Key Points
- Artur Bergman, Fastly's CTO, sold 40,000 shares on Nov. 24 at $11.43 for $457,200 and has sold roughly 505,546 shares since Oct. 6, leaving him with 2,935,730 shares (about $33.56M), a 1.34% reduction in his position.
- Fastly recently beat Q3 expectations (EPS $0.07 vs. $0.01; revenue $158.2M, +15.3% YoY) and gave modest FY/Q4 2025 guidance, but analysts' consensus remains a Hold with a $10.36 target—below the current ~$12.34 price—and the company carries a negative P/E and $1.84B market cap.
Fastly, Inc. (NYSE:FSLY - Get Free Report) CTO Artur Bergman sold 40,000 shares of the business's stock in a transaction on Monday, November 24th. The stock was sold at an average price of $11.43, for a total transaction of $457,200.00. Following the transaction, the chief technology officer directly owned 2,935,730 shares of the company's stock, valued at approximately $33,555,393.90. This represents a 1.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Artur Bergman also recently made the following trade(s):
- On Tuesday, November 18th, Artur Bergman sold 62,828 shares of Fastly stock. The shares were sold at an average price of $10.48, for a total value of $658,437.44.
- On Monday, November 17th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $10.77, for a total value of $430,800.00.
- On Wednesday, November 12th, Artur Bergman sold 2,718 shares of Fastly stock. The stock was sold at an average price of $12.51, for a total transaction of $34,002.18.
- On Monday, November 10th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $11.92, for a total transaction of $476,800.00.
- On Thursday, November 6th, Artur Bergman sold 220,000 shares of Fastly stock. The stock was sold at an average price of $10.67, for a total transaction of $2,347,400.00.
- On Monday, November 3rd, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $8.21, for a total transaction of $164,200.00.
- On Monday, October 27th, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $8.34, for a total value of $166,800.00.
- On Monday, October 20th, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $8.23, for a total value of $164,600.00.
- On Monday, October 13th, Artur Bergman sold 20,000 shares of Fastly stock. The stock was sold at an average price of $8.22, for a total value of $164,400.00.
- On Monday, October 6th, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $8.76, for a total value of $175,200.00.
Fastly Stock Up 6.2%
Shares of FSLY stock opened at $12.34 on Wednesday. Fastly, Inc. has a one year low of $4.65 and a one year high of $12.54. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. The stock has a fifty day moving average price of $9.20 and a 200 day moving average price of $7.96. The stock has a market cap of $1.84 billion, a P/E ratio of -12.86 and a beta of 1.21.
Fastly (NYSE:FSLY - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.06. The company had revenue of $158.22 million during the quarter, compared to analysts' expectations of $151.04 million. Fastly had a negative net margin of 23.49% and a negative return on equity of 12.02%. The business's revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.02 EPS. Fastly has set its Q4 2025 guidance at 0.040-0.080 EPS. FY 2025 guidance at 0.030-0.070 EPS. Analysts predict that Fastly, Inc. will post -0.78 earnings per share for the current year.
Analyst Ratings Changes
A number of research analysts have commented on FSLY shares. Royal Bank Of Canada raised their price target on shares of Fastly from $7.00 to $9.00 and gave the stock a "sector perform" rating in a research note on Thursday, November 6th. Piper Sandler increased their price objective on Fastly from $7.50 to $10.00 and gave the stock a "neutral" rating in a research note on Thursday, November 6th. Oppenheimer initiated coverage on shares of Fastly in a research note on Monday, November 17th. They issued a "market perform" rating on the stock. DA Davidson increased their target price on shares of Fastly from $9.50 to $11.50 and gave the stock a "neutral" rating in a research report on Tuesday, November 11th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Fastly in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Fastly has an average rating of "Hold" and a consensus target price of $10.36.
View Our Latest Stock Analysis on Fastly
Institutional Investors Weigh In On Fastly
Several hedge funds and other institutional investors have recently added to or reduced their stakes in FSLY. CIBC Bancorp USA Inc. bought a new position in shares of Fastly in the third quarter worth about $125,000. Sunbelt Securities Inc. acquired a new stake in shares of Fastly in the third quarter valued at approximately $202,000. CANADA LIFE ASSURANCE Co raised its position in Fastly by 3.7% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 1,928,436 shares of the company's stock worth $16,719,000 after purchasing an additional 69,290 shares during the last quarter. PharVision Advisers LLC acquired a new position in Fastly during the 3rd quarter worth $289,000. Finally, Alyeska Investment Group L.P. bought a new position in Fastly in the 3rd quarter valued at $1,414,000. Institutional investors and hedge funds own 79.71% of the company's stock.
About Fastly
(
Get Free Report)
Fastly, Inc operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet.
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