Campbell & CO Investment Adviser LLC Has $338,000 Stake in Fastly, Inc. $FSLY

Campbell & CO Investment Adviser LLC reduced its stake in shares of Fastly, Inc. (NYSE:FSLY) by 75.8% in the 3rd quarter, Holdings Channel reports. The firm owned 39,515 shares of the company’s stock after selling 123,697 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Fastly were worth $338,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FSLY. Byrne Asset Management LLC acquired a new stake in shares of Fastly in the third quarter valued at about $43,000. State of Alaska Department of Revenue acquired a new position in shares of Fastly in the 3rd quarter worth approximately $57,000. Geneos Wealth Management Inc. bought a new stake in shares of Fastly in the 1st quarter valued at $52,000. LeConte Wealth Management LLC acquired a new stake in shares of Fastly during the third quarter worth $92,000. Finally, Oxford Asset Management LLP bought a new position in Fastly during the second quarter worth $83,000. 79.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on FSLY shares. Weiss Ratings restated a “sell (d-)” rating on shares of Fastly in a report on Wednesday, October 8th. Citigroup dropped their price objective on Fastly from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Friday, January 16th. DA Davidson upped their target price on Fastly from $9.50 to $11.50 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Piper Sandler raised their target price on Fastly from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. Finally, Wall Street Zen raised Fastly from a “hold” rating to a “buy” rating in a research note on Saturday, November 15th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Fastly has a consensus rating of “Hold” and an average target price of $10.64.

Fastly Trading Down 1.0%

NYSE FSLY opened at $9.29 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The business has a fifty day simple moving average of $10.36 and a 200 day simple moving average of $8.81. Fastly, Inc. has a 12 month low of $4.65 and a 12 month high of $12.59. The firm has a market capitalization of $1.39 billion, a P/E ratio of -9.68 and a beta of 0.98.

Fastly (NYSE:FSLY) last posted its earnings results on Wednesday, November 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 23.49% and a negative return on equity of 12.02%. The business’s revenue was up 15.3% compared to the same quarter last year. During the same quarter in the prior 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. On average, analysts predict that Fastly, Inc. will post -0.78 EPS for the current fiscal year.

Insiders Place Their Bets

In other Fastly news, CEO Charles Lacey Compton III sold 4,638 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $8.81, for a total value of $40,860.78. Following the completion of the sale, the chief executive officer owned 612,232 shares in the company, valued at approximately $5,393,763.92. This trade represents a 0.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Artur Bergman sold 20,000 shares of Fastly stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $8.18, for a total transaction of $163,600.00. Following the transaction, the chief technology officer directly owned 2,650,579 shares in the company, valued at approximately $21,681,736.22. This represents a 0.75% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 889,248 shares of company stock valued at $9,306,876. Corporate insiders own 6.70% of the company’s stock.

Fastly Profile

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.