Fastly (NASDAQ:FSLY) Stock: Insider Charles Lacey Compton III Sells 8,941 Shares

Fastly, Inc. (NASDAQ:FSLY) CEO Charles Compton, III sold 8,941 shares of the stock in a transaction on Monday, October 26th. The shares were sold at an average price of $24.98, for a total transaction of $223,346.18. Following the completion of the sale, the chief executive officer directly owned 822,559 shares of the company’s stock, valued at approximately $20,547,523.82. This trade represents a 1.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 Monday, October 19th, Charles Compton, III sold 9,016 shares of Fastly stock. The shares were sold at an average price of $23.08, for a total value of $208,089.28.
• On Friday, October 16th, Charles Compton, III sold 11,433 shares of Fastly stock. The stock was sold at an average price of $24.90, for a total transaction of $284,681.70.
• On Monday, September 14th, Charles Compton, III sold 50,392 shares of Fastly stock. The stock was sold at an average price of $24.93, for a total transaction of $1,256,272.56.
• On Tuesday, September 8th, Charles Compton, III sold 2,436 shares of Fastly stock. The shares were sold at an average price of $21.23, for a total value of $51,716.28.
• On Wednesday, September 2nd, Charles Compton, III sold 9,458 shares of Fastly stock. The shares were sold at an average price of $20.42, for a total value of $193,132.36.
• On Tuesday, September 1st, Charles Compton, III sold 55,579 shares of Fastly stock. The stock was sold at an average price of $21.39, for a total transaction of $1,188,834.81.
• On Monday, August 31st, Charles Compton, III sold 15,028 shares of Fastly stock. The shares were sold at an average price of $23.00, for a total value of $345,644.00.
• On Wednesday, August 19th, Charles Compton, III sold 11,198 shares of Fastly stock. The shares were sold at an average price of $24.69, for a total transaction of $276,478.62.
• On Tuesday, August 18th, Charles Compton, III sold 34,552 shares of Fastly stock. The stock was sold at an average price of $28.60, for a total transaction of $988,187.20.
• On Tuesday, August 4th, Charles Compton, III sold 14,868 shares of Fastly stock. The shares were sold at an average price of $25.00, for a total transaction of $371,700.00.

Fastly Stock Performance

Shares of Fastly stock opened at $25.64 on Friday. The firm has a fifty day moving average of $24.46 and a two-hundred day moving average of $21.21. 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, Inc. has a 52 week low of $7.87 and a 52 week high of $34.82.

Fastly (NASDAQ:FSLY) last issued its earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.08. Fastly had a negative return on equity of 6.31% and a negative net margin of 11.80%. The firm 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 research analysts forecast that Fastly, Inc. will post -0.29 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on FSLY shares. KeyCorp restated an “overweight” rating and set a $30.00 target price on shares of Fastly in a report on Friday, September 18th. Canaccord Genuity Group initiated coverage on Fastly in a report on Friday, July 17th. They set a “buy” rating and a $27.00 target price for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Fastly in a research report on Friday, August 7th. Freedom Capital upgraded Fastly to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Fastly in a research report on Wednesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Fastly has an average rating of “Hold” and a consensus target price of $27.42.

Institutional Trading of Fastly

A number of hedge funds and other institutional investors have recently modified their holdings of FSLY. GAMMA Investing LLC increased its holdings in shares of Fastly by 38.4% during the third quarter. GAMMA Investing LLC now owns 1,510 shares of the company’s stock worth $39,000 after buying an additional 419 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings 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 valued at $64,000 after acquiring an additional 627 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Fastly by 84.6% during 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. Cim Investment Management Inc. grew its position in Fastly by 7.4% during the 2nd quarter. Cim Investment Management Inc. now owns 10,816 shares of the company’s stock worth $199,000 after acquiring an additional 747 shares during the last quarter. Finally, Signaturefd LLC grew its position in Fastly by 98,700.0% during the 3rd quarter. Signaturefd LLC now owns 988 shares of the company’s stock worth $25,000 after acquiring an additional 987 shares during the last quarter. Institutional investors own 79.71% of the company’s stock.

Fastly Company Profile

Fastly, Inc is a technology company that provides an edge cloud platform designed to help businesses deliver, secure, and optimize digital applications and content. Its platform processes data and applications closer to end users, supporting faster performance, improved reliability, and greater control over internet-based services.

Fastly’s products and services include content delivery, application programming interface (API) acceleration, edge computing, application and API security, bot management, distributed denial-of-service protection, and observability tools.