FTNTFortinet, Inc.Technology · Software - Infrastructureas of 2026-09-25
Horizon

Issued 2026-09-25 at $173.46 · now $173.46 (2026-09-25, +0.0% since)

Based on its own history, a month from the 2026-09-25 close, FTNT has typically landed between $147.50 and $204.48 — a range of −15.0% to +17.9% from the issuance price $173.46.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

4,217 overlapping 1 month windows · 2009-11-18 – 2026-08-26 · basis climatology · forecast (batch). Base rate up 53.7% (90% CI 51.5–55.9%, ≈1,391 obs). Not a call on this stock — we have no evidence its odds differ.

The cone is anchored at the 2026-09-25 issuance close ($173.46) — the price the forecast resolves against on 2026-10-26, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where FTNT has typically landed a month from the 2026-09-25 close of $173.46 — the range is history, not a prediction.

$147.5worst · -15.0%$204.48best · +17.9%
  • now $173.46 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $176.11 (+1.5%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $165.36–$186.87
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $147.5–$204.48
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 4,217 windows spanning 2009-11-18 to 2026-09-25. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2020-02-13−36.4%−36.4%+0.3%
2020-02-18−36.0%−36.6%+0.0%
2011-07-08−35.8%−35.8%+0.0%
3 best
2026-04-30+74.5%+0.0%+74.5%
2026-05-01+72.5%+0.0%+72.5%
2026-05-05+66.4%+0.0%+66.4%

4,217 overlapping windows · 2009-11-18 – 2026-09-25 · not cherry-picked

Fundamentals iCompany financials — revenue, earnings, margins — from the newest filings shown, each carried with its date.iAs-reported figures and standard ratios from FMP, as of 2026-07-25. Revenue, net income and free cash flow can toggle annual or quarterly; margin, ROE and debt-to-equity are shown by fiscal year. We report the figures and the trend — no target price and no over/under-valued call. More on /methodology.

$111.6B
market cap
$2.59
EPS (TTM)
58.8
P/E (TTM)
2026-07-29
next earnings
Revenue$6.8B
'20'25
Net income$1.9B
'20'25
Free cash flow$2.2B
'20'25
Net margin · by yr27.3%
'20'25
ROE · by yr149.8%
'20'25
Debt / equity · by yr0.81
'20'25

Fair value — three views iIndependent reference estimates of worth (a cash-flow model, peer multiples, analyst targets), shown as separate views — not a single verdict.

iThree independent estimates of per-share value, each by a different method and each with its own assumptions: a discounted-cash-flow intrinsic value, a peer comparable (the median trailing P/E of 80 sector peers times this company's trailing EPS), and the analyst price-target consensus. They routinely disagree — that gap is the point. We show the three marks and the current price; we do not blend them into a single number or call the stock over- or under-valued. Marks as of the latest capture. More on /methodology.
now $173.46$68.24$194.72
  • DCF (intrinsic)$76.96
  • Peer P/E × EPS · sector median 34.2× · n=80$88.59
  • Analyst target · range $80.00–$186.00$109.50
  • Current price · last close 2026-09-25$173.46

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~17 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
71%
+4.2%
n=17
Feb
82%
+7.7%
n=17
Mar
59%
+2.0%
n=17
Apr
65%
+0.7%
n=17
May
65%
+5.0%
n=17
Jun
71%
+3.3%
n=17
Jul
71%
+3.2%
n=17
Aug
53%
+1.8%
n=17
Sep
53%
−0.3%
n=17
Oct
56%
+2.5%
n=16
Nov
56%
+2.4%
n=16
Dec
59%
+2.4%
n=17

