Fastly (NASDAQ:FSLY) Insider Jeffrey Ford Sells 37,091 Shares

Fastly, Inc. (NASDAQ:FSLY) insider Jeffrey Ford sold 37,091 shares of the stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $23.84, for a total transaction of $884,249.44. Following the completion of the transaction, the insider directly owned 295,693 shares in the company, valued at approximately $7,049,321.12. This represents a 11.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Fastly Price Performance

Fastly stock opened at $23.86 on Friday. Fastly, Inc. has a 12 month low of $7.74 and a 12 month high of $34.82. The stock’s 50 day moving average is $23.10 and its 200-day moving average is $22.44. 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 company has a market capitalization of $3.80 billion, a price-to-earnings ratio of -45.02 and a beta of 0.36.

Fastly (NASDAQ:FSLY) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share 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 analysts’ expectations 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. Equities research analysts expect that Fastly, Inc. will post -0.29 EPS for the current year.

Institutional Trading of Fastly

Large investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC acquired a new stake in Fastly during the second quarter worth about $48,000. IFP Advisors Inc increased its holdings in Fastly by 1,621.7% in the 2nd quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock valued at $26,000 after buying an additional 1,346 shares during the period. Spark Investment Management LLC acquired a new position in shares of Fastly in the 2nd quarter valued at approximately $340,000. Nykredit A S acquired a new position in shares of Fastly in the 2nd quarter valued at approximately $77,000. Finally, AlphaGrep UK Ltd bought a new stake in shares of Fastly during the 2nd quarter worth approximately $366,000. 79.71% of the stock is owned by institutional investors and hedge funds.

Key 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

Analyst Ratings Changes

Several equities analysts recently commented on FSLY shares. Canaccord Genuity Group began coverage on shares of Fastly in a research note on Friday, July 17th. They issued a “buy” rating and a $27.00 price target on the stock. Royal Bank Of Canada boosted their price objective 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. Freedom Capital upgraded shares of Fastly to a “strong-buy” rating in a research report on Thursday, July 16th. Piper Sandler raised their target price on shares of Fastly from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Finally, Evercore reiterated an “outperform” rating on shares of Fastly in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, five have assigned 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, the company presently has an average rating of “Hold” and a consensus target price of $25.33.

About Fastly

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.