Charles Lacey Compton III Sells 15,028 Shares of Fastly (NYSE:FSLY) Stock

Fastly, Inc. (NYSE:FSLY) CEO Charles Lacey Compton III sold 15,028 shares of Fastly stock in a transaction on Friday, May 29th. The shares were sold at an average price of $16.96, for a total transaction of $254,874.88. Following the completion of the transaction, the chief executive officer directly owned 1,073,258 shares in the company, valued at $18,202,455.68. The trade was a 1.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Charles Lacey Compton III also recently made the following trade(s):

• On Tuesday, May 19th, Charles Lacey Compton III sold 11,275 shares of Fastly stock. The shares were sold at an average price of $16.48, for a total transaction of $185,812.00.
• On Monday, May 18th, Charles Lacey Compton III sold 34,334 shares of Fastly stock. The shares were sold at an average price of $16.85, for a total transaction of $578,527.90.
• On Friday, April 17th, Charles Lacey Compton III sold 7,059 shares of Fastly stock. The shares were sold at an average price of $24.57, for a total transaction of $173,439.63.
• On Thursday, April 16th, Charles Lacey Compton III sold 22,474 shares of Fastly stock. The shares were sold at an average price of $24.33, for a total transaction of $546,792.42.
• On Thursday, March 5th, Charles Lacey Compton III sold 36,694 shares of Fastly stock. The shares were sold at an average price of $20.69, for a total transaction of $759,198.86.
• On Wednesday, March 4th, Charles Lacey Compton III sold 73,206 shares of Fastly stock. The shares were sold at an average price of $20.94, for a total transaction of $1,532,933.64.

Fastly Stock Performance

Shares of FSLY opened at $20.83 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a market capitalization of $3.26 billion, a P/E ratio of -21.70 and a beta of 0.49. The company’s fifty day moving average is $23.74 and its two-hundred day moving average is $17.08. Fastly, Inc. has a 1 year low of $6.29 and a 1 year high of $34.82.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. William Blair raised shares of Fastly from a “market perform” rating to an “outperform” rating in a research note on Thursday, February 12th. Piper Sandler dropped their price objective on shares of Fastly to $27.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. DA Davidson set a $13.00 price objective on shares of Fastly in a research note on Thursday, February 12th. Citigroup boosted their price objective on shares of Fastly from $13.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, Royal Bank Of Canada dropped their price objective on shares of Fastly to $18.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 7th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $22.63.

Institutional Investors Weigh In On Fastly

Institutional investors have recently made changes to their positions in the stock. Divisadero Street Capital Management LP purchased a new stake in shares of Fastly during the 3rd quarter worth $21,174,000. Vanguard Group Inc. boosted its position in shares of Fastly by 3.4% during the 3rd quarter. Vanguard Group Inc. now owns 16,666,672 shares of the company’s stock worth $142,500,000 after purchasing an additional 554,909 shares in the last quarter. Picton Mahoney Asset Management purchased a new stake in shares of Fastly during the 3rd quarter worth $781,000. Algert Global LLC boosted its position in shares of Fastly by 288.8% during the 3rd quarter. Algert Global LLC now owns 1,521,733 shares of the company’s stock worth $13,011,000 after purchasing an additional 1,130,293 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new stake in shares of Fastly during the 3rd quarter worth $61,864,000. 79.71% of the stock is currently owned by hedge funds and other institutional investors.

More Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s recent update highlighted stronger security growth, a higher 2026 revenue guidance range, and new AI-oriented tooling, reinforcing the bull case for its edge platform. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: Analysts have remained constructive, with recent price targets from firms such as KeyBanc and Piper Sandler above the current trading range, which can help attract buyers. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: The stock’s sharp one-year run has kept momentum investors engaged, and Fastly’s conference presentation likely helped maintain visibility around the story. Fastly, Inc. (FSLY) Presents at 46th Annual William Blair Growth Stock Conference Transcript
• Neutral Sentiment: One recent article questioned whether Fastly is still attractive after its big rally, reflecting a valuation debate rather than a clear change in fundamentals. Is It Too Late To Reassess Fastly (FSLY) After Its 169% One Year Surge?
• Negative Sentiment: Recent insider selling by the CEO, CTO, and a director may create some caution, even though at least one trade was made under a pre-arranged 10b5-1 plan. Fastly (NYSE:FSLY) Director Christopher Paisley Sells 1,000 Shares
• Negative Sentiment: Older coverage also noted that Fastly’s strong first-quarter results did not fully calm growth concerns, which may limit upside if investors demand more proof of sustained execution. 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.