Fastly, Inc. (NASDAQ:FSLY – Get Free Report) CEO Charles Lacey Compton III sold 11,198 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $24.69, for a total value of $276,478.62. Following the completion of the sale, the chief executive officer owned 984,842 shares in the company, valued at approximately $24,315,748.98. This represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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.
Charles Lacey Compton III also recently made the following trade(s):
- On Tuesday, August 18th, Charles Lacey Compton III sold 34,552 shares of Fastly stock. The shares were sold at an average price of $28.60, for a total value of $988,187.20.
- On Tuesday, August 4th, Charles Lacey Compton III sold 14,868 shares of Fastly stock. The stock was sold at an average price of $25.00, for a total value of $371,700.00.
- On Wednesday, June 3rd, Charles Lacey Compton III sold 9,313 shares of Fastly stock. The stock was sold at an average price of $20.79, for a total value of $193,617.27.
- On Friday, May 29th, Charles Lacey Compton III sold 15,028 shares of Fastly stock. The shares were sold at an average price of $16.96, for a total value of $254,874.88.
Fastly Price Performance
Shares of FSLY opened at $24.95 on Friday. Fastly, Inc. has a one year low of $7.05 and a one year high of $34.82. The stock’s fifty day moving average is $21.22 and its 200-day moving average is $21.26. 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 capitalization of $3.97 billion, a price-to-earnings ratio of -47.08 and a beta of 0.34.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on FSLY. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fastly in a report on Friday, August 7th. Evercore reissued an “outperform” rating on shares of Fastly in a report on Thursday, August 6th. Royal Bank Of Canada upped their target price on Fastly from $22.00 to $28.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 6th. Freedom Capital raised Fastly to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, Citigroup lifted their price target on Fastly from $13.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. One investment 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 issued a Sell rating to the company. According to data from MarketBeat, Fastly has a consensus rating of “Hold” and an average price target of $25.33.
Check Out Our Latest Stock Report on Fastly
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in FSLY. PNC Financial Services Group Inc. increased 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 valued at $40,000 after purchasing an additional 633 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Fastly during the 4th quarter worth $41,000. Align Financial LLC bought a new position in Fastly during the fourth quarter valued at about $41,000. Sound Income Strategies LLC bought a new position in shares of Fastly in the 1st quarter valued at approximately $44,000. Finally, Quarry LP bought a new position in shares of Fastly in the third quarter valued at approximately $49,000. 79.71% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Fastly
Here are the key news stories impacting Fastly this week:
- Positive Sentiment: Fastly’s latest quarterly results were stronger than expected. The company reported $0.15 in EPS versus the $0.07 consensus estimate and revenue of $183.32 million versus expectations of $173.94 million. Management also provided fiscal 2026 EPS guidance of $0.50 to $0.54, supporting the investment case for an improving edge-cloud business. Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
- Neutral Sentiment: CEO Charles Lacey Compton III sold 11,198 shares for approximately $276,000 on August 19, following an earlier sale of 34,552 shares. CTO Artur Bergman also sold 64,074 shares for about $1.71 million across August 18–19. These trades were made under pre-arranged Rule 10b5-1 plans, making them less reliable as signals of management’s current outlook. Fastly Insider Selling Alert
- Negative Sentiment: Fastly’s CFO Richard Wong sold 148,015 shares worth approximately $4.23 million, reducing his direct ownership by nearly 12%. Insider Scott R. Lovett sold an additional 14,936 shares for about $427,000. The concentration of sales by senior executives—roughly $7.8 million in reported transactions—could weigh on investor confidence despite the 10b5-1 plans. Fastly CFO SEC Filing
- Negative Sentiment: Shares recently fell after a report that Anthropic’s expected IPO could rival or exceed SpaceX’s record debut. The news renewed concerns that large AI companies could capture technology spending and investor attention, increasing competitive pressure on software and edge-cloud providers such as Fastly. Why Fastly Shares Are Falling Today
Fastly Company Profile
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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