.0% $1K–$15K
0.1% of NW
7.8 ↗ filing
Lisa McClain House BUY ◆ insider divergence Spouse · Charles Schwab 401K > Schwab 893 2025-10-30 2 days +2.6% $1K–$15K
0.1% of NW
33.4 ↗ filing
Lisa McClain House SELL ◆ insider convergence Spouse · Charles Schwab Brokerage Account 924 2025-10-30 2 days +2.6% $1K–$15K
0.1% of NW
28.1 ↗ filing
Byron Donalds House BUY ◆ insider divergence Spouse · Moran Wealth IRA 2025-10-09 23 days +0.3% $1K–$15K
0.3% of NW
14.0 ↗ filing
Byron Donalds House BUY ◆ insider divergence Self · Moran Wealth IRA 2025-10-09 23 days +0.3% $1K–$15K
0.3% of NW
14.0 ↗ filing
Byron Donalds House SELL ◆ insider convergence Spouse · Moran Wealth IRA 2025-09-04 27 days +11.4% $1K–$15K
0.3% of NW
17.1 ↗ filing
Byron Donalds House SELL ◆ insider convergence Self · Moran Wealth IRA 2025-09-04 27 days +11.4% $1K–$15K
0.3% of NW
17.1 ↗ filing
Lisa McClain House BUY ◆ insider divergence Spouse · Charles Schwab Brokerage Account 924 2025-08-13 19 days -0.7% $1K–$15K
0.1% of NW
63.9 ↗ filing
Dan Newhouse House SELL ◆ insider divergence Spouse · Edward Jones IRA 2025-04-11 20 days +6.6% $1K–$15K
<0.1% of NW
13.1 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Spouse 2025-04-08 27 days +23.3% $15K–$50K 29.7 ↗ filing
Rohit Khanna House BUY OCR ◆ insider convergence Child 2025-03-12 26 days -10.1% $1K–$15K 59.5 ↗ filing
Byron Donalds House BUY ◆ insider convergence Spouse · Moran Wealth IRA 2025-02-13 20 days -2.9% $1K–$15K
0.3% of NW
67.4 ↗ filing
Byron Donalds House BUY ◆ insider convergence Self · Moran Wealth IRA 2025-02-13 20 days -2.9% $1K–$15K
0.3% of NW
67.4 ↗ filing
Rob Bresnahan House SELL ◆ insider divergence Joint · Joint Ownership LPL Account 2025-01-13 0 days 0.0% $1K–$15K
0.2% of NW
64.4 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Spouse 2024-11-12 23 days -0.7% $15K–$50K 18.5 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Spouse 2024-10-25 11 days -3.0% $15K–$50K 19.1 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Child 2024-10-25 11 days -3.0% $15K–$50K 19.1 ↗ filing
Michael McCaul House SELL OCR ◆ insider divergence Spouse 2024-08-26 10 days +0.8% $1K–$15K 6.8 ↗ filing
Dan Newhouse House BUY ◆ insider convergence Spouse · Edward Jones IRA 2024-04-10 0 days — $1K–$15K
<0.1% of NW
26.5 ↗ filing
Rohit Khanna House BUY OCR ◆ insider convergence Child 2023-12-05 30 days — $1K–$15K 75.9 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Spouse 2023-08-31 5 days — $15K–$50K 28.8 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Child 2023-08-31 5 days — $15K–$50K 28.8 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Spouse 2023-08-23 13 days — $50K–$100K 53.5 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Child 2023-08-23 13 days — $15K–$50K 48.0 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Spouse 2023-08-08 28 days — $50K–$100K 94.3 ↗ filing
Michael McCaul House BUY OCR ◆ insider convergence Child 2023-08-08 28 days — $15K–$50K 90.9 ↗ filing
Dan Newhouse House BUY Self 2022-03-08 0 days — $1K–$15K
<0.1% of NW
75.9 ↗ filing
Susan Davis House BUY Spouse 2020-10-28 2 days — $1K–$15K 22.3 ↗ filing
Susan Davis House BUY Spouse 2020-03-16 2 days — $15K–$50K 56.6 ↗ filing
Donna Shalala House SELL Self 2019-06-24 6 days — $1K–$15K 75.9 ↗ filing
Susie Lee House SELL Joint 2019-04-25 6 days — $1K–$15K
0.2% of NW
15.7 ↗ filing
Susie Lee House SELL Joint 2019-03-20 12 days — $1K–$15K
0.2% of NW
22.3 ↗ filing
Susie Lee House SELL Joint 2019-03-13 19 days — $1K–$15K
0.2% of NW
40.4 ↗ filing
Susie Lee House BUY Joint 2019-02-27 2 days — $1K–$15K
0.2% of NW
75.9 ↗ filing
Carlos Curbelo House BUY Spouse 2018-08-28 10 days — $1K–$15K 75.9 ↗ filing
Susan Davis House BUY Spouse 2017-06-29 6 days — $15K–$50K 90.9 ↗ filing
Thomas MacArthur House SELL Joint 2015-05-27 5 days — $1K–$15K 22.3 ↗ filing
Thomas MacArthur House BUY Joint 2015-05-20 12 days — $1K–$15K 40.4 ↗ filing
Thomas MacArthur House BUY Joint 2015-03-20 12 days — $1K–$15K 75.9 ↗ filing

