SBI Securities Co. Ltd. Lowers Position in Fastly, Inc. $FSLY

SBI Securities Co. Ltd. cut its holdings in shares of Fastly, Inc. (NYSE:FSLY) by 70.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 15,099 shares of the company’s stock after selling 35,363 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Fastly were worth $154,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of FSLY. Amundi grew its holdings in shares of Fastly by 11.3% during the 1st quarter. Amundi now owns 46,624 shares of the company’s stock worth $277,000 after purchasing an additional 4,724 shares during the period. AQR Capital Management LLC purchased a new position in shares of Fastly during the 1st quarter worth $837,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Fastly by 1.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 466,042 shares of the company’s stock worth $2,950,000 after purchasing an additional 6,247 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of Fastly by 963.6% during the 1st quarter. Jones Financial Companies Lllp now owns 60,838 shares of the company’s stock worth $385,000 after purchasing an additional 55,118 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Fastly by 7.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,302,164 shares of the company’s stock worth $14,573,000 after purchasing an additional 165,937 shares during the period. 79.71% of the stock is currently owned by hedge funds and other institutional investors.

Fastly Price Performance

Shares of NYSE FSLY opened at $20.51 on Monday. 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 fifty-two week low of $6.29 and a fifty-two week high of $34.82. The firm has a market capitalization of $3.21 billion, a PE ratio of -21.36 and a beta of 0.49. The stock’s 50-day simple moving average is $25.51 and its 200-day simple moving average is $15.92.

Insider Transactions at Fastly

In other news, insider Scott R. Lovett sold 41,682 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $26.45, for a total transaction of $1,102,488.90. Following the sale, the insider owned 1,503,878 shares of the company’s stock, valued at approximately $39,777,573.10. This trade represents a 2.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Charles Lacey Compton III sold 7,059 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $24.57, for a total value of $173,439.63. Following the sale, the chief executive officer directly owned 1,133,895 shares in the company, valued at $27,859,800.15. This trade represents a 0.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,354,553 shares of company stock valued at $28,004,023. Corporate insiders own 6.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on FSLY shares. Evercore started coverage on Fastly in a report on Tuesday, April 14th. They set an “outperform” rating and a $24.00 target price for the company. Royal Bank Of Canada lowered their target price on Fastly to $18.00 and set a “sector perform” rating for the company in a report on Thursday. DA Davidson set a $13.00 target price on Fastly in a report on Thursday, February 12th. Citigroup raised their target price on Fastly from $13.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday. Finally, KeyCorp raised their target price on Fastly from $14.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $22.63.

More Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly beat Q1 expectations, turning a $0.05 loss into $0.13 non-GAAP EPS while revenue rose 19.8%; management also raised full-year guidance, and security and compute revenue growth were key drivers. Fastly Announces Record First Quarter 2026 Financial Results
• Positive Sentiment: Fastly’s security revenue climbed 47% to a record $38.8 million, suggesting diversification beyond core delivery is gaining traction. Fastly’s Security Revenues Climb 47%: Is Diversification Paying Off?
• Positive Sentiment: Analysts turned more constructive after the report, with Raymond James upgrading Fastly to Outperform and Citi lifting its price target, citing an AI traffic inflection and stronger long-term potential. Raymond James Just Upgraded Fastly to Outperform: AI Traffic Inflection Powers $23 Price Target
• Neutral Sentiment: Some coverage emphasized that the company’s quarter was strong but that the stock reaction may reflect a market reassessment of growth quality rather than the headline earnings beat. FSLY Q1 Deep Dive: Security and Compute Growth Offset by Market Concerns on Outlook
• Negative Sentiment: Despite the beat, investors reacted to concerns that core delivery growth slowed and that growth may decelerate through the year, prompting several notes and price-target cuts after the earnings release. FSLY Q1 Earnings Beat Estimates on Security and Compute Growth
• Negative Sentiment: Piper Sandler cut its price target and described the quarter as more “in-line” than expected, adding to the selloff as traders worried the upside case was less compelling than the headline numbers suggested. Piper Sandler Cuts Fastly Price Target as Core Delivery Slowdown Crushes the Q1 Print

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.