Traders Buy Large Volume of Fastly Call Options (NYSE:FSLY)

Fastly, Inc. (NYSE:FSLY) saw unusually large options trading on Thursday. Traders acquired 37,482 call options on the stock. This represents an increase of approximately 92% compared to the average volume of 19,545 call options.

Wall Street Analysts Forecast Growth

Several analysts have commented on FSLY shares. William Blair upgraded Fastly from a “market perform” rating to an “outperform” rating in a research note on Thursday, February 12th. DA Davidson set a $13.00 target price on Fastly in a research note on Thursday, February 12th. Piper Sandler reiterated a “neutral” rating and set a $14.00 target price (up from $11.00) on shares of Fastly in a research note on Thursday, February 12th. KeyCorp upgraded Fastly from a “sector weight” rating to an “overweight” rating and set a $14.00 target price on the stock in a research note on Monday, December 15th. Finally, Royal Bank Of Canada increased their target price on Fastly from $12.00 to $20.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. Three 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $13.14.

Key Stories Impacting Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Partnership with LALIGA to fight illegal live-streaming — a commercial win that could expand Fastly’s content-protection use cases and customer wallet share in sports/media. Fastly and LALIGA Team Up on Joint Innovation to Combat Piracy
• Positive Sentiment: Unusual options activity: investors bought ~37,482 call contracts (≈ +92% vs. typical daily call volume), signalling short‑term bullish positioning or event-driven speculation ahead of earnings.
• Neutral Sentiment: Record enterprise revenue/strong enterprise growth noted by market coverage — supports upside but analysts flag that growth must translate into durable margins and share gains. Fastly Benefits From Strong Enterprise Growth: A Sign for More Upside?
• Neutral Sentiment: Q1 2026 earnings date set for May 6 with a conference call — a near-term catalyst that could drive further volatility depending on results and guidance. Fastly to Announce First Quarter 2026 Financial Results
• Neutral Sentiment: Mixed analyst narrative: one deep-dive notes a strong quant score but cautions fundamentals warrant a “hold” — highlights the divergence between momentum/quant signals and fundamental valuation checks. Fastly: The Quant Score Says Buy, The Fundamentals Say Hold
• Negative Sentiment: Shareholder legal inquiry alleging possible insider fiduciary breaches — introduces reputational and potential litigation risk that can weigh on sentiment and share price. Did Fastly, Inc. Insiders Breach their Fiduciary Duties to Shareholders?
• Negative Sentiment: Analyst caution about rising competition and a rich valuation relative to risks — could cap near-term upside if Fastly fails to show margin improvement or defend market share. Fastly Benefits From Strong Enterprise Growth: A Sign for More Upside?

Insider Buying and Selling

In other Fastly news, CTO Artur Bergman sold 265,000 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $22.79, for a total transaction of $6,039,350.00. Following the sale, the chief technology officer directly owned 1,604,901 shares in the company, valued at approximately $36,575,693.79. This trade represents a 14.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Charles Lacey Compton III sold 36,694 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $20.69, for a total value of $759,198.86. Following the sale, the chief executive officer owned 1,212,778 shares in the company, valued at approximately $25,092,376.82. This represents a 2.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,498,702 shares of company stock worth $28,938,555 in the last 90 days. Insiders own 6.70% of the company’s stock.

Hedge Funds Weigh In On Fastly

Several hedge funds and other institutional investors have recently modified their holdings of FSLY. Amundi lifted its holdings in shares of Fastly by 11.3% during the 1st quarter. Amundi now owns 46,624 shares of the company’s stock valued at $277,000 after buying an additional 4,724 shares during the period. AQR Capital Management LLC bought a new position in Fastly in the 1st quarter worth $837,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Fastly by 1.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 466,042 shares of the company’s stock worth $2,950,000 after purchasing an additional 6,247 shares during the period. Jones Financial Companies Lllp raised its holdings in Fastly by 963.6% in the 1st quarter. Jones Financial Companies Lllp now owns 60,838 shares of the company’s stock worth $385,000 after purchasing an additional 55,118 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in Fastly by 7.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,302,164 shares of the company’s stock worth $14,573,000 after purchasing an additional 165,937 shares during the period. 79.71% of the stock is owned by institutional investors.

Fastly Price Performance

NYSE FSLY opened at $29.46 on Friday. The business’s fifty day moving average price is $21.24 and its 200-day moving average price is $13.73. The stock has a market capitalization of $4.47 billion, a price-to-earnings ratio of -30.69 and a beta of 0.62. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. Fastly has a 1-year low of $5.13 and a 1-year high of $34.82.

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.