Fastly (NASDAQ:FSLY) CTO Sells $62,850.00 in Stock

Fastly, Inc. (NASDAQ:FSLYGet Free Report) CTO Artur Bergman sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $25.14, for a total value of $62,850.00. Following the completion of the sale, the chief technology officer owned 1,597,206 shares of the company’s stock, valued at $40,153,758.84. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Monday, September 14th, Artur Bergman sold 31,079 shares of Fastly stock. The stock was sold at an average price of $24.53, for a total value of $762,367.87.
  • On Wednesday, September 9th, Artur Bergman sold 8,960 shares of Fastly stock. The stock was sold at an average price of $22.72, for a total value of $203,571.20.
  • On Tuesday, September 8th, Artur Bergman sold 300 shares of Fastly stock. The shares were sold at an average price of $22.51, for a total value of $6,753.00.
  • On Thursday, September 3rd, Artur Bergman sold 18,519 shares of Fastly stock. The stock was sold at an average price of $20.90, for a total value of $387,047.10.
  • On Thursday, September 3rd, Artur Bergman sold 17,576 shares of Fastly stock. The stock was sold at an average price of $20.66, for a total value of $363,120.16.
  • On Monday, August 31st, Artur Bergman sold 6,225 shares of Fastly stock. The shares were sold at an average price of $23.00, for a total transaction of $143,175.00.
  • 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 transaction of $20,492.08.
  • 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 transaction of $783,302.64.
  • On Tuesday, August 18th, Artur Bergman sold 32,387 shares of Fastly stock. The stock was sold at an average price of $28.60, for a total transaction of $926,268.20.

Fastly Price Performance

Shares of FSLY stock opened at $23.86 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.36 and a quick ratio of 3.36. The company has a market capitalization of $3.80 billion, a PE ratio of -45.02 and a beta of 0.36. The firm’s 50-day moving average is $23.10 and its two-hundred day moving average is $22.44. Fastly, Inc. has a 12 month low of $7.74 and a 12 month high of $34.82.

Fastly (NASDAQ:FSLYGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.08. The business had revenue of $183.32 million during the quarter, compared to analysts’ expectations of $173.94 million. Fastly had a negative net margin of 11.80% and a negative return on equity of 6.31%. Fastly has set its FY 2026 guidance at 0.500-0.540 EPS and its Q3 2026 guidance at 0.110-0.130 EPS. Analysts predict that Fastly, Inc. will post -0.29 earnings per share for the current year.

More Fastly News

Here are the key news stories impacting Fastly this week:

  • Positive Sentiment: Fastly’s latest quarterly results exceeded expectations, with adjusted earnings of $0.15 per share versus the $0.07 consensus and revenue of $183.32 million versus estimates of $173.94 million. Management’s fiscal 2026 EPS guidance of $0.50–$0.54 also supports the turnaround narrative. Analysts’ average price target of $25.33 remains above the recent trading level, although the consensus rating is Hold. Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
  • Positive Sentiment: Institutional ownership remains high at approximately 79.7%, while several investment firms established or expanded positions during the second quarter. This may provide some support for the stock’s edge-cloud and artificial-intelligence growth story.
  • Neutral Sentiment: Fastly’s CTO Artur Bergman sold 2,500 shares for about $62,850 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was scheduled in advance and represented only 0.16% of his holdings, its immediate signal may be limited. Fastly CTO Artur Bergman Sells 2,500 Shares
  • Negative Sentiment: Multiple insiders sold significant amounts of stock: Scott Lovett sold 34,820 shares for approximately $830,000, while Jeffrey Ford sold 37,091 shares for about $884,000. The transactions reduced their holdings by 2.56% and 11.15%, respectively, adding selling pressure and potentially weakening investor confidence. Fastly Insider Sale Filing
  • Negative Sentiment: Recent reports also highlight repeated insider sales by CTO Artur Bergman, including a combined 31,079-share sale on September 14 and additional transactions in recent weeks. Although some sales used 10b5-1 plans, the frequency and size of the transactions may pressure FSLY. Artur Bergman Sells Fastly Shares
  • Negative Sentiment: Concerns about substantial stock-based compensation and continued GAAP losses remain an overhang. Investors may question the quality of Fastly’s adjusted profitability and the potential dilution to shareholders. Fastly: SBC Running Rampant As GAAP Profitability Remains Under Water

Institutional Investors Weigh In On Fastly

Institutional investors have recently modified their holdings of the company. First Trust Advisors LP raised its holdings in Fastly by 100.5% during the first quarter. First Trust Advisors LP now owns 7,031,952 shares of the company’s stock worth $204,349,000 after purchasing an additional 3,524,763 shares in the last quarter. Bank of America Corp DE raised its stake in Fastly by 120.0% during the 1st quarter. Bank of America Corp DE now owns 1,269,369 shares of the company’s stock worth $36,888,000 after acquiring an additional 692,459 shares in the last quarter. Wellington Management Group LLP acquired a new stake in Fastly during the 2nd quarter worth $8,696,000. SG Americas Securities LLC lifted its position in Fastly by 90.7% in the first quarter. SG Americas Securities LLC now owns 685,415 shares of the company’s stock valued at $19,918,000 after acquiring an additional 326,087 shares during the last quarter. Finally, Castleark Management LLC purchased a new stake in Fastly in the first quarter valued at $5,164,000. 79.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Freedom Capital raised Fastly to a “strong-buy” rating in a research note on Thursday, July 16th. Piper Sandler raised their price objective on Fastly from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. KeyCorp restated an “overweight” rating and issued a $30.00 price objective on shares of Fastly in a report on Friday. Canaccord Genuity Group began coverage on shares of Fastly in a research report on Friday, July 17th. They issued a “buy” rating and a $27.00 target price on the stock. Finally, Evercore reaffirmed an “outperform” rating on shares of Fastly in a research note 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, Fastly has an average rating of “Hold” and an average target price of $25.33.

Get Our Latest Research Report on FSLY

About Fastly

(Get Free Report)

Fastly, Inc is a cloud computing company that provides an edge cloud platform for delivering, securing and accelerating digital experiences. Its platform processes and serves applications, websites, APIs, streaming media and other internet content closer to end users, helping organizations improve performance, reliability and control.

Fastly’s product portfolio includes content delivery and application performance services, application programming interface (API) security, web application and bot protection, distributed denial-of-service (DDoS) mitigation, and edge compute capabilities.

See Also

Insider Buying and Selling by Quarter for Fastly (NASDAQ:FSLY)

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