Fastly (NYSE:FSLY) CEO Sells 14,868 Shares of Stock

Fastly, Inc. (NYSE:FSLY) CEO Charles Lacey Compton III sold 14,868 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $25.00, for a total transaction of $371,700.00. Following the completion of the sale, the chief executive officer directly owned 1,030,592 shares of the company’s stock, valued at $25,764,800. This represents a 1.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Charles Lacey Compton III also recently made the following trade(s):

• On Wednesday, June 3rd, Charles Lacey Compton III sold 9,313 shares of Fastly stock. The stock was sold at an average price of $20.79, for a total transaction of $193,617.27.
• On Friday, May 29th, Charles Lacey Compton III sold 15,028 shares of Fastly stock. The shares were sold at an average price of $16.96, for a total transaction of $254,874.88.
• On Tuesday, May 19th, Charles Lacey Compton III sold 11,275 shares of Fastly stock. The stock was sold at an average price of $16.48, for a total transaction of $185,812.00.
• On Monday, May 18th, Charles Lacey Compton III sold 34,334 shares of Fastly stock. The shares were sold at an average price of $16.85, for a total transaction of $578,527.90.

Fastly Trading Down 12.9%

FSLY traded down $3.35 during trading hours on Thursday, reaching $22.68. The company’s stock had a trading volume of 12,036,219 shares, compared to its average volume of 9,928,365. The business’s 50-day moving average is $19.42 and its 200-day moving average is $19.90. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. The stock has a market cap of $3.55 billion, a PE ratio of -23.62 and a beta of 0.34. Fastly, Inc. has a fifty-two week low of $6.70 and a fifty-two week high of $34.82.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Citigroup upped their target price on shares of Fastly from $13.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Evercore restated an “outperform” rating on shares of Fastly in a report on Thursday. KeyCorp lifted their target price on shares of Fastly from $27.00 to $30.00 and gave the company an “overweight” rating in a report on Thursday. Canaccord Genuity Group initiated coverage on Fastly in a research report on Friday, July 17th. They issued a “buy” rating and a $27.00 target price on the stock. Finally, Freedom Capital upgraded Fastly to a “strong-buy” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $25.33.

Trending Headlines about Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly beat quarterly expectations and raised its outlook. Second-quarter revenue reached a record $183.3 million, up 23% year over year, while non-GAAP earnings were $0.15 per share versus the $0.07 consensus estimate. Management raised its 2026 outlook, supported by stronger operating performance and record margins. Fastly Q2 Earnings Beat as Security Growth Spurs 2026 Outlook Hike
• Positive Sentiment: Security and AI-related demand remain key growth drivers. Security revenue increased 43%, and total gross margin reached a record 65.8%, indicating improving business mix and profitability. Third-quarter revenue guidance of $184 million to $190 million and EPS guidance of $0.11 to $0.13 were above analyst expectations. Fastly Q2 Earnings Call Highlights
• Positive Sentiment: Analysts increased their targets. KeyCorp raised its target from $27 to $30 and maintained an “overweight” rating, while RBC lifted its target from $22 to $28 with a “sector perform” rating. Analyst price-target updates
• Neutral Sentiment: Fastly’s partnership with Experian’s Agent Trust ecosystem could position its edge network to help authenticate AI agents, authorize transactions and apply identity-based security policies. The opportunity strengthens the AI growth narrative, although its financial contribution remains uncertain. Fastly and Experian Agent Trust partnership
• Negative Sentiment: The shares are declining despite the results, likely reflecting “sell-the-news” activity and valuation concerns. Fastly has already delivered an exceptionally large 12-month gain, leaving the stock priced for continued strong execution. A valuation analysis cautioned that the shares may be expensive, limiting room for disappointment even after the earnings beat. Fastly Stock Looks Overvalued Despite Strong Return

Institutional Trading of Fastly

Several hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. grew its holdings in shares of Fastly by 84.6% in the first quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock valued at $40,000 after purchasing an additional 633 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in Fastly during the 1st quarter worth approximately $44,000. EverSource Wealth Advisors LLC boosted its position in Fastly by 39.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,204 shares of the company’s stock valued at $64,000 after buying an additional 627 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in Fastly in the 4th quarter valued at approximately $41,000. Finally, Align Financial LLC acquired a new position in shares of Fastly in the fourth quarter worth $41,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

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.