Insider Selling: Fastly (NYSE:FSLY) CTO Sells $163,600.00 in Stock

Fastly, Inc. (NYSE:FSLY) CTO Artur Bergman sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $8.18, for a total transaction of $163,600.00. Following the completion of the sale, the chief technology officer owned 2,650,579 shares in the company, valued at $21,681,736.22. The trade was a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, January 12th, Artur Bergman sold 20,000 shares of Fastly stock. The stock was sold at an average price of $9.35, for a total transaction of $187,000.00.
• On Monday, January 5th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.27, for a total value of $410,800.00.
• On Monday, December 29th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.23, for a total value of $409,200.00.
• On Monday, December 22nd, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $10.59, for a total value of $423,600.00.
• On Monday, December 15th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $10.50, for a total value of $420,000.00.
• On Monday, December 15th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.50, for a total value of $420,000.00.
• On Monday, December 8th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $10.66, for a total value of $426,400.00.
• On Tuesday, December 2nd, Artur Bergman sold 3,222 shares of Fastly stock. The stock was sold at an average price of $12.51, for a total value of $40,307.22.
• On Monday, December 1st, Artur Bergman sold 41,080 shares of Fastly stock. The shares were sold at an average price of $11.51, for a total transaction of $472,830.80.
• On Friday, November 28th, Artur Bergman sold 849 shares of Fastly stock. The stock was sold at an average price of $11.82, for a total transaction of $10,035.18.

Fastly Stock Down 1.0%

FSLY stock opened at $9.29 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $1.39 billion, a P/E ratio of -9.68 and a beta of 0.98. Fastly, Inc. has a 52-week low of $4.65 and a 52-week high of $12.59. The company’s 50 day simple moving average is $10.36 and its 200-day simple moving average is $8.81.

Fastly (NYSE:FSLY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.06. The firm had revenue of $158.22 million for the quarter, compared to analysts’ expectations of $151.04 million. Fastly had a negative net margin of 23.49% and a negative return on equity of 12.02%. The company’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.02 EPS. Fastly has set its Q4 2025 guidance at 0.040-0.080 EPS and its FY 2025 guidance at 0.030-0.070 EPS. As a group, equities research analysts anticipate that Fastly, Inc. will post -0.78 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on FSLY shares. Citigroup lowered their target price on Fastly from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Friday, January 16th. Piper Sandler boosted their price objective on shares of Fastly from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Wall Street Zen upgraded shares of Fastly from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Oppenheimer began coverage on shares of Fastly in a research note on Monday, November 17th. They set a “market perform” rating for the company. Finally, Royal Bank Of Canada upped their price target on shares of Fastly from $9.00 to $10.00 and gave the stock a “sector perform” rating in a research note on Monday, January 5th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $10.64.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Fastly by 3.4% in the 3rd quarter. Vanguard Group Inc. now owns 16,666,672 shares of the company’s stock valued at $142,500,000 after purchasing an additional 554,909 shares during the last quarter. Legal & General Group Plc raised its holdings in Fastly by 3.4% during the second quarter. Legal & General Group Plc now owns 8,943,224 shares of the company’s stock valued at $63,139,000 after buying an additional 291,617 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in shares of Fastly in the third quarter worth about $61,864,000. Dimensional Fund Advisors LP lifted its position in shares of Fastly by 2.9% in the third quarter. Dimensional Fund Advisors LP now owns 4,137,808 shares of the company’s stock worth $35,380,000 after buying an additional 117,213 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in shares of Fastly by 115.2% during the 2nd quarter. Marshall Wace LLP now owns 3,385,167 shares of the company’s stock worth $23,899,000 after acquiring an additional 1,811,935 shares in the last quarter. Institutional investors and hedge funds own 79.71% of the company’s stock.

About Fastly

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.