Key Points
- Fastly CEO Charles Lacey Compton III sold 14,868 shares at $25 each for approximately $371,700 under a pre-arranged Rule 10b5-1 trading plan, reducing his holdings by 1.42% to 1,030,592 shares.
- Fastly shares opened at $22.68, with a market capitalization of about $3.55 billion and a 52-week range of $6.70 to $34.82. Institutional investors and hedge funds own approximately 79.71% of the stock.
- Analyst opinion is mixed, with ratings ranging from strong buy to sell and an average recommendation of Hold with a $25.33 price target; recent results showed strong revenue and security growth, but some analysts caution that the valuation leaves limited room for disappointment.
Fastly, Inc. (NYSE:FSLY - Get Free Report) CEO Charles Lacey Compton III sold 14,868 shares of Fastly stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $25.00, for a total transaction of $371,700.00. Following the completion of the transaction, the chief executive officer owned 1,030,592 shares in the company, valued at approximately $25,764,800. This represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Charles Lacey Compton III also recently made the following trade(s):
- On Wednesday, June 3rd, Charles Lacey Compton III sold 9,313 shares of Fastly stock. The stock was sold at an average price of $20.79, for a total value of $193,617.27.
- On Friday, May 29th, Charles Lacey Compton III sold 15,028 shares of Fastly stock. The stock was sold at an average price of $16.96, for a total value of $254,874.88.
- On Tuesday, May 19th, Charles Lacey Compton III sold 11,275 shares of Fastly stock. The stock was sold at an average price of $16.48, for a total value of $185,812.00.
- On Monday, May 18th, Charles Lacey Compton III sold 34,334 shares of Fastly stock. The stock was sold at an average price of $16.85, for a total value of $578,527.90.
Fastly Price Performance
Shares of NYSE FSLY opened at $22.68 on Friday. The stock has a fifty day moving average price of $19.53 and a 200 day moving average price of $19.99. Fastly, Inc. has a 1-year low of $6.70 and a 1-year high of $34.82. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. The company has a market cap of $3.55 billion, a PE ratio of -23.62 and a beta of 0.34.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB acquired a new stake in shares of Fastly during the 2nd quarter valued at approximately $812,000. Assenagon Asset Management S.A. acquired a new position in Fastly during the second quarter worth $774,000. Byrne Asset Management LLC purchased a new stake in Fastly during the second quarter worth $173,000. 180 Wealth Advisors LLC boosted its position in Fastly by 8.2% during the second quarter. 180 Wealth Advisors LLC now owns 84,718 shares of the company's stock worth $1,555,000 after purchasing an additional 6,402 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Fastly by 120.0% in the first quarter. Bank of America Corp DE now owns 1,269,369 shares of the company's stock valued at $36,888,000 after purchasing an additional 692,459 shares during the last quarter. 79.71% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on FSLY shares. Canaccord Genuity Group began coverage on shares of Fastly in a research note on Friday, July 17th. They set a "buy" rating and a $27.00 price target on the stock. Freedom Capital upgraded shares of Fastly to a "strong-buy" rating in a research report on Thursday, July 16th. Piper Sandler lifted their price objective on Fastly from $27.00 to $28.00 and gave the company a "neutral" rating in a report on Thursday. Craig Hallum cut Fastly from a "buy" rating to a "hold" rating and set a $24.00 price target for the company. in a report on Tuesday, April 14th. Finally, Raymond James Financial restated an "outperform" rating and issued a $29.00 price target on shares of Fastly in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $25.33.
Get Our Latest Report on Fastly
Key Fastly News
Here are the key news stories impacting Fastly this week:
- Positive Sentiment: Fastly reported record second-quarter revenue of $183.3 million, up approximately 23% year over year, while non-GAAP earnings of $0.15 per share exceeded the $0.07 consensus estimate. Security revenue grew 43%, supported by demand for AI-related traffic protection, and gross margin reached a record 65.8%. Fastly Q2 Earnings Beat as Security Growth Spurs 2026 Outlook Hike
- Positive Sentiment: The company raised its 2026 outlook, including full-year adjusted EPS guidance of $0.50 to $0.54. Third-quarter revenue guidance of $184 million to $190 million and adjusted EPS guidance of $0.11 to $0.13 also came in above Wall Street expectations. Fastly Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Analysts raised their price targets following the report. KeyBanc increased its target to $30 and maintained an overweight rating, while RBC raised its target to $28 and kept a sector-perform rating, indicating continued confidence in Fastly’s execution and growth prospects.
- Neutral Sentiment: Fastly’s partnership with Experian’s Agent Trust ecosystem remains a longer-term catalyst, potentially helping enterprises verify AI agents, authorize transactions and apply identity-based security policies at the network edge.
- Negative Sentiment: The stock’s strong prior performance appears to have left high expectations embedded in its valuation. Analysts noted that the shares may look expensive, leaving limited room for disappointment even after the earnings beat and guidance increase. Fastly Stock Looks Overvalued Despite a Strong Return
- Negative Sentiment: CEO Charles Lacey Compton III sold 14,868 shares for approximately $371,700. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan and reduced his direct holdings by about 1.42%, making it a limited concern but a possible source of short-term selling pressure.
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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