SEB Asset Management AB Invests $25.91 Million in Fortinet, Inc. $FTNT
SEB Asset Management AB recently invested $25.91 million in Fortinet, Inc. by purchasing 317,070 shares in the first quarter. This comes as Fortinet reported strong quarterly results, exceeding analyst expectations for both EPS and revenue, with revenue growing 20.1% year-over-year. Despite some insider selling, …