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$179$752026-09-24: 1 insider sale, $9K — Ohlgart Christiane2026-09-15: 1 insider sale, $478K — Whittle John2026-09-14: 2 insider sales, $8.9M — Whittle John …2026-08-04: 1 insider sale, $64K — Ohlgart Christiane2026-08-03: 10 insider sales, $26.8M — Xie Ken, Xie Michael …2026-06-03: 5 insider sales, $572K — Xie Michael …2026-06-02: 8 insider sales, $23.4M — Xie Ken …2026-05-21: 3 insider sales, $18.7M — Whittle John …2026-05-20: 1 insider sale, $31K — Ohlgart Christiane2026-05-14: 1 insider sale, $91K — Ohlgart Christiane2026-05-11: 1 insider sale, $27K — Ohlgart Christiane2026-05-07: 1 insider sale, $83K — Ohlgart Christiane2026-05-05: 1 insider sale, $53K — Ohlgart Christiane2026-05-04: 8 insider sales, $696K — Xie Ken, Xie Michael …2026-02-03: 1 insider sale, $41K — Ohlgart Christiane2026-02-02: 6 insider sales, $42.2M — Xie Michael, Xie Ken …2025-11-04: 1 insider sale, $10K — Ohlgart Christiane2025-11-03: 6 insider sales, $14.0M — Xie Ken, Xie Michael …2025-08: 7 open-market sales, $62.6M2025-11: 7 open-market sales, $14.0M2026-02: 7 open-market sales, $42.3M2026-05: 16 open-market sales, $19.7M2026-06: 13 open-market sales, $24.0M2026-08: 11 open-market sales, $26.8M2026-09: 4 open-market sales, $9.4M↑ buys↓ salesofficer Ohlgart Christiane — Sale on 2026-09-24, filed 1 day after the tradeofficer Whittle John — Sale on 2026-09-15, filed 1 day after the tradeofficer Whittle John — Sale on 2026-09-14, filed 2 days after the tradeofficer Whittle John — Sale on 2026-09-14, filed 2 days after the tradeofficer Ohlgart Christiane — Sale on 2026-08-04, filed same daydirector Xie Ken — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Ken — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Ken — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Ken — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Ken — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Michael — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Michael — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Michael — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Michael — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Ken — Sale on 2026-08-03, filed 1 day after the tradedirector Xie Michael — Sale on 2026-06-03, filed same daydirector Xie Michael — Sale on 2026-06-03, filed same daydirector Xie Michael — Sale on 2026-06-03, filed same daydirector Xie Michael — Sale on 2026-06-03, filed same daydirector Xie Michael — Sale on 2026-06-03, filed same daydirector Xie Ken — Sale on 2026-06-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-06-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-06-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-06-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-06-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-06-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-06-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-06-02, filed 1 day after the tradeofficer Whittle John — Sale on 2026-05-21, filed 1 day after the tradeofficer Whittle John — Sale on 2026-05-21, filed 1 day after the tradeofficer Whittle John — Sale on 2026-05-21, filed 1 day after the tradeofficer Ohlgart Christiane — Sale on 2026-05-20, filed same dayofficer Ohlgart Christiane — Sale on 2026-05-14, filed 1 day after the tradeofficer Ohlgart Christiane — Sale on 2026-05-11, filed 2 days after the tradeofficer Ohlgart Christiane — Sale on 2026-05-07, filed 1 day after the tradeofficer Ohlgart Christiane — Sale on 2026-05-05, filed same daydirector Xie Ken — Sale on 2026-05-04, filed 1 day after the tradedirector Xie Michael — Sale on 2026-05-04, filed 1 day after the tradedirector Xie Ken — Sale on 2026-05-04, filed 1 day after the tradedirector Xie Ken — Sale on 2026-05-04, filed 1 day after the tradedirector Xie Michael — Sale on 2026-05-04, filed 1 day after the tradedirector Xie Michael — Sale on 2026-05-04, filed 1 day after the tradedirector Xie Ken — Sale on 2026-05-04, filed 1 day after the tradedirector Xie Michael — Sale on 2026-05-04, filed 1 day after the tradeofficer Ohlgart Christiane — Sale on 2026-02-03, filed same daydirector Xie Michael — Sale on 2026-02-02, filed 1 day after the tradedirector Xie Michael — Sale on 2026-02-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-02-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-02-02, filed 1 day after the tradedirector Xie Michael — Sale on 2026-02-02, filed 1 day after the