Insider Selling: Fastly (NYSE:FSLY) Insider Sells $778,752.84 in Stock

Fastly, Inc. (NYSE:FSLY) insider Scott Lovett sold 34,953 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $22.28, for a total value of $778,752.84. Following the completion of the transaction, the insider owned 1,545,560 shares in the company, valued at $34,435,076.80. This trade represents a 2.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fastly Price Performance

Fastly stock opened at $25.20 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 business has a 50 day simple moving average of $15.42 and a 200-day simple moving average of $11.59. Fastly, Inc. has a 12 month low of $4.65 and a 12 month high of $27.59. The stock has a market capitalization of $3.83 billion, a PE ratio of -26.25 and a beta of 0.88.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Fastly

A number of large investors have recently made changes to their positions in FSLY. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Fastly during the 4th quarter worth about $41,000. Align Financial LLC acquired a new stake in Fastly during the fourth quarter worth approximately $41,000. Byrne Asset Management LLC acquired a new stake in Fastly during the third quarter worth approximately $43,000. Quarry LP purchased a new stake in Fastly in the 3rd quarter worth approximately $49,000. Finally, Geneos Wealth Management Inc. acquired a new position in Fastly in the 1st quarter valued at $52,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

Key Headlines Impacting Fastly

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

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.