Corporate insiders · SEC Form 4 Insider Activity

What the company's own officers and directors did in FTNT — open-market purchases and sales from SEC Form 4 filings (option exercises, grants and tax withholding are excluded). This is context for the congressional activity above, never a buy/sell signal, and the two datasets are kept separate on purpose. Does convergence mean anything? →

22
Congress trades with insider convergence
10
…with insider divergence
255
Insider open-market trades

Of the congressional trades in FTNT, 22 coincided with corporate insiders moving the same way within 60 days, and 10 with insiders moving the opposite way. This is co-occurrence only — whether it carries any edge is tested honestly on the convergence page.

DateInsiderRoleTypeSizeSource
2026-11-02 Xie Michael Director SELL 10b5-1 $78K ↗ EDGAR
2026-11-02 Xie Michael Director SELL 10b5-1 $51K ↗ EDGAR
2026-11-02 Xie Michael Director SELL 10b5-1 $52K ↗ EDGAR
2026-11-02 Xie Michael Director SELL 10b5-1 $144K ↗ EDGAR
2026-11-02 Xie Michael Director SELL 10b5-1 $39K ↗ EDGAR
2026-11-02 Xie Michael Director SELL 10b5-1 $27K ↗ EDGAR
2026-11-02 Xie Michael Director SELL 10b5-1 $13K ↗ EDGAR
2026-11-02 Xie Ken C-suite SELL 10b5-1 $4.2M ↗ EDGAR
2026-11-02 Xie Ken C-suite SELL 10b5-1 $1.5M ↗ EDGAR
2026-11-02 Xie Ken C-suite SELL 10b5-1 $1.7M ↗ EDGAR
2026-11-02 Xie Ken C-suite SELL 10b5-1 $1.8M ↗ EDGAR
2026-11-02 Xie Ken C-suite SELL 10b5-1 $7.8M ↗ EDGAR
2026-11-02 Xie Ken C-suite SELL 10b5-1 $2.7M ↗ EDGAR
2026-11-02 Xie Ken C-suite SELL 10b5-1 $860K ↗ EDGAR
2026-11-02 Xie Ken C-suite SELL 10b5-1 $361K ↗ EDGAR
2026-09-24 Ohlgart Christiane C-suite SELL 10b5-1 $9K ↗ EDGAR
2026-09-15 Whittle John C-suite SELL 10b5-1 $478K ↗ EDGAR
2026-09-14 Whittle John C-suite SELL 10b5-1 $8.7M ↗ EDGAR
2026-09-14 Whittle John C-suite SELL 10b5-1 $192K ↗ EDGAR
2026-08-04 Ohlgart Christiane C-suite SELL 10b5-1 $64K ↗ EDGAR
2026-08-03 Xie Michael Director SELL 10b5-1 $112K ↗ EDGAR
2026-08-03 Xie Michael Director SELL 10b5-1 $32K ↗ EDGAR
2026-08-03 Xie Michael Director SELL 10b5-1 $232K ↗ EDGAR
2026-08-03 Xie Michael Director SELL 10b5-1 $131K ↗ EDGAR
2026-08-03 Xie Ken C-suite SELL 10b5-1 $2.9M ↗ EDGAR

