Key Points
- CTO Artur Bergman sold stock: on Dec. 2 he sold 3,222 shares for $40,307.22 and has executed multiple large sales since late October (including a 220,000‑share sale on Nov. 6), leaving him with 2,890,579 shares—a 0.11% ownership decline valued at about $36.16M.
- Shares and fundamentals: Fastly shares fell 8.8% to $10.51, the company reported a Q3 beat (EPS $0.07 vs. $0.01; revenue $158.2M vs. $151.0M) but still shows negative net margin and ROE, a $1.57B market cap, and a consensus analyst target of about $10.08 with an overall "Hold" rating.
Fastly, Inc. (NYSE:FSLY - Get Free Report) CTO Artur Bergman sold 3,222 shares of the company's stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $12.51, for a total transaction of $40,307.22. Following the completion of the sale, the chief technology officer directly owned 2,890,579 shares in the company, valued at $36,161,143.29. This represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 shares were sold at an average price of $11.51, for a total transaction of $472,830.80.
- On Friday, November 28th, Artur Bergman sold 849 shares of Fastly stock. The stock was sold at an average price of $11.82, for a total transaction of $10,035.18.
- On Monday, November 24th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $11.43, for a total transaction of $457,200.00.
- 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 transaction 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 value 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 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 stock was sold at an average price of $8.21, for a total value 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 value of $166,800.00.
Fastly Stock Down 8.8%
Shares of NYSE:FSLY traded down $1.02 on Friday, hitting $10.51. 2,986,845 shares of the company traded hands, compared to its average volume of 3,151,956. The stock has a 50 day simple moving average of $9.63 and a 200-day simple moving average of $8.13. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.57 billion, a PE ratio of -10.86 and a beta of 0.97. 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 announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.06. The company had revenue of $158.22 million for 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%. Fastly's revenue was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.02 EPS. Fastly has set its Q4 2025 guidance at 0.040-0.080 EPS and its FY 2025 guidance at 0.030-0.070 EPS. As a group, research analysts expect that Fastly, Inc. will post -0.78 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on FSLY shares. Citigroup raised their price target on shares of Fastly from $8.00 to $12.00 and gave the company a "neutral" rating in a research report on Tuesday, November 11th. Piper Sandler increased their target price on Fastly from $7.50 to $10.00 and gave the company a "neutral" rating in a research note on Thursday, November 6th. Wall Street Zen raised Fastly from a "hold" rating to a "buy" rating in a report on Saturday, November 15th. Craig Hallum raised Fastly from a "hold" rating to a "buy" rating and set a $10.00 price target on the stock in a report on Thursday, August 7th. Finally, Royal Bank Of Canada increased their price objective on Fastly from $7.00 to $9.00 and gave the company a "sector perform" rating in a research report on Thursday, November 6th. 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's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $10.08.
View Our Latest Analysis on Fastly
Institutional Investors Weigh In On Fastly
A number of hedge funds have recently added to or reduced their stakes in FSLY. Penserra Capital Management LLC bought a new position in shares of Fastly during the 3rd quarter valued at $61,864,000. Divisadero Street Capital Management LP bought a new stake in shares of Fastly in the third quarter worth $21,174,000. Marshall Wace LLP increased its position in Fastly by 115.2% during the second quarter. Marshall Wace LLP now owns 3,385,167 shares of the company's stock valued at $23,899,000 after acquiring an additional 1,811,935 shares during the last quarter. Balyasny Asset Management L.P. lifted its holdings in Fastly by 3,941.1% in the second quarter. Balyasny Asset Management L.P. now owns 1,329,006 shares of the company's stock valued at $9,383,000 after acquiring an additional 1,296,119 shares during the period. Finally, Algert Global LLC lifted its holdings in Fastly by 288.8% in the third quarter. Algert Global LLC now owns 1,521,733 shares of the company's stock valued at $13,011,000 after acquiring an additional 1,130,293 shares during the period. 79.71% of the stock is currently owned by hedge funds and other institutional investors.
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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