Fastly (NASDAQ:FSLY) CTO Sells $1,345,617.48 in Stock

Fastly, Inc. (NASDAQ:FSLY) CTO Artur Bergman sold 49,146 shares of the business’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $27.38, for a total transaction of $1,345,617.48. Following the completion of the sale, the chief technology officer owned 1,545,860 shares in the company, valued at approximately $42,325,646.80. This trade represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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, September 22nd, Artur Bergman sold 27,900 shares of Fastly stock. The stock was sold at an average price of $27.82, for a total transaction of $776,178.00.
• On Thursday, September 17th, Artur Bergman sold 2,200 shares of Fastly stock. The shares were sold at an average price of $25.30, for a total transaction of $55,660.00.
• On Monday, September 14th, Artur Bergman sold 31,079 shares of Fastly stock. The shares were sold at an average price of $24.53, for a total transaction of $762,367.87.
• On Tuesday, September 15th, Artur Bergman sold 2,500 shares of Fastly stock. The stock was sold at an average price of $25.14, for a total transaction of $62,850.00.
• On Wednesday, September 9th, Artur Bergman sold 8,960 shares of Fastly stock. The stock was sold at an average price of $22.72, for a total transaction of $203,571.20.
• On Tuesday, September 8th, Artur Bergman sold 300 shares of Fastly stock. The shares were sold at an average price of $22.51, for a total value of $6,753.00.
• On Thursday, September 3rd, Artur Bergman sold 18,519 shares of Fastly stock. The stock was sold at an average price of $20.90, for a total value of $387,047.10.
• On Thursday, September 3rd, Artur Bergman sold 17,576 shares of Fastly stock. The stock was sold at an average price of $20.66, for a total value of $363,120.16.
• On Monday, August 31st, Artur Bergman sold 6,225 shares of Fastly stock. The shares were sold at an average price of $23.00, for a total value of $143,175.00.
• On Thursday, August 27th, Artur Bergman sold 851 shares of Fastly stock. The shares were sold at an average price of $24.08, for a total value of $20,492.08.

Fastly Trading Up 13.7%

FSLY traded up $3.57 during mid-day trading on Wednesday, hitting $29.65. 29,901,667 shares of the stock were exchanged, compared to its average volume of 9,361,164. The firm’s fifty day moving average is $23.35 and its two-hundred day moving average is $22.54. Fastly, Inc. has a 1-year low of $7.74 and a 1-year high of $34.82. The company has a market cap of $4.72 billion, a PE ratio of -55.94 and a beta of 0.36. The company has a current ratio of 3.36, a quick ratio of 3.36 and a debt-to-equity ratio of 0.33.

Fastly (NASDAQ:FSLY) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.08. Fastly had a negative net margin of 11.80% and a negative return on equity of 6.31%. The company had revenue of $183.32 million for the quarter, compared to analyst estimates of $173.94 million. Fastly has set its FY 2026 guidance at 0.500-0.540 EPS and its Q3 2026 guidance at 0.110-0.130 EPS. Equities analysts forecast that Fastly, Inc. will post -0.29 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fastly

Several hedge funds have recently made changes to their positions in FSLY. IFP Advisors Inc raised its position in Fastly by 1,621.7% in the 2nd quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock valued at $26,000 after purchasing an additional 1,346 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Fastly by 84.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after purchasing an additional 633 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Fastly during the 4th quarter worth $41,000. Sound Income Strategies LLC acquired a new position in Fastly in the first quarter valued at $44,000. Finally, Integrated Wealth Concepts LLC acquired a new position in Fastly in the second quarter valued at $48,000. Hedge funds and other institutional investors own 79.71% of the company’s stock.

Fastly News Summary

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Freedom Broker raised its price target on Fastly from $32 to $37 and upgraded the shares to “buy,” implying additional upside. Freedom Broker price target report
• Positive Sentiment: Unusually strong options activity suggests bullish near-term speculation: investors purchased 33,432 call options, approximately 187% above typical call volume.
• Positive Sentiment: Fastly is expanding beyond content delivery into a broader edge platform, including AI Firewall, AI Runtime Control and API security products. The strategy could enlarge its addressable market as businesses seek to secure and manage AI-related traffic. Fastly expands edge platform article
• Positive Sentiment: Recent quarterly results support the bullish case: revenue reached a record $183.3 million, up 23% year over year, while non-GAAP EPS of $0.15 exceeded expectations. Full-year 2026 guidance was also raised to approximately $739 million of revenue and $0.52 EPS at the midpoint. Fastly earnings and valuation article
• Neutral Sentiment: Bank of America said Fastly’s move toward an edge platform is strategically promising, but the size and timing of the AI opportunity remain uncertain. The company remains unprofitable on a trailing basis, increasing the importance of execution and margin expansion.
• Negative Sentiment: DA Davidson maintained a “neutral” rating and set a $23 price target, citing high expectations after the rally. The target is well below recent trading levels. DA Davidson Fastly price target article
• Negative Sentiment: Investor Day prompted profit-taking after the stock’s sharp advance, highlighting concerns that much of the AI and turnaround optimism may already be reflected in the valuation. Fastly rally and profit-taking article

Analyst Ratings Changes

Several research analysts recently commented on the company. DA Davidson boosted their target price on Fastly from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Wednesday. Royal Bank Of Canada reissued a “sector perform” rating and set a $25.00 price objective on shares of Fastly in a research report on Wednesday. KeyCorp restated an “overweight” rating and set a $30.00 target price on shares of Fastly in a research note on Friday, September 18th. Evercore reiterated an “outperform” rating on shares of Fastly in a research note on Wednesday. Finally, Canaccord Genuity Group assumed coverage on shares of Fastly in a research report on Friday, July 17th. They issued a “buy” rating and a $27.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Fastly presently has a consensus rating of “Hold” and a consensus price target of $26.73.

About Fastly

Fastly, Inc is a cloud computing company that provides an edge cloud platform for delivering, securing and accelerating digital experiences. Its platform processes and serves applications, websites, APIs, streaming media and other internet content closer to end users, helping organizations improve performance, reliability and control.

Fastly’s product portfolio includes content delivery and application performance services, application programming interface (API) security, web application and bot protection, distributed denial-of-service (DDoS) mitigation, and edge compute capabilities.