Artur Bergman Sells 275,234 Shares of Fastly (NYSE:FSLY) Stock

Fastly, Inc. (NYSE:FSLY) CTO Artur Bergman sold 275,234 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $20.56, for a total transaction of $5,658,811.04. Following the completion of the sale, the chief technology officer directly owned 1,909,901 shares in the company, valued at approximately $39,267,564.56. This represents a 12.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Artur Bergman also recently made the following trade(s):

• On Tuesday, March 10th, Artur Bergman sold 265,000 shares of Fastly stock. The stock was sold at an average price of $22.79, for a total transaction of $6,039,350.00.
• On Monday, March 9th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $21.07, for a total transaction of $842,800.00.
• On Thursday, March 5th, Artur Bergman sold 31,079 shares of Fastly stock. The shares were sold at an average price of $20.69, for a total value of $643,024.51.
• On Wednesday, March 4th, Artur Bergman sold 24,532 shares of Fastly stock. The shares were sold at an average price of $21.06, for a total value of $516,643.92.
• On Friday, February 27th, Artur Bergman sold 869 shares of Fastly stock. The shares were sold at an average price of $17.50, for a total value of $15,207.50.
• On Monday, February 23rd, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $17.08, for a total value of $683,200.00.
• On Thursday, February 19th, Artur Bergman sold 34,576 shares of Fastly stock. The stock was sold at an average price of $20.10, for a total value of $694,977.60.
• On Thursday, February 19th, Artur Bergman sold 39,881 shares of Fastly stock. The shares were sold at an average price of $18.89, for a total value of $753,352.09.
• On Wednesday, February 18th, Artur Bergman sold 18,338 shares of Fastly stock. The stock was sold at an average price of $17.53, for a total value of $321,465.14.
• On Tuesday, February 17th, Artur Bergman sold 40,000 shares of Fastly stock. The stock was sold at an average price of $17.53, for a total value of $701,200.00.

Fastly Stock Performance

Shares of FSLY opened at $24.05 on Thursday. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of -25.05 and a beta of 0.88. Fastly, Inc. has a 52-week low of $4.65 and a 52-week high of $25.22. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average price of $13.35 and a 200 day moving average price of $10.74.

Key Headlines Impacting Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Sector AI/cloud enthusiasm lifted FSLY after Nvidia announced a $2 billion investment in Nebius — traders interpreted the news as a positive signal for edge/cloud providers and that optimism helped push demand for Fastly shares. Why Is Fastly (FSLY) Stock Rocketing Higher Today
• Positive Sentiment: RBC Capital moved its price objective up to $20 (from $12) while keeping a Sector Perform rating, citing improved execution and potential multiple expansion after meetings with management — this analyst action supports buyer interest and validates recent performance. RBC Capital Keeps a Sector Perform Rating on Fastly, Inc. (FSLY)
• Neutral Sentiment: Institutional ownership is high (~80%), and several funds have materially increased stakes; that can amplify rallies but also concentrate supply/demand and limit float. Monitor volume for conviction. FSLY Insider & Institutional Data
• Negative Sentiment: Repeated, large insider sales — notably CTO Artur Bergman’s multi-transaction sales totaling hundreds of thousands of shares this month (SEC filings disclose several sales) — create headline risk and may encourage short‑term profit‑taking despite company performance. SEC Form 4 — Bergman Sale

Institutional Trading of Fastly

A number of large investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd purchased a new position in Fastly during the 4th quarter worth $41,000. Sunbelt Securities Inc. raised its holdings in shares of Fastly by 199.8% in the fourth quarter. Sunbelt Securities Inc. now owns 70,868 shares of the company’s stock valued at $721,000 after buying an additional 47,233 shares during the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in shares of Fastly during the fourth quarter worth about $11,657,000. Invesco Ltd. boosted its stake in shares of Fastly by 13.7% during the fourth quarter. Invesco Ltd. now owns 408,148 shares of the company’s stock worth $4,155,000 after buying an additional 49,093 shares during the period. Finally, Fuller & Thaler Asset Management Inc. purchased a new position in shares of Fastly during the fourth quarter worth about $439,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

Analyst Upgrades and Downgrades

FSLY has been the topic of several research analyst reports. DA Davidson set a $13.00 price target on shares of Fastly in a research note on Thursday, February 12th. KeyCorp upgraded shares of Fastly from a “sector weight” rating to an “overweight” rating and set a $14.00 price objective for the company in a research note on Monday, December 15th. Citigroup raised their price objective on Fastly from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, February 13th. Piper Sandler reiterated a “neutral” rating and set a $14.00 target price (up from $11.00) on shares of Fastly in a research report on Thursday, February 12th. Finally, Wall Street Zen raised Fastly from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Fastly has an average rating of “Hold” and a consensus price target of $13.14.

About Fastly

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.