Fastly (NASDAQ:FSLY) CTO Sells $11,448,796.32 in Stock

Posted by Brenda Bartman on Sep 25th, 2026

Fastly, Inc. (NASDAQ:FSLY – Get Free Report) CTO Artur Bergman sold 379,602 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $30.16, for a total transaction of $11,448,796.32. Following the completion of the sale, the chief technology officer directly owned 1,138,358 shares of the company’s stock, valued at $34,332,877.28. This represents a 25.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Tuesday, September 22nd, Artur Bergman sold 27,900 shares of Fastly stock. The stock was sold at an average price of $27.82, for a total transaction of $776,178.00.
On Monday, September 21st, Artur Bergman sold 49,146 shares of Fastly stock. The shares were sold at an average price of $27.38, for a total transaction of $1,345,617.48.
On Thursday, September 17th, Artur Bergman sold 2,200 shares of Fastly stock. The shares were sold at an average price of $25.30, for a total transaction of $55,660.00.
On Monday, September 14th, Artur Bergman sold 31,079 shares of Fastly stock. The stock was sold at an average price of $24.53, for a total transaction of $762,367.87.
On Tuesday, September 15th, Artur Bergman sold 2,500 shares of Fastly stock. The shares were sold at an average price of $25.14, for a total value of $62,850.00.
On Wednesday, September 9th, Artur Bergman sold 8,960 shares of Fastly stock. The stock was sold at an average price of $22.72, for a total value of $203,571.20.
On Tuesday, September 8th, Artur Bergman sold 300 shares of Fastly stock. The stock was sold at an average price of $22.51, for a total value of $6,753.00.
On Thursday, September 3rd, Artur Bergman sold 18,519 shares of Fastly stock. The shares were sold at an average price of $20.90, for a total value of $387,047.10.
On Thursday, September 3rd, Artur Bergman sold 17,576 shares of Fastly stock. The shares were sold at an average price of $20.66, for a total value of $363,120.16.
On Monday, August 31st, Artur Bergman sold 6,225 shares of Fastly stock. The stock was sold at an average price of $23.00, for a total value of $143,175.00.

Fastly Trading Down 6.4%

Shares of NASDAQ:FSLY traded down $1.72 during midday trading on Friday, reaching $24.96. 9,619,970 shares of the company’s stock were exchanged, compared to its average volume of 9,408,888. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of -47.09 and a beta of 0.36. Fastly, Inc. has a fifty-two week low of $7.74 and a fifty-two week high of $34.82. The firm’s 50 day simple moving average is $23.67 and its two-hundred day simple moving average is $22.65. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.36 and a quick ratio of 3.36.

Fastly (NASDAQ:FSLY – Get Free Report) last announced its earnings results 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. Fastly had a negative net margin of 11.80% and a negative return on equity of 6.31%. The company had revenue of $183.32 million during the quarter, compared to analyst estimates 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. As a group, sell-side analysts forecast that Fastly, Inc. will post -0.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FSLY has been the subject of several research analyst reports. Freedom Capital upgraded Fastly to a “strong-buy” rating in a research report on Thursday, July 16th. Evercore reissued an “outperform” rating on shares of Fastly in a research note on Wednesday. KeyCorp restated an “overweight” rating and set a $30.00 target price on shares of Fastly in a report on Friday, September 18th. DA Davidson lifted their target price on Fastly from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, Bank of America boosted their price target on shares of Fastly from $20.00 to $22.00 and gave the stock an “underperform” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Fastly presently has an average rating of “Hold” and an average target price of $26.73.

Read Our Latest Stock Analysis on FSLY

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc increased its holdings in Fastly by 1,621.7% during the 2nd quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock worth $26,000 after purchasing an additional 1,346 shares during the period. PNC Financial Services Group Inc. boosted its stake 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 buying an additional 633 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Fastly during the fourth quarter worth about $41,000. Sound Income Strategies LLC purchased a new stake in shares of Fastly during the first quarter worth approximately $44,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Fastly during the second quarter worth approximately $48,000. 79.71% of the stock is currently owned by hedge funds and other institutional investors.

Key Fastly News

Here are the key news stories impacting Fastly this week:

Positive Sentiment: Fastly outlined a long-term growth strategy targeting approximately 14%–21% annual revenue growth through 2029. Management is positioning the company as an edge cloud, security and compute platform rather than solely a content-delivery network. Fastly long-term growth targets
Positive Sentiment: The launch of AI Firewall, AI Runtime Control and expanded API-security capabilities gives Fastly new products aimed at protecting AI applications and agentic traffic. These offerings could broaden its addressable market and support its AI growth narrative. Fastly AI Firewall analysis
Positive Sentiment: Several analysts remain constructive: Freedom Broker reportedly raised its price target to $37 from $32, while other firms maintain buy or overweight ratings. Heavy call-option activity also indicates continued speculative interest in further upside.
Neutral Sentiment: Analyst opinion is divided. DA Davidson raised its target to $23 but retained a neutral rating, and the broader consensus remains around “Hold,” with a target near $26.73. BofA also views the platform expansion positively but says the AI opportunity is not yet proven.
Negative Sentiment: Citi analyst Fatima Boolani questioned whether AI-assistant traffic— including traffic associated with Meta’s Muse—will produce sufficient monetization for Fastly. That skepticism has undermined the recent AI-driven rally and prompted investors to reassess the stock’s valuation. Citi Fastly AI monetization analysis
Negative Sentiment: Fastly’s CTO Artur Bergman disclosed sales totaling 77,046 shares for roughly $2.1 million during September. The transactions were conducted under a prearranged Rule 10b5-1 plan and he still retains a substantial stake, limiting their bearish significance, but they add to investor caution after the stock’s strong advance.

About Fastly

(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.