Stock Traders Purchase Large Volume of Fastly Call Options (NYSE:FSLY)

Fastly, Inc. (NYSE:FSLY) was the recipient of some unusual options trading activity on Thursday. Investors purchased 99,745 call options on the company. This is an increase of approximately 1,986% compared to the average volume of 4,781 call options.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Royal Bank Of Canada increased their target price on Fastly from $10.00 to $12.00 and gave the company a “sector perform” rating in a report on Thursday. KeyCorp raised shares of Fastly from a “sector weight” rating to an “overweight” rating and set a $14.00 price target for the company in a research report on Monday, December 15th. Citigroup raised their price objective on shares of Fastly from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday. Piper Sandler restated a “neutral” rating and set a $14.00 target price (up from $11.00) on shares of Fastly in a research report on Thursday. Finally, Wall Street Zen raised shares of Fastly from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $12.00.

Fastly Trading Up 13.8%

Shares of NYSE:FSLY opened at $18.26 on Friday. The stock has a 50 day moving average of $10.03 and a 200 day moving average of $9.14. The company has a market cap of $2.73 billion, a PE ratio of -19.02 and a beta of 1.03. Fastly has a 12-month low of $4.65 and a 12-month high of $19.14. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.

Insider Activity at Fastly

In related news, insider Scott R. Lovett sold 42,118 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $10.10, for a total value of $425,391.80. Following the sale, the insider owned 1,002,137 shares in the company, valued at approximately $10,121,583.70. This trade represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Artur Bergman sold 62,828 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $10.48, for a total transaction of $658,437.44. Following the sale, the chief technology officer owned 2,975,730 shares of the company’s stock, valued at approximately $31,185,650.40. This represents a 2.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 706,530 shares of company stock valued at $7,298,947 over the last three months. 6.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Fastly

A number of institutional investors have recently bought and sold shares of the business. Byrne Asset Management LLC purchased a new position in shares of Fastly in the third quarter valued at about $43,000. Quarry LP purchased a new stake in shares of Fastly during the third quarter worth about $49,000. Geneos Wealth Management Inc. bought a new stake in Fastly during the 1st quarter valued at approximately $52,000. C M Bidwell & Associates Ltd. purchased a new position in Fastly in the 4th quarter worth approximately $54,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in Fastly in the 3rd quarter worth approximately $56,000. Hedge funds and other institutional investors own 79.71% of the company’s stock.

Key Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Record Q4 and full‑year results, first profitable year on a non‑GAAP basis and stronger than expected guidance—primary catalyst for the rally. Fastly Delivers Record Q4 2025 Results, Achieves Profitability
• Positive Sentiment: Investor/analyst narratives highlight Fastly as an “agentic AI” play — expected sustained traffic and revenue tailwinds from AI workloads support higher growth expectations. The Agentic AI Revolution: Fastly’s Moment
• Positive Sentiment: Unusually large options activity (nearly 100k call contracts) and heavy share volume likely amplified the move and may reflect speculative/short‑covering flows supporting the rally.
• Neutral Sentiment: Detailed earnings call and slide deck available for those who want to drill into margin drivers, product mix (in‑line/edge products) and the assumptions behind guidance. Fastly Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Round‑up coverage explains the move and positioning—useful for sentiment/read‑through but not new company data. Why is Fastly (FSLY) stock rocketing higher today?
• Negative Sentiment: Regulatory/contest risk: multiple law‑firm “investigations” / investor alerts were filed after the print—could create headline risk or shareholder litigation. Morris Kandinov LLP Investor Alert Halper Sadeh LLC Notice
• Negative Sentiment: Insider selling: CTO sold blocks of shares in recent weeks (SEC Form 4 disclosure), which some investors may view as a negative signal despite his remaining large stake. SEC Form 4 – Artur Bergman
• Negative Sentiment: Some sell‑side caution remains (DA Davidson trimmed its target), underscoring remaining valuation and execution risks despite the strong quarter. Fastly price target lowered to $9 at DA Davidson

Fastly Company Profile

Fastly, Inc operates an edge cloud platform designed to accelerate, secure and enable modern digital experiences. The company offers a suite of services including a content delivery network (CDN), edge compute, load balancing, web application firewall (WAF) and DDoS protection. Fastly’s real-time architecture allows customers to seamlessly deploy software logic at the network edge, reducing latency by bringing applications and content closer to end users.

Founded in 2011 by Artur Bergman, Fastly has evolved from a pure-play CDN provider into a comprehensive edge cloud platform.