Key Points
- Fastly CFO Richard Wong sold 148,015 shares at an average price of $28.61, worth approximately $4.23 million, reducing his direct ownership by 11.94% to 1.09 million shares.
- Fastly reported quarterly revenue of $183.32 million and EPS of $0.15, exceeding analyst expectations of $173.94 million and $0.07, respectively. The company guided to fiscal 2026 EPS of $0.50–$0.54.
- Several senior executives sold shares totaling roughly $7.84 million, though the CEO and CTO transactions were conducted under pre-arranged Rule 10b5-1 plans. Analysts maintain a consensus “Hold” rating with an average price target of $25.33.
Fastly, Inc. (NASDAQ:FSLY - Get Free Report) CEO Charles Lacey Compton III sold 11,198 shares of the company's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $24.69, for a total value of $276,478.62. Following the sale, the chief executive officer owned 984,842 shares of the company's stock, valued at approximately $24,315,748.98. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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, August 18th, Charles Lacey Compton III sold 34,552 shares of Fastly stock. The stock was sold at an average price of $28.60, for a total value of $988,187.20.
- On Tuesday, August 4th, Charles Lacey Compton III sold 14,868 shares of Fastly stock. The shares were sold at an average price of $25.00, for a total value of $371,700.00.
- On Wednesday, June 3rd, Charles Lacey Compton III sold 9,313 shares of Fastly stock. The stock was sold at an average price of $20.79, for a total transaction of $193,617.27.
- On Friday, May 29th, Charles Lacey Compton III sold 15,028 shares of Fastly stock. The stock was sold at an average price of $16.96, for a total transaction of $254,874.88.
Fastly Price Performance
Shares of NASDAQ:FSLY opened at $22.71 on Friday. The firm has a 50 day moving average of $21.09 and a 200-day moving average of $21.23. The stock has a market capitalization of $3.62 billion, a PE ratio of -42.85 and a beta of 0.34. The company has a current ratio of 3.36, a quick ratio of 3.36 and a debt-to-equity ratio of 0.33. Fastly, Inc. has a 12 month low of $7.01 and a 12 month high of $34.82.
Fastly (NASDAQ:FSLY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.08. The business had revenue of $183.32 million for the quarter, compared to analyst estimates of $173.94 million. Fastly had a negative net margin of 11.80% and a negative return on equity of 6.31%. Fastly has set its FY 2026 guidance at 0.500-0.540 EPS and its Q3 2026 guidance at 0.110-0.130 EPS. On average, equities research analysts predict that Fastly, Inc. will post -0.29 EPS for the current fiscal year.
Key Headlines Impacting Fastly
Here are the key news stories impacting Fastly this week:
- Positive Sentiment: Fastly’s edge-cloud platform remains positioned to benefit from long-term growth in artificial intelligence and cloud-computing demand. The company recently exceeded quarterly earnings and revenue expectations, reporting $0.15 in EPS versus the $0.07 consensus estimate and $183.32 million in revenue versus expectations of $173.94 million. Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
- Neutral Sentiment: Fastly CTO Artur Bergman sold 64,074 shares for approximately $1.71 million across August 18–19, while CEO Charles Lacey Compton III sold 45,750 shares for roughly $1.26 million. Both executives’ transactions were executed under pre-arranged Rule 10b5-1 trading plans, which reduces their value as a discretionary signal about management’s outlook. CTO SEC Form 4 Filing CEO SEC Form 4 Filing
- Negative Sentiment: Investor concerns about competitive pressure from AI weighed on software stocks after a report said Anthropic’s anticipated IPO could rival or exceed SpaceX’s record debut. The news appears to have intensified worries that major AI companies could capture spending and attention that might otherwise benefit infrastructure providers such as Fastly. Why Fastly Shares Are Falling Today
- Negative Sentiment: CFO Richard Wong sold 148,015 shares valued at approximately $4.23 million, reducing his direct ownership by 11.94%. Another insider, Scott R. Lovett, sold 14,936 shares for about $427,000. Combined with the CEO and CTO transactions, the roughly $7.8 million of recent insider selling may weigh on sentiment, even though some sales were conducted under 10b5-1 plans. Fastly Insider Selling Alert
Hedge Funds Weigh In On Fastly
A number of institutional investors and hedge funds have recently bought and sold shares of FSLY. Vanguard Group Inc. raised its position in Fastly by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 16,976,906 shares of the company's stock valued at $172,825,000 after purchasing an additional 310,234 shares during the last quarter. Morgan Stanley grew its holdings in shares of Fastly by 14.7% during the fourth quarter. Morgan Stanley now owns 8,339,234 shares of the company's stock worth $84,893,000 after purchasing an additional 1,071,222 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Fastly by 100.5% in the first quarter. First Trust Advisors LP now owns 7,031,952 shares of the company's stock valued at $204,349,000 after buying an additional 3,524,763 shares during the period. Alyeska Investment Group L.P. increased its stake in shares of Fastly by 2,795.2% in the fourth quarter. Alyeska Investment Group L.P. now owns 4,789,185 shares of the company's stock valued at $48,754,000 after buying an additional 4,623,767 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in Fastly by 2.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,137,808 shares of the company's stock valued at $35,380,000 after buying an additional 117,213 shares during the last quarter. Institutional investors and hedge funds own 79.71% of the company's stock.
Analyst Ratings Changes
Several equities analysts have recently issued reports on FSLY shares. Citigroup lifted their price target on Fastly from $13.00 to $25.00 and gave the company a "neutral" rating in a research note on Thursday, May 7th. Raymond James Financial reaffirmed an "outperform" rating and issued a $29.00 price objective on shares of Fastly in a research note on Thursday, August 6th. KeyCorp boosted their target price on Fastly from $27.00 to $30.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Piper Sandler raised their price target on shares of Fastly from $27.00 to $28.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Finally, Evercore reaffirmed an "outperform" rating on shares of Fastly in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Fastly presently has an average rating of "Hold" and an average price target of $25.33.
View Our Latest Research Report on Fastly
About Fastly
(
Get Free Report)
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.
Further Reading
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