Artur Bergman Sells 49,320 Shares of Fastly (NYSE:FSLY) Stock

Fastly, Inc. (NYSE:FSLY) CTO Artur Bergman sold 49,320 shares of the stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $10.40, for a total value of $512,928.00. Following the sale, the chief technology officer owned 2,570,579 shares of the company’s stock, valued at approximately $26,734,021.60. The trade was a 1.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• On Monday, January 26th, Artur Bergman sold 30,680 shares of Fastly stock. The shares were sold at an average price of $9.92, for a total value of $304,345.60.
• 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 stock was 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 stock was sold at an average price of $10.59, for a total transaction of $423,600.00.
• On Monday, December 15th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.50, for a total transaction of $420,000.00.
• On Monday, December 15th, Artur Bergman sold 40,000 shares of Fastly stock. The shares were sold at an average price of $10.50, for a total transaction 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 NYSE FSLY opened at $9.62 on Friday. The firm’s 50-day moving average price is $10.31 and its 200-day moving average price is $8.89. Fastly, Inc. has a 1-year low of $4.65 and a 1-year high of $12.59. The firm has a market capitalization of $1.44 billion, a P/E ratio of -10.02 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 (NYSE:FSLY) last issued its earnings results on Wednesday, November 5th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.01 by $0.06. Fastly had a negative return on equity of 12.02% and a negative net margin of 23.49%.The company had revenue of $158.22 million during the quarter, compared to the consensus estimate of $151.04 million. During the same period last year, the business posted $0.02 EPS. The firm’s revenue for the quarter was up 15.3% compared to the same quarter last year. 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 anticipate that Fastly, Inc. will post -0.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FSLY has been the topic of a number of recent research reports. Oppenheimer assumed coverage on Fastly in a report on Monday, November 17th. They issued a “market perform” rating on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fastly in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Fastly from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. DA Davidson raised their price target on shares of Fastly from $9.50 to $11.50 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Finally, KeyCorp raised 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. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Fastly has a consensus rating of “Hold” and an average price target of $10.64.

Hedge Funds Weigh In On Fastly

A number of hedge funds and other institutional investors have recently modified their holdings of FSLY. Arizona State Retirement System increased its position in shares of Fastly by 3.2% during the third quarter. Arizona State Retirement System now owns 40,705 shares of the company’s stock valued at $348,000 after acquiring an additional 1,253 shares during the last quarter. Parallax Volatility Advisers L.P. increased its position in shares of Fastly by 13.8% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 12,095 shares of the company’s stock valued at $103,000 after purchasing an additional 1,465 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Fastly by 12.8% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,433 shares of the company’s stock valued at $137,000 after purchasing an additional 2,210 shares during the last quarter. 180 Wealth Advisors LLC raised its stake in shares of Fastly by 3.7% during the 4th quarter. 180 Wealth Advisors LLC now owns 79,221 shares of the company’s stock worth $806,000 after purchasing an additional 2,860 shares during the period. Finally, Savant Capital LLC increased its stake in shares of Fastly by 27.6% during the 3rd quarter. Savant Capital LLC now owns 18,721 shares of the company’s stock worth $160,000 after purchasing an additional 4,051 shares during the last quarter. Hedge funds and other institutional investors own 79.71% of the company’s stock.

Fastly Company 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.