tradedirector Xie Ken — Sale on 2026-02-02, filed 1 day after the tradeofficer Ohlgart Christiane — Sale on 2025-11-04, filed same daydirector Xie Ken — Sale on 2025-11-03, filed 1 day after the tradedirector Xie Ken — Sale on 2025-11-03, filed 1 day after the tradedirector Xie Ken — Sale on 2025-11-03, filed 1 day after the tradedirector Xie Michael — Sale on 2025-11-03, filed 1 day after the tradedirector Xie Michael — Sale on 2025-11-03, filed 1 day after the tradedirector Xie Michael — Sale on 2025-11-03, filed 1 day after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-24Ohlgart ChristianeofficerSale48 @ $180.00$9K−0.5% of holdingnot yet — horizon still opennot yet — horizon still open10,345Form 4 · filed 1 day after the trade
2026-09-15Whittle JohnofficerSale2,835 @ $168.74$478K−2.8% of holdingnot yet — horizon still opennot yet — horizon still open96,987Form 4 · filed 1 day after the trade
2026-09-14Whittle JohnofficerSale52,707 @ $165.43$8.7M−34.9% of holdingnot yet — horizon still opennot yet — horizon still open98,145Form 4 · filed 2 days after the trade
2026-09-14Whittle JohnofficerSale1,158 @ $166.02$192K−1.2% of holdingnot yet — horizon still opennot yet — horizon still open96,987Form 4 · filed 2 days after the trade
2026-08-04Ohlgart ChristianeofficerSale387 @ $164.59$64K−3.6% of holding−7.4%not yet — horizon still open10,393Form 4 · filed same day
2026-08-03Xie KendirectorSale67,971 @ $163.08$11.1M−0.1% of holding−1.4%not yet — horizon still open53,020,477Form 4 · filed 1 day after the trade
2026-08-03Xie KendirectorSale47,943 @ $163.91$7.9M−0.1% of holding−1.4%not yet — horizon still open52,972,534Form 4 · filed 1 day after the trade
2026-08-03Xie KendirectorSale19,647 @ $160.82$3.2M−0.0% of holding−1.4%not yet — horizon still open53,095,798Form 4 · filed 1 day after the trade
2026-08-03Xie KendirectorSale18,409 @ $160.14$2.9M−0.0% of holding−1.4%not yet — horizon still open53,115,445Form 4 · filed 1 day after the trade
2026-08-03Xie KendirectorSale7,350 @ $161.82$1.2M−0.0% of holding−1.4%not yet — horizon still open53,088,448Form 4 · filed 1 day after the trade
2026-08-03Xie MichaeldirectorSale1,421 @ $163.12$232K−0.0% of holding−1.4%not yet — horizon still open9,919,160Form 4 · filed 1 day after the trade
2026-08-03Xie MichaeldirectorSale800 @ $163.98$131K−0.0% of holding−1.4%not yet — horizon still open9,918,360Form 4 · filed 1 day after the trade
2026-08-03Xie MichaeldirectorSale700 @ $160.36$112K−0.0% of holding−1.4%not yet — horizon still open9,920,781Form 4 · filed 1 day after the trade
2026-08-03Xie MichaeldirectorSale200 @ $161.75$32K−0.0% of holding−1.4%not yet — horizon still open9,920,581Form 4 · filed 1 day after the trade
2026-08-03Xie KendirectorSale162 @ $164.49$27K−0.0% of holding−1.4%not yet — horizon still open52,972,372Form 4 · filed 1 day after the trade
2026-06-03Xie MichaeldirectorSale2,337 @ $146.55$342K−0.0% of holding+11.0%not yet — horizon still open9,924,306Form 4 · filed same day
2026-06-03Xie MichaeldirectorSale564 @ $147.71$83K−0.0% of holding+11.0%not yet — horizon still open9,923,742Form 4 · filed same day
2026-06-03Xie MichaeldirectorSale464 @ $144.46$67K−0.0% of holding+11.0%not yet — horizon still open9,927,053Form 4 · filed same day
2026-06-03Xie MichaeldirectorSale410 @ $145.72$60K−0.0% of holding+11.0%not yet — horizon still open9,926,643Form 4 · filed same day
2026-06-03Xie MichaeldirectorSale132 @ $148.30$20K−0.0% of holding+11.0%not yet — horizon still open9,923,610Form 4 · filed same day
2026-06-02Xie KendirectorSale39,854 @ $144.29$5.8M−0.1% of holding+6.7%not yet — horizon still open53,063,642Form 4 · filed 1 day after the trade
2026-06-02Xie KendirectorSale37,540 @ $146.36$5.5M−0.1% of holding+6.7%not yet — horizon still open53,013,281Form 4 · filed 1 day after the trade
2026-06-02Xie KendirectorSale19,867 @ $143.43$2.8M−0.0% of holding+6.7%not yet — horizon still open53,103,496Form 4 · filed 1 day after the trade
2026-06-02Xie KendirectorSale18,492 @ $148.24$2.7M−0.0% of holding+6.7%not yet — horizon still open52,980,999Form 4 · filed 1 day after the trade
2026-06-02Xie KendirectorSale13,790 @ $147.37$2.0M−0.0% of holding+6.7%not yet — horizon still open52,999,491Form 4 · filed 1 day after the trade
2026-06-02Xie KendirectorSale12,821 @ $145.04$1.9M−0.0% of holding+6.7%not yet — horizon still open53,050,821Form 4 · filed 1 day after the trade
2026-06-02Xie KendirectorSale9,641 @ $142.37$1.4M−0.0% of holding+6.7%not yet — horizon still open53,123,363Form 4 · filed 1 day after the trade
