Key Points
- Artur Bergman, Fastly's CTO, sold 40,000 shares on December 22 at an average price of $10.59 for $423,600 and now holds 2,770,579 shares (a 1.42% reduction, valued at about $29.34M).
- He has executed numerous large sales since November — including multiple 40,000-share transactions, a 62,828-share sale and a 41,080-share sale — representing hundreds of thousands of shares sold across recent weeks.
- Fastly has a $1.56B market cap and recently beat quarterly EPS and revenue estimates, but remains unprofitable (negative net margin); analysts' consensus is a "Hold" with an average target price of about $10.64.
Fastly, Inc. (NYSE:FSLY - Get Free Report) CTO Artur Bergman sold 40,000 shares of the stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $10.59, for a total transaction of $423,600.00. Following the completion of the transaction, the chief technology officer owned 2,770,579 shares of the company's stock, valued at approximately $29,340,431.61. This represents a 1.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Artur Bergman also recently made the following trade(s):
- On Monday, December 15th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.50, for a total transaction of $420,000.00.
- On Monday, December 15th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.50, for a total transaction of $420,000.00.
- On Monday, December 8th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $10.66, for a total transaction of $426,400.00.
- 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 transaction 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 shares were 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 stock was 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 shares were 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.
Fastly Stock Performance
Fastly stock opened at $10.43 on Wednesday. The firm has a market capitalization of $1.56 billion, a P/E ratio of -10.86 and a beta of 0.97. The stock has a fifty day moving average price of $10.12 and a two-hundred day moving average price of $8.41. Fastly, Inc. has a 52-week low of $4.65 and a 52-week high of $12.59. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46.
Fastly (NYSE:FSLY - Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.06. The business had revenue of $158.22 million for the quarter, compared to analyst estimates of $151.04 million. Fastly had a negative net margin of 23.49% and a negative return on equity of 12.02%. The firm's quarterly revenue was up 15.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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, analysts anticipate that Fastly, Inc. will post -0.78 EPS for the current fiscal year.
Analyst Ratings Changes
FSLY has been the subject of a number of research analyst reports. Wall Street Zen upgraded shares of Fastly from a "hold" rating to a "buy" rating in a research note on Saturday, November 15th. KeyCorp upgraded Fastly from a "sector weight" rating to an "overweight" rating and set a $14.00 price objective for the company in a research report on Monday, December 15th. Citigroup boosted their price objective on Fastly from $8.00 to $12.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 11th. Piper Sandler increased their target price on Fastly from $7.50 to $10.00 and gave the stock a "neutral" rating in a report on Thursday, November 6th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Fastly in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $10.64.
Get Our Latest Analysis on Fastly
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of FSLY. Caxton Associates LLP acquired a new stake in shares of Fastly during the 1st quarter worth approximately $800,000. Los Angeles Capital Management LLC bought a new position in Fastly in the second quarter valued at approximately $171,000. Hussman Strategic Advisors Inc. acquired a new stake in Fastly during the 2nd quarter worth $741,000. Geode Capital Management LLC grew its holdings in Fastly by 6.3% during the 2nd quarter. Geode Capital Management LLC now owns 3,212,253 shares of the company's stock worth $22,681,000 after acquiring an additional 189,423 shares during the period. Finally, Hsbc Holdings PLC raised its position in shares of Fastly by 6.1% during the 1st quarter. Hsbc Holdings PLC now owns 27,938 shares of the company's stock valued at $175,000 after acquiring an additional 1,612 shares during the last quarter. 79.71% of the stock is currently owned by institutional investors.
About Fastly
(
Get Free Report)
Fastly, Inc operates an edge cloud platform designed to accelerate, secure and enable modern digital experiences. The company offers a suite of services including a content delivery network (CDN), edge compute, load balancing, web application firewall (WAF) and DDoS protection. Fastly's real-time architecture allows customers to seamlessly deploy software logic at the network edge, reducing latency by bringing applications and content closer to end users.
Founded in 2011 by Artur Bergman, Fastly has evolved from a pure-play CDN provider into a comprehensive edge cloud platform.
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