Fastly (NASDAQ:FSLY) Insider Sells $830,457.00 in Stock

Posted by on Sep 18th, 2026

Fastly, Inc. (NASDAQ:FSLY – Get Free Report) insider Scott Lovett sold 34,820 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $23.85, for a total value of $830,457.00. Following the completion of the sale, the insider owned 1,323,398 shares of the company’s stock, valued at approximately $31,563,042.30. This trade represents a 2.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Fastly Stock Down 2.9%

Shares of FSLY stock traded down $0.71 during midday trading on Friday, reaching $23.86. 7,837,230 shares of the stock were exchanged, compared to its average volume of 9,212,496. Fastly, Inc. has a 1 year low of $7.74 and a 1 year high of $34.82. The firm has a market cap of $3.80 billion, a PE ratio of -45.02 and a beta of 0.36. The company has a current ratio of 3.36, a quick ratio of 3.36 and a debt-to-equity ratio of 0.33. The company’s 50 day moving average is $23.02 and its two-hundred day moving average is $22.43.

Fastly (NASDAQ:FSLY – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.08. The firm had revenue of $183.32 million during the quarter, compared to the consensus estimate of $173.94 million. Fastly had a negative return on equity of 6.31% and a negative net margin of 11.80%.Fastly has set its FY 2026 guidance at 0.500-0.540 EPS and its Q3 2026 guidance at 0.110-0.130 EPS. On average, equities research analysts predict that Fastly, Inc. will post -0.29 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on FSLY. Evercore reissued an “outperform” rating on shares of Fastly in a research report on Thursday, August 6th. KeyCorp reaffirmed an “overweight” rating and issued a $30.00 price objective on shares of Fastly in a research note on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fastly in a research note on Friday, August 7th. Raymond James Financial restated an “outperform” rating and set a $29.00 target price on shares of Fastly in a research note on Thursday, August 6th. Finally, Piper Sandler lifted their target price on shares of Fastly from $27.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Fastly currently has an average rating of “Hold” and an average price target of $25.33.

Get Our Latest Report on Fastly

Hedge Funds Weigh In On Fastly

Several large investors have recently modified their holdings of FSLY. First Trust Advisors LP boosted its stake in shares of 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 purchasing an additional 3,524,763 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Fastly by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,741,549 shares of the company’s stock valued at $79,620,000 after purchasing an additional 11,022 shares during the period. Bank of America Corp DE boosted its stake in shares of Fastly by 120.0% during the first quarter. Bank of America Corp DE now owns 1,269,369 shares of the company’s stock valued at $36,888,000 after purchasing an additional 692,459 shares during the period. SG Americas Securities LLC grew its holdings in shares of Fastly by 90.7% in the first quarter. SG Americas Securities LLC now owns 685,415 shares of the company’s stock worth $19,918,000 after purchasing an additional 326,087 shares during the last quarter. Finally, Wellington Management Group LLP bought a new position in shares of Fastly in the second quarter worth about $8,696,000. Institutional investors own 79.71% of the company’s stock.

Fastly Company Profile

(Get Free Report)

Fastly, Inc is a cloud computing company that provides an edge cloud platform for delivering, securing and accelerating digital experiences. Its platform processes and serves applications, websites, APIs, streaming media and other internet content closer to end users, helping organizations improve performance, reliability and control.

Fastly’s product portfolio includes content delivery and application performance services, application programming interface (API) security, web application and bot protection, distributed denial-of-service (DDoS) mitigation, and edge compute capabilities.

Read More

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

Receive News & Ratings for Fastly Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fastly and related companies with MarketBeat.com's FREE daily email newsletter.