Universal Beteiligungs und Servicegesellschaft mbH reduces stock holdings in Fortinet, Inc. $FTNT

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Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in Fortinet, Inc. during the fourth quarter, selling 74,095 shares and now owning 755,286 shares valued at $60.2 million. Other institutional investors adjusted their positions, with some increasing and others purchasing new shares in the cybersecurity company. Fortinet recently reported strong Q4 earnings, surpassing analyst expectations, and has a current market capitalization of $64.44 billion.

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