2026-06-02Xie KendirectorSale8,627 @ $148.94$1.3M−0.0% of holding+6.7%not yet — horizon still open52,972,372Form 4 · filed 1 day after the trade
2026-05-21Whittle JohnofficerSale86,820 @ $128.15$11.1M−36.1% of holding+15.3%not yet — horizon still open153,919Form 4 · filed 1 day after the trade
2026-05-21Whittle JohnofficerSale54,979 @ $128.74$7.1M−35.7% of holding+15.3%not yet — horizon still open98,940Form 4 · filed 1 day after the trade
2026-05-21Whittle JohnofficerSale4,216 @ $129.55$546K−4.3% of holding+15.3%not yet — horizon still open94,724Form 4 · filed 1 day after the trade
2026-05-20Ohlgart ChristianeofficerSale238 @ $130.00$31K−2.6% of holding+11.2%not yet — horizon still open8,824Form 4 · filed same day
2026-05-14Ohlgart ChristianeofficerSale756 @ $120.00$91K−7.7% of holding+21.8%not yet — horizon still open9,062Form 4 · filed 1 day after the trade
2026-05-11Ohlgart ChristianeofficerSale238 @ $115.00$27K−2.4% of holding+22.2%not yet — horizon still open9,818Form 4 · filed 2 days after the trade
2026-05-07Ohlgart ChristianeofficerSale756 @ $110.00$83K−7.0% of holding+31.4%not yet — horizon still open10,056Form 4 · filed 1 day after the trade
2026-05-05Ohlgart ChristianeofficerSale596 @ $89.70$53K−5.2% of holding+61.8%not yet — horizon still open10,812Form 4 · filed same day
2026-05-04Xie KendirectorSale4,383 @ $89.12$391K−0.0% of holding+59.1%not yet — horizon still open52,978,141Form 4 · filed 1 day after the trade
2026-05-04Xie MichaeldirectorSale2,028 @ $89.12$181K−0.0% of holding+59.1%not yet — horizon still open9,927,580Form 4 · filed 1 day after the trade
2026-05-04Xie KendirectorSale425 @ $88.09$37K−0.0% of holding+59.1%not yet — horizon still open52,982,524Form 4 · filed 1 day after the trade
2026-05-04Xie KendirectorSale410 @ $87.04$36K−0.0% of holding+59.1%not yet — horizon still open52,982,949Form 4 · filed 1 day after the trade
2026-05-04Xie MichaeldirectorSale197 @ $88.09$17K−0.0% of holding+59.1%not yet — horizon still open9,929,608Form 4 · filed 1 day after the trade
2026-05-04Xie MichaeldirectorSale190 @ $87.04$17K−0.0% of holding+59.1%not yet — horizon still open9,929,805Form 4 · filed 1 day after the trade
2026-05-04Xie KendirectorSale137 @ $89.61$12K−0.0% of holding+59.1%not yet — horizon still open52,978,004Form 4 · filed 1 day after the trade
2026-05-04Xie MichaeldirectorSale63 @ $89.61$6K−0.0% of holding+59.1%not yet — horizon still open9,927,517Form 4 · filed 1 day after the trade
2026-02-03Ohlgart ChristianeofficerSale507 @ $80.73$41K−5.8% of holding+7.6%+94.7%8,247Form 4 · filed same day
2026-02-02Xie MichaeldirectorSale204,282 @ $81.64$16.7M−2.0% of holding+3.3%+95.5%10,219,728Form 4 · filed 1 day after the trade
2026-02-02Xie MichaeldirectorSale129,378 @ $81.01$10.5M−1.2% of holding+3.3%+95.5%10,424,010Form 4 · filed 1 day after the trade
2026-02-02Xie KendirectorSale94,170 @ $81.72$7.7M−0.2% of holding+3.3%+95.5%51,397,560Form 4 · filed 1 day after the trade
2026-02-02Xie KendirectorSale80,392 @ $81.06$6.5M−0.2% of holding+3.3%+95.5%51,491,730Form 4 · filed 1 day after the trade
2026-02-02Xie MichaeldirectorSale9,446 @ $82.28$777K−0.1% of holding+3.3%+95.5%10,210,282Form 4 · filed 1 day after the trade
2026-02-02Xie KendirectorSale1,175 @ $82.33$97K−0.0% of holding+3.3%+95.5%51,396,385Form 4 · filed 1 day after the trade
2025-11-04Ohlgart ChristianeofficerSale110 @ $86.50$10K−1.6% of holding−1.4%+17.7%6,724Form 4 · filed same day
2025-11-03Xie KendirectorSale60,146 @ $87.33$5.3M−0.1% of holding−5.5%−5.2%51,391,879Form 4 · filed 1 day after the trade
2025-11-03Xie KendirectorSale57,868 @ $86.36$5.0M−0.1% of holding−5.5%−5.2%51,452,025Form 4 · filed 1 day after the trade
2025-11-03Xie KendirectorSale40,471 @ $85.50$3.5M−0.1% of holding−5.5%−5.2%51,509,893Form 4 · filed 1 day after the trade
2025-11-03Xie MichaeldirectorSale1,642 @ $86.42$142K−0.0% of holding−5.5%−5.2%10,493,222Form 4 · filed 1 day after the trade
2025-11-03Xie MichaeldirectorSale1,204 @ $87.35$105K−0.0% of holding−5.5%−5.2%10,492,018Form 4 · filed 1 day after the trade
2025-11-03Xie MichaeldirectorSale700 @ $85.37$60K−0.0% of holding−5.5%−5.2%10,494,864Form 4 · filed 1 day after the trade
2025-08-05Ohlgart ChristianeofficerSale110 @ $98.45$11K−1.7% of holding−23.9%−25.6%6,393Form 4 · filed same day
2025-08-04Xie MichaeldirectorSale387,223 @ $98.43$38.1M−3.8% of holding−24.3%−29.4%9,805,833Form 4 · filed 1 day after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

