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 dated Monday, October 26th. The stock was sold at an average price of $24.98, for a total transaction of $223,346.18. Following the transaction, the chief executive officer directly owned 822,559 shares in the company, valued at $20,547,523.82. The trade was a 1.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 stock was 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 shares were sold at an average price of $24.90, for a total value of $284,681.70.
• On Monday, September 14th, Charles Compton, III sold 50,392 shares of Fastly stock. The shares were sold at an average price of $24.93, for a total value 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 value of $51,716.28.
• On Wednesday, September 2nd, Charles Compton, III sold 9,458 shares of Fastly stock. The stock was 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 value 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 value of $276,478.62.
• On Tuesday, August 18th, Charles Compton, III sold 34,552 shares of Fastly stock. The shares were sold at an average price of $28.60, for a total value of $988,187.20.
• On Tuesday, August 4th, Charles Compton, III sold 14,868 shares of Fastly stock. The stock was sold at an average price of $25.00, for a total transaction of $371,700.00.

Fastly Stock Performance

FSLY stock traded down $0.34 during trading on Wednesday, hitting $27.03. 3,317,580 shares of the company’s stock traded hands, compared to its average volume of 8,950,006. The company has a quick ratio of 3.36, a current 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. The stock has a fifty day moving average price of $24.41 and a two-hundred day moving average price of $21.04. The stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of -51.00 and a beta of 0.31.

Fastly (NASDAQ:FSLY) last posted its quarterly 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 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 the consensus estimate 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 anticipate that Fastly, Inc. will post -0.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on FSLY shares. KeyCorp reiterated an “overweight” rating and set 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 note on Wednesday, September 23rd. Piper Sandler upped their target price on Fastly from $27.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fastly in a research report on Friday, August 7th. Finally, Freedom Broker increased their price target on Fastly from $32.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Fastly presently has a consensus rating of “Hold” and an average price target of $27.42.

Hedge Funds Weigh In On Fastly

Several hedge funds and other institutional investors have recently modified their holdings of FSLY. Signaturefd LLC grew its position in shares of Fastly by 98,700.0% during the third 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. IFP Advisors Inc increased its holdings in shares of 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 acquiring an additional 1,346 shares during the period. GAMMA Investing LLC increased its holdings in shares of Fastly by 38.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,510 shares of the company’s stock worth $39,000 after acquiring an additional 419 shares during the period. PNC Financial Services Group Inc. lifted its position in 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. Finally, Sound Income Strategies LLC bought a new stake in Fastly in the 1st quarter valued at about $44,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

About Fastly

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.