Fastly (NASDAQ:FSLY) CTO Sells $776,178.00 in Stock

Fastly, Inc. (NASDAQ:FSLY) CTO Artur Bergman sold 27,900 shares of the stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $27.82, for a total value of $776,178.00. Following the completion of the transaction, the chief technology officer directly owned 1,517,960 shares in the company, valued at approximately $42,229,647.20. This represents a 1.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 Wednesday, September 23rd, Artur Bergman sold 379,602 shares of Fastly stock. The stock was sold at an average price of $30.16, for a total value of $11,448,796.32.
• On Monday, September 21st, Artur Bergman sold 49,146 shares of Fastly stock. The stock was sold at an average price of $27.38, for a total value of $1,345,617.48.
• On Thursday, September 17th, Artur Bergman sold 2,200 shares of Fastly stock. The stock was sold at an average price of $25.30, for a total transaction of $55,660.00.
• On Monday, September 14th, Artur Bergman sold 31,079 shares of Fastly stock. The shares were sold at an average price of $24.53, for a total value of $762,367.87.
• On Tuesday, September 15th, Artur Bergman sold 2,500 shares of Fastly stock. The shares were sold at an average price of $25.14, for a total value of $62,850.00.
• 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 transaction 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 shares were 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 shares were sold at an average price of $20.66, for a total transaction 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.

Fastly Price Performance

Shares of NASDAQ FSLY opened at $24.96 on Friday. Fastly, Inc. has a 1 year low of $7.74 and a 1 year high of $34.82. The stock has a market capitalization of $3.98 billion, a P/E ratio of -47.09 and a beta of 0.36. The company’s 50-day moving average is $23.76 and its 200 day moving average is $22.66. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.36 and a quick ratio of 3.36.

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 business had revenue of $183.32 million during the quarter, compared to analyst estimates 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. On average, sell-side analysts expect that Fastly, Inc. will post -0.29 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on FSLY shares. Royal Bank Of Canada restated a “sector perform” rating and issued a $25.00 price target on shares of Fastly in a research note on Wednesday. DA Davidson lifted their target price on shares of Fastly from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday. Evercore reiterated an “outperform” rating on shares of Fastly in a research note on Wednesday. Freedom Broker increased their price target on Fastly from $32.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Fastly in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $26.73.

Institutional Investors Weigh In On Fastly

A number of hedge funds have recently modified their holdings of the business. First Trust Advisors LP raised its stake in Fastly by 100.5% during the 1st quarter. First Trust Advisors LP now owns 7,031,952 shares of the company’s stock worth $204,349,000 after acquiring an additional 3,524,763 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Fastly by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,741,549 shares of the company’s stock worth $79,620,000 after purchasing an additional 11,022 shares during the period. Bank of America Corp DE increased its stake in shares of Fastly by 120.0% in the first quarter. Bank of America Corp DE now owns 1,269,369 shares of the company’s stock worth $36,888,000 after purchasing an additional 692,459 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Fastly by 90.7% in the first quarter. SG Americas Securities LLC now owns 685,415 shares of the company’s stock worth $19,918,000 after purchasing an additional 326,087 shares in the last quarter. Finally, Wellington Management Group LLP bought a new stake in shares of Fastly during the 2nd quarter valued at $8,696,000. Institutional investors own 79.71% of the company’s stock.

Key Headlines Impacting Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s Investor Day outlined a 14%–21% long-term annual revenue-growth target through 2029. Management also highlighted its AI Firewall, AI Runtime Control and API Security products, which could expand Fastly’s edge-cloud and cybersecurity opportunity. Fastly Investor Day and AI security article
• Positive Sentiment: Some analysts remain constructive. Freedom Broker reportedly raised its price target to $37 from $32 and maintained a buy rating, while other analysts cited potential growth in edge computing, security and AI-related traffic.
• Positive Sentiment: Options activity was unusually strong, including substantial call buying, indicating continued speculative interest and expectations for further gains.
• Neutral Sentiment: The recent rally followed reports that Fastly helps power Meta’s Muse AI assistant. However, the stock has given back part of that move as investors took profits and broader technology stocks faced pressure from rising Treasury yields. Why Fastly shares are sliding
• Negative Sentiment: Citi analyst Fatima Boolani questioned whether AI-assistant traffic will translate into meaningful revenue and remains neutral on Fastly. That concern is weighing on the market’s enthusiasm for the AI growth narrative. Fastly AI traffic monetization concerns
• Negative Sentiment: Fastly CTO Artur Bergman sold 379,602 shares at an average price of $30.16, reducing his direct ownership by 25.01%. The sale was conducted under a pre-arranged Rule 10b5-1 plan, which limits its value as a discretionary bearish signal, but the transaction may still concern investors following the stock’s rapid advance. SEC insider sale filing

Fastly Company Profile

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.