235 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-09-15Whittle JohnofficerOption exercise2,83599,822Form 4
2026-09-15Whittle JohnofficerOption exercise2,8350Form 4
2026-09-14Whittle JohnofficerOption exercise53,865150,852Form 4
2026-09-14Whittle JohnofficerOption exercise53,8652,835Form 4
2026-08-12Hsieh MingdirectorAward / grant1,8361,836Form 4
2026-08-12Kan Derek T.directorAward / grant1,8361,836Form 4
2026-08-12Napolitano JanetdirectorAward / grant1,8361,836Form 4
2026-08-12STAVRIDIS JAMES G.directorAward / grant1,8361,836Form 4
2026-08-12GOLDMAN KENNETH AdirectorAward / grant1,8361,836Form 4
2026-08-12Sim JudithdirectorAward / grant1,8361,836Form 4
2026-08-12Hu Jean X.directorAward / grant1,8361,836Form 4
2026-08-03Xie KendirectorOption exercise155,00053,133,854Form 4
2026-08-03Xie KendirectorOption exercise155,000306,470Form 4
2026-08-01Xie KendirectorWithheld for tax6,61152,978,854Form 4
2026-08-01Xie MichaeldirectorWithheld for tax3,1859,921,481Form 4
2026-08-01Whittle JohnofficerWithheld for tax2,31096,987Form 4
2026-08-01Ohlgart ChristianeofficerWithheld for tax58110,780Form 4
2026-08-01Xie KendirectorOption exercise4,55852,983,190Form 4
2026-08-01Xie MichaeldirectorOption exercise2,24213,454Form 4
2026-08-01Ohlgart ChristianeofficerOption exercise6506,501Form 4
2026-08-01Xie MichaeldirectorOption exercise2,2429,923,366Form 4
2026-08-01Xie MichaeldirectorOption exercise2,7649,921,124Form 4
2026-08-01Whittle JohnofficerOption exercise1,6083,217Form 4
2026-08-01Xie MichaeldirectorOption exercise1,3009,924,666Form 4
2026-08-01Ohlgart ChristianeofficerOption exercise6844,794Form 4
2026-08-01Whittle JohnofficerOption exercise1,82798,159Form 4
2026-08-01Xie MichaeldirectorOption exercise1,30013,002Form 4
2026-08-01Xie KendirectorOption exercise6,26052,978,632Form 4
2026-08-01Whittle JohnofficerOption exercise1,60896,332Form 4
2026-08-01Xie MichaeldirectorOption exercise2,7645,527Form 4
2026-08-01Whittle JohnofficerOption exercise1,13899,297Form 4
2026-08-01Xie KendirectorOption exercise2,27522,754Form 4
2026-08-01Xie KendirectorOption exercise4,55827,346Form 4
2026-08-01Ohlgart ChristianeofficerOption exercise30011,361Form 4
2026-08-01Whittle JohnofficerOption exercise1,82710,961Form 4
2026-08-01Xie KendirectorOption exercise6,26012,520Form 4
2026-08-01Ohlgart ChristianeofficerOption exercise3003,308Form 4
2026-08-01Ohlgart ChristianeofficerOption exercise6849,509Form 4
2026-08-01Ohlgart ChristianeofficerOption exercise65010,159Form 4
2026-08-01Xie KendirectorOption exercise2,27552,985,465Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures iStock trades disclosed by members of Congress for this company, by the date they were filed.iDisclosures shown as facts. A purchase “cluster” (≥2 members of Congress filing a buy within 90 days) has historically preceded modestly higher forward returns — and it persisted out-of-sample, though it roughly halved after 2021 (see below). A descriptive historical tendency, not a signal to trade and not used in our forecast. See /methodology.

