Fastly, Inc. (NASDAQ:FSLY – Get Free Report) CTO Artur Bergman sold 6,225 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $23.00, for a total value of $143,175.00. Following the completion of the transaction, the chief technology officer owned 1,913,825 shares of the company’s stock, valued at $44,017,975. This trade represents a 0.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Artur Bergman also recently made the following trade(s):
- 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.
- On Wednesday, August 19th, Artur Bergman sold 31,687 shares of Fastly stock. The stock was sold at an average price of $24.72, for a total value of $783,302.64.
- On Tuesday, August 18th, Artur Bergman sold 32,387 shares of Fastly stock. The shares were sold at an average price of $28.60, for a total value of $926,268.20.
Fastly Stock Performance
FSLY opened at $21.12 on Friday. 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, Inc. has a 12-month low of $7.05 and a 12-month high of $34.82. The firm has a 50 day moving average of $22.15 and a two-hundred day moving average of $22.09. The firm has a market capitalization of $3.36 billion, a PE ratio of -39.85 and a beta of 0.36.
Analyst Ratings Changes
Several analysts recently commented on FSLY shares. Canaccord Genuity Group started coverage on Fastly in a report on Friday, July 17th. They set a “buy” rating and a $27.00 target price on the stock. Piper Sandler boosted their price target on Fastly from $27.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Raymond James Financial restated an “outperform” rating and issued a $29.00 price objective on shares of Fastly in a research report on Thursday, August 6th. Freedom Capital raised shares of Fastly to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, Royal Bank Of Canada lifted their target price on shares of Fastly from $22.00 to $28.00 and gave the company a “sector perform” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fastly has a consensus rating of “Hold” and an average price target of $25.33.
Check Out Our Latest Stock Analysis on Fastly
More Fastly News
Here are the key news stories impacting Fastly this week:
- Positive Sentiment: Fastly’s record second-quarter results support the view that its edge-cloud platform may be reaching an inflection point. Revenue of $183.3 million exceeded expectations of $173.9 million, while adjusted EPS of $0.15 more than doubled the $0.07 consensus estimate. The company also maintained fiscal 2026 EPS guidance of $0.50-$0.54 and third-quarter guidance of $0.11-$0.13. Fastly: Record Q2 Confirms The Platform Inflection
- Neutral Sentiment: Fastly was included on a list of stocks with short-squeeze potential. Elevated short interest could amplify a rally if bullish momentum returns, but this is a speculative trading factor rather than a change in the company’s fundamentals. 15 Stocks to Watch With Short Squeeze Potential
- Neutral Sentiment: Analyst views remain mixed. Recent price targets generally range from $25 to $28, above recent trading levels, but the consensus rating remains “Hold,” limiting the strength of the bullish signal.
- Negative Sentiment: Fastly insiders reported roughly 99,456 shares of sales worth approximately $2.2 million. The transactions included sales by CEO Charles Lacey Compton III, CTO Artur Bergman, director Christopher Paisley and insider Scott R. Lovett. Most sales were conducted under pre-arranged Rule 10b5-1 plans, reducing their value as a discretionary bearish signal, though the concentration of selling may still pressure the stock. Fastly Insider Buying and Selling Alert
Institutional Trading of Fastly
Several institutional investors have recently bought and sold shares of FSLY. PNC Financial Services Group Inc. increased its position 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 buying an additional 633 shares in the last quarter. Sound Income Strategies LLC purchased a new position in shares of Fastly during the 1st quarter valued at approximately $44,000. EverSource Wealth Advisors LLC grew its stake 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 acquiring an additional 627 shares during the period. C M Bidwell & Associates Ltd. acquired a new stake in Fastly in the 2nd quarter valued at $72,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Fastly in the 4th quarter worth $41,000. 79.71% of the stock is owned by institutional investors and hedge funds.
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.
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