Insider Selling: Fastly (NASDAQ:FSLY) CTO Sells $1,345,617.48 in Stock

Fastly, Inc. (NASDAQ:FSLY) CTO Artur Bergman sold 49,146 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $27.38, for a total value of $1,345,617.48. Following the completion of the transaction, the chief technology officer directly owned 1,545,860 shares of the company’s stock, valued at approximately $42,325,646.80. The trade was a 3.08% decrease in their position. The transaction 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.

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

• On Wednesday, September 23rd, Artur Bergman sold 379,602 shares of Fastly stock. The shares were sold at an average price of $30.16, for a total transaction of $11,448,796.32.
• On Tuesday, September 22nd, Artur Bergman sold 27,900 shares of Fastly stock. The stock was sold at an average price of $27.82, for a total transaction of $776,178.00.
• On Thursday, September 17th, Artur Bergman sold 2,200 shares of Fastly stock. The shares were sold at an average price of $25.30, for a total transaction of $55,660.00.
• On Monday, September 14th, Artur Bergman sold 31,079 shares of Fastly stock. The shares were sold at an average price of $24.53, for a total transaction of $762,367.87.
• On Tuesday, September 15th, Artur Bergman sold 2,500 shares of Fastly stock. The shares were sold at an average price of $25.14, for a total transaction of $62,850.00.
• On Wednesday, September 9th, Artur Bergman sold 8,960 shares of Fastly stock. The stock was sold at an average price of $22.72, for a total transaction of $203,571.20.
• On Tuesday, September 8th, Artur Bergman sold 300 shares of Fastly stock. The stock was sold at an average price of $22.51, for a total transaction of $6,753.00.
• On Thursday, September 3rd, Artur Bergman sold 18,519 shares of Fastly stock. The shares were sold at an average price of $20.90, for a total transaction of $387,047.10.
• On Thursday, September 3rd, Artur Bergman sold 17,576 shares of Fastly stock. The shares were sold at an average price of $20.66, for a total transaction of $363,120.16.
• On Monday, August 31st, Artur Bergman sold 6,225 shares of Fastly stock. The shares were sold at an average price of $23.00, for a total transaction of $143,175.00.

Fastly Price Performance

Shares of NASDAQ:FSLY opened at $24.96 on Friday. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of -47.09 and a beta of 0.36. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.36 and a quick ratio of 3.36. Fastly, Inc. has a 12 month low of $7.74 and a 12 month high of $34.82. The stock’s 50 day moving average price is $23.76 and its 200 day moving average price is $22.66.

Fastly (NASDAQ:FSLY) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 research analysts anticipate that Fastly, Inc. will post -0.29 earnings per share for the current fiscal year.

Fastly News Roundup

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s Investor Day outlined a 14%–21% long-term annual revenue-growth target through 2029. Management also highlighted its AI Firewall, AI Runtime Control and API Security products, which could expand Fastly’s edge-cloud and cybersecurity opportunity. Fastly Investor Day and AI security article
• Positive Sentiment: Some analysts remain constructive. Freedom Broker reportedly raised its price target to $37 from $32 and maintained a buy rating, while other analysts cited potential growth in edge computing, security and AI-related traffic.
• Positive Sentiment: Options activity was unusually strong, including substantial call buying, indicating continued speculative interest and expectations for further gains.
• Neutral Sentiment: The recent rally followed reports that Fastly helps power Meta’s Muse AI assistant. However, the stock has given back part of that move as investors took profits and broader technology stocks faced pressure from rising Treasury yields. Why Fastly shares are sliding
• Negative Sentiment: Citi analyst Fatima Boolani questioned whether AI-assistant traffic will translate into meaningful revenue and remains neutral on Fastly. That concern is weighing on the market’s enthusiasm for the AI growth narrative. Fastly AI traffic monetization concerns
• Negative Sentiment: Fastly CTO Artur Bergman sold 379,602 shares at an average price of $30.16, reducing his direct ownership by 25.01%. The sale was conducted under a pre-arranged Rule 10b5-1 plan, which limits its value as a discretionary bearish signal, but the transaction may still concern investors following the stock’s rapid advance. SEC insider sale filing

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP boosted its stake in shares of 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 buying an additional 3,524,763 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Fastly by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,741,549 shares of the company’s stock valued at $79,620,000 after acquiring an additional 11,022 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Fastly by 120.0% in the first quarter. Bank of America Corp DE now owns 1,269,369 shares of the company’s stock worth $36,888,000 after acquiring an additional 692,459 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Fastly by 90.7% in the first quarter. SG Americas Securities LLC now owns 685,415 shares of the company’s stock worth $19,918,000 after acquiring an additional 326,087 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new position in shares of Fastly in the second quarter worth $8,696,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on FSLY shares. Piper Sandler boosted their price target on shares of Fastly from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. DA Davidson lifted their price objective on shares of Fastly from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Wednesday. Evercore reissued an “outperform” rating on shares of Fastly in a research note on Wednesday. Bank of America raised their target price on shares of Fastly from $20.00 to $22.00 and gave the stock an “underperform” rating in a report on Wednesday. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $30.00 price target on shares of Fastly in a report on Friday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Fastly currently has an average rating of “Hold” and an average target price of $26.73.

Fastly Company Profile

Fastly, Inc is a cloud computing company that provides an edge cloud platform for delivering, securing and accelerating digital experiences. Its platform processes and serves applications, websites, APIs, streaming media and other internet content closer to end users, helping organizations improve performance, reliability and control.

Fastly’s product portfolio includes content delivery and application performance services, application programming interface (API) security, web application and bot protection, distributed denial-of-service (DDoS) mitigation, and edge compute capabilities.