Fastly, Inc. (NYSE:FSLY – Get Free Report) CEO Charles Lacey Compton III sold 14,868 shares of Fastly stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $25.00, for a total value of $371,700.00. Following the sale, the chief executive officer directly owned 1,030,592 shares of the company’s stock, valued at $25,764,800. This represents a 1.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Charles Lacey Compton III also recently made the following trade(s):
- On Wednesday, June 3rd, Charles Lacey Compton III sold 9,313 shares of Fastly stock. The stock was sold at an average price of $20.79, for a total transaction of $193,617.27.
- On Friday, May 29th, Charles Lacey Compton III sold 15,028 shares of Fastly stock. The stock was sold at an average price of $16.96, for a total value of $254,874.88.
- On Tuesday, May 19th, Charles Lacey Compton III sold 11,275 shares of Fastly stock. The stock was sold at an average price of $16.48, for a total value of $185,812.00.
- On Monday, May 18th, Charles Lacey Compton III sold 34,334 shares of Fastly stock. The shares were sold at an average price of $16.85, for a total transaction of $578,527.90.
Fastly Trading Up 1.2%
Shares of Fastly stock opened at $22.96 on Friday. The firm’s 50 day moving average is $19.64 and its 200 day moving average is $20.01. The firm has a market capitalization of $3.59 billion, a PE ratio of -23.92 and a beta of 0.34. Fastly, Inc. has a 1 year low of $6.70 and a 1 year high of $34.82. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.
Key Headlines Impacting Fastly
- Positive Sentiment: Fastly reported record second-quarter revenue of $183.3 million, up 23% year over year. Non-GAAP earnings of $0.15 per share more than doubled the $0.07 consensus estimate, while security revenue surged 43% on demand related to AI traffic protection. Gross margin also reached a record 65.8%. Fastly Q2 Earnings Beat as Security Growth Spurs 2026 Outlook Hike
- Positive Sentiment: The edge-cloud company raised its 2026 outlook, including adjusted earnings guidance of $0.50 to $0.54 per share. Third-quarter revenue guidance of $184 million to $190 million and adjusted EPS guidance of $0.11 to $0.13 also exceeded expectations, supporting the view that Fastly’s improved profitability and security growth are continuing. Fastly Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Analysts responded by raising price targets: KeyBanc lifted its target from $27 to $30 while maintaining an overweight rating, and RBC increased its target from $22 to $28 with a sector-perform rating. The revisions reinforce expectations for further execution in security and AI-related traffic services.
- Neutral Sentiment: Fastly’s results highlighted strong security and AI-driven demand, but customer concentration remains a risk. A small number of large customers could make revenue growth more volatile if spending patterns change.
- Negative Sentiment: Despite the earnings beat and higher outlook, the stock initially declined after the report, suggesting investors may have expected an even stronger result. Following a substantial prior-year rally, valuation appears demanding and leaves less room for execution or guidance disappointments. Fastly Stock Looks Overvalued Despite a Strong Return
- Negative Sentiment: CEO Charles Lacey Compton III sold 14,868 shares for approximately $371,700, reducing his direct ownership by 1.42%. The sale was made under a pre-arranged Rule 10b5-1 plan, which limits its significance, but it may still create modest short-term selling pressure. Fastly CEO Insider Sale
Analysts Set New Price Targets
Several research firms recently weighed in on FSLY. Freedom Capital raised Fastly to a “strong-buy” rating in a report on Thursday, July 16th. Canaccord Genuity Group assumed coverage on Fastly in a research note on Friday, July 17th. They set a “buy” rating and a $27.00 price target on the stock. Raymond James Financial restated an “outperform” rating and set a $29.00 price target on shares of Fastly in a report on Thursday. Citigroup upped their price objective on Fastly from $13.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, Piper Sandler lifted their target price on shares of Fastly from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Fastly has a consensus rating of “Hold” and an average price target of $25.33.
View Our Latest Report on FSLY
Institutional Investors Weigh In On Fastly
Institutional investors and hedge funds have recently made changes to their positions in the stock. Amundi raised its holdings in Fastly by 11.3% during the 1st quarter. Amundi now owns 46,624 shares of the company’s stock worth $277,000 after purchasing an additional 4,724 shares during the last quarter. AQR Capital Management LLC acquired a new stake in shares of Fastly during the first quarter worth $837,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Fastly by 1.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 466,042 shares of the company’s stock worth $2,950,000 after buying an additional 6,247 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Fastly by 963.6% during the first quarter. Jones Financial Companies Lllp now owns 60,838 shares of the company’s stock worth $385,000 after buying an additional 55,118 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Fastly by 7.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,302,164 shares of the company’s stock valued at $14,573,000 after buying an additional 165,937 shares during the period. Institutional investors and hedge funds own 79.71% of the company’s stock.
About Fastly
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.
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