Insider Selling: Fastly (NASDAQ:FSLY) Insider Sells $427,169.60 in Stock

Fastly, Inc. (NASDAQ:FSLY) insider Scott Lovett sold 14,936 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $28.60, for a total value of $427,169.60. Following the transaction, the insider directly owned 1,377,842 shares of the company’s stock, valued at $39,406,281.20. The trade was a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Fastly Price Performance

Shares of NASDAQ FSLY opened at $24.95 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 cap of $3.97 billion, a price-to-earnings ratio of -47.08 and a beta of 0.34. The stock’s 50-day moving average is $21.22 and its two-hundred day moving average is $21.26. Fastly, Inc. has a 1-year low of $7.05 and a 1-year high of $34.82.

Fastly (NASDAQ:FSLY) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.08. Fastly had a negative return on equity of 6.31% and a negative net margin of 11.80%.The business had revenue of $183.32 million during the quarter, compared to analysts’ expectations of $173.94 million. 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 forecast that Fastly, Inc. will post -0.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Fastly in a research report on Friday, August 7th. KeyCorp boosted their target price on shares of Fastly from $27.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Evercore reissued an “outperform” rating on shares of Fastly in a report on Thursday, August 6th. Canaccord Genuity Group began coverage on Fastly in a research note on Friday, July 17th. They issued a “buy” rating and a $27.00 price target on the stock. Finally, Royal Bank Of Canada lifted their price target on Fastly from $22.00 to $28.00 and gave the stock a “sector perform” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $25.33.

Hedge Funds Weigh In On Fastly

Several hedge funds have recently made changes to their positions in the company. Alyeska Investment Group L.P. lifted its holdings in shares of Fastly by 2,795.2% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,789,185 shares of the company’s stock valued at $48,754,000 after purchasing an additional 4,623,767 shares during the last quarter. First Trust Advisors LP grew 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 buying an additional 3,524,763 shares during the last quarter. Balyasny Asset Management L.P. grew its stake in Fastly by 3,941.1% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,329,006 shares of the company’s stock worth $9,383,000 after buying an additional 1,296,119 shares during the last quarter. T. Rowe Price Investment Management Inc. acquired a new position in Fastly during the fourth quarter worth approximately $11,657,000. Finally, Morgan Stanley increased its position in Fastly by 14.7% during the fourth quarter. Morgan Stanley now owns 8,339,234 shares of the company’s stock worth $84,893,000 after buying an additional 1,071,222 shares during the period. Hedge funds and other institutional investors own 79.71% of the company’s stock.

More Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s latest quarterly results were stronger than expected. The company reported $0.15 in EPS versus the $0.07 consensus estimate and revenue of $183.32 million versus expectations of $173.94 million. Management also provided fiscal 2026 EPS guidance of $0.50 to $0.54, supporting the investment case for an improving edge-cloud business. Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
• Neutral Sentiment: CEO Charles Lacey Compton III sold 11,198 shares for approximately $276,000 on August 19, following an earlier sale of 34,552 shares. CTO Artur Bergman also sold 64,074 shares for about $1.71 million across August 18–19. These trades were made under pre-arranged Rule 10b5-1 plans, making them less reliable as signals of management’s current outlook. Fastly Insider Selling Alert
• Negative Sentiment: Fastly’s CFO Richard Wong sold 148,015 shares worth approximately $4.23 million, reducing his direct ownership by nearly 12%. Insider Scott R. Lovett sold an additional 14,936 shares for about $427,000. The concentration of sales by senior executives—roughly $7.8 million in reported transactions—could weigh on investor confidence despite the 10b5-1 plans. Fastly CFO SEC Filing
• Negative Sentiment: Shares recently fell after a report that Anthropic’s expected IPO could rival or exceed SpaceX’s record debut. The news renewed concerns that large AI companies could capture technology spending and investor attention, increasing competitive pressure on software and edge-cloud providers such as Fastly. Why Fastly Shares Are Falling Today

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.