Fastly (NYSE:FSLY) CTO Sells $472,830.80 in Stock

Fastly, Inc. (NYSE:FSLY) CTO Artur Bergman sold 41,080 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $11.51, for a total value of $472,830.80. Following the completion of the sale, the chief technology officer directly owned 2,893,801 shares of the company’s stock, valued at approximately $33,307,649.51. The trade was a 1.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Friday, November 28th, Artur Bergman sold 849 shares of Fastly stock. The shares were sold at an average price of $11.82, for a total transaction of $10,035.18.
• On Monday, November 24th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $11.43, for a total transaction of $457,200.00.
• On Tuesday, November 18th, Artur Bergman sold 62,828 shares of Fastly stock. The stock was sold at an average price of $10.48, for a total transaction of $658,437.44.
• On Monday, November 17th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $10.77, for a total transaction of $430,800.00.
• On Wednesday, November 12th, Artur Bergman sold 2,718 shares of Fastly stock. The shares were sold at an average price of $12.51, for a total transaction of $34,002.18.
• On Monday, November 10th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $11.92, for a total transaction of $476,800.00.
• On Thursday, November 6th, Artur Bergman sold 220,000 shares of Fastly stock. The stock was sold at an average price of $10.67, for a total transaction of $2,347,400.00.
• On Monday, November 3rd, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $8.21, for a total value of $164,200.00.
• On Monday, October 27th, Artur Bergman sold 20,000 shares of Fastly stock. The stock was sold at an average price of $8.34, for a total value of $166,800.00.
• On Monday, October 20th, Artur Bergman sold 20,000 shares of Fastly stock. The stock was sold at an average price of $8.23, for a total value of $164,600.00.

Fastly Stock Down 1.0%

Shares of NYSE FSLY traded down $0.11 during mid-day trading on Tuesday, reaching $11.65. 3,986,153 shares of the company traded hands, compared to its average volume of 3,137,022. The company’s fifty day moving average is $9.44 and its two-hundred day moving average is $8.06. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. Fastly, Inc. has a fifty-two week low of $4.65 and a fifty-two week high of $12.59. The stock has a market cap of $1.74 billion, a PE ratio of -12.13 and a beta of 0.97.

Fastly (NYSE:FSLY) last posted its earnings results on Wednesday, November 5th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.06. The firm had revenue of $158.22 million during the quarter, compared to analyst estimates of $151.04 million. Fastly had a negative return on equity of 12.02% and a negative net margin of 23.49%.The company’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.02 EPS. Fastly has set its Q4 2025 guidance at 0.040-0.080 EPS and its FY 2025 guidance at 0.030-0.070 EPS. On average, analysts expect that Fastly, Inc. will post -0.78 earnings per share for the current year.

Analyst Ratings Changes

FSLY has been the subject of several recent analyst reports. Wall Street Zen raised shares of Fastly from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Royal Bank Of Canada boosted their target price on shares of Fastly from $7.00 to $9.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Craig Hallum raised Fastly from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a research report on Thursday, August 7th. Oppenheimer began coverage on Fastly in a research note on Monday, November 17th. They issued a “market perform” rating on the stock. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Fastly in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $10.08.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Fastly by 3.4% in the third quarter. Vanguard Group Inc. now owns 16,666,672 shares of the company’s stock valued at $142,500,000 after buying an additional 554,909 shares during the period. Legal & General Group Plc lifted its position in shares of Fastly by 3.4% in the 2nd quarter. Legal & General Group Plc now owns 8,943,224 shares of the company’s stock worth $63,139,000 after acquiring an additional 291,617 shares during the period. Penserra Capital Management LLC bought a new stake in shares of Fastly in the 3rd quarter worth approximately $61,864,000. Dimensional Fund Advisors LP grew its holdings in shares of Fastly by 2.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,137,808 shares of the company’s stock worth $35,380,000 after purchasing an additional 117,213 shares in the last quarter. Finally, Marshall Wace LLP increased its position in shares of Fastly by 115.2% during the second quarter. Marshall Wace LLP now owns 3,385,167 shares of the company’s stock valued at $23,899,000 after purchasing an additional 1,811,935 shares during the period. Institutional investors and hedge funds own 79.71% of the company’s stock.

Fastly Company Profile

Fastly, Inc operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet.