Key Points
- Artur Bergman, Fastly's CTO, sold 30,680 shares on Jan. 26 at an average price of $9.92 for $304,345.60; after the trade he still owned 2,619,899 shares (≈$25.99M), a 1.16% reduction in his position.
- Bergman has executed multiple insider sales since December—amounting to hundreds of thousands of shares across several transactions—representing several million dollars in proceeds and consistent insider selling activity.
- Fastly recently beat EPS estimates (reported $0.07 vs. $0.01) with revenue up 15.3% year-over-year but remains unprofitable, and analysts hold a consensus Hold rating with a $10.64 price target.
Fastly, Inc. (NYSE:FSLY - Get Free Report) CTO Artur Bergman sold 30,680 shares of the firm's stock in a transaction on Monday, January 26th. The shares were sold at an average price of $9.92, for a total transaction of $304,345.60. Following the sale, the chief technology officer owned 2,619,899 shares in the company, valued at approximately $25,989,398.08. This trade represents a 1.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Artur Bergman also recently made the following trade(s):
- On Tuesday, January 27th, Artur Bergman sold 49,320 shares of Fastly stock. The stock was sold at an average price of $10.40, for a total transaction of $512,928.00.
- On Tuesday, January 20th, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $8.18, for a total value of $163,600.00.
- On Monday, January 12th, Artur Bergman sold 20,000 shares of Fastly stock. The shares were sold at an average price of $9.35, for a total value of $187,000.00.
- On Monday, January 5th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $10.27, for a total value of $410,800.00.
- On Monday, December 29th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.23, for a total value of $409,200.00.
- On Monday, December 22nd, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.59, for a total value of $423,600.00.
- On Monday, December 15th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $10.50, for a total value of $420,000.00.
- On Monday, December 15th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $10.50, for a total value 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.
Fastly Price Performance
Shares of Fastly stock opened at $9.92 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. Fastly, Inc. has a 52-week low of $4.65 and a 52-week high of $12.59. The company has a fifty day moving average of $10.33 and a 200-day moving average of $8.88. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of -10.33 and a beta of 0.98.
Fastly (NYSE:FSLY - Get Free Report) last posted its quarterly 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. Fastly had a negative net margin of 23.49% and a negative return on equity of 12.02%. The business had revenue of $158.22 million during the quarter, compared to the consensus estimate of $151.04 million. During the same period in the previous year, the firm posted $0.02 earnings per share. The firm's revenue for the quarter was up 15.3% on a year-over-year basis. 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 research analysts expect that Fastly, Inc. will post -0.78 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC purchased a new position in Fastly during the second quarter valued at $171,000. Hussman Strategic Advisors Inc. bought a new position in shares of Fastly in the 2nd quarter worth about $741,000. Geode Capital Management LLC lifted its position in Fastly by 6.3% during the 2nd quarter. Geode Capital Management LLC now owns 3,212,253 shares of the company's stock valued at $22,681,000 after acquiring an additional 189,423 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in Fastly during the second quarter worth about $557,000. Finally, Legal & General Group Plc grew its holdings in Fastly by 3.4% in the second quarter. Legal & General Group Plc now owns 8,943,224 shares of the company's stock worth $63,139,000 after purchasing an additional 291,617 shares during the period. 79.71% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts recently issued reports on FSLY shares. KeyCorp upgraded Fastly from a "sector weight" rating to an "overweight" rating and set a $14.00 price target on the stock in a research report on Monday, December 15th. Oppenheimer started coverage on shares of Fastly in a report on Monday, November 17th. They issued a "market perform" rating on the stock. Royal Bank Of Canada upped their price target on shares of Fastly from $9.00 to $10.00 and gave the company a "sector perform" rating in a report on Monday, January 5th. 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 report on Tuesday, November 11th. Finally, Piper Sandler boosted their price objective on shares of Fastly from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, January 5th. Two equities research 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. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $10.64.
Get Our Latest Stock Analysis on Fastly
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.
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