Fastly (NASDAQ:FSLY) Director Christopher Paisley Sells 3,000 Shares of Stock

Fastly, Inc. (NASDAQ:FSLY) Director Christopher Paisley sold 3,000 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $23.00, for a total transaction of $69,000.00. Following the completion of the sale, the director owned 280,485 shares in the company, valued at approximately $6,451,155. This trade represents a 1.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fastly Stock Performance

Shares of FSLY stock opened at $20.43 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.36 and a current ratio of 3.36. Fastly, Inc. has a one year low of $7.05 and a one year high of $34.82. The company’s 50-day simple moving average is $22.05 and its 200-day simple moving average is $22.07. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of -38.55 and a beta of 0.36.

Fastly (NASDAQ:FSLY) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.08. Fastly had a negative return on equity of 6.31% and a negative net margin of 11.80%.The firm had revenue of $183.32 million during the quarter, compared to analyst estimates of $173.94 million. Fastly has set its FY 2026 guidance at 0.500-0.540 EPS and its Q3 2026 guidance at 0.110-0.130 EPS. Equities analysts anticipate that Fastly, Inc. will post -0.29 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fastly

Several institutional investors have recently made changes to their positions in the stock. Alyeska Investment Group L.P. raised its position in shares of Fastly by 2,795.2% during the 4th quarter. Alyeska Investment Group L.P. now owns 4,789,185 shares of the company’s stock worth $48,754,000 after purchasing an additional 4,623,767 shares during the period. First Trust Advisors LP boosted its position in Fastly by 100.5% during the 1st quarter. First Trust Advisors LP now owns 7,031,952 shares of the company’s stock valued at $204,349,000 after purchasing an additional 3,524,763 shares during the period. California State Teachers Retirement System grew its stake in Fastly by 1,683.4% during the 2nd quarter. California State Teachers Retirement System now owns 2,932,680 shares of the company’s stock worth $53,844,000 after buying an additional 2,768,234 shares during the last quarter. Balyasny Asset Management L.P. grew its stake in Fastly by 3,941.1% during the 2nd 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 during the last quarter. Finally, T. Rowe Price Investment Management Inc. acquired a new stake in Fastly in the fourth quarter worth $11,657,000. 79.71% of the stock is owned by institutional investors.

More Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s record second-quarter performance is being viewed as evidence of a potential platform inflection. The company reported revenue of $183.3 million, above the $173.9 million consensus estimate, and adjusted EPS of $0.15 versus expectations of $0.07. The results support the investment case that Fastly’s edge cloud and AI-related offerings can accelerate growth. Fastly: Record Q2 Confirms The Platform Inflection
• Neutral Sentiment: A market article identified Fastly among stocks with short-squeeze potential. While elevated short interest could create upside if bullish momentum returns, the discussion is speculative and does not represent a new company-specific fundamental catalyst. 15 Stocks to Watch With Short Squeeze Potential
• Negative Sentiment: Schubert Jonckheer & Kolbe announced an investigation into potential claims that Fastly made false or misleading statements concerning growth and macroeconomic pressures. The announcement follows a reported 31% stock drop and adds legal and reputational risk, although the investigation does not establish wrongdoing. Fastly Investor Alert
• Negative Sentiment: Insiders sold approximately 99,456 shares for roughly $2.2 million, including two sales by CEO Charles Lacey Compton III, plus transactions by the CTO, a director and another insider. Most of the reported sales were executed under pre-arranged Rule 10b5-1 plans, which reduces their significance as a discretionary bearish signal, but the clustering of sales may still weigh on investor sentiment. Insiders continue to hold substantial positions.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on FSLY shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fastly in a report on Friday, August 7th. Raymond James Financial restated an “outperform” rating and set a $29.00 price objective on shares of Fastly in a research note on Thursday, August 6th. Evercore reaffirmed an “outperform” rating on shares of Fastly in a report on Thursday, August 6th. Canaccord Genuity Group initiated coverage on shares of Fastly in a research note on Friday, July 17th. They set a “buy” rating and a $27.00 target price for the company. Finally, Piper Sandler increased their target price on shares of Fastly from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Fastly presently has a consensus rating of “Hold” and a consensus target price of $25.33.

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.