Fastly (NYSE:FSLY) CTO Artur Bergman Sells 6,225 Shares of Stock

Fastly, Inc. (NYSE:FSLY) CTO Artur Bergman sold 6,225 shares of Fastly stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $16.96, for a total value of $105,576.00. Following the completion of the transaction, the chief technology officer directly owned 2,046,527 shares of the company’s stock, valued at approximately $34,709,097.92. This represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Thursday, May 28th, Artur Bergman sold 1,077 shares of Fastly stock. The stock was sold at an average price of $17.02, for a total value of $18,330.54.
• On Wednesday, May 27th, Artur Bergman sold 852 shares of Fastly stock. The stock was sold at an average price of $17.50, for a total value of $14,910.00.
• On Tuesday, May 19th, Artur Bergman sold 31,848 shares of Fastly stock. The stock was sold at an average price of $16.41, for a total value of $522,625.68.
• On Monday, May 18th, Artur Bergman sold 32,181 shares of Fastly stock. The stock was sold at an average price of $16.85, for a total value of $542,249.85.
• On Tuesday, March 10th, Artur Bergman sold 265,000 shares of Fastly stock. The stock was sold at an average price of $22.79, for a total value of $6,039,350.00.
• On Monday, March 9th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $21.07, for a total value of $842,800.00.
• On Thursday, March 5th, Artur Bergman sold 31,079 shares of Fastly stock. The stock was sold at an average price of $20.69, for a total value of $643,024.51.
• On Wednesday, March 4th, Artur Bergman sold 24,532 shares of Fastly stock. The stock was sold at an average price of $21.06, for a total value of $516,643.92.

Fastly Price Performance

NYSE FSLY opened at $20.77 on Wednesday. Fastly, Inc. has a one year low of $6.29 and a one year high of $34.82. The stock has a 50-day moving average of $23.99 and a 200 day moving average of $16.95. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of -21.64 and a beta of 0.49. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on FSLY shares. Royal Bank Of Canada reduced their price objective on Fastly to $18.00 and set a “sector perform” rating for the company in a report on Thursday, May 7th. Evercore started coverage on Fastly in a report on Tuesday, April 14th. They issued an “outperform” rating and a $24.00 price objective for the company. KeyCorp lifted their price objective on Fastly from $14.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Piper Sandler cut their price target on Fastly to $27.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Finally, Citigroup boosted their price target on Fastly from $13.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $22.63.

Institutional Investors Weigh In On Fastly

A number of large investors have recently made changes to their positions in FSLY. Penserra Capital Management LLC bought a new stake in shares of Fastly during the 3rd quarter valued at about $61,864,000. Alyeska Investment Group L.P. grew its stake 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 valued at $48,754,000 after purchasing an additional 4,623,767 shares during the period. First Trust Advisors LP grew 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 purchasing an additional 3,524,763 shares during the period. Divisadero Street Capital Management LP bought a new stake in shares of Fastly during the 3rd quarter valued at about $21,174,000. Finally, Balyasny Asset Management L.P. grew its stake in shares of 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 valued at $9,383,000 after purchasing an additional 1,296,119 shares during the period. 79.71% of the stock is currently owned by institutional investors.

Key Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s recent commentary has highlighted stronger security growth, a raised 2026 revenue outlook, and new AI-focused developer tools, which are helping the market view the company as a beneficiary of edge-computing and AI infrastructure spending. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: Multiple Wall Street firms have recently set price targets above the current trading range, including KeyBanc and Piper Sandler at $27, which suggests analysts still see upside in the name. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: Fastly’s large share-price run over the past year has kept momentum investors engaged, and a recent conference presentation likely helped keep attention on the story. Fastly, Inc. (FSLY) Presents at 46th Annual William Blair Growth Stock Conference Transcript
• Neutral Sentiment: A new article questioned whether Fastly is still attractive after its sharp one-year rally, reflecting a valuation debate rather than a clear operating update. Is It Too Late To Reassess Fastly (FSLY) After Its 169% One Year Surge?
• Negative Sentiment: Recent insider sales by the CEO, CTO, president, and a director may create some caution, even though some of the trades were pre-planned. MarketBeat FSLY insider trading coverage
• Negative Sentiment: Older coverage also noted that Fastly’s record first-quarter results did not fully ease growth concerns, reminding investors that the company still faces skepticism about the durability of its expansion. Stock Market Today, May 7: Fastly Shares Plunge After Record Q1 Results Fail to Ease Growth Concerns

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.