Fastly (NYSE:FSLY) CTO Sells $40,307.22 in Stock

Fastly, Inc. (NYSE:FSLY) CTO Artur Bergman sold 3,222 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $12.51, for a total transaction of $40,307.22. Following the completion of the transaction, the chief technology officer owned 2,890,579 shares in the company, valued at approximately $36,161,143.29. This represents a 0.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• 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 shares were sold at an average price of $11.82, for a total transaction of $10,035.18.
• On Monday, November 24th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $11.43, for a total transaction of $457,200.00.
• On Tuesday, November 18th, Artur Bergman sold 62,828 shares of Fastly stock. The stock was sold at an average price of $10.48, for a total value of $658,437.44.
• On Monday, November 17th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.77, for a total value of $430,800.00.
• On Wednesday, November 12th, Artur Bergman sold 2,718 shares of Fastly stock. The stock was sold at an average price of $12.51, for a total value of $34,002.18.
• On Monday, November 10th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $11.92, for a total value of $476,800.00.
• On Thursday, November 6th, Artur Bergman sold 220,000 shares of Fastly stock. The shares were sold at an average price of $10.67, for a total value of $2,347,400.00.
• On Monday, November 3rd, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $8.21, for a total value of $164,200.00.
• On Monday, October 27th, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $8.34, for a total transaction of $166,800.00.

Fastly Stock Down 2.0%

NYSE FSLY traded down $0.24 during trading on Thursday, reaching $11.50. The company’s stock had a trading volume of 8,016,277 shares, compared to its average volume of 3,157,978. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $1.72 billion, a PE ratio of -11.98 and a beta of 0.97. Fastly, Inc. has a 1-year low of $4.65 and a 1-year high of $12.59. The business has a 50-day moving average price of $9.57 and a 200-day moving average price of $8.11.

Fastly (NYSE:FSLY) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.06. Fastly had a negative net margin of 23.49% and a negative return on equity of 12.02%. The business had revenue of $158.22 million for the quarter, compared to the consensus estimate of $151.04 million. During the same quarter last year, the firm earned $0.02 EPS. Fastly’s revenue for the quarter was up 15.3% on a year-over-year basis. Fastly has set its Q4 2025 guidance at 0.040-0.080 EPS and its FY 2025 guidance at 0.030-0.070 EPS. On average, research analysts forecast that Fastly, Inc. will post -0.78 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on FSLY shares. Wall Street Zen upgraded Fastly from a “hold” rating to a “buy” rating in a research note on Saturday, November 15th. Oppenheimer initiated coverage on Fastly in a research report on Monday, November 17th. They set a “market perform” rating for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Fastly in a research report on Wednesday, October 8th. Royal Bank Of Canada upped their price objective on shares of Fastly from $7.00 to $9.00 and gave the stock a “sector perform” rating in a report on Thursday, November 6th. Finally, Piper Sandler raised their target price on shares of Fastly from $7.50 to $10.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $10.08.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Caxton Associates LLP bought a new position in Fastly during the 1st quarter valued at about $800,000. Hussman Strategic Advisors Inc. bought a new stake in Fastly during the second quarter worth about $741,000. Los Angeles Capital Management LLC bought a new position in shares of Fastly in the second quarter valued at approximately $171,000. Geode Capital Management LLC raised its position in Fastly by 6.3% in the 2nd quarter. Geode Capital Management LLC now owns 3,212,253 shares of the company’s stock valued at $22,681,000 after purchasing an additional 189,423 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its stake in Fastly by 6.1% in the first quarter. Hsbc Holdings PLC now owns 27,938 shares of the company’s stock worth $175,000 after purchasing an additional 1,612 shares in the last quarter. Institutional investors own 79.71% of the company’s stock.

Fastly Company Profile

Fastly, Inc operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet.