Fastly, Inc. (NASDAQ:FSLY – Get Free Report) CTO Artur Bergman sold 31,687 shares of Fastly stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $24.72, for a total transaction of $783,302.64. Following the completion of the transaction, the chief technology officer directly owned 1,973,504 shares in the company, valued at $48,785,018.88. This represents a 1.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Artur Bergman also recently made the following trade(s):
- On Tuesday, August 18th, Artur Bergman sold 32,387 shares of Fastly stock. The shares were sold at an average price of $28.60, for a total transaction of $926,268.20.
- On Wednesday, June 3rd, Artur Bergman sold 7,889 shares of Fastly stock. The shares were sold at an average price of $20.96, for a total transaction of $165,353.44.
- On Friday, May 29th, Artur Bergman sold 6,225 shares of Fastly stock. The stock was sold at an average price of $16.96, for a total transaction of $105,576.00.
- On Thursday, May 28th, Artur Bergman sold 1,077 shares of Fastly stock. The stock was sold at an average price of $17.02, for a total transaction of $18,330.54.
- On Wednesday, May 27th, Artur Bergman sold 852 shares of Fastly stock. The shares were sold at an average price of $17.50, for a total value of $14,910.00.
Fastly Price Performance
Shares of NASDAQ:FSLY opened at $24.95 on Friday. The company has a market capitalization of $3.97 billion, a PE ratio of -47.08 and a beta of 0.34. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.36 and a current ratio of 3.36. The stock has a fifty day moving average of $21.22 and a 200-day moving average of $21.26. Fastly, Inc. has a one year low of $7.05 and a one year high of $34.82.
Wall Street Analyst Weigh In
FSLY has been the topic of several recent analyst reports. Freedom Capital upgraded Fastly to a “strong-buy” rating in a report on Thursday, July 16th. Evercore reiterated an “outperform” rating on shares of Fastly in a report on Thursday, August 6th. Royal Bank Of Canada lifted their target price on shares of Fastly from $22.00 to $28.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 6th. Raymond James Financial restated an “outperform” rating and set a $29.00 price target on shares of Fastly in a report on Thursday, August 6th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Fastly in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $25.33.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of FSLY. Convergence Investment Partners LLC purchased a new stake in Fastly in the 1st quarter worth about $1,951,000. Bank of America Corp DE grew its stake in Fastly by 120.0% during the 1st quarter. Bank of America Corp DE now owns 1,269,369 shares of the company’s stock valued at $36,888,000 after acquiring an additional 692,459 shares in the last quarter. Range Financial Group LLC purchased a new position in Fastly during the 1st quarter valued at about $1,667,000. Castleark Management LLC purchased a new position in Fastly during the 1st quarter valued at about $5,164,000. Finally, Vanguard Group Inc. increased its holdings in shares of Fastly by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 16,976,906 shares of the company’s stock valued at $172,825,000 after purchasing an additional 310,234 shares during the period. Hedge funds and other institutional investors own 79.71% of the company’s stock.
More Fastly News
Here are the key news stories impacting Fastly this week:
- Positive Sentiment: Fastly’s latest quarterly results were stronger than expected. The company reported $0.15 in EPS versus the $0.07 consensus estimate and revenue of $183.32 million versus expectations of $173.94 million. Management also provided fiscal 2026 EPS guidance of $0.50 to $0.54, supporting the investment case for an improving edge-cloud business. Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
- Neutral Sentiment: CEO Charles Lacey Compton III sold 11,198 shares for approximately $276,000 on August 19, following an earlier sale of 34,552 shares. CTO Artur Bergman also sold 64,074 shares for about $1.71 million across August 18–19. These trades were made under pre-arranged Rule 10b5-1 plans, making them less reliable as signals of management’s current outlook. Fastly Insider Selling Alert
- Negative Sentiment: Fastly’s CFO Richard Wong sold 148,015 shares worth approximately $4.23 million, reducing his direct ownership by nearly 12%. Insider Scott R. Lovett sold an additional 14,936 shares for about $427,000. The concentration of sales by senior executives—roughly $7.8 million in reported transactions—could weigh on investor confidence despite the 10b5-1 plans. Fastly CFO SEC Filing
- Negative Sentiment: Shares recently fell after a report that Anthropic’s expected IPO could rival or exceed SpaceX’s record debut. The news renewed concerns that large AI companies could capture technology spending and investor attention, increasing competitive pressure on software and edge-cloud providers such as Fastly. Why Fastly Shares Are Falling Today
About Fastly
Fastly, Inc operates an edge cloud platform designed to accelerate, secure and enable modern digital experiences. The company offers a suite of services including a content delivery network (CDN), edge compute, load balancing, web application firewall (WAF) and DDoS protection. Fastly’s real-time architecture allows customers to seamlessly deploy software logic at the network edge, reducing latency by bringing applications and content closer to end users.
Founded in 2011 by Artur Bergman, Fastly has evolved from a pure-play CDN provider into a comprehensive edge cloud platform.
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