Fastly (NASDAQ:FSLY) CTO Artur Bergman Sells 49,146 Shares of Stock

Posted by Casey Walker on Sep 23rd, 2026

Fastly, Inc. (NASDAQ:FSLY – Get Free Report) CTO Artur Bergman sold 49,146 shares of the company’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $27.38, for a total value of $1,345,617.48. Following the sale, the chief technology officer directly owned 1,545,860 shares of the company’s stock, valued at approximately $42,325,646.80. This represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Artur Bergman also recently made the following trade(s):

On Tuesday, September 22nd, Artur Bergman sold 27,900 shares of Fastly stock. The shares were sold at an average price of $27.82, for a total value of $776,178.00.
On Thursday, September 17th, Artur Bergman sold 2,200 shares of Fastly stock. The shares were sold at an average price of $25.30, for a total value of $55,660.00.
On Monday, September 14th, Artur Bergman sold 31,079 shares of Fastly stock. The stock was sold at an average price of $24.53, for a total value of $762,367.87.
On Tuesday, September 15th, Artur Bergman sold 2,500 shares of Fastly stock. The stock was sold at an average price of $25.14, for a total value of $62,850.00.
On Wednesday, September 9th, Artur Bergman sold 8,960 shares of Fastly stock. The shares were sold at an average price of $22.72, for a total transaction of $203,571.20.
On Tuesday, September 8th, Artur Bergman sold 300 shares of Fastly stock. The shares were sold at an average price of $22.51, for a total transaction of $6,753.00.
On Thursday, September 3rd, Artur Bergman sold 18,519 shares of Fastly stock. The stock was sold at an average price of $20.90, for a total transaction of $387,047.10.
On Thursday, September 3rd, Artur Bergman sold 17,576 shares of Fastly stock. The stock was sold at an average price of $20.66, for a total transaction of $363,120.16.
On Monday, August 31st, Artur Bergman sold 6,225 shares of Fastly stock. The shares were sold at an average price of $23.00, for a total transaction of $143,175.00.
On Thursday, August 27th, Artur Bergman sold 851 shares of Fastly stock. The stock was sold at an average price of $24.08, for a total transaction of $20,492.08.

Fastly Stock Performance

NASDAQ FSLY traded up $3.57 during trading hours on Wednesday, hitting $29.65. 29,901,667 shares of the stock were exchanged, compared to its average volume of 9,361,164. The company has a quick ratio of 3.36, a current ratio of 3.36 and a debt-to-equity ratio of 0.33. The company has a market cap of $4.72 billion, a price-to-earnings ratio of -55.94 and a beta of 0.36. Fastly, Inc. has a 12-month low of $7.74 and a 12-month high of $34.82. The stock has a 50-day moving average of $23.35 and a 200 day moving average of $22.54.

Fastly (NASDAQ:FSLY – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, beating 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 company had revenue of $183.32 million for the quarter, compared to analyst estimates 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.

Key Stories Impacting Fastly

Here are the key news stories impacting Fastly this week:

Positive Sentiment: Freedom Broker raised its price target on Fastly from $32 to $37 and upgraded the shares to “buy,” implying additional upside. Freedom Broker price target report
Positive Sentiment: Unusually strong options activity suggests bullish near-term speculation: investors purchased 33,432 call options, approximately 187% above typical call volume.
Positive Sentiment: Fastly is expanding beyond content delivery into a broader edge platform, including AI Firewall, AI Runtime Control and API security products. The strategy could enlarge its addressable market as businesses seek to secure and manage AI-related traffic. Fastly expands edge platform article
Positive Sentiment: Recent quarterly results support the bullish case: revenue reached a record $183.3 million, up 23% year over year, while non-GAAP EPS of $0.15 exceeded expectations. Full-year 2026 guidance was also raised to approximately $739 million of revenue and $0.52 EPS at the midpoint. Fastly earnings and valuation article
Neutral Sentiment: Bank of America said Fastly’s move toward an edge platform is strategically promising, but the size and timing of the AI opportunity remain uncertain. The company remains unprofitable on a trailing basis, increasing the importance of execution and margin expansion.
Negative Sentiment: DA Davidson maintained a “neutral” rating and set a $23 price target, citing high expectations after the rally. The target is well below recent trading levels. DA Davidson Fastly price target article
Negative Sentiment: Investor Day prompted profit-taking after the stock’s sharp advance, highlighting concerns that much of the AI and turnaround optimism may already be reflected in the valuation. Fastly rally and profit-taking article

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. First Trust Advisors LP grew its stake in Fastly by 100.5% in the 1st quarter. First Trust Advisors LP now owns 7,031,952 shares of the company’s stock valued at $204,349,000 after acquiring an additional 3,524,763 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Fastly by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,741,549 shares of the company’s stock valued at $79,620,000 after purchasing an additional 11,022 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Fastly by 120.0% in the first quarter. Bank of America Corp DE now owns 1,269,369 shares of the company’s stock valued at $36,888,000 after purchasing an additional 692,459 shares in the last quarter. SG Americas Securities LLC grew its position in shares of Fastly by 90.7% in the first quarter. SG Americas Securities LLC now owns 685,415 shares of the company’s stock valued at $19,918,000 after purchasing an additional 326,087 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of Fastly in the second quarter valued at approximately $8,696,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on FSLY shares. Canaccord Genuity Group assumed coverage on Fastly in a research report on Friday, July 17th. They issued a “buy” rating and a $27.00 price objective for the company. Royal Bank Of Canada restated a “sector perform” rating and set a $25.00 target price on shares of Fastly in a research report on Wednesday. Raymond James Financial reiterated an “outperform” rating on shares of Fastly in a report on Wednesday. DA Davidson raised their price objective on shares of Fastly from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Freedom Capital raised shares of Fastly to a “strong-buy” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $26.73.

Get Our Latest Stock Analysis on FSLY

About Fastly

(Get Free Report)

Fastly, Inc is a cloud computing company that provides an edge cloud platform for delivering, securing and accelerating digital experiences. Its platform processes and serves applications, websites, APIs, streaming media and other internet content closer to end users, helping organizations improve performance, reliability and control.

Fastly’s product portfolio includes content delivery and application performance services, application programming interface (API) security, web application and bot protection, distributed denial-of-service (DDoS) mitigation, and edge compute capabilities.