As of 2026-09-25 · point-in-time by filed date

Purchase clusters · 2015–2021 (dev)+45 bp/mo vs baseline · up-rate 59.3% vs 57.3% · n=31,607 cluster ticker-weeks
Purchase clusters · 2022–2026 (out-of-sample)+32 bp/mo vs baseline · up-rate 54.0% vs 53.3% · n=27,793

A cluster = ≥2 members of Congress filing a purchase within 90 days. The historical tilt persisted after 2021 but roughly halved (+45 → +32 bp/mo forward 1-month vs the S&P 500 weekly-grid baseline). Descriptive historical tendency — not a signal to trade, and not used in our forecast (audition-log 2026-07-27, recomputed 2026-09-08).

'23 Q'24 Q'24 Q'24 Q'24 Q'25 Q'25 Q'25 Q'25 Q'26 Q'26 Q'26 Qpurchases ▲ / sales ▼ ($ vol)
MemberChamberTypeFiledTradedSize
Alan ArmstrongSenatepurchase2026-07-212026-03-27$1–15K
Dan NewhouseHousesale2026-07-172026-07-10$1–15K
Ro KhannaHousepurchase2026-05-112026-04-13$1–15K
Gilbert CisnerosHousesale2026-05-082026-04-14$1–15K
Gilbert CisnerosHousepurchase2026-04-072026-03-13$1–15K
Ro KhannaHousepurchase2026-03-092026-02-17$1–15K
Ro KhannaHousesale2026-03-092026-02-24$1–15K
Ro KhannaHousesale2026-03-092026-02-05$1–15K
Ro KhannaHousepurchase2026-02-062026-01-29$1–15K
Ro KhannaHousepurchase2026-02-062026-01-13$1–15K
Ro KhannaHousepurchase2026-02-062026-01-23$1–15K
Ro KhannaHousepurchase2025-12-082025-11-10$1–15K
Lisa McclainHousesale2025-11-212025-10-30$1–15K
Lisa McclainHousesale2025-11-212025-10-31$1–15K

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.