Key Points
- Fastly CEO Charles Lacey Compton III sold 4,638 shares on Jan. 20 at an average price of $8.81 for $40,860.78, reducing his stake by about 0.75%; he also sold 9,044 shares on Jan. 16 and 18,455 shares on Nov. 18.
- Fastly beat recent quarterly EPS and revenue estimates (EPS $0.07 vs. $0.01 est.), provided FY2025 EPS guidance, but still shows a negative net margin and carries an average analyst rating of Hold with a $10.64 target.
Fastly, Inc. (NYSE:FSLY - Get Free Report) CEO Charles Lacey Compton III sold 4,638 shares of the firm's stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $8.81, for a total transaction of $40,860.78. Following the completion of the transaction, the chief executive officer directly owned 612,232 shares of the company's stock, valued at $5,393,763.92. This represents a 0.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Charles Lacey Compton III also recently made the following trade(s):
- On Friday, January 16th, Charles Lacey Compton III sold 9,044 shares of Fastly stock. The shares were sold at an average price of $9.07, for a total transaction of $82,029.08.
- On Tuesday, November 18th, Charles Lacey Compton III sold 18,455 shares of Fastly stock. The stock was sold at an average price of $10.23, for a total value of $188,794.65.
Fastly Stock Performance
Shares of FSLY stock opened at $8.92 on Thursday. The stock's fifty day simple moving average is $10.44 and its 200-day simple moving average is $8.79. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of -9.29 and a beta of 0.98. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. Fastly, Inc. has a 1-year low of $4.65 and a 1-year high of $12.59.
Fastly (NYSE:FSLY - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.06. The firm had revenue of $158.22 million during the quarter, compared to analyst estimates of $151.04 million. Fastly had a negative return on equity of 12.02% and a negative net margin of 23.49%.The business's quarterly revenue was up 15.3% compared to the same quarter last year. During the same period last year, the company 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. On average, sell-side analysts predict that Fastly, Inc. will post -0.78 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on FSLY. Oppenheimer assumed coverage on shares of Fastly in a research report on Monday, November 17th. They issued a "market perform" rating for the company. Piper Sandler increased their price objective on Fastly from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Monday, January 5th. Weiss Ratings reissued a "sell (d-)" rating on shares of Fastly in a research report on Wednesday, October 8th. Royal Bank Of Canada upped their target price on Fastly from $9.00 to $10.00 and gave the stock a "sector perform" rating in a research report on Monday, January 5th. Finally, DA Davidson raised their price target on Fastly from $9.50 to $11.50 and gave the stock a "neutral" rating in a research note on Tuesday, November 11th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Fastly presently has an average rating of "Hold" and an average target price of $10.64.
View Our Latest Research Report on FSLY
Hedge Funds Weigh In On Fastly
A number of institutional investors have recently made changes to their positions in FSLY. Vanguard Group Inc. lifted its position in shares of Fastly by 3.4% during the 3rd quarter. Vanguard Group Inc. now owns 16,666,672 shares of the company's stock worth $142,500,000 after purchasing an additional 554,909 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of Fastly by 3.4% during the second quarter. Legal & General Group Plc now owns 8,943,224 shares of the company's stock worth $63,139,000 after buying an additional 291,617 shares during the last quarter. Penserra Capital Management LLC acquired a new position in shares of Fastly during the third quarter worth approximately $61,864,000. Dimensional Fund Advisors LP boosted its position in shares of Fastly by 2.9% in the third quarter. Dimensional Fund Advisors LP now owns 4,137,808 shares of the company's stock valued at $35,380,000 after acquiring an additional 117,213 shares during the period. Finally, Marshall Wace LLP grew its stake in shares of Fastly by 115.2% in the second quarter. Marshall Wace LLP now owns 3,385,167 shares of the company's stock worth $23,899,000 after acquiring an additional 1,811,935 shares during the last quarter. 79.71% of the stock is currently owned by institutional investors.
Fastly Company Profile
(
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.
Further Reading
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