Insider Selling: Fastly (NASDAQ:FSLY) Insider Sells $1,129,758.80 in Stock

Fastly, Inc. (NASDAQ:FSLY) insider Jeffrey Ford sold 45,832 shares of the stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $24.65, for a total value of $1,129,758.80. Following the transaction, the insider directly owned 249,861 shares of the company’s stock, valued at approximately $6,159,073.65. The trade was a 15.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jeffrey Ford also recently made the following trade(s):

• On Wednesday, September 16th, Jeffrey Ford sold 37,091 shares of Fastly stock. The stock was sold at an average price of $23.84, for a total value of $884,249.44.

Fastly Stock Up 13.7%

Shares of FSLY opened at $29.65 on Thursday. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.36 and a quick ratio of 3.36. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of -55.94 and a beta of 0.36. Fastly, Inc. has a 1 year low of $7.74 and a 1 year high of $34.82. The business’s 50 day simple moving average is $23.55 and its 200-day simple moving average is $22.60.

Fastly (NASDAQ:FSLY) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.08. Fastly had a negative net margin of 11.80% and a negative return on equity of 6.31%. The company had revenue of $183.32 million for the quarter, compared to analysts’ expectations 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. As a group, equities analysts expect that Fastly, Inc. will post -0.29 earnings per share for the current fiscal year.

Key Stories Impacting Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s new AI Firewall, AI Runtime Control and API Security products are designed to protect and manage AI applications and agentic traffic at the edge. The launch strengthens the company’s AI narrative and could expand its addressable market. Fastly AI security push article
• Positive Sentiment: Freedom Broker raised its Fastly price target to $37 from $32 and maintained a “buy” rating, signaling additional upside based on expectations for growth in edge cloud, security and AI-related services.
• Positive Sentiment: Unusually high options activity indicated strong speculative interest: investors purchased 33,432 call contracts, roughly 187% above typical volume. Call buying can amplify bullish momentum when traders expect further gains.
• Positive Sentiment: Fastly’s latest quarterly results exceeded expectations, with revenue of $183.3 million and non-GAAP EPS of $0.15. Fiscal 2026 guidance calls for approximately $739 million of revenue and midpoint EPS of $0.52, supporting the case for improving operating leverage. Fastly earnings article
• Neutral Sentiment: Analyst views remain divided. DA Davidson lifted its target to $23 but kept a “neutral” rating, while commentary from BofA suggested Fastly’s transition into an edge platform is promising but that the AI opportunity remains uncertain.
• Negative Sentiment: CTO Artur Bergman sold 77,046 shares across September 21–22 for approximately $2.1 million. The sales were made under a pre-arranged Rule 10b5-1 plan, reducing their value as a discretionary bearish signal, but the transactions may still concern investors after the stock’s sharp advance.

Hedge Funds Weigh In On Fastly

Several hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc increased its stake in Fastly by 1,621.7% in the 2nd quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock worth $26,000 after buying an additional 1,346 shares during the period. PNC Financial Services Group Inc. grew its stake in Fastly by 84.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after acquiring an additional 633 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Fastly in the 4th quarter worth about $41,000. Sound Income Strategies LLC purchased a new position in shares of Fastly during the first quarter worth approximately $44,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Fastly during the second quarter worth approximately $48,000. 79.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on FSLY shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fastly in a research report on Friday, August 7th. KeyCorp reiterated an “overweight” rating and issued a $30.00 target price on shares of Fastly in a report on Friday, September 18th. DA Davidson boosted their target price on Fastly from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday. Evercore restated an “outperform” rating on shares of Fastly in a report on Wednesday. Finally, Piper Sandler increased their price target on Fastly from $27.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Fastly 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.