Fastly (NYSE:FSLY) Insider Sells $1,102,488.90 in Stock

Fastly, Inc. (NYSE:FSLY) insider Scott Lovett sold 41,682 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $26.45, for a total transaction of $1,102,488.90. Following the completion of the sale, the insider directly owned 1,503,878 shares of the company’s stock, valued at $39,777,573.10. The trade was a 2.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Fastly Stock Down 4.7%

Fastly stock opened at $25.20 on Friday. Fastly, Inc. has a 52 week low of $4.65 and a 52 week high of $27.59. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of -26.25 and a beta of 0.88. The company’s 50-day moving average price is $15.42 and its two-hundred day moving average price is $11.59. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.

Wall Street Analyst Weigh In

FSLY has been the topic of a number of research analyst reports. Royal Bank Of Canada raised their price objective on shares of Fastly from $12.00 to $20.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. DA Davidson set a $13.00 price target on 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 price target on the stock in a research report on Monday, December 15th. Citigroup boosted their price objective on Fastly from $10.00 to $13.00 and gave the stock a “neutral” rating in a research note on Friday, February 13th. Finally, Piper Sandler restated a “neutral” rating and issued a $14.00 price objective (up from $11.00) on shares of Fastly in a report on Thursday, February 12th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Fastly presently has an average rating of “Hold” and a consensus price target of $13.14.

Key Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Company fundamentals and deal flow drove the recent rally: Fastly reported strong Q4 performance and cleared a near‑term debt maturity, supporting its rebound and helping push the stock to a 52‑week/4‑year high. Fastly (FSLY) Stock Soars to 52-Week Peak After Debt Maturity and Strong Q4 Performance
• Positive Sentiment: New commercial wins helped sentiment — Fastly announced a partnership with a Dublin-based data platform to launch solutions for real‑time insights, a catalyst cited by markets for the recent price jump. Fastly (FSLY) Soars to 4-Year High on New Deal With Dublin-Based Firm
• Positive Sentiment: Analyst attention and institutional accumulation have been supportive: several upgrades/coverage changes and larger institutional positions were noted in recent filings, which helped sustain the multi‑month rally. MarketBeat Fastly coverage and analyst notes
• Neutral Sentiment: Technical context: the stock is well above its 50‑ and 200‑day moving averages and has seen volumes spike above average — this supports momentum but also raises the risk of short‑term volatility. MarketBeat Fastly technicals and metrics
• Negative Sentiment: Insider sales by a senior exec (Scott R. Lovett) were disclosed this week — multiple Form 4 filings show large sales totaling several hundred thousand dollars, which investors often view as a signal to take profits. SEC Form 4 disclosure for Scott R. Lovett
• Negative Sentiment: Media flagged insider selling amid the stock’s surge, which has increased caution among retail investors despite the positive news flow. That narrative likely contributed to today’s pullback. FSLY stock hits 52-week high, retail flags caution over insider sales

Institutional Trading of Fastly

Large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd acquired a new position in Fastly in the fourth quarter worth approximately $41,000. Align Financial LLC acquired a new stake in shares of Fastly during the 4th quarter valued at $41,000. Byrne Asset Management LLC bought a new stake in shares of Fastly during the 3rd quarter worth $43,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Fastly in the 4th quarter worth $54,000. Finally, Quarry LP acquired a new stake in shares of Fastly during the third quarter worth $49,000. 79.71% of the stock is currently owned by institutional investors.

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.