Fastly, Inc. (NASDAQ:FSLY – Get Free Report) saw unusually large options trading on Friday. Stock traders bought 18,511 call options on the company. This is an increase of approximately 39% compared to the typical daily volume of 13,355 call options.
Insider Buying and Selling
In other news, insider Jeffrey Ford sold 45,832 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $24.65, for a total value of $1,129,758.80. Following the completion of the sale, the insider directly owned 249,861 shares in the company, valued at approximately $6,159,073.65. The trade was a 15.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Scott Lovett sold 41,815 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $24.64, for a total value of $1,030,321.60. Following the sale, the insider directly owned 1,281,583 shares in the company, valued at approximately $31,578,205.12. This represents a 3.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,243,371 shares of company stock worth $33,335,165. 4.20% of the stock is currently owned by insiders.
Institutional Trading of Fastly
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE grew its position in Fastly by 120.0% during the 1st quarter. Bank of America Corp DE now owns 1,269,369 shares of the company’s stock worth $36,888,000 after purchasing an additional 692,459 shares in the last quarter. Convergence Investment Partners LLC acquired a new stake in shares of Fastly in the first quarter worth $1,951,000. Range Financial Group LLC acquired a new stake in shares of Fastly in the first quarter worth $1,667,000. Castleark Management LLC purchased a new position in shares of Fastly during the first quarter valued at $5,164,000. Finally, Wellington Management Group LLP purchased a new position in shares of Fastly during the second quarter valued at $8,696,000. Institutional investors and hedge funds own 79.71% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Report on FSLY
Fastly Price Performance
Shares of NASDAQ:FSLY opened at $29.30 on Friday. Fastly has a one year low of $7.74 and a one year high of $34.82. The stock has a fifty day moving average of $24.81 and a 200-day moving average of $22.78. The company has a market capitalization of $4.67 billion, a PE ratio of -55.28 and a beta of 0.31. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.36 and a current ratio of 3.36.
Fastly (NASDAQ:FSLY – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.08. The business had revenue of $183.32 million during the quarter, compared to analyst estimates 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. As a group, equities analysts anticipate that Fastly will post -0.29 EPS for the current fiscal year.
Trending Headlines about Fastly
Here are the key news stories impacting Fastly this week:
- Positive Sentiment: Oppenheimer upgraded Fastly to Outperform from Neutral and established a $35 price target. The firm cited industry checks showing larger contract values, stronger security cross-selling and early monetization of traffic generated by “agentic AI” applications. Oppenheimer upgrades Fastly to Outperform with $35 target on AI traffic
- Positive Sentiment: Oppenheimer believes Fastly’s contract expansion and AI opportunity could support revenue growth in the high-teens to low-20% range over the next several years, improving the company’s long-term growth outlook. FSLY Rockets Nearly 16%: Oppenheimer Upgrades Stock
- Positive Sentiment: Options activity also reflected bullish positioning: traders bought 18,511 Fastly call options, approximately 39% above average call volume. This suggests increased speculative interest following the upgrade.
- Positive Sentiment: Commentary from Zacks and Jim Cramer further highlighted Fastly as a potential beneficiary of the shift toward autonomous AI agents and rising AI-related internet traffic, adding to the stock’s momentum. Fastly: Riding the Agentic AI Wave
- Neutral Sentiment: Fastly will report third-quarter 2026 results after the market closes on November 4. Investors will look for evidence that contract growth, security demand and AI traffic monetization are translating into accelerating revenue and improving profitability. Fastly to Announce Third Quarter 2026 Financial Results
About Fastly
Fastly, Inc (NASDAQ: FSLY) is a technology company that provides an edge cloud platform designed to help businesses deliver, secure and operate digital applications and content closer to end users. Its platform supports websites, mobile applications, APIs, streaming media and other internet services by processing data at the edge of the network, helping organizations improve performance, scalability and reliability.
Fastly’s products and services include content delivery, edge computing, application programming interface (API) services, cloud security and observability tools.
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