Fastly Target of Unusually High Options Trading (NYSE:FSLY)

Fastly, Inc. (NYSE:FSLY) was the recipient of unusually large options trading activity on Thursday. Stock investors acquired 99,745 call options on the company. This represents an increase of approximately 1,986% compared to the typical volume of 4,781 call options.

Fastly Trading Up 72.3%

Shares of FSLY opened at $16.04 on Friday. The company’s fifty day simple moving average is $9.88 and its 200-day simple moving average is $9.06. The company has a market cap of $2.40 billion, a P/E ratio of -16.71 and a beta of 1.03. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. Fastly has a twelve month low of $4.65 and a twelve month high of $17.86.

Insider Buying and Selling at Fastly

In other Fastly news, CTO Artur Bergman sold 62,828 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $10.48, for a total value of $658,437.44. Following the sale, the chief technology officer owned 2,975,730 shares in the company, valued at $31,185,650.40. The trade was a 2.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Scott R. Lovett sold 42,118 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $10.10, for a total transaction of $425,391.80. Following the transaction, the insider directly owned 1,002,137 shares of the company’s stock, valued at $10,121,583.70. This trade represents a 4.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 706,530 shares of company stock valued at $7,298,947 over the last ninety days. 6.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fastly

Institutional investors and hedge funds have recently modified their holdings of the business. Penserra Capital Management LLC bought a new stake in shares of Fastly in the 3rd quarter valued at about $61,864,000. Divisadero Street Capital Management LP purchased a new position in Fastly during the third quarter valued at approximately $21,174,000. Marshall Wace LLP raised its stake in Fastly by 115.2% in the second quarter. Marshall Wace LLP now owns 3,385,167 shares of the company’s stock worth $23,899,000 after buying an additional 1,811,935 shares in the last quarter. Balyasny Asset Management L.P. raised its stake in Fastly by 3,941.1% in the second quarter. Balyasny Asset Management L.P. now owns 1,329,006 shares of the company’s stock worth $9,383,000 after buying an additional 1,296,119 shares in the last quarter. Finally, Algert Global LLC lifted its holdings in Fastly by 288.8% during the third quarter. Algert Global LLC now owns 1,521,733 shares of the company’s stock worth $13,011,000 after buying an additional 1,130,293 shares during the period. 79.71% of the stock is owned by institutional investors.

Key Headlines Impacting Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Record Q4 and full‑year results: Fastly reported record revenue, gross margin and operating profit for Q4/FY2025, and management highlighted the company’s first profitable year on a non‑GAAP basis — the core catalyst cited by traders. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Upbeat guidance: Fastly issued FY‑2026 and Q1‑2026 revenue and EPS guidance well above consensus (FY EPS guide ~0.23–0.29 vs. consensus negative; Q1 EPS guide positive vs. negative consensus), reinforcing the earnings reaction and forward momentum. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: AI narrative driving sentiment: Multiple outlets and analysts are positioning Fastly as an “underappreciated AI play” because LLM/agentic AI workloads are boosting edge traffic and usage — this framing is supporting re‑rating interest. Fastly Stock Soars 34% After Earnings. Why It’s an Underrated AI Play. Why Fastly Stock Skyrocketed Today
• Positive Sentiment: Heavy bullish options flow: Traders bought ~99,745 call options on the stock in a single session (a nearly 2,000% increase vs. average), indicating speculative/leveraged bullish positioning that can amplify intraday moves.
• Neutral Sentiment: Earnings detail & transcript: The full earnings call transcript and analyst write‑ups are available for investors who want management color on margin drivers, revenue mix (in‑line vs. legacy CDN), and assumptions behind guidance. Fastly, Inc. (FSLY) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Institutional positioning: Several large funds (Vanguard, Legal & General, Geode, Dimensional) have adjusted stakes recently — meaningful institutional ownership remains, which can support liquidity but also contributes to volatility around news.
• Negative Sentiment: Potential shareholder litigation outreach: Halper Sadeh LLC is soliciting Fastly shareholders to discuss their rights, which could signal shareholder claims or activism risk. Halper Sadeh LLC Encourages Fastly, Inc Shareholders to Contact the Firm
• Negative Sentiment: Insider selling: CTO Artur Bergman sold shares in recent weeks (small percentage of holdings) — notable for optics though not large enough to necessarily indicate loss of confidence. SEC Form 4 – Artur Bergman
• Negative Sentiment: Some analysts remain cautious: DA Davidson cut its price target before the print, a reminder that not all sell‑side views have turned bullish and valuation/cadence concerns persist. Fastly price target lowered to $9 from $11.50 at DA Davidson

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Piper Sandler reaffirmed a “neutral” rating and issued a $14.00 price objective (up previously from $11.00) on shares of Fastly in a research note on Thursday. Royal Bank Of Canada boosted their price target on shares of Fastly from $10.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Thursday. Wall Street Zen raised shares of Fastly from a “hold” rating to a “buy” rating in a research note on Saturday, November 15th. KeyCorp raised shares of Fastly from a “sector weight” rating to an “overweight” rating and set a $14.00 price objective for the company in a research note on Monday, December 15th. Finally, William Blair upgraded shares of Fastly from a “market perform” rating to an “outperform” rating in a research report on Thursday. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $11.57.

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.