Key Points
- Artur Bergman, Fastly's CTO, sold 40,000 shares on December 8 at an average price of $10.66 for $426,400 and now directly owns 2,850,579 shares (about $30.39M), a 1.38% reduction in his position.
- Between November 3 and December 8 he sold roughly 510,700 shares for approximately $5.52 million, reflecting sustained insider selling over several weeks.
- Fastly recently beat quarterly estimates (EPS $0.07 vs $0.01; revenue $158.2M) and trades near $10.50 with a $1.57B market cap, while analysts' consensus is a "Hold" with an average target of about $10.08.
Fastly, Inc. (NYSE:FSLY - Get Free Report) CTO Artur Bergman sold 40,000 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $10.66, for a total value of $426,400.00. Following the completion of the transaction, the chief technology officer directly owned 2,850,579 shares in the company, valued at approximately $30,387,172.14. This trade represents a 1.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Artur Bergman also recently made the following trade(s):
- On Tuesday, December 2nd, Artur Bergman sold 3,222 shares of Fastly stock. The stock was sold at an average price of $12.51, for a total value of $40,307.22.
- 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 value 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 value of $10,035.18.
- 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 transaction of $658,437.44.
- On Monday, November 17th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.77, for a total transaction 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 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 stock was 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 value of $164,200.00.
Fastly Price Performance
NYSE FSLY opened at $10.54 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of -10.98 and a beta of 0.97. The business has a 50 day simple moving average of $9.80 and a 200 day simple moving average of $8.23. 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 released its quarterly earnings results on Wednesday, November 5th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.06. The firm had revenue of $158.22 million for the quarter, compared to the consensus estimate of $151.04 million. Fastly had a negative return on equity of 12.02% and a negative net margin of 23.49%.The company's revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter last 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. Analysts anticipate that Fastly, Inc. will post -0.78 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
FSLY has been the subject of several research reports. DA Davidson raised their price target on shares of Fastly from $9.50 to $11.50 and gave the stock a "neutral" rating in a research note on Tuesday, November 11th. Oppenheimer started coverage on Fastly in a report on Monday, November 17th. They issued a "market perform" rating for the company. Royal Bank Of Canada increased their price target on Fastly from $7.00 to $9.00 and gave the company a "sector perform" rating in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Fastly in a research report on Wednesday, October 8th. Finally, Citigroup increased their price objective on Fastly from $8.00 to $12.00 and gave the company a "neutral" rating in a report on Tuesday, November 11th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Fastly has an average rating of "Hold" and an average target price of $10.08.
View Our Latest Analysis on Fastly
Hedge Funds Weigh In On Fastly
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FSLY. Byrne Asset Management LLC acquired a new stake in shares of Fastly during the 3rd quarter worth about $43,000. Quarry LP acquired a new stake in Fastly during the third quarter worth approximately $49,000. Banque Transatlantique SA bought a new stake in shares of Fastly during the first quarter worth approximately $38,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Fastly in the third quarter valued at approximately $56,000. Finally, State of Alaska Department of Revenue acquired a new position in shares of Fastly in the third quarter valued at approximately $57,000. 79.71% of the stock is owned by institutional investors.
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.
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