Fastly (NASDAQ:FSLY) CTO Artur Bergman Sells 6,225 Shares of Stock

Fastly, Inc. (NASDAQ:FSLYGet Free Report) CTO Artur Bergman sold 6,225 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $23.00, for a total transaction of $143,175.00. Following the completion of the transaction, the chief technology officer owned 1,913,825 shares of the company’s stock, valued at $44,017,975. This trade represents a 0.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Thursday, August 27th, Artur Bergman sold 851 shares of Fastly stock. The shares were sold at an average price of $24.08, for a total transaction of $20,492.08.
  • On Wednesday, August 19th, Artur Bergman sold 31,687 shares of Fastly stock. The stock was sold at an average price of $24.72, for a total value of $783,302.64.
  • On Tuesday, August 18th, Artur Bergman sold 32,387 shares of Fastly stock. The stock was sold at an average price of $28.60, for a total value of $926,268.20.

Fastly Stock Performance

Shares of NASDAQ FSLY opened at $20.43 on Thursday. The stock has a fifty day moving average price of $22.05 and a two-hundred day moving average price of $22.07. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.36 and a current ratio of 3.36. The firm has a market cap of $3.25 billion, a P/E ratio of -38.55 and a beta of 0.36. Fastly, Inc. has a 1 year low of $7.05 and a 1 year high of $34.82.

Fastly (NASDAQ:FSLYGet Free Report) last issued its quarterly earnings results 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 company had revenue of $183.32 million for 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. Research analysts forecast that Fastly, Inc. will post -0.29 EPS for the current fiscal year.

Fastly News Roundup

Here are the key news stories impacting Fastly this week:

  • Positive Sentiment: Fastly’s record second-quarter performance is being viewed as evidence of a potential platform inflection. The company reported revenue of $183.3 million, above the $173.9 million consensus estimate, and adjusted EPS of $0.15 versus expectations of $0.07. The results support the investment case that Fastly’s edge cloud and AI-related offerings can accelerate growth. Fastly: Record Q2 Confirms The Platform Inflection
  • Neutral Sentiment: A market article identified Fastly among stocks with short-squeeze potential. While elevated short interest could create upside if bullish momentum returns, the discussion is speculative and does not represent a new company-specific fundamental catalyst. 15 Stocks to Watch With Short Squeeze Potential
  • Negative Sentiment: Schubert Jonckheer & Kolbe announced an investigation into potential claims that Fastly made false or misleading statements concerning growth and macroeconomic pressures. The announcement follows a reported 31% stock drop and adds legal and reputational risk, although the investigation does not establish wrongdoing. Fastly Investor Alert
  • Negative Sentiment: Insiders sold approximately 99,456 shares for roughly $2.2 million, including two sales by CEO Charles Lacey Compton III, plus transactions by the CTO, a director and another insider. Most of the reported sales were executed under pre-arranged Rule 10b5-1 plans, which reduces their significance as a discretionary bearish signal, but the clustering of sales may still weigh on investor sentiment. Insiders continue to hold substantial positions.

Institutional Investors Weigh In On Fastly

Several large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. grew its holdings in shares of Fastly by 84.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after acquiring an additional 633 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Fastly during the fourth quarter worth $41,000. Align Financial LLC purchased a new stake in shares of Fastly during the fourth quarter valued at $41,000. Sound Income Strategies LLC purchased a new stake in shares of Fastly during the first quarter valued at $44,000. Finally, Quarry LP acquired a new position in shares of Fastly in the 3rd quarter valued at $49,000. 79.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on FSLY shares. Evercore reiterated an “outperform” rating on shares of Fastly in a research report on Thursday, August 6th. Raymond James Financial restated an “outperform” rating and set a $29.00 price objective on shares of Fastly in a research report on Thursday, August 6th. Piper Sandler lifted their price objective on shares of Fastly from $27.00 to $28.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Canaccord Genuity Group assumed coverage on shares of Fastly in a research note on Friday, July 17th. They issued a “buy” rating and a $27.00 price objective on the stock. Finally, KeyCorp boosted their target price on shares of Fastly from $27.00 to $30.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $25.33.

View Our Latest Analysis on FSLY

Fastly Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Fastly (NASDAQ:FSLY)

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