Fastly, Inc. $FSLY Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in Fastly, Inc. (NYSE:FSLY) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 16,976,906 shares of the company’s stock after buying an additional 310,234 shares during the period. Vanguard Group Inc. owned approximately 0.11% of Fastly worth $172,825,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Quarry LP acquired a new position in shares of Fastly in the 3rd quarter worth $49,000. Geneos Wealth Management Inc. acquired a new position in shares of Fastly in the 1st quarter worth $52,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Fastly in the 3rd quarter worth $56,000. State of Alaska Department of Revenue acquired a new position in shares of Fastly in the 3rd quarter worth $57,000. Finally, Acadian Asset Management LLC acquired a new position in shares of Fastly in the 1st quarter worth $78,000. 79.71% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Fastly

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

Fastly Stock Performance

Shares of FSLY stock opened at $20.51 on Monday. Fastly, Inc. has a 1-year low of $6.29 and a 1-year high of $34.82. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of -21.36 and a beta of 0.49. The stock’s fifty day simple moving average is $25.51 and its 200-day simple moving average is $15.92.

Insider Activity

In other news, CTO Artur Bergman sold 275,234 shares of Fastly stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $20.56, for a total transaction of $5,658,811.04. Following the transaction, the chief technology officer owned 1,909,901 shares in the company, valued at approximately $39,267,564.56. The trade was a 12.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Scott R. Lovett sold 73,715 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $21.06, for a total value of $1,552,437.90. Following the completion of the transaction, the insider owned 1,580,513 shares in the company, valued at $33,285,603.78. This trade represents a 4.46% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,354,553 shares of company stock worth $28,004,023. 6.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. KeyCorp lifted their target price on Fastly from $14.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday. DA Davidson set a $13.00 price target on Fastly in a report on Thursday, February 12th. Citigroup lifted their price target on Fastly from $13.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday. Royal Bank Of Canada lowered their price target on Fastly to $18.00 and set a “sector perform” rating on the stock in a report on Thursday. Finally, Raymond James Financial upgraded Fastly from a “market perform” rating to an “outperform” rating and set a $23.00 price target on the stock in a report on Friday. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Fastly presently has a consensus rating of “Hold” and a consensus target price of $22.63.

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.