Fastly, Inc. (NASDAQ:FSLY - Get Free Report) CEO Charles Compton, III sold 8,941 shares of the company's stock in a transaction on Monday, October 26th. The stock was sold at an average price of $24.98, for a total transaction of $223,346.18. Following the completion of the transaction, the chief executive officer directly owned 822,559 shares of the company's stock, valued at $20,547,523.82. This represents a 1.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available 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 value 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 value 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 value 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 value 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 value 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 value of $345,644.00.
- On Wednesday, August 19th, Charles Compton, III sold 11,198 shares of Fastly stock. The stock was sold at an average price of $24.69, for a total value of $276,478.62.
- On Tuesday, August 18th, Charles 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 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.
Fastly Stock Down 1.2%
Shares of FSLY stock opened at $27.03 on Thursday. 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 stock has a market cap of $4.31 billion, a P/E ratio of -51.00 and a beta of 0.31. Fastly, Inc. has a 52 week low of $7.87 and a 52 week high of $34.82. The company's fifty day simple moving average is $24.42 and its two-hundred day simple moving average is $21.13.
Fastly (NASDAQ:FSLY - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.07 by $0.08. The business had revenue of $183.32 million during 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. Analysts predict that Fastly, Inc. will post -0.29 EPS for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. First Trust Advisors LP grew its position in shares of Fastly by 100.5% during 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 period. Dimensional Fund Advisors LP raised its holdings in 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 during the period. Bank of America Corp DE raised its stake in shares of Fastly by 120.0% during the 1st quarter. Bank of America Corp DE now owns 1,269,369 shares of the company's stock worth $36,888,000 after buying an additional 692,459 shares during the period. Wellington Management Group LLP acquired a new stake in shares of Fastly in the second quarter valued at about $8,696,000. Finally, Swiss National Bank lifted its position in shares of Fastly by 1.8% in the first quarter. Swiss National Bank now owns 280,900 shares of the company's stock valued at $8,163,000 after acquiring an additional 4,900 shares in the last quarter. Institutional investors and hedge funds own 79.71% of the company's stock.
Wall Street Analysts Forecast Growth
FSLY has been the subject of several recent research reports. Piper Sandler boosted their price target on shares of Fastly from $27.00 to $28.00 and gave the company a "neutral" rating in a report on Thursday, August 6th. DA Davidson boosted their price target on Fastly from $21.00 to $23.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 23rd. Freedom Capital raised shares of Fastly to a "strong-buy" rating in a report on Thursday, July 16th. Bank of America increased their price target on shares of Fastly from $20.00 to $22.00 and gave the stock an "underperform" rating in a report on Wednesday, September 23rd. Finally, Evercore reiterated an "outperform" rating on shares of Fastly in a research report on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Fastly has a consensus rating of "Hold" and a consensus target price of $27.42.
Get Our Latest Analysis on FSLY
About Fastly
(
Get Free Report)
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.
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