Christopher Paisley Sells 3,000 Shares of Fastly (NASDAQ:FSLY) Stock

Posted by Francis Steltz on Sep 4th, 2026

Fastly, Inc. (NASDAQ:FSLY – Get Free Report) Director Christopher Paisley sold 3,000 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $23.00, for a total value of $69,000.00. Following the sale, the director directly owned 280,485 shares in the company, valued at approximately $6,451,155. This trade represents a 1.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fastly Price Performance

Shares of FSLY opened at $21.12 on Friday. Fastly, Inc. has a 12-month low of $7.05 and a 12-month high of $34.82. The business has a 50-day simple moving average of $22.15 and a two-hundred day simple moving average of $22.09. The company has a quick ratio of 3.36, a current ratio of 3.36 and a debt-to-equity ratio of 0.33. The stock has a market cap of $3.36 billion, a PE ratio of -39.85 and a beta of 0.36.

Fastly (NASDAQ:FSLY – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.15 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 firm had revenue of $183.32 million during the quarter, compared to the consensus estimate 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 anticipate that Fastly, Inc. will post -0.29 earnings per share for the current fiscal year.

Institutional Trading of Fastly

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FSLY. PNC Financial Services Group Inc. raised its holdings in Fastly by 84.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after purchasing an additional 633 shares during the last quarter. Sound Income Strategies LLC bought a new stake in shares of Fastly in the 1st quarter valued at $44,000. EverSource Wealth Advisors LLC boosted its stake in shares of Fastly by 39.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,204 shares of the company’s stock valued at $64,000 after purchasing an additional 627 shares during the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in shares of Fastly during the second quarter worth $72,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Fastly during the fourth quarter worth $41,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on FSLY shares. Raymond James Financial reiterated an “outperform” rating and set a $29.00 target price on shares of Fastly in a research report on Thursday, August 6th. KeyCorp upped their price target on shares of Fastly from $27.00 to $30.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Canaccord Genuity Group began coverage on shares of Fastly in a research note on Friday, July 17th. They set a “buy” rating and a $27.00 price target for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fastly in a report on Friday, August 7th. Finally, Evercore reiterated an “outperform” rating on shares of Fastly in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $25.33.

Read Our Latest Stock Report on Fastly

More Fastly News

Here are the key news stories impacting Fastly this week:

Positive Sentiment: Fastly’s record second-quarter results support the view that its edge-cloud platform may be reaching an inflection point. Revenue of $183.3 million exceeded expectations of $173.9 million, while adjusted EPS of $0.15 more than doubled the $0.07 consensus estimate. The company also maintained fiscal 2026 EPS guidance of $0.50-$0.54 and third-quarter guidance of $0.11-$0.13. Fastly: Record Q2 Confirms The Platform Inflection
Neutral Sentiment: Fastly was included on a list of stocks with short-squeeze potential. Elevated short interest could amplify a rally if bullish momentum returns, but this is a speculative trading factor rather than a change in the company’s fundamentals. 15 Stocks to Watch With Short Squeeze Potential
Neutral Sentiment: Analyst views remain mixed. Recent price targets generally range from $25 to $28, above recent trading levels, but the consensus rating remains “Hold,” limiting the strength of the bullish signal.
Negative Sentiment: Fastly insiders reported roughly 99,456 shares of sales worth approximately $2.2 million. The transactions included sales by CEO Charles Lacey Compton III, CTO Artur Bergman, director Christopher Paisley and insider Scott R. Lovett. Most sales were conducted under pre-arranged Rule 10b5-1 plans, reducing their value as a discretionary bearish signal, though the concentration of selling may still pressure the stock. Fastly Insider Buying and Selling Alert

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.