Insider Selling: Fastly (NASDAQ:FSLY) CTO Sells $11,448,796.32 in Stock

Fastly, Inc. (NASDAQ:FSLY) CTO Artur Bergman sold 379,602 shares of the business’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $30.16, for a total value of $11,448,796.32. Following the completion of the sale, the chief technology officer owned 1,138,358 shares of the company’s stock, valued at approximately $34,332,877.28. This trade represents a 25.01% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 Tuesday, September 22nd, Artur Bergman sold 27,900 shares of Fastly stock. The shares were sold at an average price of $27.82, for a total value of $776,178.00.
• On Monday, September 21st, Artur Bergman sold 49,146 shares of Fastly stock. The shares were sold at an average price of $27.38, for a total transaction of $1,345,617.48.
• 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 stock was 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 stock was sold at an average price of $25.14, for a total value of $62,850.00.
• On Wednesday, September 9th, Artur Bergman sold 8,960 shares of Fastly stock. The shares were 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 shares were 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 value of $387,047.10.
• On Thursday, September 3rd, Artur Bergman sold 17,576 shares of Fastly stock. The stock was sold at an average price of $20.66, for a total value of $363,120.16.
• On Monday, August 31st, Artur Bergman sold 6,225 shares of Fastly stock. The stock was sold at an average price of $23.00, for a total value of $143,175.00.

Fastly Price Performance

Shares of NASDAQ:FSLY opened at $24.96 on Monday. The firm has a market capitalization of $3.98 billion, a PE ratio of -47.09 and a beta of 0.36. The company has a current ratio of 3.36, a quick ratio of 3.36 and a debt-to-equity ratio of 0.33. Fastly, Inc. has a 1-year low of $7.74 and a 1-year high of $34.82. The business’s 50 day moving average is $23.76 and its 200-day moving average is $22.67.

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

Institutional Investors Weigh In On Fastly

Several large investors have recently made changes to their positions in FSLY. IFP Advisors Inc lifted its holdings in Fastly by 1,621.7% during the 2nd quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock valued at $26,000 after purchasing an additional 1,346 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Fastly by 84.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after buying an additional 633 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Fastly during the fourth quarter worth about $41,000. Sound Income Strategies LLC acquired a new stake in shares of Fastly during the first quarter worth approximately $44,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Fastly during the second quarter worth approximately $48,000. Institutional investors own 79.71% of the company’s stock.

Key Fastly News

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

Analyst Ratings Changes

FSLY has been the topic of several recent research reports. DA Davidson lifted their target price on shares of Fastly from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday, September 23rd. Freedom Capital raised shares of Fastly to a “strong-buy” rating in a research report on Thursday, July 16th. Bank of America lifted their price objective on Fastly from $20.00 to $22.00 and gave the company an “underperform” rating in a report on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fastly in a research note on Friday, August 7th. Finally, Freedom Broker increased their target price on Fastly from $32.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target 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.