Insider Selling: Fastly (NASDAQ:FSLY) CEO Sells $193,132.36 in Stock

Fastly, Inc. (NASDAQ:FSLY) CEO Charles Compton, III sold 9,458 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $20.42, for a total transaction of $193,132.36. Following the transaction, the chief executive officer directly owned 904,777 shares in the company, valued at $18,475,546.34. This represents a 1.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 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 value of $1,188,834.81.
• On Monday, August 31st, Charles Compton, III sold 15,028 shares of Fastly stock. The stock was 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 value of $371,700.00.

Fastly Price Performance

FSLY stock opened at $20.59 on Monday. The company has a market cap of $3.28 billion, a PE ratio of -38.85 and a beta of 0.36. The business has a 50-day simple moving average of $22.22 and a 200 day simple moving average of $22.11. Fastly, Inc. has a 52 week low of $7.28 and a 52 week high of $34.82. 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 (NASDAQ:FSLY) last announced its quarterly earnings data 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 firm 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. Sell-side analysts anticipate that Fastly, Inc. will post -0.29 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on FSLY shares. Raymond James Financial reiterated an “outperform” rating and issued a $29.00 price target on shares of Fastly in a research note on Thursday, August 6th. Royal Bank Of Canada raised their price objective on Fastly from $22.00 to $28.00 and gave the company a “sector perform” rating in a research note on Thursday, August 6th. Piper Sandler lifted their target price on Fastly from $27.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Canaccord Genuity Group began coverage on Fastly in a research note on Friday, July 17th. They set a “buy” rating and a $27.00 target price for the company. Finally, Weiss Ratings reissued 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, five have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $25.33.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FSLY. PNC Financial Services Group Inc. increased its holdings in Fastly by 84.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after purchasing an additional 633 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in shares of Fastly during the first quarter valued at about $44,000. EverSource Wealth Advisors LLC grew its holdings in shares of Fastly by 39.8% during the first quarter. EverSource Wealth Advisors LLC now owns 2,204 shares of the company’s stock worth $64,000 after purchasing an additional 627 shares during the last quarter. C M Bidwell & Associates Ltd. acquired a new position in shares of Fastly in the second quarter valued at approximately $72,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Fastly in the fourth quarter valued at approximately $41,000. 79.71% of the stock is currently owned by institutional investors.

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.