Insider Selling: Fastly (NASDAQ:FSLY) CTO Sells $926,268.20 in Stock

Fastly, Inc. (NASDAQ:FSLY) CTO Artur Bergman sold 32,387 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $28.60, for a total transaction of $926,268.20. Following the completion of the transaction, the chief technology officer directly owned 2,005,191 shares in the company, valued at approximately $57,348,462.60. The trade was a 1.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, August 19th, Artur Bergman sold 31,687 shares of Fastly stock. The shares were sold at an average price of $24.72, for a total value of $783,302.64.
• On Wednesday, June 3rd, Artur Bergman sold 7,889 shares of Fastly stock. The stock was sold at an average price of $20.96, for a total value 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 value 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 value 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 Stock Performance

Shares of FSLY opened at $24.95 on Friday. The company has a market cap of $3.97 billion, a PE ratio of -47.08 and a beta of 0.34. The company has a current ratio of 3.36, a quick ratio of 3.36 and a debt-to-equity ratio of 0.33. The stock has a 50-day moving average price of $21.22 and a 200-day moving average price of $21.26. Fastly, Inc. has a 12-month low of $7.05 and a 12-month high of $34.82.

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

Fastly News Summary

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AlphaGrep UK Ltd purchased a new position in shares of Fastly during the second quarter worth approximately $366,000. FirstWave Capital Management LLC purchased a new stake in shares of Fastly in the 2nd quarter valued at $1,344,000. AXQ Capital LP purchased a new stake in shares of Fastly in the 2nd quarter valued at $534,000. Nykredit A S purchased a new stake in shares of Fastly in the 2nd quarter valued at $77,000. Finally, Wellington Management Group LLP bought a new position in shares of Fastly during the 2nd quarter valued at $8,696,000. 79.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

FSLY has been the topic of a number of research analyst reports. Piper Sandler increased their price target on shares of Fastly from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Fastly in a report on Friday, August 7th. Royal Bank Of Canada upped 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. KeyCorp increased their target price on Fastly from $27.00 to $30.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Finally, Raymond James Financial restated an “outperform” rating and set a $29.00 price target on shares of Fastly in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $25.33.

Fastly Company Profile

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.