Fastly (NASDAQ:FSLY) CTO Sells 27,900 Shares

September 24, 2026 by InsiderTrades.com

Key Points

Fastly CTO Artur Bergman sold 27,900 shares at an average price of $27.82, generating $776,178. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, leaving him with about 1.52 million shares.
Fastly shares were trading up 13.7% at $29.65, near the upper end of their 12-month range. The company recently exceeded quarterly expectations with $183.3 million in revenue and $0.15 in EPS.
Analyst sentiment remains mixed: Fastly has a consensus rating of “Hold” and a $26.73 target price, while institutional investors own approximately 79.7% of the company.

Fastly, Inc. (NASDAQ:FSLY - Get Free Report) CTO Artur Bergman sold 27,900 shares of the company's stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $27.82, for a total transaction of $776,178.00. Following the transaction, the chief technology officer directly owned 1,517,960 shares of the company's stock, valued at approximately $42,229,647.20. This trade represents a 1.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround

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

On Monday, September 21st, Artur Bergman sold 49,146 shares of Fastly stock. The shares were sold at an average price of $27.38, for a total value of $1,345,617.48.
On Thursday, September 17th, Artur Bergman sold 2,200 shares of Fastly stock. The stock was 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 shares were 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 shares were 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 value of $203,571.20.
On Tuesday, September 8th, Artur Bergman sold 300 shares of Fastly stock. The stock was sold at an average price of $22.51, for a total value of $6,753.00.
On Thursday, September 3rd, Artur Bergman sold 18,519 shares of Fastly stock. The shares were 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 shares were 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 stock was 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 Trading Up 13.7%

NASDAQ:FSLY opened at $29.65 on Thursday. The company has a 50-day moving average price of $23.55 and a 200-day moving average price of $22.60. The stock has a market cap of $4.72 billion, a price-to-earnings ratio of -55.94 and a beta of 0.36. 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 $7.74 and a 12 month high of $34.82.

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Fastly (NASDAQ:FSLY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $183.32 million for the quarter, compared to analysts' expectations 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. Equities analysts predict that Fastly, Inc. will post -0.29 EPS for the current year.

More Fastly News

Here are the key news stories impacting Fastly this week:

Positive Sentiment: Fastly’s new AI Firewall, AI Runtime Control and API Security products are designed to protect and manage AI applications and agentic traffic at the edge. The launch strengthens the company’s AI narrative and could expand its addressable market. Fastly AI security push article
Positive Sentiment: Freedom Broker raised its Fastly price target to $37 from $32 and maintained a “buy” rating, signaling additional upside based on expectations for growth in edge cloud, security and AI-related services.
Positive Sentiment: Unusually high options activity indicated strong speculative interest: investors purchased 33,432 call contracts, roughly 187% above typical volume. Call buying can amplify bullish momentum when traders expect further gains.
Positive Sentiment: Fastly’s latest quarterly results exceeded expectations, with revenue of $183.3 million and non-GAAP EPS of $0.15. Fiscal 2026 guidance calls for approximately $739 million of revenue and midpoint EPS of $0.52, supporting the case for improving operating leverage. Fastly earnings article
Neutral Sentiment: Analyst views remain divided. DA Davidson lifted its target to $23 but kept a “neutral” rating, while commentary from BofA suggested Fastly’s transition into an edge platform is promising but that the AI opportunity remains uncertain.
Negative Sentiment: CTO Artur Bergman sold 77,046 shares across September 21–22 for approximately $2.1 million. The sales were made under a pre-arranged Rule 10b5-1 plan, reducing their value as a discretionary bearish signal, but the transactions may still concern investors after the stock’s sharp advance.

Analyst Ratings Changes

MarketBeat Week in Review – 11/6 - 11/10

FSLY has been the topic of a number of research analyst reports. Canaccord Genuity Group began coverage on Fastly in a report on Friday, July 17th. They set a "buy" rating and a $27.00 target price on the stock. Freedom Capital upgraded Fastly to a "strong-buy" rating in a research report on Thursday, July 16th. DA Davidson upped their price target on Fastly from $21.00 to $23.00 and gave the stock a "neutral" rating in a research note on Wednesday. KeyCorp reiterated an "overweight" rating and issued a $30.00 price objective on shares of Fastly in a report on Friday, September 18th. Finally, Piper Sandler increased their price objective on Fastly from $27.00 to $28.00 and gave the stock a "neutral" rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $26.73.

View Our Latest Stock Analysis on Fastly

Institutional Investors Weigh In On Fastly

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Trust Advisors LP increased its stake in shares of Fastly by 100.5% during the first quarter. First Trust Advisors LP now owns 7,031,952 shares of the company's stock valued at $204,349,000 after purchasing an additional 3,524,763 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Fastly by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,741,549 shares of the company's stock worth $79,620,000 after purchasing an additional 11,022 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Fastly by 120.0% in the 1st quarter. Bank of America Corp DE now owns 1,269,369 shares of the company's stock worth $36,888,000 after purchasing an additional 692,459 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Fastly by 90.7% in the 1st quarter. SG Americas Securities LLC now owns 685,415 shares of the company's stock worth $19,918,000 after purchasing an additional 326,087 shares in the last quarter. Finally, Wellington Management Group LLP purchased a new stake in shares of Fastly in the 2nd quarter worth approximately $8,696,000. Hedge funds and other institutional investors own 79.71% of the company's stock.

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.