Combined timeline — Congress & insiders

Both sets of trades on one timeline, newest first, so you can see when they lined up. Congress vs ◆ insider.

DateWhoTypeSize
◆ insider 2026-11-02 Xie Michael Director 10b5-1 SELL $78K
◆ insider 2026-11-02 Xie Michael Director 10b5-1 SELL $51K
◆ insider 2026-11-02 Xie Michael Director 10b5-1 SELL $52K
◆ insider 2026-11-02 Xie Michael Director 10b5-1 SELL $144K
◆ insider 2026-11-02 Xie Michael Director 10b5-1 SELL $39K
◆ insider 2026-11-02 Xie Michael Director 10b5-1 SELL $27K
◆ insider 2026-11-02 Xie Michael Director 10b5-1 SELL $13K
◆ insider 2026-11-02 Xie Ken C-suite 10b5-1 SELL $4.2M
◆ insider 2026-11-02 Xie Ken C-suite 10b5-1 SELL $1.5M
◆ insider 2026-11-02 Xie Ken C-suite 10b5-1 SELL $1.7M
◆ insider 2026-11-02 Xie Ken C-suite 10b5-1 SELL $1.8M
◆ insider 2026-11-02 Xie Ken C-suite 10b5-1 SELL $7.8M
◆ insider 2026-11-02 Xie Ken C-suite 10b5-1 SELL $2.7M
◆ insider 2026-11-02 Xie Ken C-suite 10b5-1 SELL $860K
◆ insider 2026-11-02 Xie Ken C-suite 10b5-1 SELL $361K
◆ insider 2026-09-24 Ohlgart Christiane C-suite 10b5-1 SELL $9K
◆ insider 2026-09-15 Whittle John C-suite 10b5-1 SELL $478K
◆ insider 2026-09-14 Whittle John C-suite 10b5-1 SELL $8.7M
◆ insider 2026-09-14 Whittle John C-suite 10b5-1 SELL $192K
Congress 2026-08-10 Rohit Khanna SELL $1K–$15K
◆ insider 2026-08-04 Ohlgart Christiane C-suite 10b5-1 SELL $64K
◆ insider 2026-08-03 Xie Michael Director 10b5-1 SELL $112K
◆ insider 2026-08-03 Xie Michael Director 10b5-1 SELL $32K
◆ insider 2026-08-03 Xie Michael Director 10b5-1 SELL $232K

FAQ Common questions

How much has Congress traded FTNT?

30 disclosed buys and 15 sells of FTNT (Fortinet, Inc.) appear in official congressional financial disclosures.

Is it legal for members of Congress to trade FTNT?

Members of Congress may trade stocks but must disclose it under the STOCK Act. QuantCapitol tracks those public disclosures for transparency — nothing here is an accusation of wrongdoing or investment advice.

Where does this data come from?

Official US House Clerk and Senate electronic financial disclosures. Every trade links back to its original filing so you can verify it yourself.

About this data. Sourced from official House Clerk and Senate eFD financial disclosures (Senate via a maintained community mirror — see project documentation). Transaction amounts are reported as ranges, not exact figures. Interest scores, consensus labels, and backtested performance are proprietary analytical calculations based on public data and are not investment advice. Backtested performance is a hypothetical simulation, not actual portfolio performance.