Fastly (NASDAQ:FSLY) CEO Charles Lacey Compton III Sells 11,198 Shares of Stock

Fastly, Inc. (NASDAQ:FSLY) CEO Charles Lacey Compton III sold 11,198 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $24.69, for a total value of $276,478.62. Following the sale, the chief executive officer owned 984,842 shares in the company, valued at approximately $24,315,748.98. This represents a 1.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 Tuesday, August 18th, Charles Lacey Compton III sold 34,552 shares of Fastly stock. The stock was sold at an average price of $28.60, for a total transaction of $988,187.20.
• On Tuesday, August 4th, Charles Lacey Compton III sold 14,868 shares of Fastly stock. The stock was sold at an average price of $25.00, for a total transaction of $371,700.00.
• On Wednesday, June 3rd, Charles Lacey Compton III sold 9,313 shares of Fastly stock. The shares were sold at an average price of $20.79, for a total transaction of $193,617.27.
• On Friday, May 29th, Charles Lacey Compton III sold 15,028 shares of Fastly stock. The shares were sold at an average price of $16.96, for a total transaction of $254,874.88.

Fastly Stock Down 4.0%

Fastly stock opened at $22.71 on Friday. Fastly, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $34.82. The firm has a market capitalization of $3.62 billion, a PE ratio of -42.85 and a beta of 0.34. The company’s 50-day moving average is $21.09 and its 200-day moving average is $21.23. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.36 and a quick ratio of 3.36.

Fastly (NASDAQ:FSLY) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.08. The business had revenue of $183.32 million during the quarter, compared to analysts’ expectations of $173.94 million. Fastly had a negative return on equity of 6.31% and a negative net margin of 11.80%.Fastly has set its FY 2026 guidance at 0.500-0.540 EPS and its Q3 2026 guidance at 0.110-0.130 EPS. Sell-side analysts anticipate that Fastly, Inc. will post -0.29 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its holdings in shares of Fastly by 84.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after buying an additional 633 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Fastly during the fourth quarter worth about $41,000. Align Financial LLC acquired a new stake in Fastly in the 4th quarter worth about $41,000. Sound Income Strategies LLC bought a new stake in Fastly in the 1st quarter valued at about $44,000. Finally, Quarry LP bought a new stake in Fastly in the 3rd quarter valued at about $49,000. Institutional investors own 79.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FSLY. KeyCorp boosted their target price on Fastly from $27.00 to $30.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Raymond James Financial reiterated an “outperform” rating and issued a $29.00 price objective on shares of Fastly in a report on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Fastly in a report on Friday, August 7th. Royal Bank Of Canada upped their price target on shares of Fastly from $22.00 to $28.00 and gave the company a “sector perform” rating in a research note on Thursday, August 6th. Finally, Citigroup increased their price target on shares of Fastly from $13.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Fastly currently has a consensus rating of “Hold” and an average target price of $25.33.

Fastly News Summary

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s edge-cloud platform remains positioned to benefit from long-term growth in artificial intelligence and cloud-computing demand. The company recently exceeded quarterly earnings and revenue expectations, reporting $0.15 in EPS versus the $0.07 consensus estimate and $183.32 million in revenue versus expectations of $173.94 million. Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
• Neutral Sentiment: Fastly CTO Artur Bergman sold 64,074 shares for approximately $1.71 million across August 18–19, while CEO Charles Lacey Compton III sold 45,750 shares for roughly $1.26 million. Both executives’ transactions were executed under pre-arranged Rule 10b5-1 trading plans, which reduces their value as a discretionary signal about management’s outlook. CTO SEC Form 4 Filing CEO SEC Form 4 Filing
• Negative Sentiment: Investor concerns about competitive pressure from AI weighed on software stocks after a report said Anthropic’s anticipated IPO could rival or exceed SpaceX’s record debut. The news appears to have intensified worries that major AI companies could capture spending and attention that might otherwise benefit infrastructure providers such as Fastly. Why Fastly Shares Are Falling Today
• Negative Sentiment: CFO Richard Wong sold 148,015 shares valued at approximately $4.23 million, reducing his direct ownership by 11.94%. Another insider, Scott R. Lovett, sold 14,936 shares for about $427,000. Combined with the CEO and CTO transactions, the roughly $7.8 million of recent insider selling may weigh on sentiment, even though some sales were conducted under 10b5-1 plans. Fastly Insider Selling Alert

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.