Fastly (NASDAQ:FSLY) Stock: Insider Charles Lacey Compton III Sells 11,433 Shares

Fastly, Inc. (NASDAQ:FSLY) CEO Charles Compton, III sold 11,433 shares of the stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $24.90, for a total transaction of $284,681.70. Following the sale, the chief executive officer directly owned 840,516 shares in the company, valued at $20,928,848.40. This trade represents a 1.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 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 transaction of $208,089.28.
• 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 stock was sold at an average price of $21.23, for a total transaction 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 transaction of $193,132.36.
• On Tuesday, September 1st, Charles Compton, III sold 55,579 shares of Fastly stock. The shares were 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 transaction of $345,644.00.
• On Wednesday, August 19th, Charles Compton, III sold 11,198 shares of Fastly stock. The stock was 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 value of $371,700.00.

Fastly Price Performance

Shares of FSLY opened at $23.30 on Thursday. The business’s fifty day simple moving average is $24.60 and its two-hundred day simple moving average is $22.46. 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 12 month low of $7.87 and a 12 month high of $34.82.

Fastly (NASDAQ:FSLY) last posted its earnings results on Wednesday, August 5th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.08. The business had revenue of $183.32 million during the quarter, compared to analyst estimates of $173.94 million. Fastly had a negative return on equity of 6.31% and a negative net margin of 11.80%. 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, equities analysts expect that Fastly, Inc. will post -0.29 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on FSLY shares. KeyCorp reissued an “overweight” rating and issued a $30.00 price objective on shares of Fastly in a research note on Friday, September 18th. Raymond James Financial restated an “outperform” rating on shares of Fastly in a research report on Wednesday, September 23rd. Freedom Capital raised Fastly to a “strong-buy” rating in a research note on Thursday, July 16th. Piper Sandler increased their price objective on shares of Fastly from $27.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Finally, Canaccord Genuity Group began coverage on Fastly in a report on Friday, July 17th. They issued a “buy” rating and a $27.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $27.42.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FSLY. IFP Advisors Inc increased its holdings in Fastly by 1,621.7% during the second quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock valued at $26,000 after buying an additional 1,346 shares during the period. GAMMA Investing LLC grew its stake in Fastly by 38.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,510 shares of the company’s stock worth $39,000 after buying an additional 419 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Fastly by 84.6% during the first 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. Caitong International Asset Management Co. Ltd acquired a new position in Fastly during the 4th quarter valued at approximately $41,000. Finally, Sound Income Strategies LLC acquired a new position in shares of Fastly in the 1st quarter valued at $44,000. 79.71% of the stock is currently owned by institutional investors.

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.