Key Points
- CTO Artur Bergman sold 849 shares on Nov. 28 for $11.82 each (total $10,035.18), part of a string of large insider sales in recent weeks (including 220,000 shares on Nov. 6 and multiple 40,000+ trades), though he still holds approximately 2,934,881 shares (a ~0.03% reduction).
- Fastly trades around $11.65 with a $1.74 billion market cap; the company recently beat quarterly EPS estimates ($0.07 vs. $0.01) and set FY2025 guidance of about $0.03–$0.07, but analysts’ consensus remains a "Hold" with a $10.08 price target.
Fastly, Inc. (NYSE:FSLY - Get Free Report) CTO Artur Bergman sold 849 shares of the firm's stock in a transaction on Friday, November 28th. The shares were sold at an average price of $11.82, for a total transaction of $10,035.18. Following the sale, the chief technology officer owned 2,934,881 shares in the company, valued at approximately $34,690,293.42. This represents a 0.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Artur Bergman also recently made the following trade(s):
- On Monday, December 1st, Artur Bergman sold 41,080 shares of Fastly stock. The stock was sold at an average price of $11.51, for a total transaction of $472,830.80.
- On Monday, November 24th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $11.43, for a total value of $457,200.00.
- On Tuesday, November 18th, Artur Bergman sold 62,828 shares of Fastly stock. The stock was 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 shares were sold at an average price of $12.51, for a total value of $34,002.18.
- On Monday, November 10th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $11.92, for a total value of $476,800.00.
- On Thursday, November 6th, Artur Bergman sold 220,000 shares of Fastly stock. The shares were sold at an average price of $10.67, for a total value 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 stock was sold at an average price of $8.34, for a total transaction 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 transaction of $164,600.00.
Fastly Stock Down 1.0%
Shares of NYSE FSLY opened at $11.65 on Wednesday. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -12.13 and a beta of 0.97. The company's 50-day simple moving average is $9.50 and its 200-day simple moving average is $8.08. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. Fastly, Inc. has a 52-week low of $4.65 and a 52-week high of $12.59.
Fastly (NYSE:FSLY - Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.06. Fastly had a negative net margin of 23.49% and a negative return on equity of 12.02%. The firm had revenue of $158.22 million for the quarter, compared to analyst estimates of $151.04 million. During the same period last year, the company posted $0.02 EPS. Fastly's quarterly revenue was up 15.3% compared to the same quarter last year. Fastly has set its Q4 2025 guidance at 0.040-0.080 EPS and its FY 2025 guidance at 0.030-0.070 EPS. Equities analysts predict that Fastly, Inc. will post -0.78 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts recently commented on FSLY shares. Craig Hallum upgraded Fastly from a "hold" rating to a "buy" rating and set a $10.00 price target for the company in a research report on Thursday, August 7th. Piper Sandler upped their target price on shares of Fastly from $7.50 to $10.00 and gave the stock a "neutral" rating in a report on Thursday, November 6th. Oppenheimer began coverage on shares of Fastly in a research report on Monday, November 17th. They issued a "market perform" rating for the company. DA Davidson boosted their price target 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, Wall Street Zen upgraded shares of Fastly from a "hold" rating to a "buy" rating in a report on Saturday, November 15th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $10.08.
View Our Latest Stock Analysis on FSLY
Institutional Investors Weigh In On Fastly
A number of hedge funds have recently modified their holdings of FSLY. Banque Transatlantique SA purchased a new position in Fastly during the first quarter worth about $38,000. Byrne Asset Management LLC acquired a new stake in shares of Fastly during the 3rd quarter worth approximately $43,000. Quarry LP purchased a new stake in shares of Fastly during the 3rd quarter valued at approximately $49,000. Geneos Wealth Management Inc. purchased a new stake in shares of Fastly during the 1st quarter valued at approximately $52,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in Fastly in the third quarter valued at approximately $56,000. Hedge funds and other institutional investors own 79.71% of the company's stock.
Fastly Company Profile
(
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.
Further Reading
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