Fastly (NYSE:FSLY) CEO Sells $371,700.00 in Stock

Fastly, Inc. (NYSE:FSLY) CEO Charles Lacey Compton III sold 14,868 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $25.00, for a total transaction of $371,700.00. Following the completion of the sale, the chief executive officer directly owned 1,030,592 shares of the company’s stock, valued at approximately $25,764,800. This trade represents a 1.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, June 3rd, Charles Lacey Compton III sold 9,313 shares of Fastly stock. The shares were sold at an average price of $20.79, for a total transaction of $193,617.27.
• On Friday, May 29th, Charles Lacey Compton III sold 15,028 shares of Fastly stock. The shares were sold at an average price of $16.96, for a total value of $254,874.88.
• 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 value of $185,812.00.
• On Monday, May 18th, Charles Lacey Compton III sold 34,334 shares of Fastly stock. The stock was sold at an average price of $16.85, for a total value of $578,527.90.

Fastly Trading Up 1.2%

Shares of FSLY stock opened at $22.96 on Friday. Fastly, Inc. has a 1-year low of $6.70 and a 1-year high of $34.82. The firm has a market cap of $3.66 billion, a PE ratio of -23.92 and a beta of 0.34. The company has a 50-day moving average of $19.64 and a two-hundred day moving average of $20.01. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46.

Key Headlines Impacting Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly reported record second-quarter revenue of $183.3 million, up 23% year over year. Non-GAAP earnings of $0.15 per share more than doubled the $0.07 consensus estimate, while security revenue surged 43% on demand related to AI traffic protection. Gross margin also reached a record 65.8%. Fastly Q2 Earnings Beat as Security Growth Spurs 2026 Outlook Hike
• Positive Sentiment: The edge-cloud company raised its 2026 outlook, including adjusted earnings guidance of $0.50 to $0.54 per share. Third-quarter revenue guidance of $184 million to $190 million and adjusted EPS guidance of $0.11 to $0.13 also exceeded expectations, supporting the view that Fastly’s improved profitability and security growth are continuing. Fastly Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Analysts responded by raising price targets: KeyBanc lifted its target from $27 to $30 while maintaining an overweight rating, and RBC increased its target from $22 to $28 with a sector-perform rating. The revisions reinforce expectations for further execution in security and AI-related traffic services.
• Neutral Sentiment: Fastly’s results highlighted strong security and AI-driven demand, but customer concentration remains a risk. A small number of large customers could make revenue growth more volatile if spending patterns change.
• Negative Sentiment: Despite the earnings beat and higher outlook, the stock initially declined after the report, suggesting investors may have expected an even stronger result. Following a substantial prior-year rally, valuation appears demanding and leaves less room for execution or guidance disappointments. Fastly Stock Looks Overvalued Despite a Strong Return
• Negative Sentiment: CEO Charles Lacey Compton III sold 14,868 shares for approximately $371,700, reducing his direct ownership by 1.42%. The sale was made under a pre-arranged Rule 10b5-1 plan, which limits its significance, but it may still create modest short-term selling pressure. Fastly CEO Insider Sale

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FSLY. Craig Hallum lowered shares of Fastly from a “buy” rating to a “hold” rating and set a $24.00 price target on the stock. in a research note on Tuesday, April 14th. Citigroup upped their target price on shares of Fastly from $13.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Raymond James Financial reissued an “outperform” rating and issued a $29.00 price target on shares of Fastly in a research report on Thursday. Royal Bank Of Canada upped their price objective on Fastly from $22.00 to $28.00 and gave the stock a “sector perform” rating in a research report on Thursday. Finally, Freedom Capital upgraded Fastly to a “strong-buy” rating in a research note on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $25.33.

Institutional Trading of Fastly

Large investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its stake in shares of Fastly by 84.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock valued at $40,000 after purchasing an additional 633 shares during the last quarter. Sound Income Strategies LLC acquired a new stake in shares of Fastly during the first quarter worth $44,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Fastly by 39.8% during the first quarter. EverSource Wealth Advisors LLC now owns 2,204 shares of the company’s stock worth $64,000 after purchasing an additional 627 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in Fastly in the 4th quarter valued at $41,000. Finally, Align Financial LLC purchased a new position in Fastly in the 4th quarter valued at $41,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

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.