Insider Selling: Fastly (NASDAQ:FSLY) CEO Sells $223,346.18 in Stock

Fastly, Inc. (NASDAQ:FSLY) CEO Charles Compton, III sold 8,941 shares of the firm’s stock in a transaction on Monday, October 26th. The shares were sold at an average price of $24.98, for a total value of $223,346.18. Following the completion of the sale, the chief executive officer owned 822,559 shares in the company, valued at $20,547,523.82. The trade was a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through 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 stock was sold at an average price of $24.90, for a total transaction 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 transaction of $1,256,272.56.
• On Tuesday, September 8th, Charles Compton, III sold 2,436 shares of Fastly stock. The shares were 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 stock was 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 stock was 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 shares were 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 shares were 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 stock was sold at an average price of $25.00, for a total value of $371,700.00.

Fastly Stock Down 9.9%

FSLY opened at $23.11 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.36 and a current ratio of 3.36. Fastly, Inc. has a 1-year low of $7.87 and a 1-year high of $34.82. The business has a 50 day moving average price of $24.46 and a two-hundred day moving average price of $21.28.

Fastly (NASDAQ:FSLY) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) 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 firm had revenue of $183.32 million during 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. Research analysts anticipate that Fastly, Inc. will post -0.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on FSLY shares. KeyCorp reiterated an “overweight” rating and set a $30.00 price objective on shares of Fastly in a research report on Friday, September 18th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Fastly in a research report on Friday, August 7th. 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. Evercore reiterated an “outperform” rating on shares of Fastly in a research report on Wednesday, September 23rd. Finally, Freedom Broker lifted their price target on Fastly from $32.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $27.42.

Hedge Funds Weigh In On Fastly

Several institutional investors and hedge funds have recently bought and sold shares of the business. Signaturefd LLC boosted its holdings 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 purchasing an additional 987 shares during the period. PNC Financial Services Group Inc. grew its position in 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 purchasing an additional 633 shares in the last quarter. IFP Advisors Inc grew its position 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 purchasing an additional 1,346 shares in the last quarter. GAMMA Investing LLC increased its stake in Fastly by 38.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,510 shares of the company’s stock valued at $39,000 after buying an additional 419 shares during the period. Finally, Sound Income Strategies LLC acquired a new position in Fastly in the 1st quarter valued at approximately $44,000. Hedge funds and other institutional investors own 79.71% of the company’s stock.

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.