Fastly (NYSE:FSLY) CTO Artur Bergman Sells 24,532 Shares

Posted by Jeff Wilder on Mar 6th, 2026

Fastly, Inc. (NYSE:FSLY – Get Free Report) CTO Artur Bergman sold 24,532 shares of Fastly stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $21.06, for a total transaction of $516,643.92. Following the sale, the chief technology officer owned 2,149,789 shares in the company, valued at $45,274,556.34. This represents a 1.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Artur Bergman also recently made the following trade(s):

On Friday, February 27th, Artur Bergman sold 869 shares of Fastly stock. The shares were sold at an average price of $17.50, for a total value of $15,207.50.
On Monday, February 23rd, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $17.08, for a total value of $683,200.00.
On Thursday, February 19th, Artur Bergman sold 34,576 shares of Fastly stock. The shares were sold at an average price of $20.10, for a total transaction of $694,977.60.
On Thursday, February 19th, Artur Bergman sold 39,881 shares of Fastly stock. The shares were sold at an average price of $18.89, for a total transaction of $753,352.09.
On Wednesday, February 18th, Artur Bergman sold 18,338 shares of Fastly stock. The stock was sold at an average price of $17.53, for a total value of $321,465.14.
On Tuesday, February 17th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $17.53, for a total value of $701,200.00.
On Friday, February 13th, Artur Bergman sold 200,847 shares of Fastly stock. The shares were sold at an average price of $18.42, for a total transaction of $3,699,601.74.
On Friday, February 13th, Artur Bergman sold 20,128 shares of Fastly stock. The shares were sold at an average price of $18.25, for a total transaction of $367,336.00.
On Monday, February 9th, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $8.84, for a total value of $176,800.00.
On Monday, February 2nd, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $9.36, for a total value of $187,200.00.

Fastly Trading Up 3.8%

NYSE:FSLY traded up $0.78 on Friday, hitting $21.22. 6,201,658 shares of the stock were exchanged, compared to its average volume of 11,108,486. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. Fastly, Inc. has a 52 week low of $4.65 and a 52 week high of $21.75. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of -22.10 and a beta of 0.88. The company’s 50-day moving average price is $12.39 and its 200 day moving average price is $10.30.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Piper Sandler reissued a “neutral” rating and issued a $14.00 price target (up from $11.00) on shares of Fastly in a research note on Thursday, February 12th. DA Davidson set a $13.00 price objective on Fastly in a report on Thursday, February 12th. Citigroup increased their target price on Fastly from $10.00 to $13.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. KeyCorp upgraded Fastly from a “sector weight” rating to an “overweight” rating and set a $14.00 target price for the company in a research report on Monday, December 15th. Finally, Oppenheimer started coverage on Fastly in a research note on Monday, November 17th. They issued a “market perform” rating for the company. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $13.14.

Get Our Latest Research Report on Fastly

Hedge Funds Weigh In On Fastly

Several institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new stake in shares of Fastly during the fourth quarter worth $41,000. Align Financial LLC acquired a new position in Fastly in the 4th quarter worth $41,000. Byrne Asset Management LLC acquired a new position in Fastly in the 3rd quarter worth $43,000. Quarry LP bought a new position in Fastly during the 3rd quarter worth about $49,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of Fastly in the 1st quarter valued at about $52,000. 79.71% of the stock is currently owned by institutional investors and hedge funds.

About Fastly

(Get Free Report)

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.