Insider Selling: Fastly (NYSE:FSLY) CTO Sells $542,249.85 in Stock

Posted by Francis Steltz on May 23rd, 2026

Fastly, Inc. (NYSE:FSLY – Get Free Report) CTO Artur Bergman sold 32,181 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $16.85, for a total value of $542,249.85. Following the completion of the sale, the chief technology officer owned 2,086,529 shares of the company’s stock, valued at $35,158,013.65. The trade was a 1.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Tuesday, May 19th, Artur Bergman sold 31,848 shares of Fastly stock. The shares were sold at an average price of $16.41, for a total value of $522,625.68.
On Tuesday, March 10th, Artur Bergman sold 265,000 shares of Fastly stock. The shares were sold at an average price of $22.79, for a total value of $6,039,350.00.
On Monday, March 9th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $21.07, for a total value of $842,800.00.
On Monday, March 2nd, Artur Bergman sold 275,234 shares of Fastly stock. The shares were sold at an average price of $20.56, for a total value of $5,658,811.04.
On Thursday, March 5th, Artur Bergman sold 31,079 shares of Fastly stock. The shares were sold at an average price of $20.69, for a total value of $643,024.51.
On Wednesday, March 4th, Artur Bergman sold 24,532 shares of Fastly stock. The shares were sold at an average price of $21.06, for a total value of $516,643.92.
On Friday, February 27th, Artur Bergman sold 869 shares of Fastly stock. The shares were sold at an average price of $17.50, for a total value of $15,207.50.
On Monday, February 23rd, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $17.08, for a total value of $683,200.00.
On Thursday, February 19th, Artur Bergman sold 34,576 shares of Fastly stock. The shares were sold at an average price of $20.10, for a total value of $694,977.60.
On Thursday, February 19th, Artur Bergman sold 39,881 shares of Fastly stock. The shares were sold at an average price of $18.89, for a total value of $753,352.09.

Fastly Price Performance

FSLY opened at $16.32 on Friday. The stock has a fifty day moving average of $24.88 and a 200-day moving average of $16.60. The firm has a market capitalization of $2.55 billion, a P/E ratio of -17.00 and a beta of 0.49. Fastly, Inc. has a 12-month low of $6.29 and a 12-month high of $34.82. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on FSLY. Royal Bank Of Canada cut their price objective on Fastly to $18.00 and set a “sector perform” rating for the company in a report on Thursday, May 7th. Raymond James Financial upgraded Fastly from a “market perform” rating to an “outperform” rating and set a $23.00 price objective for the company in a report on Friday, May 8th. DA Davidson set a $13.00 price objective on Fastly in a report on Thursday, February 12th. Evercore began coverage on Fastly in a report on Tuesday, April 14th. They set an “outperform” rating and a $24.00 price objective for the company. Finally, William Blair upgraded Fastly from a “market perform” rating to an “outperform” rating in a report on Thursday, February 12th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $22.63.

Read Our Latest Research Report on FSLY

Hedge Funds Weigh In On Fastly

Hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its position in Fastly by 84.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after buying an additional 633 shares during the last quarter. Sound Income Strategies LLC acquired a new position in Fastly during the first quarter worth $44,000. EverSource Wealth Advisors LLC increased its position in Fastly by 39.8% during the first quarter. EverSource Wealth Advisors LLC now owns 2,204 shares of the company’s stock worth $64,000 after buying an additional 627 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Fastly during the fourth quarter worth $41,000. Finally, Align Financial LLC acquired a new position in Fastly during the fourth quarter worth $41,000. 79.71% of the stock is owned by institutional investors and hedge funds.

About Fastly

(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.