Fastly (NASDAQ:FSLY) CTO Artur Bergman Sells 379,602 Shares of Company Stock

September 26, 2026 by InsiderTrades.com

Key Points

Fastly CTO Artur Bergman sold 379,602 shares at an average price of $30.16, generating approximately $11.45 million and reducing his position by 25.01% to 1.14 million shares. The transaction was executed under a pre-arranged Rule 10b5-1 plan.
Fastly shares were trading at $24.96, down 6.4%, despite the company exceeding quarterly earnings and revenue expectations. Analysts have a consensus “Hold” rating with an average price target of $26.73.
Fastly’s growth outlook is supported by edge computing, cybersecurity and AI products, but investors remain concerned about whether AI-related traffic will translate into meaningful revenue.

Fastly, Inc. (NASDAQ:FSLY - Get Free Report) CTO Artur Bergman sold 379,602 shares of the company's stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $30.16, for a total transaction of $11,448,796.32. Following the transaction, the chief technology officer owned 1,138,358 shares of the company's stock, valued at $34,332,877.28. This represents a 25.01% decrease in their position. The transaction 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 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 transaction of $776,178.00.
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 transaction 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 transaction 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 transaction 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 transaction 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 stock was sold at an average price of $20.90, for a total value 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 value 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 value of $143,175.00.

Fastly Trading Down 6.4%

NASDAQ:FSLY opened at $24.96 on Friday. Fastly, Inc. has a 1 year low of $7.74 and a 1 year high of $34.82. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of -47.09 and a beta of 0.36. The business has a fifty day moving average of $23.76 and a 200-day moving average of $22.66. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.36 and a current ratio of 3.36.

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Fastly (NASDAQ:FSLY - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 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 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. Equities analysts predict that Fastly, Inc. will post -0.29 earnings per share for the current year.

Key Fastly News

Here are the key news stories impacting Fastly this week:

Positive Sentiment: Fastly’s Investor Day outlined a 14%–21% long-term annual revenue-growth target through 2029. Management also highlighted its AI Firewall, AI Runtime Control and API Security products, which could expand Fastly’s edge-cloud and cybersecurity opportunity. Fastly Investor Day and AI security article
Positive Sentiment: Some analysts remain constructive. Freedom Broker reportedly raised its price target to $37 from $32 and maintained a buy rating, while other analysts cited potential growth in edge computing, security and AI-related traffic.
Positive Sentiment: Options activity was unusually strong, including substantial call buying, indicating continued speculative interest and expectations for further gains.
Neutral Sentiment: The recent rally followed reports that Fastly helps power Meta’s Muse AI assistant. However, the stock has given back part of that move as investors took profits and broader technology stocks faced pressure from rising Treasury yields. Why Fastly shares are sliding
Negative Sentiment: Citi analyst Fatima Boolani questioned whether AI-assistant traffic will translate into meaningful revenue and remains neutral on Fastly. That concern is weighing on the market’s enthusiasm for the AI growth narrative. Fastly AI traffic monetization concerns
Negative Sentiment: Fastly CTO Artur Bergman sold 379,602 shares at an average price of $30.16, reducing his direct ownership by 25.01%. The sale was conducted under a pre-arranged Rule 10b5-1 plan, which limits its value as a discretionary bearish signal, but the transaction may still concern investors following the stock’s rapid advance. SEC insider sale filing

Institutional Investors Weigh In On Fastly

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

Several hedge funds and other institutional investors have recently bought and sold shares of the business. First Trust Advisors LP raised its position in Fastly by 100.5% in the first quarter. First Trust Advisors LP now owns 7,031,952 shares of the company's stock worth $204,349,000 after acquiring an additional 3,524,763 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Fastly by 0.4% during the 1st 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 grew its stake 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 during the last quarter. SG Americas Securities LLC grew its stake 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 during the last quarter. Finally, Wellington Management Group LLP bought a new stake in shares of Fastly in the 2nd quarter worth approximately $8,696,000. 79.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on FSLY. Canaccord Genuity Group started coverage on shares of Fastly in a research report on Friday, July 17th. They set a "buy" rating and a $27.00 price target on the stock. Raymond James Financial reiterated an "outperform" rating on shares of Fastly in a report on Wednesday. Freedom Capital upgraded shares of Fastly to a "strong-buy" rating in a research note on Thursday, July 16th. DA Davidson boosted their target price on Fastly from $21.00 to $23.00 and gave the stock a "neutral" rating in a report on Wednesday. Finally, Royal Bank Of Canada restated a "sector perform" rating and issued a $25.00 target price on shares of Fastly in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Fastly has an average rating of "Hold" and an average price target of $26.73.

Get Our Latest Stock Analysis on Fastly

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.