Fastly (NASDAQ:FSLY) CTO Sells $55,660.00 in Stock

Fastly, Inc. (NASDAQ:FSLY) CTO Artur Bergman sold 2,200 shares of the company’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $25.30, for a total transaction of $55,660.00. Following the completion of the transaction, the chief technology officer owned 1,595,006 shares of the company’s stock, valued at approximately $40,353,651.80. This trade represents a 0.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 value of $1,345,617.48.
• On Monday, September 14th, Artur Bergman sold 31,079 shares of Fastly stock. The shares were sold at an average price of $24.53, for a total value 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 stock was sold at an average price of $22.72, for a total value 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 value 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 transaction 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 transaction of $363,120.16.
• On Monday, August 31st, Artur Bergman sold 6,225 shares of Fastly stock. The shares were sold at an average price of $23.00, for a total transaction of $143,175.00.
• On Thursday, August 27th, Artur Bergman sold 851 shares of Fastly stock. The shares were sold at an average price of $24.08, for a total transaction of $20,492.08.

Fastly Stock Up 13.7%

FSLY stock opened at $29.65 on Thursday. The firm’s 50-day moving average is $23.55 and its two-hundred day moving average is $22.60. The company 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 52 week low of $7.74 and a 52 week high of $34.82. 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 (NASDAQ:FSLY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, beating 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 business had revenue of $183.32 million during 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. On average, analysts forecast that Fastly, Inc. will post -0.29 earnings per share for the current fiscal year.

Institutional Trading of Fastly

Hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its stake in shares of Fastly by 39.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,204 shares of the company’s stock worth $64,000 after acquiring an additional 627 shares in the last quarter. PNC Financial Services Group Inc. raised 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 acquiring an additional 633 shares in the last quarter. IFP Advisors Inc lifted its holdings 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 purchasing an additional 1,346 shares during the last quarter. Sound Income Strategies LLC bought a new stake in Fastly during the first quarter worth approximately $44,000. Finally, Amundi boosted its position in Fastly by 4.6% during the first quarter. Amundi now owns 48,441 shares of the company’s stock worth $1,408,000 after purchasing an additional 2,129 shares during the period. Institutional investors and hedge funds own 79.71% of the company’s stock.

More Fastly News

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.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on FSLY shares. KeyCorp reaffirmed an “overweight” rating and issued a $30.00 price objective on shares of Fastly in a research note on Friday, September 18th. Freedom Capital upgraded shares of Fastly to a “strong-buy” rating in a report on Thursday, July 16th. Bank of America upped their price target on Fastly from $20.00 to $22.00 and gave the company an “underperform” rating in a report on Wednesday. Evercore reiterated an “outperform” rating on shares of Fastly in a research report on Wednesday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Fastly in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Fastly has a consensus rating of “Hold” and an average target price of $26.73.

About Fastly

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.